Search

India has more to lose in war with Pakistan: NYT

07:28 PM | 20 Aug, 2015
India has more to lose in war with Pakistan: NYT
NEW YORK (Online) - India has more to lose than Pakistan if the two nuclear-armed neighbours go to war once again, The New York Times editorial board wrote.

“India, which is considerably stronger and more successful than Pakistan, has the most to lose if another war erupts,” the editorial read.

The paper recognising Kashmir as “a dangerous flash point” between India and Pakistan stressed the need for restraint in the wake of escalating cross-border tensions as both countries continue to exchange fire along the Line of Control (LoC).

yy5

“Cross-border violence has surged in recent months, raising new fears that the attacks could spiral out of control and set off another war between the two nuclear-armed adversaries,” the editorial read.

In the last week alone, Pakistan and India have traded heavy gunfire and mortars almost daily across the LoC.

Read more: Pak army destroy Indian check post in response to aggression along LoC

Pakistan on Monday summoned the Indian deputy high commissioner to the Foreign Office for the third time in a week to convey Islamabad’s deep concerns over unabated ceasefire violations by Indian troops along the LoC that divides the disputed Himalayan state of Jammu and Kashmir.

Read more: Pakistan to raise all issues with India including Kashmir: FO

“Each side blames the other. Experts say Pakistan has been testing Prime Minister Narendra Modi, who, in a break with his predecessor, has vowed not to ignore attacks by militants on Indian targets. On July 27, gunmen dressed in military fatigues attacked an Indian police station near the border with Pakistan and at least nine people were killed,” it added. India blamed Pakistan for involvement in the attack, a claim Pakistan vehemently denied.

yy1

“Mr Modi’s wish to strike back is understandable after many years of Indian restraint. But in a sign of heightened concern over Kashmir, the United States and United Nations Secretary General Ban Ki-moon have urged India and Pakistan to exercise restraint and solve their differences through dialogue,” the editorial said.

yy3

However, it added both the countries will have a chance to resolve their differences through dialogue when national security advisers of Pakistan and India meet this month on August 23.

 

Advertisement

Rupee recovers marginally against US dollar, Euro, Pound, Dirham and Riyal; check forex rates

Pakistani rupee saw marginal improvement against US dollar as it appreciated in the open bank market.

Dollar Rate in Pakistan Today

On Thursday, the US dollar moved up and was being quoted at 285.3 for buying and 288.15 for selling.

Euro moves down to 311 for buying and 314 for selling. British Pound rate stands at 358.5 for buying, and 361.5 for selling.

UAE Dirham AED stands at 78 whereas the Saudi Riyal rate stands at 76.20.

Today's currency exchange rates in Pakistan - 30 November 2023

Currency Symbol Buying Selling
US Dollar ‎USD 285.3 288.15
Euro EUR 311 314
UK Pound Sterling GBP 358.5 361.5
U.A.E Dirham AED 78 78.7
Saudi Riyal SAR 76.2 77
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 759.67 767.67
Canadian Dollar CAD 209 211
China Yuan CNY 39.58 39.98
Danish Krone DKK 41.38 41.78
Hong Kong Dollar HKD 36.63 36.98
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.7 935.7
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 741.26 749.26
Qatari Riyal ‎QAR 77.63 78.33
Singapore Dollar SGD 211 213
Swedish Korona SEK 26.93 27.23
Swiss Franc CHF 325.9 328.4
Thai Bhat THB 8.23 8.38

Gold rates in Pakistan increase; Check today’s gold rates 30 November 2023

KARACHI – The gold price continues to climb up in the local market in line of upward trend in international market.

Gold Rates in Pakistan Today - 30 November 2023

On Thursday, the single tola of 24 Karat gold was available at Rs218,600, and the price for 10-gram gold reached Rs187,420.

Meanwhile, the 22 Karat Gold price stands at Rs200,380, 21 karat rate for each tola is Rs191,275 and 18k gold rate hoveres around Rs163,950.

In international market, the price of precious metal hovers around $2,045 per ounce.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 218,600 PKR 2,675
Karachi PKR 218,600 PKR 2,675
Islamabad PKR 218,600 PKR 2,675
Peshawar PKR 218,600 PKR 2,675
Quetta PKR 218,600 PKR 2,675
Sialkot PKR 218,600 PKR 2,675
Attock PKR 218,600 PKR 2,675
Gujranwala PKR 218,600 PKR 2,675
Jehlum PKR 218,600 PKR 2,675
Multan PKR 218,600 PKR 2,675
Bahawalpur PKR 218,600 PKR 2,675
Gujrat PKR 218,600 PKR 2,675
Nawabshah PKR 218,600 PKR 2,675
Chakwal PKR 218,600 PKR 2,675
Hyderabad PKR 218,600 PKR 2,675
Nowshehra PKR 218,600 PKR 2,675
Sargodha PKR 218,600 PKR 2,675
Faisalabad PKR 218,600 PKR 2,675
Mirpur PKR 218,600 PKR 2,675

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter