India and Pakistan Exchange Fire Across Line of Control After Pulwama Incident

A bomb attack on an Indian Army convoy near Pulwama, killing 11 soldiers, has triggered a sharp escalation between the nuclear-armed neighbors. India's military conducted what it called precision artillery responses at three Pakistani positions across the Line of Control. Pakistan said two soldiers were killed.

The US urged maximum restraint from both sides, while China called for dialogue and de-escalation. The UN Security Council scheduled an emergency closed session, Mumbai stocks fell 2.1%, and the Pakistani rupee hit a two-year low.