India says it has launched strikes on Pakistan and Pakistan-administered Kashmir

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• 00:05

  Hello and welcome to Business Matters here on the BBC World Service with me, Rahul Tandon.

• 00:10

  We'll be looking at the main business news of the day and as always there's lots of it at the moment.

• 00:16

  In about 10 minutes time we've got Takara Small with us, National Technology.

• 00:20

  Columnist for CBC, Samuel Littlewood, founder and president of ACG Global Growth, delivered.

• 00:26

  But before that we've had in the last couple of hours big breaking news coming in from South Asia

• 00:31

  because India says...

• 00:32

  It's launched a series of missile strikes on targets in Pakistan and Pakistan-administered Kashmir in response to last month's militant attack in Indian-administered Kashmir,

• 00:43

  in which 26 civilians were killed.

• 00:45

  Pakistan media has reported a series of explosions in and around the city of Muzaffarabad,

• 00:50

  with power blackouts also reported in the area.

• 01:00

  India says it targeted terrorist infrastructure.

• 01:03

  It said no military facilities have been attacked.

• 01:05

  Pakistan has said there's been several casualties, latest numbers around seven,

• 01:09

  and claimed that their force had shot down three Indian jets and a drone.

• 01:13

  Shelling is going along much of the Indian-Pakistan ceasefire line in Kashmir.

• 01:19

  That is according to reports coming in from both sides.

• 01:22

  Let's take you to India and Pakistan.

• 01:24

  Firstly, here's our correspondent Samir Hussain in Delhi.

• 01:27

  Look, clearly, this is a very tense situation.

• 01:30

  Remember that we're talking about two nuclear-armed countries.

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