After asking India to withdraw its envoy and downgrading diplomatic ties, Pakistani Foreign Minister Shah Mehmood Qureshi said the decision can be reviewed only if the Indian government reviews its decision on Jammu and Kashmir. Pakistan's railway minister has said that Samjhauta Express will be suspended, though India says that nothing like that has happened so far.

India has termed Pakistan's actions as unilateral measures aimed at putting an alarming position before the world. And Indian Defence Minister Rajnath Singh said that Indian forces are ready for all security challenges.

CNBC-TV18 spoke to Mateen Haider, political analyst, Gen. VP Malik, retired former chief of the army staff, Michael Kugelman, senior associate - South Asia at The Wilson Centre, and Vivek Katju, former secretary of MEA, to understand the road ahead for India-Pakistan relations which are at an all-time low.

Malik said, "A hint that has come from Pakistan is the release of Hafiz Saeed. He was released just a few days ago and he is the terrorist king as far as Pakistan is concerned. So, let me put out what kind of activities I anticipate from Pakistan. We could have more violence along the Line of Control initiated by Pakistan and we have to be careful. They may send more infiltrators, some hardened jihadi's into different areas of J&K."

According to Kugelman, the United States always get worried when tensions between India and Pakistan rise, because of concerns over South Asia stability. "I am sure the US would have preferred that India did not make the move that it did. However the US has had a consistent policy that remains in place right now that it will not want to get involved in the Kashmir issue," he observed.

Katju pointed out that Pakistan is trying to show the international community that things are getting bad in Kashmir and the international community should intervene. "Pakistan wants an international mediation effort on Kashmir. And the international community has consistently refused to do so. The swift rebuff given to US President Donald Trump's offer of mediation by New Delhi will be a complete dampener for anyone who wants to make this transition from engagement in crisis to mediation on Kashmir," he noted.