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Digital payments

Digital payments upgradation: SBP to launch ‘PRISM+’

KARACHI: The State Bank of Pakistan (SBP), under its Vision 2028, has announced the launch of the Pakistan Real-Time...

Updated 12 Jun, 2025 09:38am

Budget 2025-26

Banks to act as WHT agents: ‘Digital levy’ introduced in Pakistan

KARACHI: The federal government has introduced “Digital Transactions Proceeds Levy” along with necessary changes in...

Updated 11 Jun, 2025 11:10am

Business & Finance

12 cities nationwide: JazzCash facilitating QR-based payments at 27 cattle markets

ISLAMABAD: JazzCash is facilitating QR-based payments at 27 cattle markets across 12 cities nationwide -- initiative...

Published 06 Jun, 2025 06:12am

Editorials

Recommendations for cashless economy

EDITORIAL: An expert committee on cashless economy, with representatives from the public and private sector, ...

Published 06 Jun, 2025 05:02am

BR Research

Raast to reform: Digitizing Pakistan’s economy

Digital payment systems are rapidly transforming economies across the globe by enhancing transparency, reducing...

Published 26 May, 2025 05:56am

Business & Finance

SBP launches drive for digitalisation of payments in cattle markets

KARACHI: The State Bank of Pakistan (SBP), in collaboration with 22 leading commercial banks, is launching a...

Published 24 May, 2025 07:17am

Business & Finance

Cattle markets in Pakistan: State Bank launches ‘go cashless’ campaign

KARACHI: The State Bank of Pakistan (SBP) has initiated a nationwide “go cashless” campaign to promote digital...

Updated 20 May, 2025 09:21am

Business & Finance

India’s Paytm posts wider sequential loss as stock option costs weigh

India’s Paytm on Tuesday reported a wider sequential loss for the March quarter as one-time employee stock option...

Published 06 May, 2025 05:28pm

Business & Finance

Unreliable internet, digital payment barriers slow down growth of SMEs: FPCCI BMP

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry Businessmen Panel (BMP) has said that...

Published 06 Apr, 2025 05:44am

Ramazan package attracts praise for ‘transparency’

ISLAMABAD: In a significant move towards embracing the digital era, Prime Minister Shehbaz Sharif on Friday lauded...

Updated 05 Apr, 2025 02:23pm

Digital financial services: Govt, regulators must develop frameworks: ADB

ISLAMABAD: The government and regulatory authorities must move quickly to establish frameworks for digital financial...

Updated 25 Mar, 2025 09:27am

Business & Finance

Digital payments: Google Wallet now available for HBL cardholders

KARACHI: From today HBL cardholders can add their credit/debit cards to Google Wallet on both Android and Wear OS...

Published 13 Mar, 2025 05:28am

Business & Finance

Visa highlights commercial cards’ role in Pakistan’s SME growth

KARACHI: Visa, a world leader in digital payments, released a whitepaper highlighting the advantages of digitizing...

Published 12 Feb, 2025 07:55am

VEON, Jazz CEOs meet Aurangzeb

ISLAMABAD: On the sidelines of the World Economic Forum (WEF) annual meeting 2025 in Davos, VEON Group CEO Kaan...

Updated 23 Jan, 2025 06:46pm

Business & Finance

Russia using bitcoin in foreign trade

MOSCOW: Russian companies have begun using bitcoin and other digital currencies in international payments following...

Published 26 Dec, 2024 06:11am

Digital channels drive 87pc of retail payments

State Bank of Pakistan highlights significant strides in Pakistan’s journey toward a cashless and digitally inclusive economy

Updated 21 Dec, 2024 02:47pm

Mobile apps: SBP issues new guidelines for transaction security

KARACHI: In a significant step to improve the security of digital payments, the State Bank of Pakistan (SBP) has...

Updated 11 Dec, 2024 09:19am

Business & Finance

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

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

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.20
USD PKR Interbank Buying / Jun 16	283
USD to Japanese Yen / Jun 16	144.18
USD to Swiss Franc / Jun 16	0.81
Pound Sterling to USD / Jun 16	1.36
Euro to USD / Jun 16	1.15
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
India Sensex / Jun 16	81,650.51
Tokyo Nikkei / Jun 16	38,314.09
Hang Seng / Jun 16	23,975.22
FTSE 100 / Jun 16	8,884.17
Germany DAX 30 / Jun 16	23,603.27
France CAC40 / Jun 16	7,748.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 14	16,485
Gold 10 Grams PKR / Jun 14	310,007
Petrol/Litre / Jun 16	258.43
Crude Oil USD/Barrel / Jun 16	73.56
Gold Spot USD/Ounce / Jun 16	3,417.18
Diesel/Litre / Jun 16	262.59
Cotton US¢/pound / Jun 16	68.12

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 16 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.93 ▲ 1 (34.13%)
First Prudential Mod. / Jun 16 First Prudential Modaraba(PMI)	4.39 ▲ 1 (29.5%)
First Punjab Modaraba / Jun 16 First Punjab Modaraba(FPJM)	4.48 ▲ 1 (28.74%)
Cresent Jute / Jun 16 Crescent Jute Products Limited(CJPL)	4.57 ▲ 1 (28.01%)
Unicap Modaraba / Jun 16 Unicap Modaraba(UCAPM)	4.60 ▲ 0.95 (26.03%)
Ist.Capital Sec / Jun 16 First Capital Securities Corporation(FCSC)	3.85 ▲ 0.79 (25.82%)
Shaheen Ins. / Jun 16 Shaheen Insurance Company Limited(SHNI)	5.67 ▲ 0.92 (19.37%)
Media Times Ltd / Jun 16 Media Times Limited(MDTL)	3.21 ▲ 0.5 (18.45%)
Equity Modaraba / Jun 16 First Equity Modaraba(FEM)	3.86 ▲ 0.58 (17.68%)
LSE Capital / Jun 16 LSE Capital Limited(LSECL)	6.37 ▲ 0.9 (16.45%)

Stock	Price
Intermarket Securities / Jun 16 Intermarket Securities Limited(IMS)	5.82 ▼ -51.44 (-89.84%)
PIA Holding Co.B / Jun 16 PIA Holding Company Limited B(PIAHCLB)	17,000.19 ▼ -1888.91 (-10%)
Pakgen Power / Jun 16 Pakgen Power Limited(PKGP)	263.77 ▼ -29.31 (-10%)
Khyber Textile / Jun 16 Khyber Textile Mills Limited(KHYT)	1,615.10 ▼ -179.45 (-10%)
Hala Enterprise / Jun 16 Hala Enterprises Limited(HAEL)	27.62 ▼ -3.07 (-10%)
Faisal Sp. / Jun 16 Faisal Spinning Mills Limited(FASM)	299.22 ▼ -30.74 (-9.32%)
Apna Microfin. / Jun 16 Apna Microfinance Bank Limited(AMBL)	10.70 ▼ -0.96 (-8.23%)
GOC (Pak) / Jun 16 GOC (Pak) Limited.(GOC)	73.72 ▼ -5.38 (-6.8%)
Ashfaq Textile / Jun 16 Ashfaq Textile Mills Limited(ASHT)	24.16 ▼ -1.54 (-5.99%)
LSE Financial Serv. / Jun 16 LSE Financial Services Limited(LSEFSL)	40.60 ▼ -2.37 (-5.52%)

Stock	Volume
WorldCall Telecom / Jun 16 Worldcall Telecom Limited(WTL)	267,081,176 ▲ 0.17
Pervez Ahmed Consultancy / Jun 16 Pervez Ahmed Consultancy Services Ltd.(PASL)	92,031,551 ▲ 1
Ist.Capital Sec / Jun 16 First Capital Securities Corporation(FCSC)	86,020,335 ▲ 0.79
Kohinoor Spining / Jun 16 Kohinoor Spinning Mills Limited(KOSM)	73,827,515 ▲ 0.48
Media Times Ltd / Jun 16 Media Times Limited(MDTL)	56,419,406 ▲ 0.5
PIA Holding Co.Ltd / Jun 16 PIA Holding Company Limited(PIAHCLA)	43,086,504 ▲ 1.78
Sui South Gas / Jun 16 Sui Southern Gas Company Limited(SSGC)	37,905,727 ▲ 1.76
Dewan Cement / Jun 16 Dewan Cement Limited(DCL)	29,277,399 ▲ 1.11
Cnergyico PK / Jun 16 Cnergyico PK Limited(CNERGY)	23,084,256 ▼ -0.06
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	22,313,740 ▲ 0.04

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