SRINAGAR, India: Indian and Pakistani soldiers exchanged gunfire and shelling along their highly militarized frontier in disputed Kashmir, killing an Indian border guard, officials said Thursday.
Authorities in the Indian-administered portion of Kashmir said Pakistani soldiers fired mortars and machine guns at border posts in the southern Jammu area on Wednesday night, calling it “unprovoked.”
India’s Border Security Force said in a statement that its soldiers “befittingly responded” and that one of its border guards was killed.
The fighting ended early Thursday.
There was no immediate comment from Pakistan. Each side often accuses the other of starting border skirmishes in the Himalayan region, which both claim in its entirety.
Last month, two Indian border guards and three civilians were injured in fighting along the fronter with Pakistan.
India and Pakistan have a long history of bitter relations over Kashmir. They have fought two of their three wars since 1947 over their competing claims to the region. In the Indian-administered portion of Kashmir, militants have fought against Indian rule since 1989. In 2003, the two nations agreed on a cease-fire that has largely held despite regular skirmishes.
The nuclear-armed countries’ contended frontier includes a 740-kilometer (460-mile) rugged and mountainous stretch called the Line of Control that is guarded by their armies.
Both countries also have separate paramilitary border forces guarding their somewhat defined, lower-altitude 200-kilometer (125-mile) boundary separating Indian-administered Kashmir and the Pakistani province of Punjab.
In 2021, the two nations reaffirmed their 2003 cease-fire accord after months of near-daily fighting that killed scores on both sides in Kashmir.
India, Pakistan border guards trade fire along Kashmir frontier; one Indian soldier killed
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India, Pakistan border guards trade fire along Kashmir frontier; one Indian soldier killed
- Both countries have fought two of their three wars since 1947 over their competing claims to the disputed region
- In 2021, the two nations reaffirmed their 2003 cease-fire accord after months of near-daily fighting that killed scores
Pakistan regulator says over 21,600 new companies registered in first half of FY26
- This reflects a 29 percent increase compared to the 16,839 companies that were registered during same period last year, says regulator
- These incorporations contributed $109.5 billion in paid-up capital, says Securities and Exchange Commission of Pakistan report
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) said this week it registered over 21,600 new companies in the first half of the current fiscal year, reflecting rising investor confidence and positive economic outlook in the country.
In a report issued on Jan. 6, the SECP said it registered 21,668 companies in the first six months of the current fiscal year, adding that these incorporations contributed Rs30.7 billion [$109.5 million] in paid-up capital.
The report said this represented a 29 percent increase compared to the 16,839 companies registered during the same period last year.
“Pakistan’s business landscape continues to demonstrate strong momentum, reflecting rising investor confidence and a positive economic outlook,” the SECP report said.
The SECP said the latest increase has brought the total number of registered companies in Pakistan to 279,724. It said the top ten sectors by incorporations were led by the IT & e-commerce, with 4,277 companies, followed by trading (2,997 companies), services (2,686 companies) and real estate (2,031 companies).
“This sectoral diversity highlights expanding entrepreneurial activity, particularly in technology-driven and service-oriented industries,” the report said.
The SECP said foreign investment also remained “robust” during the period, adding that 524 newly incorporated companies received foreign investment amounting to Rs1.26 billion [$4.5 million] with the participation from 731 foreign investors.
“China emerged as the leading source, accounting for 71 percent of total inflows,” the SECP said. “It was followed by Afghanistan (8 percent), the United States (2 percent), and the United Kingdom, Germany, South
Africa, South Korea, Norway, Vietnam, Nigeria, and Bangladesh, each contributing 1 percent,” it added.
The SECP said an additional 11 percent of the investment originated from other countries.
