India responded with "Operation Sindoor" on May 7, 2025, by sending missile and air strikes against nine targets in Pakistan and Pakistan-occupied Kashmir as terror targets. Pakistan denies 31 civilians were killed, as against the Indian denial that they had attacked only militant targets. Pakistan also asserts that it had shot down five Indian fighter jets, which the Indians have not conceded.
Retaliating, Pakistani Prime Minister Shehbaz Sharif characterized the attack as an "act of war" and promised to respond, calling for a military strike against India. Incensed shelling and firing along the Line of Control (LoC) have taken more lives. Pakistan has been reported to have started retaliatory mortar shelling, which took civilian lives in Indian-occupied Kashmir.
The diplomatic relations have critically worsened with the two countries having expelled ambassadors, suspended trade, and shut airspace. India suspended the Indus Waters Treaty, while Pakistan suspended the 1972 Simla Agreement. The global community urged restraint as it was fearful of war escalation among the two nuclear powers. The tensions continue with military troops standing on red alert stand-by and human rights groups fearing civilian casualty.


Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026
Goldman AM Sees Strong Buyout Opportunities in Japan, South Korea and Australia
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List
Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks 



