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Financial Express Chennai

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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calls for India to expand bilateral air service agreements with the UAE, decrying the current 65,000 weekly seat cap as outdated and restrictive.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 favor of Gulf airlines. In 2017, UAE carriers used up nearly 90% of their seat entitlements to India.

PLUS D'HISTOIRES DE Financial Express Chennai

Financial Express Chennai

Unsold homes rise 4% in 2025

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Govt likely to introduce Seed Bill in Budget session

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Financial Express Chennai

'Expect top line to grow 70-80% in FY26'

After a year spent regaining momentum following a regulatory freeze, Cashfree Payments is starting to see payoffs from investments it made earlier, particularly in cross-border payments.

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January 05, 2026

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Romance, mediated by AI

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January 05, 2026

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Maduro sits in US custody, loyalists defiant

VENEZUELA'S TOPPLED LEADER Nicolas Maduro was in a New York detention center on Sunday awaiting drug charges after President Donald Trump ordered an audacious raid to capture him, saying the US would take control of the oil-producing nation.

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1 mins

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OPEC+ keeps output steady

OPEC+ KEPT OIL output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group's members.

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1 min

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Financial Express Chennai

Without reforms, 2026 could be another damp squib for equities

GLOBAL HEADWINDS

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2 mins

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Financial Express Chennai

IT results may underline resilience, not recovery

LARGE-CAP DOMESTIC

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1 min

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Financial Express Chennai

India Inc ...

AT TATA SONS, Chairman N Chandrasekaran in his New Year message to employees, reiterated the group's focus on adopting AI across functions to improve execution, signalling that AI is now viewed as an enterprise-wide lever rather than an experimental tool.

time to read

1 min

January 05, 2026

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