The Federal Authority for Government Human Resources (FAHR) has declared Wednesday, 1st January 2025, as the New Year holiday for federal government entities in UAE.
The Reserve Bank of India (RBI) may postpone the beginning of its rate cut cycle to April 2025 because of the Federal Reserve's shift towards a more hawkish monetary stance, says research a report by Yes Bank.
Pakistan's Federal Minister for Law, Azam Nazeer Tarar, was the only minister present in the lower house presided over by Deputy Speaker Ghulam Mustafa when the National Assembly session resumed on Thursday.
The Indian stock markets on Thursday slumpped drastically after witnessing a selling pressure in major markets around the globe and indication from the US Federal Reserve of fewer rate cuts next year, less than anticipation of three or four.
The Indian Rupee fell to an all-time low of 85.07 (at the time of filing this report) against the U.S. dollar on Thursday as the greenback gained strength following the Federal Reserve's indication of fewer rate cuts in 2025.
The US Federal Reserve in continuing the rate cut cycle cut the interest rate by 25 basis points, according to an official statement following the key FOMC meeting.
Stock indices in India slumped for the third straight session on Wednesday, with investors closely waiting for the Federal Reserve monetary policy decision slated to be announced later today.
"We have opposed this. This is an attempt to destroy our country's federal structure. This bill has been introduced so that the political power of the states and country remains with one person...The party that spends the most money in elections would be BJP," Raut told reporters.
Dravida Munnetra Kazhagam (DMK) MP Kanimozhi once again opposed the 'One Nation, One Election' stating that it's against the constitution and federal rights of the people.
The decision, sent to the federal government for final approval, seeks an average increase of 25.78 per cent for consumers in Sindh and Balochistan, while consumers in Islamabad, Punjab, and Khyber Pakhtunkhwa will experience an 8.71 per cent rise, ARY News reported on Tuesday.