Versuchen GOLD - Frei

Escalating Indo-Pak tensions

Financial Express Lucknow

|

May 07, 2025

There is a need for dialogue and diplomacy and keeping off-ramps open to enable the neighbours to pull back from the brink of going to war

- N CHANDRA MOHAN

THERE IS A feeling of déjà vu around the steady drumbeat for retribution following the dastardly cross-border terrorist attack near Pahalgam in Kashmir on April 22. In 2016 and 2019, too, there was a similar clamour after the Uri attacks and suicide bombing of 40 Indian paramilitary soldiers in Pulwama. What followed was a surgical strike by the Indian army's commandos on terrorist launch pads in Pakistan Occupied Kashmir and air strikes in Balakot in Pakistan. This time, however, is different as dark clouds are gathering with the armies of both nations on high alert.

The dangerous stand-off between two nuclear-armed countries has set off alarms internationally with calls for restraint as any miscalculation could lead to a war.

There is no doubt that India will retaliate at a time of its choosing with Prime Minister Narendra Modi giving full operational freedom to the armed forces in this regard. The surprise element for cross-border surgical strikes, however, may have passed as Pakistan is fully prepared. A calibrated response is inevitable as there are kinetic options below the threshold of an all-out conflict. Despite "unprovoked violations" of the ceasefire agreement along the line of control, the Indian army has shown restraint so far and has even warned Pakistan's army. Covert retaliation appears to be the most efficacious option as "war is not an option...it is not just the last option but the last bad option" as rightly argued by the former chief of Research and Analysis Wing, AS Dulat.

WEITERE GESCHICHTEN VON Financial Express Lucknow

Financial Express Lucknow

Printing of Budget stays in North Block

THE BUDGET PRESS at the now vacated premises of North Block will be used to print the upcoming Budget,’ the official said.

time to read

2 mins

January 15, 2026

Financial Express Lucknow

IOB profit jumps 56%, asset quality improves

Domestic NIM to be maintained at 3.3-3.4% range

time to read

1 mins

January 15, 2026

Financial Express Lucknow

Auto gears sector posts 6.8% growth in H1FY26

THE DOMESTIC AUTO component industry grew 6.8% year-on-year to $41.2 billion during the April-September period of FY26, according to industry body Automotive Component Manufacturers Association of India (ACMA).

time to read

1 mins

January 15, 2026

Financial Express Lucknow

BofA tops estimates as lending revenue rises, trading beats

BANK OF AMERICA Corp.’s equity traders posted their best fourth quarter ever as the company reaped the benefits of volatile markets and net interest income topped analysts’ estimates.

time to read

1 mins

January 15, 2026

Financial Express Lucknow

Economic confrontation replaces armed conflict as top risk in 2026

ECONOMIC CONFRONTATION BETWEEN nations and its consequences topped the World Economic Forum’s (WEF) annual risks perception survey released on Wednesday, replacing armed conflict as the number one concern of 1,300-plus experts surveyed worldwide.

time to read

1 mins

January 15, 2026

Financial Express Lucknow

Kashi-Tamil Sangamam and a tribute to Ek Bharat, Shreshtha Bharat

A FEW DAYS ago, I was at the sacred land of Somnath to be part of the Somnath Swabhiman Parv, marking a thousand years since the first attack on Somnath, which took place in 1026.

time to read

4 mins

January 15, 2026

Financial Express Lucknow

Q-commerce: 10-minute tag goes, sprint remains

THE MOVE HAS also raised questions around existing merchandise.

time to read

1 min

January 15, 2026

Financial Express Lucknow

China trade surplus hits record $1.2 trn in 2025

6.6% GAIN IN DECEMBER THE QUICKEST IN THREE MONTHS

time to read

1 mins

January 15, 2026

Financial Express Lucknow

SMBC gets RBI approval for wholly owned arm

Stage set for a potential integration with Yes Bank

time to read

2 mins

January 15, 2026

Financial Express Lucknow

MF industry seeks parity in tax for debt schemes

THE MUTUAL FUND industry is seeking the same tax status for debt schemes as it exists for equities in the upcoming Budget.

time to read

3 mins

January 15, 2026

Listen

Translate

Share

-
+

Change font size