PakAlumni Worldwide: The Global Social Network

Pakistan's central bankers have taken the plunge into the world of digital payments with their own offering: Raast. It aims to create an instant low-cost payment system that can seamlessly and securely connect government entities, a variety of banks and State Bank authorized private payment processors like 1Link and NIFT which may choose to take advantage of it.  Currency and coins in circulation account for about 43% of Pakistan's total money supply. The introduction of Raast is part of the…

On 14 February 2019, a terrorist attack near Pulwama in Kashmir killed 40 Indian soldiers. It has now come to light that Indian TV anchor Arnab Goswami had prior knowledge of it. He wrote in a WhatApp message to BARC TV rating company head Pratho Dasgupta on that day that his channel was “20 min ahead on the biggest terrorist attack of the year in Kashmir”. "This attack we have won like crazy", he added. Arnab Goswami has close ties to the nation's Hindu Nationalist Prime Minister Narendra…