logo
Fresh LoC firing forces villagers in J-K's Akhnoor to relocate

Fresh LoC firing forces villagers in J-K's Akhnoor to relocate

India Gazette08-05-2025
Akhnoor (Jammu and Kashmir) [India], May 8 (ANI): Families living near the Line of Control (LoC) in the Akhnoor sector have been forced to leave their homes once again due to ongoing cross-border firing and to take shelter at safer places.
Ajit Singh, a resident of Palatnagarh village located just 200 metres from the Pakistan border, recalled past experiences. 'Bullets have hit our homes. In 2016, seven walls of my house were damaged. The government gave us 4.5 acres of land, and we built new homes with their help,' he said.
'When firing starts, people leave the village. Once it stops, they return to the farm. Even animals get scared,' he said.
Singh said they were recently advised to evacuate. 'Yesterday, we met the BLO. They told us to leave immediately. We walked until we saw a vehicle and spent the night here with our children,' he said, referring to their current temporary shelter.
He recalled being displaced during the Kargil war in 1999. 'We were sent to camps then. Later, we were told this place would be safe. Now, five or six families from my village stay here.'
Singh said more than 20 people, including six families, took shelter last night. 'It was cold at first but better now,' he added.
The local administration is monitoring the situation and has arranged for temporary relief for the displaced families.
Ministry of External Affairs (MEA) said that 13 civilians had lost their lives in Poonch while a total of 59 people, 44 of them in Poonch district of Jammu and Kashmir sustained injuries due to ceasefire violations by Pakistan along the Line of Control (LoC),
The intense shelling by the Pakistani army along the LoC came in retaliation for the May 7 'Operation Sindoor' in which India's armed forces targeted a total of nine terror camps in Pakistan and Pakistan-occupied Kashmir (PoK).
Pakistan has been resorting to unprovoked small arms ceasefire since the night of April 25-26.
After 'Operation Sindoor', the Pakistan Army continued its series of ceasefire violations by targeting civilian areas in the border areas of Jammu and Kashmir on Wednesday. Officials said the shelling caused panic among villagers and damaged several houses. Shelling by Pakistan damaged civilian infrastructure, shattered window panes and cracked walls.
Residents in border villages in Jammu and Kashmir's Rajouri returned to their homes on Thursday morning after they were forced to flee their homes in panic, seeking safety in the wake of the intense shelling by Pakistan.
According to the villagers who returned today, the shelling has caused significant damage to residential properties, with people fleeing the areas along with their whole families as well as livestock.
'We left our homes in fear, and so we fled in the night during the shelling. There were two buildings which got damaged. Two shells also fell on my house. So we fled from here. The whole village was deserted, and some people also took their livestock with them,' said Sailesh Kumar, a resident of a border village in Rajouri.
Meanwhile, the Indian Army have proportionately responded to the unprovoked small-arms and artillery guns firing by the Pakistani Army across the Line of Control (LoC) during the night of May 7 and May 8, as the Pakistan Army resorted to firing in areas opposite in Kupwara and Baramulla districts and Uri and Akhnoor sectors in Jammu and Kashmir.
The Indian Army is closely monitoring ceasefire violations by Pakistan. (ANI)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

PM Modi highlights govt's focus on generating jobs
PM Modi highlights govt's focus on generating jobs

Hans India

time26 minutes ago

  • Hans India

PM Modi highlights govt's focus on generating jobs

Prime Minister Narendra Modi on Saturday emphasised his government's focus on generating employment in the public and private sectors, asserting that the country has progressed in every field in the past 11 years. In a virtual address after the distribution of over 51,000 appointment letters, he said his government's welfare schemes, be it building over 4 crore houses for the poor, distributing over 10 crore new LPG connections or the rooftop solar programme, have created lakhs of new employment opportunities. Noting that over 25 crore people were lifted out of poverty in the past 10 years, the prime minister said it would not have happened but for the employment and sources of income generated for them. These poor people used to have a difficult living and feared death but became so strong that they defeated poverty, he added. Modi said his government's focus on boosting manufacturing has paid off, saying electronic manufacturing has risen over five times in 11 years and mobile manufacturing units number nearly 300 from two to four earlier. Defence manufacturing is being discussed proudly after Operation Sindoor, he said in an apparent reference to India's indigenous military capability shown during the conflict with Pakistan.

'Asim Munir has no such plans': Shehbaz Sharif denies military coup build-up in Pakistan
'Asim Munir has no such plans': Shehbaz Sharif denies military coup build-up in Pakistan

First Post

time28 minutes ago

  • First Post

'Asim Munir has no such plans': Shehbaz Sharif denies military coup build-up in Pakistan

PM Shehbaz Sharif claimed Field Marshal Asim Munir has never expressed any desire to become the president, dismissing rumours of a potential change in the country's leadership read more Pakistan's Prime Minister Shehbaz Sharif, along with Chief of the Army Staff (COAS) of Pakistan Asim Munir, reviews the parade at the passing out ceremony of 151st Long Course at the Pakistan Military Academy (PMA) Kakul, Abbottabad, Pakistan, April 26, 2025. Press Information Department of Pakistan via Reuters Pakistan's Prime Minister Shehbaz Sharif has responded to rumours about a possible change in leadership, rejecting claims that President Asif Ali Zardari might step down or that Army Chief Field Marshal Asim Munir is aiming to take over the presidency. He spoke about this on Saturday (July 12) while discussing the recent four-day clash between India and Pakistan, during which he said 55 Pakistani citizens lost their lives. 'Field Marshal Asim Munir has never expressed any desire to become the president, nor is there any such plan in the offing," he said in an interview with The News. STORY CONTINUES BELOW THIS AD Interior Minister Mohsin Naqvi also criticised what he called a 'malicious campaign' targeting Pakistan's civilian and military leaders. In a post on X, Naqvi suggested that foreign groups were behind the dissemination of these rumours and said the government knows who is responsible for pushing this narrative. Asim Munir, who became army chief in 2022, had his original three-year term extended by two years. However, he later promoted himself to the rank of field marshal after the conflict with Pakistan, signalling his intent to strengthen his grip on power. On a potential nuclear exchange with India Sharif also rejected suggestions that the recent conflict with India could lead to a nuclear exchange. He said Pakistan's nuclear weapons are meant only for peaceful purposes and self-defence, ' not for aggression'. When asked about the use of nuclear weapons, Sharif stressed, 'Pakistan's nuclear programme is solely for peaceful purposes and national defence, not for aggression.' The conflict began after a terror attack in Pahalgam on April 22, which killed 26 civilians. In response, India launched Operation Sindoor, targeting terror infrastructure in Pakistan and Pakistan-occupied Kashmir. On May 7, Indian forces carried out strikes on nine terror sites, including Bahawalpur, known as a stronghold of the Jaish-e-Mohammad terror group. These strikes were part of the retaliation for the Pahalgam attack.

Trump backs crypto, Pakistan embraces it. How long must India wait?
Trump backs crypto, Pakistan embraces it. How long must India wait?

Time of India

time33 minutes ago

  • Time of India

Trump backs crypto, Pakistan embraces it. How long must India wait?

A couple of weeks before the Pahalgam attack, something strange happened in Islamabad. Changpeng Zhao, the Chinese-born Canadian businessman and founder of Binance, the world's largest cryptocurrency exchange, agreed to be an advisor to the Pakistan Crypto Council (PCC) in early April. PCC, freshly minted in March, was cobbled together to create a framework for crypto in a country that had until then been notoriously suspicious of digital currencies. At the time, many wondered what Pakistan's motivation was in welcoming crypto, which officials maintained was a tool to attract foreign investment. In the subsequent months and during Operation Sindoor, it became clear that the move had a strategic angle as well. Pakistan, having signed up with World Liberty Financial (WLF), a crypto company linked to US President Donald Trump's family, was also using crypto to gain currency with the White House. That, along with carrots like a Nobel peace prize nomination for Trump , may have influenced the US's tepid pushback on Pakistan during the conflict. On July 9, Pakistan went all in with President Asif Ali Zardari signing an ordinance establishing the Pakistan Virtual Asset Regulatory Authority (PVARA), 'an autonomous federal body empowered to license, regulate and supervise entities dealing in virtual assets (VA)'. That is quite a move for a struggling economy desperate for bailouts from the International Monetary Front (IMF), but the reality is that Pakistan is not alone in embracing crypto. The US is racing to legitimise stablecoins—a type of cryptocurrency pegged to stable assets. Almost 98% of stablecoins are tied to the dollar. India 's neighbour Bhutan has quietly built bitcoin reserves worth $1.3 billion or roughly 40% of the country's gross domestic product (GDP), according to the Wall Street Journal . Countries like Russia, Iran and North Korea have been using it to conduct business, beyond the reach of the international sanctions regime. For countries with a clear agenda—from attracting investment, to sidestepping sanctions, or even currying favour with the world's elite—crypto is becoming a legit play. That has meant that from US to UAE, Singapore to Bhutan, countries have made crypto a part of their foreign and economic policy playbook. The big question: where is India in all of this? A CONSERVATIVE PLAY 'Why does the Centre not come out with a clearcut policy on regulating cryptocurrency?' The Supreme Court's pointed question to Additional Solicitor General Aishwarya Bhati during a May 19 hearing encapsulates India's prolonged struggle with digital assets. The bench, hearing a bail plea in an illegal bitcoin trade case, stated: 'There is a parallel under-market for it and it can affect the economy. By regulating the cryptocurrency, you can keep an eye on the trade.' This wasn't the first judicial nudge. In February 2022, the apex court had similarly pressed the central government to clarify whether cryptocurrency trading was legal in India. The repeated queries highlight a regulatory vacuum that continues to perplex the courts. India's crypto landscape remains in what experts describe as a 'state of flux' where lawsuits involving fraud get dismissed due to 'a lack of legal status for cryptocurrencies in India'. The Reserve Bank of India's concerns about financial stability continue to shape the government's cautious approach. The central bank fears that cryptocurrencies could undermine its control over money supply and pose risks to financial and monetary stability. This, even as the market regulator Securities and Exchange Board of India (Sebi) has reportedly recommended that several regulators oversee trade in cryptocurrencies. The Centre has to take a clear stance, backed by a well-defined policy vision, at a time when the technology is increasingly exploited by hostile actors. Currently, the regulatory framework consists of a flat 30% tax on capital gains and 1% tax deducted at source (TDS) on transactions above Rs 10,000, introduced in 2022. In March 2023, the finance ministry mandated all crypto exchanges operating in India to register with the Financial Intelligence Unit–India (FIU–IND). There have been news reports that India is reconsidering its stance amid growing global acceptance, but a promised discussion paper outlining policy framework options for crypto assets —scheduled for June—has still not been floated. Meanwhile, the use of virtual assets for terror financing has been 'overall on the increase', according to a report by the Financial Action Task Force (FATF), an intergovernmental body tracking financial crime, released this week. A country with a history of terror financing that can easily weaponise crypto against India is plunging headlong into it. How long must India wait? PAKISTAN'S PLANS Pakistan's strategy extends beyond partnerships, with the country exploring bitcoin mining using surplus energy to create a strategic bitcoin reserve. 'Crypto is becoming a channel for strategic financial flows for Pakistan,' says Anirudh Suri, MD, India Internet Fund. 'For countries like Pakistan, aligning crypto policy with US frameworks isn't just diplomacy, it's a transactional pipe to stay useful to America's geopolitical interests.' Suri points out that's not positive for India by any measure: 'India is trying to choke financial flows to terror groups via FATF and IMF diplomacy, and crypto could reopen that tap.' Subimal Bhattacharjee, an independent adviser and consultant on cybersecurity, defence and technology policy, warns of the implications: 'What are the impacts of rogue elements using it? How do we guard our people against that? The answer to everything is in a coherent and clear crypto policy. To put it simply, we have to make it a regulated entity.' Following the Pahalgam terror attack, India's FIU instructed crypto exchanges to closely monitor transactions, specifically from Jammu and Kashmir and other border regions. Exchanges were directed to scrutinise private wallets and private coins used for person-to-person transfers without blockchain visibility. Suri notes that there may be arms within Pakistan's government or military establishment that like open crypto channels—enabling a continued flow of funds. 'For a country like Pakistan, maintaining a fluid stance on crypto allows them to either attract financial flows or pursue other strategic objectives,' he says. BHUTAN MODEL While Pakistan's approach raises security concerns, Bhutan presents a different model. The Himalayan kingdom has been quietly mining bitcoin since 2020, using abundant hydropower, accumulating enormous reserves of it. The country is integrating crypto into tourism and its upcoming smart city project, and views Bitcoin not merely as a store of value but as a tool to diversify its economy. Aditya Gowdara Shivamurthy, an associate fellow with the strategic studies programme at the think tank Observer Research Foundation, says Bhutan's foray into bitcoin mining is driven largely by domestic economic necessity, to diversify beyond tourism and hydropower, and is meant to curb brain drain. Revenues from mining have already helped them shore up foreign reserves and fund public spending—including significant salary hikes for civil servants. While India recognises Bhutan's sovereign right to diversify its economy, there are worries, particularly around reduced hydropower exports, and imports of Chinese bitcoin mining equipment. Meanwhile, companies like Adani have shown interest in setting up data centres there, and how those moves unfold could shape the long-term relationship. GENIUS MOVES OF US The GENIUS (Guiding and Establishing National Innovation for US Stablecoins) Act—currently pending a vote in the US House of Representatives, expected in the week of July 14—aims to set a regulatory framework for stablecoins in the country. But there are plenty of worries. Notably, the US president made nearly $57.4 million in 2024 from his cryptocurrency company, World Liberty Financial, according to the latest disclosures. This is before Trump became president for the second time. The company has floated its own stablecoin, USD1. There are allegations that the GENIUS law would provide even more opportunities to reward buyers of Trump's coin with favours, including tariff exemptions, pardons and government appointments. A case in point — before the US president's visit to West Asia, MGX, a fund backed by Abu Dhabi, said it would make a $2 billion investment using USD1 into Binance, triggering allegations of conflict of interest. 'I wouldn't be surprised if other countries now try to exploit this pathway to gain access or soften the stance of the US administration. Under Trump, the line between strict adherence to global norms and personal or commercial interests appears to have blurred,' says Bhattacharjee. All of this should worry India. Observers believe US may leverage its influence within FATF to promote GENIUS, with all its loopholes, as the new global standard for crypto regulation. It is a move especially significant for Pakistan, a country previously flagged for terror financing, which could take a leaf out of the GENIUS law. WHAT INDIA SHOULD DO Ananya Kumar, deputy director for future of money at the GeoEconomics Center of Atlantic Council, says the biggest challenge going forward is fragmented regulation. 'Crypto doesn't really listen to borders. So it's not really a domestic problem, it's an international problem that everyone needs to come together on.' But clarity in policy in India would help resolve the current uncertainty, which often undermines consumer protection, and allows legit crypto entrepreneurs—many of whom have moved operations abroad, or shut down—to work within a well-defined framework. 'Virtual digital assets or crypto assets have not been defined outside of income tax and anti-money laundering laws in India. The lack of classification under foreign exchange laws, securities laws, payments laws and goods and services tax creates critical ambiguities. This leads to uncertainty for both businesses and consumers,' says Jaideep Reddy, partner at Trilegal. 'India needs regulation around the treatment of US dollar-denominated stablecoins, because it's also a concern of capital flight—money flowing into dollars instead of rupees,' says Kumar. 'India would likely want to create some sort of threshold.' As India's neighbours forge ahead with comprehensive crypto strategies, the question posed by the Supreme Court becomes increasingly pressing. The choice is no longer between embracing or rejecting crypto.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store