UAE Redundancy: Can You Skip Your Notice Period? Understanding UAE Labour Law When an employee is let go due to redundancy (business restructuring or cost-cutting) in the UAE, a common question arises: Can the employee skip the notice period and leave immediately? The short answer is no, not without consequences. UAE labour law clearly sets…
Dubai’s Luxury Property Market Is Crowded: Here’s How Smart Buyers Are Still Winning Big Dubai’s ultra-luxury property segment, including homes priced above Dh20 million, remains one of the hottest real estate markets globally, drawing affluent local and international investors alike. However, while listing volumes are high, identifying the right inventory with real market value and…
Piyush Goyal (File photo) Union Commerce and Industry Minister Piyush Goyal on Sunday gave insights into the behind-the-scenes negotiations that shape India’s free trade agreements (FTAs).In an interview with PTI, Goyal revealed that had personally met every negotiator involved in India’s trade agreements, emphasising that negotiators are tasked with protecting their own country’s interests and…
NEW DELHI: Despite the Centre’s focus on augmenting urban infrastructure and planned urbanisation, the housing and urban affairs ministry is set to end up with non-utilisation of around 40% of the Rs 96,777 crore the budget had allocated for the current financial year, which ends in March. The total expenditure for FY 25-26 is estimated…
Stock market trends this week will be influenced by multiple factors including inflation data, foreign investor activity, and global market movements especially in light of the India US trade deal announcement. The market are also expected to react to Q3 earnings reports and geopolitical developments, as analysts closely watch these indicators to gauge market direction.Big…
Silver exchange-traded funds (ETFs) saw a dramatic 38 per cent drop, from their peak just seven days ago on January 29. This sharp decline was triggered by increased trading costs and investors cashing out profits. The market saw wild swings as silver prices first fell below $65 per ounce before bouncing back up by 8.6…
Will Lewis, publisher and CEO of The Washington Post (AP file photo) The Washington Post’s publisher and CEO Will Lewis resigned on Saturday, just days after laying off 300 journalists. His sudden departure comes amid strong criticism from staff over his handling of the newspaper’s financial troubles and recent mass layoffs. Jeff D’Onofrio, the company’s…
The patience of Narendra Modi govt seems to have paid. The US-India joint statement issued by the White House on Feb 6 gives some relief. It indicates what is likely to come in the trade deal. It is still an ‘interim agreement’ and there is no explicit mention that India will stop buying crude oil…
India retained protection on corn and soybean, both GM crops in US, but agreed to import dried distillers’ grains and red sorghum for animal feed, tree nuts, fresh and processed fruits, soybean oil. Farm organisations say DDG comes from GM corn and questioned allowing import of soybean oil. RSS-linked BKS too sought a clarification. Farm…
Lower duties may add speed to Harley, Jeep & Tesla‘s India ride NEW DELHI: US giants Harley Davidson, Jeep and Tesla are the likely big winners of the trade deal with govt offering concessions, without upsetting domestic industry. For Harley Davidson, Donald Trump has won concessions which his predecessors couldn’t get: Zero duty access for…
