Initially, the Pakistani government had budgeted PKR 3.9 trillion to cover markup on loans for the ongoing fiscal year 2022-23. However, revised estimates have revealed that the spending on interest payments rose to PKR 5.52 trillion.
As per the data, India in the year 2022 accounting for 46 per cent of the global real-time payments, adding that the digital payment transactions in India is more than the other four leading countries combined.
By December 2022, Pakistan's external debt had reached USD 126 billion; accounting for 35 per cent of its GDP. The problem is an outcome of legacy issues plaguing the Pak economy including dwindling foreign exchange reserves, high inflation, a lack of foreign investments and balance of payme
New Delhi [India], June 7: Max Life Insurance Company Ltd. ("Max Life" / "Company"), stands in solidarity with the people impacted in the Odisha train accident and has extended swift claims support to them and their families. The Company has established a dedicated claims support desk and ap
Kochi (Kerala) [India], June 5: KLM Axiva Finvest, a renowned financial services firm, is pleased to announce its exceptional financial performance for the last fiscal year. The company achieved a remarkable profit of 24.63 crores, reflecting a substantial increase of 42 per cent in profit b
India's leading payments and financial services company Paytm on Monday announced its business operating performance for the two months ended May 2023 and that its consumer engagement on the Paytm Super App continues to see robust expansion of its consumer base.
Real Madrid announces that Eden Hazard will leave the club on June 30. The Spanish giants signed the Belgian attacker in 2019 from Chelsea with a deal worth £130m if all bonus payments were paid.
Eden Hazard was initially signed for a five-year deal but he will leave the club a year be
As India is rapidly adopting UPI-based payments, Paytm Payments Bank, an Indian homegrown company, has been at the forefront of leading this revolution in the banking space.
The officials said the government company TransPeshawar, which owned the BRT, had the required funds at its disposal but "political interference" in its affairs was to blame for the delay in payments, Dawn reported.
New Delhi [India], May 27: Bajaj Markets, a subsidiary of Bajaj Finserv, has partnered with IndusInd Bank, granting easy access to the IndusInd Bank Forex Card. A feature-laden tool, it makes international payments easier and seamless by providing a cashless and secure way to carry foreig
Payments worth Rs 159,659.59 crore have been made to as many as 1.12 crore farmers by the centre for having procured paddy at Minimum Support Price (MSP), the Union food ministry said Friday.