Escalating tensions between India and Pakistan have dealt a severe blow to the Indian economy, according to Reuters news agency reports. Indian investors have lost $83 billion in just two days as uncertainty grips financial markets.
The Indian stock market experienced a decline of 1.3 percent over the course of one week, reflecting growing concerns about regional stability and potential economic consequences of the diplomatic standoff.
Overall, Indian investors have suffered combined losses totaling $108 billion, Reuters reports, highlighting the significant economic costs associated with the ongoing tensions between the neighboring nuclear powers.
