Prøve GULL - Gratis

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.

FLERE HISTORIER FRA Business Standard

Business Standard

From safe bets to sore spots — and maybe back again

2025 turned FMCG, IT, and pharma into market laggards. Yet with earnings stable and valuations cooling, their next move could surprise

time to read

2 mins

November 06, 2025

Business Standard

Business Standard

Brookfield Reit seals India's record office real estate deal

Brookfield India Real Estate Trust (Reit) has signed binding agreements to acquire Ecoworld, a Grade-A office campus spanning 7.7 million square feet (msf) in Bengaluru, for ₹13,125 crore.

time to read

2 mins

November 06, 2025

Business Standard

India-Japan partnership enhances stability in Indo-Pacific: Jaishankar

The India-Japan partnership enhances the strategic stability in the Indo-Pacific region and contributes to economic growth at the global level, External Affairs Minister S Jaishankar said on Wednesday.

time to read

1 min

November 06, 2025

Business Standard

MF equity buying in October lowest in 6 months

NET INFLOWS INTO ACTIVE EQUITY SCHEMES HAVE MODERATED SINCE HITTING AN ALL-TIME HIGH OF 342,702 CR IN JULY. IN SEPTEMBER, INVESTORS HAD PUT IN $30,422 CR

time to read

1 min

November 06, 2025

Business Standard

'India, US holding continuous talks for trade pact'

Commerce and Industry Minister Piyush Goyal on Wednesday said India and the US are holding continuous discussions for the proposed bilateral trade agreement.

time to read

1 min

November 06, 2025

Business Standard

Business Standard

'A titan of business and a true gentleman'

Iam deeply saddened by the passing of my dear friend Gopichand Hinduja.

time to read

3 mins

November 06, 2025

Business Standard

Business Standard

Cement, chemicals drive Grasim net profit up 76%

Grasim Industries on Wednesday reported a 76 per cent rise in consolidated profit in the September quarter (Q2 FY26) to%553 crore from the year before, driven by its cement and chemicals businesses making higher profits and traction for new-age segments.

time to read

1 mins

November 06, 2025

Business Standard

MF equity buying in Oct lowest in 6 mths

Experts attribute this to profit booking, elevated valuations

time to read

2 mins

November 06, 2025

Business Standard

Embassy Reit posts 15% increase in NOI

Embassy Office Parks Reit on Wednesday reported a 15 per cent increase in its net operating income (NOI) to ₹927 crore for the second quarter of this fiscal year.

time to read

1 min

November 06, 2025

Business Standard

Business Standard

Paytm bets on AI-led revenue growth, cost-efficiency

After helping rein in costs, Paytm’s artificial intelligence (AD)-led product focus is expected to further drive revenue growth, founder and chief executive officer (CEO) Vijay Shekhar Sharma said on Wednesday.

time to read

1 mins

November 06, 2025

Listen

Translate

Share

-
+

Change font size