India rupee, shares, bonds weaken after India says it 'neutralised' attempts to engage military targets

  • Posted on May 8, 2025
  • By Yahoo News
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India rupee, shares, bonds weaken after India says it 'neutralised' attempts to engage military targets

MUMBAI (Reuters) -The Indian rupee, equities and bonds dropped in late afternoon trading on Thursday after India said it "neutralised" attempts by Pakistan to "engage" several military targets in its northern and western regions on Wednesday night and early Thursday. Indian armed forces targeted air defence radars and systems at a number of locations in Pakistan on Thursday, the government said in a statement. Pakistan's military said that it had shot down 25 Indian drones.
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