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

UAE Ramadan 2026: Reduced Work Hours Explained for Private Sector Employees As the holy month of Ramadan 1447 AH begins across the UAE, workplaces nationwide are adjusting schedules to reflect both the spiritual rhythm of the month and legal labour requirements. Under Cabinet Decision No. 1 of 2022 implementing Federal Decree-Law No. 33 of 2021,…

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‘No reason to believe’: Russia says India has not changed stance on buying oil, rejects US claims

AI image used for representative purposes Russia’s foreign ministry firmly claimed on Wednesday that it has “no reason to believe” that India changed its stance on purchasing Russian oil, despite US claims suggesting otherwise. The ministry emphasised that the oil trade benefits both nations and helps maintain global energy market stability, while dismissing recent statements…

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Sarvam rolls out 105-bn parameter AI LLM model

Sarvam AI showcases futuristic solutions tailor made for India’s needs New Delhi: In a major step for India’s push to compete in advanced AI, homegrown startup Sarvam has launched a foundational 105-billion-parameter large language model (LLM), along with a range of tools and systems aimed at commercialisation. The company said the model performs on par…

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Will fast-track IndusInd, Gensol cases: ICAI chief

ICAI president Prasanna Kumar D New Delhi: The Institute of Chartered Accountants of India (ICAI) has set up a special group within its Financial Reporting Review Board to fast-track high-profile cases, the regulatory agency’s president Prasanna Kumar D said. “… more than 10 to 15 cases are there which have public interest. These cases will…

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