Versuchen GOLD - Frei

India takes out terror nests

Mint Mumbai

|

May 08, 2025

Security drills conducted across the country, surveillance raised; Market unfazed, economy chugs along

- Rhik Kundu & Subhash Narayan

India takes out terror nests

After smashing multiple terror targets in Pakistan overnight, India held civil defence drills, raised security at power plants and refineries, shut sensitive airports and girded up for potential cyberattacks, even as experts said the economy will weather any shock from the conflict unless there is a broader escalation.

The previous night, India conducted Operation Sindoor, a series of military strikes on nine terror camps in Pakistan and Pakistan-occupied Kashmir in retaliation for the 22 April Pahalgam attack, symbolizing justice for the victims' widows. Pakistan has termed the strikes an 'act of war'.

Key petroleum installations under enhanced protection include Reliance Industries Ltd's Jamnagar refineries, Nayara's Vadinar refinery in Gujarat, HPCL Mittal Ltd's Bathinda refinery in Punjab, and Vedanta Ltd's Barmer oil fields in Rajasthan.

"All security protocols are active, and both security agencies and refinery managements are prepared to thwart any attempt by hostile entities," a senior official said on the condition of anonymity.

A second official said refineries in Jamnagar and Panipat, secured by CISF, are under particularly stringent surveillance given their proximity to the border. "The Vadinar facility is especially sensitive as it is just kilometers away from the sea border. All emergency response protocols are in place," the official said.

The Indian markets shrugged off the conflict, which included the first attacks on Pakistan's populous Punjab province since the 1971 war. The Nifty opened only slightly lower, and clawed back most losses to close in the green. The National Stock Exchange (NSE) and BSE Ltd have temporarily restricted access to their websites for overseas users.

WEITERE GESCHICHTEN VON Mint Mumbai

Mint Mumbai

Ready for passive investing? Here is how to kick-start your portfolio

Experts say new passive investors should avoid sector or theme-based indices or factor-based strategies

time to read

4 mins

January 19, 2026

Mint Mumbai

Adani 8th in Wood Mackenzie ranking

India’s growing stature in global clean energy manufacturing received a boost with Adani Solar emerging as the only Indian company to feature in Wood Mackenzie's Global Solar Module Manufacturer Ranking for the first half of 2025.

time to read

1 min

January 19, 2026

Mint Mumbai

Edelweiss Life eyes breakeven in FY27

Edelweiss Life Insurance expects to grow in double digits over the next two-three years and hopes to achieve breakeven by fiscal year 2027 (FY27), managing director and chief executive officer (CEO) Sumit Rai said.

time to read

1 min

January 19, 2026

Mint Mumbai

Mint Mumbai

Fed turmoil is threatening dollar supremacy just as China pushes the yuan

Economists see a politicized central bank damaging confidence in the U.S. system

time to read

3 mins

January 19, 2026

Mint Mumbai

Mint Mumbai

Why our movies never show how Indians actually talk

In Scenes from a Situationship, an urban Indian film that has released on YouTube, a young couple drifts closer, losing their anonymities in companionship, liking, talking, bickering, making plans, making love, abusing, making up, taking it for granted that they are adored and still dissatisfied, as though they know what it is to be satisfied.

time to read

4 mins

January 19, 2026

Mint Mumbai

Mint Mumbai

'Rationalize duty on imported luxury cars'

A rationalization of customs duties on imported luxury cars would help stimulate demand in the premium segment, leading to higher overall tax revenue for the government, according to Mercedes-Benz India managing director (MD) and chief executive office (CEO) Santosh Iyer.

time to read

1 min

January 19, 2026

Mint Mumbai

Slippery tax slope

Last week's Supreme Court judgement holding Tiger Global liable for paying tax on capital gains made on its 2018 sale to Walmart of its stake in Flipkart held through entities in Mauritius might have opened a Pandora's box.

time to read

1 min

January 19, 2026

Mint Mumbai

U.S. blockade shuts off China, Cuba from Venezuelan oil

On New Year’s Day, an oil tanker partially filled with sanctioned crude slipped out of Venezuela’s main export terminal and sailed toward Iran.

time to read

3 mins

January 19, 2026

Mint Mumbai

Mint Mumbai

Taxis drive rise in car bookings

Carmakers are looking to launch and double down on vehicles which are specifically catered to the taxi segment

time to read

3 mins

January 19, 2026

Mint Mumbai

Mint Mumbai

Brokers push to raise commodity market liquidity

Earlier this month, Sebi had allowed MSEI to offer market making in 130 stocks.

time to read

1 mins

January 19, 2026

Listen

Translate

Share

-
+

Change font size