Imran Khan warns of possibility of conventional war with India
Islamabad: Pakistan Prime Minister Imran Khan has said there was no question of talking to New Delhi after it revoked the special status of Jammu and Kashmir, as he warned about the possibility of a conventional war with India which could go beyond the subcontinent.
"So that's why we have approached the United Nations, we are approaching every international forum, that they must act right now," he said.
Khan said he "absolutely" believes war with India could be a possibility.
"...this is a potential disaster that would go way beyond the Indian subcontinent," Khan said.
He said that Pakistan would never start a war.
"I am a pacifist, I am anti-war, I believe that wars do not solve any problems," he told Al Jazeera.
"When two nuclear-armed countries fight, if they fight a conventional war, there is every possibility that it is going to end up into nuclear war. The unthinkable," he said.
"If say Pakistan, God forbid, we are fighting a conventional war, we are losing, and if a country is stuck between the choice: either you surrender or you fight 'till death for your freedom, I know Pakistanis will fight to death for their freedom," he said.
Tensions between India and Pakistan spiked after New Delhi abrogated provisions of Article 370 of the Constitution to withdraw Jammu and Kashmir's special status and bifurcated it into two Union Territories.
Pakistan downgraded its diplomatic relations with India and expelled the Indian high commissioner following the revocation of Article 370 in Jammu and Kashmir on August 5.
Khan claimed that Pakistan till recently had made attempts to open dialogue with India "to live as civilised neighbours, to resolve our difference [over Kashmir] ... through a political settlement".
He alleged that India tried to blacklist in FATF (Financial Action Task Force).
"If Pakistan is pushed into the blacklist of FATF that means there will be sanctions on Pakistan. So they were trying to bankrupt us economically, so that's when we pulled back. And that's when we realised that this government is on an agenda ... to push Pakistan to disaster," says Khan.
"There is no question of talking to the Indian government right now after they revoked this article 370 of their own constitution and they annexed Kashmir illegally against the UN Security Council resolution," Khan said.
Asserting that abrogation of Article 370 was its internal matter, India has strongly criticised Pakistan for making "irresponsible statements" and provocative anti-India rhetoric over issues internal to it.
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Rupee falls 5 paise to 90.22 against US dollar in early trade
Mumbai (PTI): The rupee weakened by 5 paise to 90.22 against the US dollar in early trade on Tuesday, amid a strengthening American currency, higher crude oil prices and incessant outflow of foreign funds.
An unprecedented geopolitical concern and global trade uncertainties have accelerated the dollar demand worldwide, adding strength to the greenback and putting pressure on the Indian currency, analysts said.
At the interbank foreign exchange, the rupee opened at 90.24 and gained slightly to trade at 90.22 against the greenback in early deals, registering a loss of 5 paise from its previous closing level.
On Monday, the rupee ended 1 paisa higher at 90.17 against the US dollar.
Meanwhile, the dollar index, which measures the strength of the greenback against a basket of six currencies, was trading 0.11 per cent higher at 98.73.
Brent crude, the global oil benchmark, was trading 0.28 per cent higher at USD 64.05 per barrel in futures trade.
Foreign institutional investors offloaded equities worth Rs 3,638.40 crore on Monday, according to exchange data.
On the domestic equity market front, the 30-share benchmark index Sensex rose 125.96 points or 0.15 per cent to 84,004.13, while the Nifty advanced 47.25 points or 0.18 per cent to 25,837.50.
Analysts attributed the buying trend in equities to the positive cues triggered by strong domestic macroeconomic numbers.
According to government data released on Monday, India's retail inflation rose to a three-month high of 1.33 per cent in December, mainly due to higher prices of food items, but remained below the Reserve Bank of India's lower tolerance level.
Also, the latest data from the Income Tax Department showed the government's net direct tax collection grew about 8.82 per cent to over Rs 18.38 lakh crore in the current fiscal till January 11 due to slower refunds and better corporate tax mop-up.
Net corporate tax collection grew 12.4 per cent to over Rs 8.63 lakh crore, and taxes from non-corporates, including individuals, rose 6.39 per cent to about Rs 9.30 lakh crore.
