As tensions mount in the subcontinent following the April 22 Pahalgam terror attack, global credit rating agency Moody’s has issued a stern warning to Pakistan: escalating hostilities with India could carry massive economic consequences,

Moody's Rating warns that escalating tensions with India could negatively impact Pakistan's growth, fiscal stability, and macroeconomic situation. Pak

Pakistan carried out a second missile test in three days on Monday after saying it was preparing for an incursion by India, as Moody's warned that the standoff over violence in Kashmir could set back Islamabad's economic reforms.