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Ayurveda, the ancient Indian system of medicine, isn’t just for

NEW DELHI: India on Friday proposed imposing of retaliatory duties

NEW DELHI: Fair trade regulator CCI has directed Aditya Birla

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NEW DELHI: India on Friday proposed imposing of retaliatory duties under WTO norms against the US tariffs on imports of auto parts in the name of safeguard measures.“The proposed suspension

NEW DELHI: Fair trade regulator CCI has directed Aditya Birla firm UltraTech, which now owns south-based cement firm India Cements, along with two other makers and their executives to submit

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Nirmala Sitharaman (File photo) NEW DELHI: Finance minister Nirmala Sitharaman on Friday stressed the need for decisive collective action by the Global South to deal with multiple uncertainties arising out

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NEW DELHI: Fair trade regulator CCI has directed Aditya Birla firm UltraTech, which now owns south-based cement firm India Cements, along with two other makers and their executives to submit

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India has informed the WTO’s Council for Trade in Goods regarding its intended suspension of concessions. (AI image) India has proposed retaliatory tariffs on Friday against the United States at

‘Partner can’t add much in that situation’: Emirates redirects growth strategy away from India- explained

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'Partner can't add much in that situation': Emirates redirects growth strategy away from India- explained

Emirates is shifting its strategic focus away from India due to long standing bilateral restrictions that have prevented the airline from expanding its operations in the country.Adnan Kazim, deputy president and chief commercial officer of Emirates, told ET that India, once among the airline’s top five global markets, has now slipped to the top 10. The main reason, he said, is the cap on seat entitlements under the current air services agreement between India and Dubai.As per the agreement, UAE carriers, including Emirates, are allowed a total of 65,000 weekly seats to India, with a reciprocal limit for Indian carriers flying to Dubai. These limits have remained unchanged for over a decade despite a sharp increase in outbound travel from India.“All 171 weekly frequencies we operate to India are flying above 95% seat factor,” said Kazim as per ET. “We’re spilling traffic. The demand far exceeds the supply.”Due to the inability to expand in India, Emirates is redirecting its growth to other regions. “We’ve been growing consistently, year after year, by at least 3-5%,” Kazim said. “But we’ve not been able to add a single seat to India since 2014-nearly 11 years.”Emirates has since increased capacity and added destinations in Asia, the Americas, Europe, Africa, and the Middle East. “That could’ve been India playing that role… but it’s not the case,” Kazim noted.He said Emirates remains open to partnerships with Indian carriers, but such tie-ups offer limited value unless seat entitlements are increased.”Flights are already full. A partner cannot add much in that situation.” he explained.Kazim also expressed interest in expanding into Tier 2 Indian cities. However, those plans are on hold due to the same restrictions.Pointing to the potential of the Indian market, Kazim highlighted the relatively low international travel volumes. “You’re moving about 120 million international passengers with a population of 1.5 billion. That number should be much higher.” he said.





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