Poging GOUD - Vrij
India takes out terror nests
Mint Mumbai
|May 08, 2025
Security drills conducted across the country, surveillance raised; Market unfazed, economy chugs along
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.
Dit verhaal komt uit de May 08, 2025-editie van Mint Mumbai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Mumbai
Mint Mumbai
Job applicants are winning the Al arms race against recruiters
Many hundred recruiters would have greeted the release of ChatGPT with glee.
2 mins
January 17, 2026
Mint Mumbai
Sebi floats reforms to ease FPI fund settlement, KYC
Acting on market feedback, the Securities and Exchange Board of India (Sebi) released a consultation paper on Friday that proposes to allow foreign portfolio investors (FPIs) to net funds, a move aimed at easing settlement rules to lower funding costs and address operational inefficiencies.
3 mins
January 17, 2026
Mint Mumbai
Govt plans to reopen Tiger Global tax case, but treads with caution
Armed with a favourable Supreme Court decision, India’s tax authority plans to proceed with caution while reopening assessment against Tiger Global Management LLC's 2018 stake sale in Flipkart Pvt., respecting the company’s right to appeal, according to two officials familiar with the matter.
2 mins
January 17, 2026
Mint Mumbai
IT's Big Five face $500 mn labour code hit to profit
India's new labour codes eroded the profits of India's five largest information technology (IT) services companies in the December quarter as they recorded ₹4,645 crore ($500 million) in upfront costs as higher contributions to employees' retirement benefits.
2 mins
January 17, 2026
Mint Mumbai
Shark Tank alumni's fame doesn't guarantee success
When a startup walks into Shark Tank India, the cheque is often the smallest part of the prize.
4 mins
January 17, 2026
Mint Mumbai
Reliance’s oil & gas slump drags down Q3 earnings
Profit up just 2% in December quarter despite improved results of other verticals
3 mins
January 17, 2026
Mint Mumbai
24 hours at the Kochi-Muziris Biennale
What to see if you have just a day, or even a few hours, at the ongoing Kochi Biennale, which is on at 22 venues
4 mins
January 17, 2026
Mint Mumbai
The uncommon self-confidence of Annie Besant
Despite the criticism heaped on her, Besant learned to be ruthless in putting her interest first, refusing to be led by men
6 mins
January 17, 2026
Mint Mumbai
Will Manish Mehrotra bring Delhi's crown back?
The chef opens Nisaba in the Humayun’s Tomb Museum Complex this weekend, signalling the Capital's place as a dining destination
4 mins
January 17, 2026
Mint Mumbai
The language of flower emojis
Physical flowers are a too-grand gesture IRL, but flower emojis have taken over texts as hearts seem too demonstrative
4 mins
January 17, 2026
Listen
Translate
Change font size
