Pakistani officials have said Saturday’s ceasefire with India reestablished deterrence. But New Delhi insists the rules of engagement have irrevocably changed.

A ceasefire between India and Pakistan appeared to be holding on Sunday after four days of clashes that brought the two nuclear-armed nations close to a full-blown war.

India hit Pakistan with airstrikes deep into the country, killing dozens, but Pakistan shot down multiple Indian planes. India accused Pakistan of a drone attack near the Kashmiri line of control, which Pakistan denied;

NEW DELHI — India and Pakistan agreed to an immediate ceasefire on Saturday, halting days of clashes that killed dozens of people and pushed the nuclear-armed neighbors to the brink of war.

The Indian rupee is expected to appreciate past the 85 mark against the U.S. dollar at the open on Tuesday, supported by the India-Pakistan truce and a rally in the Chinese yuan on the back of the U.S.

While both countries' militaries are in communication, much-needed diplomatic dialogue is not on the cards. Read more at straitstimes.com. Read more at straitstimes.com.

The remarks come two days after India and Pakistan announced halting of military action from both sides, following the Indian DGMO being approached his Pakistani counterpart amid the intensifying conflict between the two nuclear-powered countries.