Pakistan seeks loans over 'heavy losses', later claims account was hacked
Pakistan's government purportedly appealed to international partners for loans, citing significant losses after military strikes by India, according to a now-retracted Reuters report. The appeal, posted on the Economic Affairs Division's X account, urged de-escalation amid escalating conflict and a stock market crash. However, Reuters withdrew the story, stating the account was hacked.
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
Cross-Border escalation and retaliation
The Pakistan government on Thursday appealed to international partners, including the World Bank , for additional loans, reported Reuters. The appeal reportedly cited 'heavy losses inflicted by the enemy' following Indian military strikes on Wednesday.The message, posted by Pakistan's Economic Affairs Division on X (formerly Twitter), read: 'Govt of Pakistan appeals to International Partners for more loans after heavy losses inflicted by enemy. Amid escalating war and stocks crash, we urge international partners to help de-escalate. Nation urged to remain steadfast.'However, Reuters later withdrew the report, issuing an advisory that the story was incorrect and had been taken down. 'The story headlined 'Pakistan asks international partners for loans, citing heavy losses inflicted by enemy' is wrong and is withdrawn,' it said. The Ministry of Economic Affairs later clarified that its X account had been hacked, disowning the contents of the post.The now-debunked statement came just hours before a crucial meeting of the International Monetary Fund (IMF) board in Washington, where Pakistan's pending bailout package is under consideration. India 's Foreign Secretary Vikram Misri addressed the situation, stating that India's executive director at the IMF would present New Delhi's stance during the meeting. 'I'm sure that our executive director will put forward India's position,' Misri said during a press briefing. He also noted that Pakistan has a history of incomplete IMF bailouts, with many of the 24 packages previously sanctioned failing to reach a successful conclusion.Indian Army officials confirmed that the Pakistan Armed Forces launched multiple attacks across the Western border using drones and other munitions during the night of May 8–9. Additionally, Pakistani troops carried out numerous ceasefire violations (CFVs) along the Line of Control (LoC) in Jammu and Kashmir. The Indian Army stated that all drone attacks were effectively repulsed and that a 'befitting response' had been delivered.On Thursday night, Indian forces successfully neutralised Pakistani attempts to target military installations in Jammu, Pathankot, Udhampur, and other strategic locations.In a major retaliatory operation named ' Operation Sindoor ', India launched missile strikes early Wednesday targeting nine terror infrastructure sites across Pakistan and Pakistan-occupied Kashmir. These included the Jaish-e-Mohammad stronghold in Bahawalpur and Lashkar-e-Taiba's base in Muridke.The strikes were carried out in response to the Pahalgam terror attack, which resulted in the deaths of 26 civilians in Jammu and Kashmir two weeks ago.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
18 minutes ago
- Hindustan Times
Kashmir to Kanyakumari no longer just a slogan: LG
J&K lieutenant governor (LG) Manoj Sinha on Friday called inauguration of Kashmir rail project 'a momentous occasion that will go down in history'. In his address, Sinha expressed his heartfelt gratitude to the Prime Minister Narendra Modi for dedicating the historic railway projects to the people of Jammu Kashmir and the nation. 'Kashmir to Kanyakumari is no longer just a slogan. Prime Minister Narendra Modi has turned this decade-long dream into reality. He has connected the hearts of millions of Indians, forging an unbreakable bond from north to south. With Udhampur-Srinagar-Baramulla Rail Link (USBRL) and the launch of Vande Bharat trains to Kashmir valley, the Prime Minister has fulfilled the resolve of Sardar Vallabhbhai Patel and Syama Prasad Mukherjee, who had dreamt of Ek Bharat Shreshtha Bharat,' the LG said. He said that the world's tallest Chenab Railway Bridge and the country's first Cable-Stayed Anji Rail Bridge, inaugurated on Friday, ensures that J&K gets connected with new aspirations of progress. He said the skills of our engineers to build Chenab, Anji Bridge and hard work of our workers who carve through the mountains have eliminated the gaps that existed between the crown jewel of India and the rest of the country, the LG said. Sinha observed that the Prime Minister has changed J&K UT in the last 6 years. 'Its holistic development is top priority for the Prime Minister and his various policies, speedy implementation and industrialisation has brought the UT to the focal point of growth. Since April 2022, in the last three years, the PM has dedicated and laid the foundation stone of development projects worth over ₹1.15 lakh crore to the people of Jammu Kashmir,' the lieutenant governor said. He also expressed his gratitude to the PM for ensuring firm and decisive action against terrorism and its ecosystem. 'Operation Sindoor avenged the barbaric terrorist attack in Pahalgam, and has drawn a new red line. On one hand the unmatched power of our armed forces is ready to protect the integrity of the nation and the other creative power is dedicated to a developed India,' the LG said. In a major boost to last mile connectivity especially in border areas, the PM also laid the foundation stone and inaugurated various road projects. He laid the foundation stone of road widening project from Rafiabad to Kupwara on National Highway-701 and the construction of Shopian bypass road on NH-444 worth over ₹1,952 crore. He also inaugurated two flyover projects at Sangrama Junction on National Highway-1 in Srinagar and at Bemina Junction on National Highway-44. These projects will ease traffic congestion and enhance traffic flow for the commuters. The PM also laid the foundation stone of Shri Mata Vaishno Devi Institute of Medical Excellence in Katra worth over ₹350 crore. It will be the first medical college in Reasi district contributing substantially to the healthcare infrastructure in the region.
Time of India
20 minutes ago
- Time of India
Navy to induct first anti-submarine warfare shallow water craft 'Arnala' at Vizag on Jun 18
The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates advanced systems from leading Indian defence firms, including Bharat Electronics Limited (BEL), L&T, Mahindra Defence, and MEIL," a Navy spokesperson said. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo The commissioning of 'Arnala' will mark a transformative moment in India's naval capabilities, strengthening coastal defence and reaffiliate India's position as a self-reliant maritime power in the strategically vital Indian Ocean Region, he said. Designed for a range of ASW (anti-submarine warfare) operations, 'Arnala' is equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, the Navy spokesperson said. Live Events The 77-metre long warship, with a gross tonnage of over 1490 tonnes, is the largest Indian naval warship to be propelled by a diesel engine-waterjet combination, the Navy said. The event will mark the formal induction of the first of the sixteen anti-submarine warfare shallow water craft (ASW-SWC) class ships into the Indian Navy. The ceremony will be hosted by Vice Adm Rajesh Pendharkar, Flag Officer Commanding-in-Chief, Eastern Naval Command, and attended by senior naval officials, distinguished guests, and representatives from the shipbuilders and various other agencies associated with its construction. Designed and constructed by Garden Reach Shipbuilders & Engineers (GRSE), Kolkata, under a public-private partnership (PPP) with L&T Shipbuilders, 'Arnala' is a testament to the success of the 'Aatmanirbhar Bharat' initiative in defence manufacturing. Constructed under the guidance of the Directorate of Ship Production and the oversight of the Warship Overseeing Teams in Kolkata and Kattupalli, 'Arnala' was delivered to the Indian Navy on May 8, the Navy spokesperson said. The project has engaged over 55 Micro, Small, and Medium Enterprises (MSMEs), promoting domestic industry and generating related economic activity, he said. Named after the historic Arnala Fort off Vasai in Maharashtra, the warship reflects India's rich maritime heritage. Constructed in 1737 by the Marathas under the leadership of Chimaji Appa, the fort was strategically positioned to oversee the Vaitarna River's mouth, serving as a sentinel over the northern Konkan coast, the Navy said. "Much like the fort, which stood resiliently against various threats, the ship is designed to have a formidable presence at sea. Its robust construction and advanced capabilities ensure that it can withstand the challenges of the maritime domain, safeguarding India's waters from emerging threats," it said. The crest of 'Arnala' features a stylised auger shell set against a blue backdrop, with the ship's name inscribed in Devanagari script at the base. "The auger shell, known for its spiralled, reinforced structure and precision tip, symbolises resilience, vigilance, survival, and dominance in challenging environments, which mirrors the essence of the ship built to withstand the relentless forces of the ocean and undertake flawless anti-submarine operations with precise ordnance on target," the Navy said. The ship's armoured hull mirrors the fort's enduring stone walls, while its state-of-the-art weaponry and sensors replace the cannons that once defended against invaders. 'Arnala' embodies the strategic might and historical significance of its namesake, proving that while battlefields may change, the spirit of defence remains unwavering, whether on land or at sea, it said. Beneath the ship's crest, a ribbon gracefully unfurls, proudly displaying the ship's motto -- 'Arnave Shauryam', meaning 'Valour in the Ocean'. This inscription embodies the ship's unwavering courage, formidable strength and dominance over the vast seas. It serves as a constant inspiration for the crew, urging them to remain steadfast and fearless in the face of any challenge at sea, the Navy spokesperson said.
The Print
21 minutes ago
- The Print
India-Sri Lanka defence dialogue discusses enhancing maritime security
It was the first high-level meeting after India and Sri Lanka signed the first ever defence partnership on April 5. The deliberations took place at the Sri Lanka-India Defence Dialogue held in Colombo on Thursday. Colombo, Jun 6 (PTI) India and Sri Lanka explored ways to further expand their bilateral defence cooperation, especially in areas of maritime security, the island nation's defence ministry said. A statement from the Defence Ministry said that the Sri Lankan delegation was led by Defence Secretary Air Vice Marshal Sampath Thuyacontha (Retd), while the visiting Indian Defence Secretary Rajesh Kumar Singh led the Indian delegation. 'The high-level dialogue focused on strengthening bilateral defence cooperation, enhancing maritime security, and exploring new avenues for collaboration in training and strategic engagement,' the statement said. Senior officials from both sides participated in the discussions, reaffirming the longstanding defence partnership between Sri Lanka and India, it said. The Indian Defence Secretary also met the Deputy Minister of Defence, Major General Aruna Jayasekara (Retd) and Thuyacontha separately. On April 5, India and Sri Lanka signed the first-ever defence partnership agreement — firmed up during talks between visiting Prime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake — signalling a major boost the the bilateral defence ties nearly four decades after the Indian Peace Keeping Force's intervention in the island nation strained the relations. The agreement will institutionalise the existing military engagement and pave the way for more structured cooperation including potential collaboration in the defence industrial sector, Foreign Secretary Vikram Misri had said then. PTI NPK NPK NPK This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
