मैगज़्टर गोल्ड के साथ असीमित हो जाओ

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Financial Express Delhi

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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calls for India to expand bilateral air service agreements with the UAE, decrying the current 65,000 weekly seat cap as outdated and restrictive.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.

Financial Express Delhi से और कहानियाँ

Financial Express Delhi

Tobacco stocks tumble on 40% higher 'sin' tax

• New levy from Feb 1; move designed to align with WHO norms: Govt

time to read

1 min

January 02, 2026

Financial Express Delhi

Grand Vitara, Victoris drive up Maruti’s share in SUV market

MARUTI SUZUKI'S SUV market share climbed to 30.7%, from 25.7% in the first half of 2025, signalling growing acceptance of its utility vehicle portfolio.

time to read

1 min

January 02, 2026

Financial Express Delhi

India poised to be 'office of the world': EY

INDIA IS WELL-POSITIONED to emerge as one of the world's most powerful growth engines over the next two decades, driven by its leadership in information technology services, rapid digitalisation, strong entrepreneurship, and favourable demographics, according to a recent EY report on India's long-term economic prospects.

time to read

1 min

January 02, 2026

Financial Express Delhi

Operators of KFC, Pizza Hut to merge

KFC AND PIZZA HUT operators Sapphire Foods and Devyani International said on Thursday they will merge in a $934-million deal, creating a fast-food franchisee powerhouse in the world's most populous country.

time to read

1 min

January 02, 2026

Financial Express Delhi

Tobacco stocks tumble on 40% higher ‘sin’ tax

THE DISCONTINUATION OF GST compensation cess, which as per another notification will take place on February 1, neces- sitated a restructuring of levies on tobacco products.

time to read

2 mins

January 02, 2026

Financial Express Delhi

Insurers shell out ₹1L cr in commissions in FY25

· RBI flags high cost distribution strategies

time to read

1 mins

January 02, 2026

Financial Express Delhi

Goods exports by railways projected at ₹50K cr by'30

THE MINISTRY OF Railways is targeting a more than sevenfold increase in railway equipment exports to ₹50,000 crore by 2030, Railway Minister Ashwini Vaishnaw said on Thursday.

time to read

2 mins

January 02, 2026

Financial Express Delhi

'We aspire to grow SME segment faster than wholesale banking'

The Reserve Bank of India's regulatory approach has consistently centred on ease of doing business and enhancing customer experience, says Paritosh Kashyap, whole time director and executive director at Kotak Mahindra Bank.

time to read

3 mins

January 02, 2026

Financial Express Delhi

Fewer startups shut shop in 2025

SIGNS OF REVIVAL AS SHUTDOWNS DROP TO 5-YEAR LOW

time to read

1 min

January 02, 2026

Financial Express Delhi

Bankers get a dire warning from Jane Austen’s final book

JANE AUSTEN'S NOVELS continue to grip readers (and viewers) in her semiquincentennial year.

time to read

3 mins

January 02, 2026

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