India, May 8 -- The Indian rupee weakened against the U.S. dollar in the European session on Thursday, as growing concerns over escalating India-Pakistan tensions curbed investors' appetite for risk.

In a calibrated and proportionate military response, the Indian Armed Forces this morning targeted air defense radars and systems at multiple locations inside Pakistan.

One of the significant targets - an air defense system positioned in Lahore - was successfully neutralized, according to a press release by PIB.

Defense sources said that the Indian Air Force deployed its S-400 Sudarshan Chakra air defense missile systems last night to engage targets approaching Indian airspace.

Also, Pakistan has increased the intensity of its unprovoked fi...