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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 — 56 Comments
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Pakistan claims its air force (PAF) has destroyed India's high-value Russian-made S-400 air defense system (ADS) located at the Indian Air Force (IAF) Adampur air base. India has rejected this claim and posted pictures of Prime Minister Narendra Modi posing in front of its S-400 rocket launchers in Adampur. Meanwhile, there are reports that an Indian S-400 operator, named Rambabu Kumar Singh, was killed at about the time Pakistan claims to have hit it. Pakistan is believed to have targeted…
ContinuePakistan Air Force (PAF) pilots flying Chinese-made J10C fighter jets shot down at least two Indian Air Force's French-made Rafale jets in history's largest ever aerial battle involving over 100 combat aircraft on both sides, according to multiple media reports. India had 72 warplanes on the attack and Pakistan responded with 42 of its own, according to Pakistani military. The Indian government has not yet acknowledged its losses but senior French and US intelligence officials have …
ContinuePosted by Riaz Haq on May 9, 2025 at 11:00am — 32 Comments
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