कोशिश गोल्ड - मुक्त

India suspends Indus pact, scraps Pak visas over Valley terror attack

Business Standard

|

April 24, 2025

Shuts Attari border, downgrades diplomatic ties; all-party meet today

- ARCHIS MOHAN

India suspends Indus pact, scraps Pak visas over Valley terror attack

India on Wednesday evening suspended the Indus Waters Treaty and downgraded diplomatic ties with Pakistan, a day after 26 people—mostly tourists—were killed in a terrorist attack in Jammu & Kashmir's Pahalgam.

The government said the attack had "cross-border linkages" and announced it was putting the 1960 treaty in abeyance with immediate effect, pending Pakistan's "credible and irrevocable" renunciation of support for cross-border terrorism.

New Delhi also halted trade through the Attari border, expelled defence officials, who were declared persona non grata, from Pakistan's High Commission, and reduced diplomatic strength from 55 to 30, with just a week to leave the country. It also cancelled all visas granted to Pakistani nationals under the Saarc Visa Exemption Scheme, ordering their departure within 48 hours.

India's response, its severest in recent decades, came after Prime Minister Narendra Modi, who had landed in Delhi in the morning after cutting short his visit to Saudi Arabia, chaired a meeting of the Cabinet Committee on Security (CCS), which lasted for over two hours. Addressing a press briefing after the CCS concluded, India's foreign secretary, Vikram Misri, read out a statement that said that the cross-border linkages of the terrorist attack were brought out during the CCS meeting.

The CCS resolved that the perpetrators of the attacks would be brought to justice and their sponsors held to account, citing the example of 26/11 Mumbai terrorist attack accused Tahawwur Rana, who was recently extradited.

Business Standard से और कहानियाँ

Business Standard

Bharat Forge signs ₹300 cr contract under EP-VI norms for army, navy

Bharat Forge Limited (BFL) has secured defence contracts worth ₹3300 crore under the Emergency Procurement-VI (EP-VI) framework for supplying indigenous unmanned systems to the security forces.

time to read

1 min

January 17, 2026

Business Standard

Centre likely to adjust ₹968 cr withheld tax

Tax authorities are set to adjust around ₹967.52 crore withheld in connection with Tiger Global’s exit from Flipkart, following a Supreme Court ruling that asked the US-based investor to pay around 214,500 crore in taxes, according to senior Central Board of Direct Taxes (CBDT) officials.

time to read

2 mins

January 17, 2026

Business Standard

Pakistan se azaadi

Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles

time to read

5 mins

January 17, 2026

Business Standard

Foreign investors’ interest in GIFT City may increase

India’s International Financial Services Centre (IFSC) at GIFT City in Gujarat could see higher interest from foreign investors as they reassess offshore structures after the Supreme Court’s Tiger Global ruling.

time to read

2 mins

January 17, 2026

Business Standard

Best suited for first-time equity investors seeking broad market exposure

Flexicap funds saw the sharpest rise in assets under management (AUM) among equity-oriented schemes in 2025.

time to read

2 mins

January 17, 2026

Business Standard

Reliance Retail reports 9.2% jump in operational revenue

Reliance Retail Ventures Ltd (RRVL) on Friday reported a 2.1 per cent year-on-year rise in net profit at ₹3,558 crore for the third quarter of 2025-26 (FY26).

time to read

1 mins

January 17, 2026

Business Standard

EPFO may employ third-party agents to resolve member grievances, queries

The Employees’ Provident Fund Organisation (EPFO) is likely to empanel third-party agents to help resolve queries and grievances of members, said two officials aware of the matter.

time to read

2 mins

January 17, 2026

Business Standard

Here comes the Sun-dance

Two short films set in South India will premiere at the largest independent film festival in the US. The debutant directors talk about their first steps into filmmaking

time to read

4 mins

January 17, 2026

Business Standard

SAT sets aside Sebi order on Bombay Dyeing, promoters

The Securities Appellate Tribunal (SAT) has set aside the Securities and Exchange Board of India’s (Sebi’s) October 2022 order against Bombay Dyeing and Manufacturing Company (BDMCL), and its promoters Nusli Wadia and sons Ness and Jehangir.

time to read

1 min

January 17, 2026

Business Standard

Margin pressures drag down RIL’s profit to 4-qtr low

Retail, oil & gas divisions remain laggards

time to read

3 mins

January 17, 2026

Listen

Translate

Share

-
+

Change font size