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Financial Express Lucknow

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June 04, 2025

Open skies work when both sides can fly equally, but with the Gulf, the playing field is inherently tilted

The just-concluded annual general meeting of the International Air Transport Association (IATA), Emirates President Tim Clark renewed calls for India to expand bilateral air service agreements with the UAE, decrying the current 65,000 weekly seat cap as outdated and restrictive. Clark's argument glosses over a key fact. India already offers liberal open skies agreements to countries like the US and UK where bilateral air travel benefits are more balanced and reciprocal.

In contrast, Gulf carriers rely disproportionately on Indian traffic to feed their global networks, creating structural asymmetry. India's measured stance on the UAE is not protectionist; it is strategic and long overdue. India's separate bilateral agreements with Dubai, Abu Dhabi, Sharjah, and Ras Al Khaimah have long been skewed in favour of Gulf airlines. In 2017, UAE carriers used up nearly 90% of their seat entitlements to India.

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IPO to set Shiprocket on new growth path: CEO

SHIPROCKET CO-FOUNDER AND CEO Saahil Goel sees the upcoming IPO as a key milestone, reflecting internal discipline, scale and governance, and believes it will set the logistics tech firm on a new growth trajectory with the direct-to-consumer, online and quick commerce space poised to boom.

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1 min

November 24, 2025

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Which B-schools get you top dollar

THE LATEST NIRF ‘INDIA RANKINGS 2025: MANAGEMENT’ DATA SHOWS THAT THE IIMS OF MUMBAI, BANGALORE, AND AHMEDABAD (MBA) OFFER THE BEST MBA SALARY PACKAGES TO STUDENTS

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3 mins

November 24, 2025

Financial Express Lucknow

Lakshmi Mittal quits UK as tax on rich looms : Report

INDIAN-ORIGIN STEEL magnate Lakshmi N Mittal, until now based in Britain and a regularon the country’s richest billionaires tally, has decided to quit the UK as the Labour Party-led government’s feared tax shakeup for the super-rich nears, according to a UK media report on Sunday.

time to read

1 mins

November 24, 2025

Financial Express Lucknow

India-US deal to keep weighing on rupee: Poll

THE INDIAN RUPEE is expected to remain under pressure until India signs a trade with the US, said economists and treasury heads inan FE poll.

time to read

1 min

November 24, 2025

Financial Express Lucknow

Premium for 'experience' widens in realty projects

“LIKE WATCHES, REAL estate brands and addresses are now commanding higher prices and getting them from buyers,” Mohnot said.

time to read

2 mins

November 24, 2025

Financial Express Lucknow

Use GST savings to top up basic life cover with rider

RIDER PREMIUM IS LESS THAN THE BASE PRICE & MAKES THE COVER COMPREHENSIVE

time to read

2 mins

November 24, 2025

Financial Express Lucknow

FPI activity, macro data to guide mkts

MACROECONOMIC DATA, GLOBAL market trends and trading activity of foreign investors will be the key drivers for dictating market sentiment this week, analysts said.

time to read

1 min

November 24, 2025

Financial Express Lucknow

DOGE ‘does not exist’ with eight mths on charter

Initially, DOGE was lead by Tesla CEO Elon Musk

time to read

2 mins

November 24, 2025

Financial Express Lucknow

Agritech funding plunges over profitability concerns

INDUSTRY EXPERTS EXPECT REVIVAL IN 2026

time to read

2 mins

November 24, 2025

Financial Express Lucknow

Google fixes AI’s text problems

AS CONFIDENT AS Al assistants can sound in chat responses, if you ask them to generate an image containing several text phrases, chances are the resulting imagery will contain some typos or distorted fonts.

time to read

1 min

November 24, 2025

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