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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, including microfinance banks (MFBs), electronic money institutions (EMIs) and State Bank authorized payment service providers (PSPs) like 1Link and NIFT which may choose to take advantage of it. Currency and coins in circulation account for…
ContinueAdded by Riaz Haq on January 23, 2021 at 1:30pm — 60 Comments
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Pakistan's recent successful flight test of Fa'az, its indigenous air-to-air missile, has garnered significant international attention. What is its significance? First, it is a major breakthrough for its national defense industry, elevating Pakistan into an elite, relatively small group of nations possessing the complex engineering expertise required to build weapons capable of hunting fighter jets. Second, it enhances the country's self-reliance and makes it less vulnerable…
ContinuePosted by Riaz Haq on November 6, 2026 at 10:30am
Speaking at an event in the Indian Occupied Kashmir, veteran Kashmiri leader Farooq Abdullah has lauded Pakistan's support for Kashmiris' rights. “They (Indian leaders in Delhi) are silent today because there is noise in the world, and our neighbor (Pakistan) is constantly behind this. Everywhere they say, ‘the decision regarding Kashmir has not been made’. That is what is saving us. Otherwise, their intentions are not good", he said. He warned that Kashmiris risked losing their…
ContinuePosted by Riaz Haq on October 29, 2026 at 6:00pm — 1 Comment
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