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Digital payments

Digital payments experience a remarkable growth: SBP report

KARACHI: Digital payments have experienced a remarkable growth, capturing an impressive 84 percent market share...

Published 12 Oct, 2024 06:17am

Business & Finance

FBL partner with Mastercard and 1LINK to launch Shariah-compliant Co-Badged Debit Card

KARACHI: In a landmark move set to reshape the digital payments landscape in Pakistan, Faysal Bank Limited (FBL) has...

Published 01 Oct, 2024 06:49am

Business & Finance

‘Corporate Treasury in the Age of Digitalisation’: Citibank Pakistan holds insightful conference

KARACHI: Citibank Pakistan held an insightful conference titled “Corporate Treasury in the Age of...

Published 26 Sep, 2024 06:48am

Business & Finance

Visa aims for 10-fold rise in Pakistani use of digital payments

KARACHI: Visa plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the...

Updated 11 Sep, 2024 10:43pm

Business & Finance

PITB signs agreement with JazzCash to enhance digital payment scope

LAHORE: The Punjab Information Technology Board (PITB) has signed an agreement with JazzCash to enhance digital...

Published 03 Aug, 2024 06:46am

Business & Finance

PITB signs accord with Bookme

LAHORE: The Punjab Information Technology Board (PITB) and Bookme, an online ticket-booking platform, have signed an...

Published 01 Aug, 2024 06:06am

Reduced rate SST facility on restaurant not withdrawn: SRB

KARACHI: Sindh Revenue Board (SRB) has informed that the facility of reduced rate of Sindh Sales Tax (SST) on...

Updated 24 Jul, 2024 09:20am

Business & Finance

Meezan Bank and Haball sign referral arrangement agreement

KARACHI: Meezan Bank Limited (“Meezan”), Pakistan’s leading Islamic bank, announced that it has entered into a...

Published 22 Jul, 2024 05:39am

Business & Finance

Q3: 83pc of retail payments are digital transactions, says SBP

KARACHI: Pakistan’s payment system has been witnessing continuous and significant progress in the adoption of...

Updated 20 Jul, 2024 09:23am

Pakistan

Major IT outage disrupts banks, air lines, digital payments

ISLAMABAD: A faulty update from cyber security provider, CrowdStrike, caused a significant global IT outage,...

Published 20 Jul, 2024 05:34am

Business & Finance

Digital payments: Paysys Labs partners with Raqami

KARACHI: Raqami Islamic Digital Bank Pakistan, and Paysys Labs Pvt Ltd, a leading payment technology provider, have...

Published 13 Jul, 2024 06:13am

Pakistan

One Network and MasterCard partner for 10pc cash back on M-TAG top-ups

RAWALPINDI: One Network, a leading services provider of electronic toll collection on Pakistan’s Motorways, and...

Published 10 Jul, 2024 03:14am

Business & Finance

Digital payments at cattle markets: SBP enhances transaction limits

KARACHI: To facilitate digital payments at the cattle markets for the sale of sacrificial animals for the upcoming...

Published 31 May, 2024 06:58am

Business & Finance

More tax generation: CAP seeks adoption of digital payments in retail sector

LAHORE: The Chainstore Association of Pakistan (CAP) has called on authorities to prioritize the adoption of digital...

Published 03 May, 2024 06:29am

Editorials

Overcoming the digital divide

EDITORIAL: Recent years have seen much hype surrounding Pakistan’s purported digital revolution, with the emergence...

Published 27 Apr, 2024 05:03am

Markets

European stocks retreat on earnings gloom

PARIS: European stocks dropped on Thursday, hit by bleak earnings from consumer giant Nestle and Dutch digital...

Published 26 Apr, 2024 04:15am

Business & Finance

India’s Paytm banking unit to cut about 20% of staff as business halt looms

MUMBAI: Indian digital payments firm Paytm plans to cut close to 20% of staff at its banking unit amid uncertainty...

Published 14 Mar, 2024 05:03pm

Markets

KE & Visa forge partnership to power digital innovation

KARACHI: Pakistan’s digital payments ecosystem is gradually moving towards a cashless journey where the utility...

Published 06 Mar, 2024 04:18am

Technology

Management buyout: Saad Niazi takes charge as acting CEO of Keenu

Keenu, a leading player in digital payment services and an Electronic Money Institution (EMI), has announced...

Updated 16 Feb, 2024 09:32pm

Business & Finance

Digital payments: Faysal Bank and Total Parco sign agreement

ISLAMABAD: Faysal Bank Limited and Total Parco, signed an agreement for the provision of cashless transactions ...

Published 02 Feb, 2024 05:20am

Business & Finance

Digital stack to help enhance growth rate: Shamshad

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar Thursday said digital stack would help the country to...

Published 19 Jan, 2024 05:37am

Business & Finance

‘She’s Next’ programme: Visa, HBL announce names of 5 winners

KARACHI: Visa (NYSE: V), a world leader in digital payments, together with HBL, Pakistan’s leading bank on...

Published 18 Jan, 2024 05:54am

Business & Finance

RIDB, Euronet Pakistan to launch first ‘Islamic Digital Bank’

KARACHI: Raqami Islamic Digital Bank (RIDB) and Euronet Pakistan Pvt Ltd have entered into an agreement to promote...

Published 16 Jan, 2024 05:44am

Business & Finance

JS Bank reflects on the year of progress and growth

KARACHI: As the year 2024 begins, JS Bank, one of the fastest-growing banks in Pakistan, reflects on its journey of...

Published 04 Jan, 2024 05:41am

Banks’ retail transactions: Q1 share of digital payments soars to 80pc

KARACHI: The share of digital payments in retail transactions of the banking system increased to 80 percent during...

Updated 31 Dec, 2023 07:19pm

Business & Finance

Pakistan’s first: Bank Alfalah launches Digital Payments Sales, Service Centres

KARACHI: Bank Alfalah, one of the leading commercial and digital banks, inaugurated Pakistan’s first Digital...

Published 31 Dec, 2023 03:04am

‘Regulatory Sandbox’: SBP issues guidelines

KARACHI: The State Bank of Pakistan (SBP) has issued draft guidelines on Regulatory Sandbox for public consultation....

Updated 09 Dec, 2023 10:04am

Digital payments: SBP launches ‘Raast P2M’ service

KARACHI: The State Bank of Pakistan (SBP) has launched an interoperable Raast Person to Merchant (P2M) service to...

Updated 06 Dec, 2023 09:50am

Technology

Adoption of digital payments can boost GDP by 7pc: study

KARACHI: National adoption of digital payments in Pakistan by 2025 can boost gross domestic product (GDP) by 7...

Published 04 Oct, 2023 06:20am

Business & Finance

Digital banking services: KT Bank receives SBP approval

LAHORE: KT Bank, an under formation digital bank has received in-principle approval from the State Bank of Pakistan...

Published 27 Sep, 2023 06:08am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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