Tensions rise between India and Pakistan following attacks. Swaminathan Aiyar reports escalating engagements, including strikes near Lahore, Rawalpindi, and Karachi. The Indian Navy is reportedly involved. Despite international calls for de-escalation, both sides ramp up actions. Washington anticipates restraint from these mature nuclear powers. A military solution is unlikely, with a political resolution expected. China’s support mitigates Pakistan’s financial concerns.
Rupee falls 14 paise to 92.42 against US dollar in early trade
The Indian rupee depreciated by 14 paise to trade at 92.42 against the US dollar on Tuesday, pressured by rising crude oil prices and consistent