Dollar bonds have handed investors a loss of nearly 4% this month, while equities are down almost 3%. Meanwhile, Indian assets are proving relatively immune for now with stocks and local bonds up this month.
Indian e-commerce products, electronics, precious gems, jewellery and gold reach Pakistani markets via countries like Sri Lanka, the United Arab Emirates and Singapore.
The page displayed two paragraphs in both Urdu and English. The message read, “You are hacked by Team Insane PK".
India has been maintaining that it desires normal neighbourly relations with Pakistan while insisting that the onus is on Islamabad to create an environment that is free of terror and hostility for such an engagement.
Author, peacebuilder and human-rights activist Rita Manchanda on the practical reasons to push for peace in the subcontinent
Although currently bilateral trade between India and Pakistan stands at a meagre USD 2.7 billion annually, there is hope that this could double in the next three-four years, reports CNBC-TV18's Rituparna Bhuyan.