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India closes main border crossing with Pakistan after Kashmir attack

  • India closed its main border crossing with Pakistan and downgraded diplomatic ties after a militant attack killed 26 individuals in Kashmir, according to India's Foreign Secretary, Vikram Misri.
  • The attack, targeting tourists, was described as the worst in years and wounded 17 others, with India labeling it as terrorism supported by Pakistan, although Pakistan denies these allegations.
  • In response to the attack, India suspended the Indus Water Treaty and implemented a security crackdown in the region, including a manhunt for the assailants.
  • The KSE-100 index in Pakistan dropped significantly amid rising tensions with India, reflecting investor concerns over potential escalation after India's actions.
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The Economic Times broke the news in on Tuesday, April 22, 2025.
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