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Financial Express Chandigarh

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for India to expand bilateral air service agreements with the UAE, decrying the current 65,000 weekly seat cap as outdated and restrictive.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

Financial Express Chandigarh'den DAHA FAZLA HİKAYE

Financial Express Chandigarh

Bill Gates backs AI chip startup

BILL GATES' VC fund, Microsoft’s investment arm and Saudi Arabia’s Aramco Ventures are investing $110 million in Neurophos, a chip company that aims to develop a new technology capable of outperforming accelerators used to run AI models.

time to read

1 min

January 26, 2026

Financial Express Chandigarh

The Englishman who listened to India

INDIA WAS WHERE this Englishman was born — in what was then Calcutta (now Kolkata).

time to read

2 mins

January 26, 2026

Financial Express Chandigarh

Anthropic drafts a ‘constitution’ for Claude

ANTHROPIC HAS PUBLISHED a new set of behavioural guidelines for its Claude AI models covering ethics and safety while also laying out guidance for a scenario in which an Al system becomes sentient.

time to read

1 mins

January 26, 2026

Financial Express Chandigarh

Beyond the 6% target

WHY PPPs ARE KEY TO OUR DEMOGRAPHIC DIVIDEND

time to read

2 mins

January 26, 2026

Financial Express Chandigarh

ChatGPT moves forward with CEO’s ‘Last Resort’

HAVING BURNED THROUGH about $8 billion of cash in 2025, Open AI seems in desperate need of revenue.

time to read

2 mins

January 26, 2026

Financial Express Chandigarh

Corporate credit rebounds sharply in Q3

TRENDS SHOW CONSISTENT DEMAND

time to read

3 mins

January 26, 2026

Financial Express Chandigarh

India Inc posts weak profit...

OPERATING PROFIT MARGINS contracted by about 90 basis points, thanks to expenses having risen by 13.8% yo-y, leaving the increase in operating profits at just 7% yo-y.

time to read

2 mins

January 26, 2026

Financial Express Chandigarh

Human systems

HOW DARWINBOX IDENTIFIED A STRUCTURAL GAP IN ENTERPRISE HR, BUILT AN ASIA-FIRST PRODUCT AROUND IT, AND SCALED IT INTO A GLOBAL PLATFORM

time to read

3 mins

January 26, 2026

Financial Express Chandigarh

Renewable firms call for NaBFID-like Green Bank

Industry players say interest rate should be below 8%

time to read

2 mins

January 26, 2026

Financial Express Chandigarh

Searching for speed

TWO THINGS HAPPENED in the last one week that is sure to push badminton lovers into introspection.

time to read

2 mins

January 26, 2026

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