An attack on tourists in India's Himalayan territory of Kashmir this week sparked a new crisis between nuclear armed South Asian neighbours India and Pakistan, with New Delhi blaming militants with "cross-border linkages" for the killings.

Relations between India and Pakistan are cratering following a deadly militant attack in Indian-administered Kashmir that has sparked tit-for-tat reprisals and raised fears of another military escalation between the nuclear-armed rivals.

The nuclear-armed rivals, which both claim Kashmir and administer separate parts of it, are at a dangerous crossroad after Tuesday’s militant attack, analysts said.