The borders between India and Pakistan are tense with Indian army chief declaring that several pakistan targets have been smashed in an indication of increased border skirmishes between the two countries, with the International Court of Justice staying Pakistan miliatry court’s death sentence on Kulbhushan Jadhav.
“Punitive fire assaults are being undertaken across the line of control,” said Army spokesperson Major General Ashok Narula on Tuesday. “With the mercury rising and snow-melting in the valley, the chances of infiltration increase from the Pakistani side. The Army is all geared up to counter such threats,” he said.
Indian army said that the operations are essentially aimed at counter-terrorism operations to curb infiltration around the Kisan post in the Naugam sector. The cross-border clash lasted for 24 hours and left 7 people, including 3 soldiers, dead. The encounter took place on Saturday and ended on Sunday, informed Narula.
The impact is visible on Sensex with the stock markets witnessing 200 points decline on Tuesday, with many institutional investors pressing the sell button in panic. Ironic but Minister Arun Jaitley heads both the ministries of finance and defence.