The government has issued a statement addressing speculation about changes to bank holidays. It confirmed there has been no declaration making all Saturdays bank holidays. The existing holiday schedule for banks remains unchanged. The clarification was provided by the government in response to public inquiries.
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The Gujarat government will confer its highest civilian award, the Maharaja Shri Ranjitsinh Award, upon Captain Shashikant S. Machchhar. The veteran pilot is being honored for over 50 years of service in aviation, which includes crucial roles in rescue operations. The award ceremony is scheduled for May 1, 2024, at the Raj Bhavan in Gandhinagar. This recognition celebrates his lifetime contribution to the field and his exemplary public service.
Gold prices in the United Arab Emirates showed varied values for different purities in recent trading. The rates for 24K, 22K, and 18K gold were all subject to market changes. This data provides a snapshot for investors and consumers monitoring precious metal costs. Price fluctuations are driven by global market trends and local demand factors.
IT services firm Wipro has increased the period certain employees can remain on the bench without work. This decision applies to specific staff who have completed their project assignments. The move is reportedly a response to the current challenging market environment. The extension is intended to provide more time for these employees to find new internal roles.
The Economic Times reports on the impact of the waived Merchant Discount Rate for UPI transactions. This policy affects businesses registered under the Goods and Services Tax regime. The waiver influences the cost structure of digital payments for these taxpayers. The article examines the financial implications of this zero-fee model on merchants.
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