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Pakistan's prime minister promised on Thursday to release a captured Indian jet fighter pilot the following day in an effort to defuse the tense confrontation between the two nuclear-armed nations over the disputed region of Kashmir. "Can we afford miscalculation given the weapons you have and we have?", Mr Khan asked India.

The Kashmir border crisis between the two countries recently resulted in both countries claiming to have shot down each other's jets and an Indian pilot being captured by Pakistan.

India's airforce confirmed that the captured pilot will return to India on Saturday, but refused to praise Pakistan, describing it as merely "following Geneva conventions".

India's statement comes as the USA urged India and Pakistan to refrain from further military action as worldwide pressure builds on the long-standing rivals to de-escalate the most serious flare-up in decades that's seen fighter jets from both nations shot down. Indian Prime Minister Narendra Modi promises a "strong response".

It is pertinent to mention here that the video of so called "cross border strike", being played by Indian media is an attempt to make its people fool as it has been available on YouTube since September 23, 2016.

World powers have called on the countries to de-escalate the tensions gripping the contested region since a February 14 suicide bombing killed over 40 Indian paramilitary troops in Indian-controlled Kashmir. "We try to keep up the morale, but it's hard", said student Sara Bjerregaard Larsen, adding that many were in tears. The capture of the pilot temporarily moved the focus of the narrative from terrorism, which was the reason for India conducting the strikes on February 26.

Just weeks before general elections are due in India, the head of Modi's party in India's Karnataka state, B.S. Yeddyurappa, said India's pre-dawn airstrikes in Pakistan on Tuesday would help the party at the polls.

Khan did not say how India responded to his initiative.

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"Pakistan wants peace, but it should not be treated as our weakness", Khan said "The region will prosper if there is peace and stability".

An Indian Border Security Force soldier stands at a fence on the India-Pakistan border, near Amritsar.

The Indian Air Force pilot, identified as Wing Commander Abhinandan, had been reported "missing in action" by Indian officials.

While the world waits with bated breath over the current rising action in the Azad Jammu and Kashmir regions of India and Pakistan, Malaysia's foreign offices have issued warnings for all of the country's citizens to leave the region with immediate effect.

Tensions between the archrivals escalated after a suicide attack in Indian-administered Kashmir killed at least 42 Indian soldiers.

Several airlines, including Emirates and Qatar Airways, suspended flights to Pakistan and others, such as Singapore Airlines and British Airways, were forced to reroute flights.

According to reports, Pakistani-based militant group Jaish-e-Mohammed claimed responsibility for the attack. New Delhi said "a very large number of terrorists" were killed.