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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 — 58 Comments
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The India AI Impact Summit 2026, held at Bharat Mandapam in New Delhi, has been marred by chaos, confusion and deception. The events on the ground have produced unintended media headlines for India's Prime Minister Narendra Modi who wants to be seen as the "vishwaguru" (teacher of the world) in the field of artificial intelligence as well. First, there was massive chaos on the opening day, with long…
ContinuePosted by Riaz Haq on February 19, 2026 at 12:00pm
Why did Pakistan's decision to boycott the India-Pakistan match in solidarity with Bangladesh in this year's T20 World Cup send shockwaves around the world? And why did it trigger the International Cricket Council's and other cricket boards' urgent efforts to persuade Pakistan to return to the match? The reason has a lot to do with its massive financial impact, estimated to be as much as …
ContinuePosted by Riaz Haq on February 11, 2026 at 4:00pm — 2 Comments
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