Given the history of India and Pakistan, it is easy to be sceptical about the chances of their latest peace initiative. So let's start with the positives.
For all the hand-wringing in India over getting sidelined by the United States in its regional strategy, the two countries have gone ahead and just completed an important deal on the reprocessing of spent nuclear fuel from reactors to be built in India.
With so much noise around these days in the relationship between India and Pakistan it is hard to make out a clear trend. Politicians and national media in both countries have reverted to trading accusations, whether it be about their nuclear arsenals, Pakistani action against Islamist militants blamed for last year's Mumbai attacks or alleged violations of a ceasefire on the Line of Control dividing Kashmir. Scan the headlines on a Google news search on India and Pakistan and you get the impression of a relationship fraught beyond repair.
China and India are sitting down for another round of talks this week on their unsettled border, a nearly 50-year festering row that in recent months seems to have gotten worse.
The unveiling of India's top secret nuclear-powered submarine, three decades after it was conceived, has been greeted with much tub-thumping.
Indian Prime Minister Manmohan Singh has staked his political reputation on talks with Pakistan, earning in equal measure both praise and contempt from a domestic audience still burned by last November's attack on Mumbai by Pakistan-based militants.
It has been a tense game of poker between India and Pakistan since the Mumbai attacks. On the face of it, India had the much stronger hand -- not least because it captured one of the attackers alive and got him to confess to being trained in Pakistan.
In the immediate aftermath of the Mumbai attacks, India's response has been to look to the United States to lean on Pakistan, which it blames for spawning Islamist militancy across the region, rather than launching any military retaliation of its own. So after U.S. Secretary of State Condoleeza Rice's trip to India and Pakistan last week, have the Americans done enough for now?
U.S. Secretary of State Condoleezza Rice has urged Pakistan to cooperate "fully and transparently" in investigations into the Mumbai attacks, while U.S. Director of National Intelligence Mike McConnell has pointed a finger at Lashkar-e-Taiba, the Pakistan-based Kashmiri militant group.