SRINAGAR, Indian-controlled Kashmir, May 2 (Xinhua) -- Troops of India and Pakistan Thursday exchanged heavy fire and targeted each other's positions on Line of Control (LoC), dividing Kashmir, Indian army officials said.

The two sides exchanged fire in frontier Poonch district, about 180 km southwest of Srinagar city, the summer capital of Indian-controlled Kashmir.

The exchange was going on until last reports poured in.

According to officials so far no loss of life was reported in the skirmishes on the Indian or Pakistani side.

Meanwhile, Indian authorities Thursday ordered closure of all schools falling in the jurisdiction of Kerni sector in the wake of the LoC firing.

The two countries are currently at loggerheads, with no considerable improvement in relations or resumption of bilateral talks.

Both New Delhi and Islamabad accuse each other of resorting to unprovoked firings and violating cease-fire agreements. And both sides maintain that their troops gave befitting reply.

LoC is a de facto border that divides Kashmir into India and Pakistan controlled parts.