New Delhi, May 3 -- Following the deadly terrorist attack in Pahalgam, India is preparing to launch two strategic financial offensives against Pakistan aimed at choking its alleged support for cross-border terrorism, media reports.

According to sources, India is likely to renew efforts to have Pakistan re-listed on the Financial Action Task Force (FATF) grey list, reported India Today.

In addition, India plans to raise objections over the $7 billion assistance package granted to Pakistan by the International Monetary Fund (IMF), arguing that the funds may be diverted towards activities linked to terrorism, said the report.

Pakistan was earlier placed on the FATF's grey list in June 2018 and remained there until October 2022. A return t...