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DIGITAL PAYMENTS PAKISTAN
Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- Udaan’s pre-IPO top-up; Tata’s Assam chip hub test runHappy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.
- Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
- Pakistan eyes PKR 100 bn defence hike in IMF-linked budgetPakistan is set to boost its defense budget by approximately PKR 100 billion. This move aligns with an International Monetary Fund program....
- US warns shipping firms over paying Iran to transit the Strait of HormuzAmerica warns ships against paying Iran for safe passage in the Strait of Hormuz. Iran has been charging fees for detours. The US has also ...
- US Treasury warns shippers not to pay Hormuz tolls, even in form of charityU.S. Treasury warns shippers paying tolls or making charitable donations to Iran for passage through the Strait of Hormuz risk sanctions. T...
- Dubai Residential Visa: You no longer need minimum 7.5 lakh Dirhams to buy a property, Dubai Land Department makes Visa rules easierDubai has removed the minimum property purchase value for sole owners seeking a two-year real estate investor residency visa. For jointly o...
- US freezes $344 mn in cryptocurrency linked to Iran: Treasury chiefAmerica has frozen 344 million dollars in cryptocurrency assets. These funds are linked to Iran. This action aims to increase pressure on T...
- Cook, plumber, painter, stock trader: Unusual 'career path' of oldest Lashkar terroristA major Lashkar-e-Taiba module has been busted in Srinagar. The operation led to the arrest of five individuals, including a Pakistani nati...
- Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infraRecent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global ...
- How Iran is using bitcoin as gate pass for HormuzIran is considering digital currency payments, potentially Bitcoin or stablecoins, for vessels transiting the Strait of Hormuz as a sanctio...
- Delhi Police warns ISI spreading network in India, nabs 11 for installing CCTV cameras at sensitive military locationsDelhi Police busted an inter-state terror, arms, and espionage module backed by Pakistan's ISI. The operation uncovered a solar-powered CCT...
- Iran’s sanctions-busting crypto ambitions grow on toll paymentsIran proposes digital currency for Strait of Hormuz passage tolls. This move highlights a significant sanctions-evasion network. While legi...
- UAE draws up economic shield plan to counter Iran war falloutThe United Arab Emirates is preparing a contingency economic plan. This plan aims to protect the economy from disruption and boost long-ter...
- India, Pakistan, others tell WTO to facilitate cross-border remittance transfers fairlyIndia, Pakistan, Morocco, and the Africa Group urged WTO members to commit to a fair and low-cost international financial system for cross-...
- Pakistan to partner with firm connected to Trump family's main crypto businessPakistan has signed a memorandum of understanding with SC Financial Technologies, an entity linked to World Liberty Financial, the crypto b...
- Pakistan protests: Point-of-sale payments slump nearly 50% amid violenceThe reason for the slump was primarily the mobile broadband suspension, in addition to lower footfall at the limited number of stores opene...
- Pakistan’s fintech startup TAG gets funding at $100 million valuationFintech startup TAG Innovation has received $12 million from investors including New York-based Liberty City Ventures and Canaan Partners t...
- India had highest number of first-time internet users between 2012-15: UNCTADProjecting trends of the future, the report said people doing online transactions will shift from traditional debit and credit cards to new...
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