True on all counts but one crucial story you're missing here. Current developments are as you say good for India, bad for the US and Pakistan true... but they're are even worse for Afghanistan and that's the real story here.
In terms of offensive moves, I agree. We can't even hint at such intents, nor do something as ill-conceived as testing (developing) an ICBM, as members have suggested.
But we do have some leverage and relevance. If 9/11 had not have happened, they would have happily kept us under sanctions ad infinitum. And now that they're occupying Afghanistan, we are relevant, yet rather ironically we cannot now wait for them to withdraw and help move us towards a final solution to the conflict in Afghanistan.
Here's what we have in our favour in my opinion:
- Afghan government is completely unsustainable but serves the function of a puppet quite nicely for the US.
- We're correct on the Afghan conflict, they're wrong. They're not winning and they know it. Eventually their attempts to keep this war going ad nauseam will have to come to an end or unravel before that.
- When the Taliban gains more power and as time goes on, only we will be able to facilitate a peace deal.
- We are still tacitly supporting their presence in Afghanistan, meaning we still have leverage. An occupation can quickly turn into a rout without an established and secure supply line, alternative supplies in Afghanistan are a fantasy.
- Heck, even their withdrawal will have to be through Pakistan and with agreements made with the Taliban to let them exist gracefully as was given to the Soviets and that too will be facilitated by us.
- China, Russia and other regional players see it our way and are now vocal about that. It's difficult to overestimate the importance of this to us.
Also, in terms of leverage and rate of change, our only leverage post 9/11 was their war in Afghanistan, which hasn't ended, hence our leverage is not set to diminish, yet their leverage over us has decreased and is set to diminish further. Right now I'm of a mind to applaud all aspects of Pakistan's leadership, current civilian government and the military leadership, they've handled the situation well if one takes all the developments seen so far at face value.