OPINION, P10 WELL BEING The Pahalgam payback FE LINES REAL DEAL ABOUT ‘FAKE’ MANGOES AI-lationships Despite a ban in place, calcium carbide is widely used for artificial ripening of fruits, posing many health risks to consumers. Know how to spot the adulteration and be safe this mango season Page 6 ACROSS THE AISLE, P CHIDAMBARAM GenZ's growing bonds with artificial intelligence raise many questions Page 9 WORDS WORTH Follow us on Twitter & Facebook. App available on App Store & Play Store WWW.FINANCIALEXPRESS.COM VOL XXIV NO. 28 NOT MUSIC TO THE EARS FINANCIAL EXPRESS ON SUNDAY NEW DELHI SUNDAY, MAY 11, 2025 18 Pages, `12 (Patna `12, Raipur `12, Srinagar `15) P U B L I S H E D F R O M : A H M E D A B A D , WHAT'S INSIDE B E N G A L U R U , C H A N D I G A R H , C H E N N A I , READ TO LEAD H Y D E R A B A D , K O C H I , WITH FIRING, DRONES ● ARMED FORCES TO Artists are using their works to encourage dialogues around critical issues ■ LEISURE, P7 STORIES FROM SUBCONTINENT This year, Cannes rolls out the red carpet for filmmakers from India and its neighbourhood L U C K N O W , DEAL WITH IT STRONGLY ● TRUMP CLAIMS CREDIT FOR BREAKTHROUGH SHUBHAJIT ROY/AGENCIES New Delhi, May 10 CONVERSATIONS ONCANVAS K O L K A T A , @realDonaldTrump PAKISTAN HAS VIOLATED the bilateralunderstandingreached this afternoon to immediately stop all firings and military actionsonland,airandsea,government sources said on Saturdaynight.Thiscamehoursafter India announced the understanding following four days of intense cross-border drone and missile strikes that brought the two countries teetering on the edge of full scale war. The sourcessaidfiringfromthePakistani side was reported in Akhnoor sector in Jammu and Kashmir.Droneswere also seen in the PirPanjal area. Multiple explosions were heard in Srinagar and Jammu followedbyablackout.J&Kchief ministerOmarAbdullah said in a post on social media: “What the hell just happened to the ceasefire? Explosions heard across Srinagar!!!” In another post, he said: “This is no ceasefire. The air defence units in the middle of Srinagar just opened up.” Cross-bordershellingandgunfire was also reported from at least five places along the Line of Control. There were imme- PM Narendra Modi during a meeting with senior ministers and defence officials on Saturday »INSIDE« OPPN SEEKS ALL-PARTY MEET PAGE 18 WORLD LEADERS HAIL CEASEFIRE PAGE 18 diatelynoreports ofcasualties. A complete blackout has beenenforcedinPathankotand Ferozepur in Punjab and Jaisalmer and Barmer in Rajasthan.Defencesourcessaid drones came in and firing occurredearlier,but“nofiringis happening along the Line of Control now”. Inalatenightpressbriefing, foreign secretaryVikram Misri said, “For the last few hours, there have been repeated violations of the ceasefire reached early this evening. This is a breach of the understanding reachedearliertoday.Thearmed forces are giving adequate and appropriate response.We take veryserious notice of theseviolations.WecalluponPakistanto take appropriate steps to address these violations. The armed forces have been given instructions to deal strongly with the situation.” Earlier in the day, 18 days after a deadly terror attack in Kashmir’sPahalgamprompted 7 killed,7 BSFmen among manyhurt in Pak shelling SEVEN PERSONSWEREkilled and seven BSF personnel were among several injured in mortar shelling and drone strikes byPakistani militarySaturday, even as debris of unidentified projectiles were found and a crater was formed in an agricultural field before the ceasefire was announced. ANI India to launch military strike againstPakistanleadingtofour days of fierce confrontation, the two nuclear-armed countries agreed to stop firing and military action from 5 pm Saturday, marking an end to hostilities. Announcing the ceasefire, foreign secretaryVikram Misri said at a media briefing Saturdayevening,“TheDirectorGeneral of Military Operations (DGMO) of Pakistan called the Director General of Military Operations of India at 1535 hours ISTearliertoday.” Continued on Page 2 After a long night of talks mediated by the United States, I am pleased to announce that India and Pakistan have agreed to a FULL AND IMMEDIATE CEASEFIRE. Congratulations to both Countries on using Common Sense and Great Intelligence. Thank you for your attention to this matter! ● No change in measures on Indus treaty, trade, visas PTI/REUTERS New Delhi/Karachi, May 10 THE GOVERNMENT DECIDED on Saturday that India will treat anyfuture act of terror on its soil as an"act of war" and respond accordingly, top official sources said in a warning to Pakistan that came ahead of the announcement of an understanding between the two countries to end the military action which started after the terrorist attack in Pahalgam. With this decision, the government has sought to draw a red line against terror incidents and makes clear that it will follow a similar military response as it has after the Pahalgam incident if terrorists linked to Pakistan BEHIND THE TRUCE between India and Pakistan after four days of hostilities, the first important sign was a call between US secretary of state and national security adviser Marco Rubio and Pakistan’s armychiefGeneralAsimMunir. Rubio,whospoketoMunir,said he “offered US assistance in starting constructive talks in orderto avoid future conflicts.” Whatmoved theneedle? PRESS TRUST OF INDIA Jammu/Pathankot, May 10 Monsoon to set in 5 days earlier than predicted THE SOUTHWEST monsoon is likely to hit the Kerala coast on May 27, five days earlier than the usual onset date of June 1, the IMD said on Saturday, reports Sandip Das. The forecast of early arrivals of monsoon comes with a model error of +/- 4 days. Typically, the monsoon, after onset over Kerala coast in early June, covers the entire country by July. A damaged house and vehicle in Jammu on Saturday ANI Continued on Page 2 Midcap, smallcap bloodbath on MIDCAPAND SMALLCAP shares have continued their underperformance as investors remain wary of buying these stocks due to higher valuations, economic uncertainties, and liquidity concerns. So far, inYTD 2025, the BSE Midcap and BSE Smallcap indices have declined by 9.33% and 15.29%, respectively. Compiled by Kishor Kadam Relative performance 105 Base: Dec 31, 2024 = 100 101.7 Sensex 100 101.5 Nifty 90.67 BSE Midcap 95 90 85 BSE 84.71 Smallcap 80 75 Dec 31, 2024 May 9, 2025 ■ PAGE 3 Windsor EV races past Nexon, Punch ● Outsells Tata’s 2 popular electric vehicles combined N E W D E L H I , P U N E Any future act of terror will be war against India: Govt SHUBHAJIT ROY New Delhi, May 10 Continued on Page 2 M U M B A I , Ceasefire announced, broken ● VIOLATION FROM PAK ■ SPOTLIGHT, P5 How Spotify cashed in on the many moods of listeners for profit Page 4 THE NEW EV CHAMPION 5,000 (in units) MG Windsor EV 4,000 VIKRAM CHAUDHARY New Delhi, May 10 1,000 Tata Nexon EV 2,000 0 3,677 23,918 3,000 THE ELECTRIC VEHICLE (EV) market haswitnessed a reshaping over the past eight months, with JSW MG Motor India’s Windsor EV dethroning Tata’s long-standing EV champions, Nexon and Punch. Since its launch on September 11 last year, Windsor EV has not only become the country’s best-selling electric carbut has also out- Total (Sept ’24Apr ’25) Tata Punch EV Sept 2024 performed the combined sales of both Tata Nexon EV and Punch EV. Wholesales industry data shows that Windsor EV sold 23,918 units since its debut.In comparison, Tata Motors sold 11,296 units of the Nexon EV and 9,563 units of the Punch EV during the same period, a combined total of 20,859 units. This puts Windsor EV 1,615 1,258 11,296 9,563 April 2025 ahead by nearly 3,000 units, marking a significant milestone in the rapidly evolving EV landscape. Continued on Page 2 New Delhi Pak opens its airspace PAKISTANANNOUNCED that it was opening its airspace for all kinds of traffic, shortly after the announcement of the ceasefire with India.“All airports in the country are available for normal flight operations. Passengers are requested to contact the relevant airline for the latest schedule of their flights,” the PakistanAirportsAuthority said.It also said Pakistan’s airspace has been fully restored for all types of flights. target India again. The government's decision formalises India's firm response to any future act of terror. Continued on Page 2