Indian army chief in Kashmir as rising tensions with Pakistan spook markets

Indian army chief in Kashmir as rising tensions with Pakistan spook markets

India’s army chief will conduct a security review on Friday ( Apr 25 ) and travel to the site of a deadly attack earlier this week in Indian Kashmir amid concerns that there will increase tensions with neighboring Pakistan’s spooky markets.

Islamabad has denied any involvement in the assault, but India has claimed that were Muslim elements involved in it. In the attack, 26 people were shot in a pasture in the Pahalgam place by insurgents, and Islamabad has denied any involvement.

India and Pakistan have taken a number of measures against one another, including a crucial valley water-sharing agreement that has been abandoned, and Pakistan has also decided to close its airspace to Indian airlines.

General Upendra Dwivedi, the army chief of India, will explore Kashmir on Friday to examine security agreements and was likely to go to the site of the attack, according to an army source, a moment after Prime Minister Narendra Modi vowed to pursue the culprits to” the ends of the earth.”

Indian stock markets dropped on Friday, while the key metrics dropped by about 1 %, while the rupees dropped and the standard 10-year bond yield rose by 4 basis points.

The closing of Pakistani aircraft, which IndiGo and Air India claim, will have an impact on some of their international pathways, including to the United States and Europe, which will cause extended trip times&nbsp and/or diverts.