The Pakistan Stock Exchange (PSX) plunged by 6,560.82 points, or 5.78%, on Wednesday due to heightened military tensions between India and Pakistan following the Pahalgam terror attack. The KSE-100 index dropped from 113,568.50 to 107,007.68 before a brief recovery. Analysts attributed the decline to fears of military escalation, with cautious optimism that the conflict may remain short-lived. The market was briefly suspended due to the sharp fall, marking the second-largest intraday loss in points.
Op Sindoor Live: Air Siren Sounded in Chandigarh, Residents Advised To Remain Indoors
By : DC Correspondent
Update: 2025-05-07 05:23 GMT
2025-05-07 10:35 GMT
Pakistan Targets Civilian Population in J&K After India's Strikes: CM Omar Abdullah
Jammu and Kashmir Chief Minister Omar Abdullah on Wednesday accused Pakistan of going out of its way to target the civilian population in the Union Territory following India's missile strikes on terror infrastructure in Pakistan. He highlighted that India had made efforts to avoid hitting civilian and military targets, emphasizing that only terror bases were struck in retaliation for the brutal killing of 26 civilians in Pahalgam. Abdullah also chaired a review meeting to assess security along the Line of Control and border areas, focusing on protecting civilian lives and strengthening infrastructure in response to emerging threats.
2025-05-07 10:32 GMT
"We take pride in our armed forces for their courageous, decisive action against terror camps in Pakistan and PoK." — Mallikarjun Kharge
2025-05-07 10:14 GMT
Doval tells global NSAs India won’t escalate but ready to retaliate if provoked
National Security Advisor Ajit Doval on Wednesday briefed his counterparts in the US, UK, Saudi Arabia, Japan, and other key countries on India’s measured and non-escalatory missile strikes under Operation Sindoor, stating that while India has no intention to escalate tensions, it is fully prepared to retaliate if Pakistan chooses to respond.
2025-05-07 09:42 GMT
"Operation Sindoor is a clear message—India will never tolerate terror. If Pakistan dares to retaliate, we will not hesitate to wage war," Chief Minister Siddaramaiah said, saluting the armed forces for their precision and courage.
2025-05-07 09:20 GMT
"Let us congratulate the Indian armed forces and Prime Minister Narendra Modi for the precision strike that destroyed nine terrorist camp sites. This time, the video footage of the airstrike is available, leaving no scope for anyone to seek proof of it. The attack on us will not be tolerated by Bharat. It will be avenged properly, and we did it today." – Devendra Fadnavis, Maharashtra Chief Minister
2025-05-07 09:05 GMT
IAF Dismantles Jaish-e-Mohammad’s Key Communication Hub in Pakistan
The Indian Air Force’s precision strikes on May 7 targeted Jaish-e-Mohammad's communication network in a primary health center in Tehra Kalan village, Sarjal, Pakistan. The site housed a high-frequency (HF) communication setup crucial for coordinating terrorist activities in Jammu and Kashmir. This strike, part of India’s ongoing operations, is seen as a significant blow to terrorist infiltration networks supported by Pakistan's military and intelligence agencies. The facility's destruction is expected to disrupt communication between terrorists and their handlers across the border.
2025-05-07 09:02 GMT
Modi Hails Indian Forces for 'Operation Sindoor' Strikes on Terror Camps
Prime Minister Narendra Modi on Wednesday praised the Indian armed forces for their targeted strikes on terror camps in Pakistan and Pakistan-Occupied Kashmir under 'Operation Sindoor'. Chairing a Union Cabinet meeting after the operation, Modi affirmed his government’s zero tolerance toward terrorism. Following Defence Minister Rajnath Singh’s briefing, the Cabinet unanimously supported the action. Modi also met with Defence Minister Rajnath Singh and NSA Ajit Doval to review the evolving situation. The strikes were in retaliation for the Pahalgam terror attack that killed 26 civilians.
2025-05-07 08:27 GMT
TRF Head Sheikh Sajjad Gul Identified as Mastermind Behind Pahalgam Terror Attack
Sheikh Sajjad Gul, a 50-year-old Kashmiri and leader of Lashkar-e-Taiba's proxy, The Resistance Front (TRF), has been identified as the mastermind behind the April 22 Pahalgam terror attack that killed 26 people, mostly tourists. Gul, based in Rawalpindi, Pakistan, has been linked to several terror activities, including grenade attacks and targeted killings in Kashmir. The National Investigation Agency (NIA) had designated him a terrorist in 2022 and issued a reward of Rs 10 lakh for his capture. The TRF claimed responsibility for the attack, where 25 tourists were killed at point-blank range. Gul has a history of involvement in terrorism, including prior convictions in India before relocating to Pakistan.