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Get 25% above normal hourly wage, 50% extra for evening shifts: Ramadan 2026 overtime work rules in UAE explained

UAE private sector employees now enjoy a two-hour daily reduction in working hours during Ramadan, a legal right for all regardless of faith. This adjustment supports work-life balance and respects the physical demands of fasting. While most benefit, some roles have exemptions and overtime rules ensure fair compensation for extra work.

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Income Tax notice alert! Senior executives with over Rs 50 lakh salaries under radar for ‘underreporting income’, misusing exemptions

In many instances, the taxpayers are alleged to have sought tax relief by reporting bogus donations to religious bodies, charitable organisations, or educational institutions.

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Bank holiday today: Are banks open on closed on February 18? Check state-wise details

Planning a bank visit? Be aware that Indian banks observe both national and state holidays, leading to varied closures. Today, February 18, Sikkim banks are closed for Losar. Maharashtra observes Chhatrapati Shivaji Maharaj Jayanti on February 19, while Mizoram and Arunachal Pradesh celebrate State Day on February 20. Remember, second and fourth Saturdays also mean

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Asian stocks today: Nikkei adds over 700 points after US-Japan deal; markets in China, Korea remain shut

Asian markets saw a slight uptick as investors assessed US-Iran nuclear talks and Japan’s substantial investment pledges to Washington. Tokyo led the gains, buoyed by confirmed funding for infrastructure projects. Meanwhile, energy prices stabilized after earlier fluctuations, and global leaders convened in New Delhi to discuss AI governance amidst growing societal and environmental concerns.

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Gold price prediction today: When will gold rates resume upward bullish trend? Check outlook

Gold price prediction today: Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers is of the view that gold prices are likely to resume their upward trend in the long run. He takes a look at the top factors for gold prices in the coming days:

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Next station is Meerut: Get ready for India’s fastest metro at 120 kmph

Meerut is set to launch India’s fastest metro, boasting a maximum operational speed of 120 kmph. This 21-kilometer corridor will connect Meerut South to Modipuram with 12 stations, cutting travel time significantly. Notably, it will share tracks with semi-high-speed Namo Bharat trains, creating an integrated transport model.

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Impact of GST rate cuts fading? FMCG prices rise up to 5%; what’s fueling the latest hike

Indian consumer goods companies are raising prices by up to 5% due to rising input costs and a weakening rupee. This follows a period of holding back on revisions after September’s GST cuts, as companies now exercise pricing power. Increased costs for commodities like crude oil derivatives and imported ingredients are impacting profitability across various

Impact of GST rate cuts fading? FMCG prices rise up to 5%; what’s fueling the latest hike Read More »