Summary:

• India carried out airstrikes on 9 "terrorist camp" locations in Pakistan

• Pakistan shot down at least 1 (up to 5) Indian Air Force fighter jets

• Heavy Artillery fire along the Line of Control

• Pakistan's army spox, Ahmed Sharif Chaudhry, has said at least eight people were killed and 35 injured.

And more developments from Peter Tchir of Academy Securities overnight:

• General Waddell from our GIG believes this suggests that unless Pakistan escalates through military actions, this operation is likely going to be India's full response to the recent terrorist attacks.

• India said it had launched the operation against Pakistan after gathering evidence "pointing towards the clear involvement of Pakistan-based terrorists" in last month's attack on civilians in Kashmir.

• Pakistan said that the Indian actions "will not go unanswered" and that it would respond at "a time and place of its own choosing."