logo

India, US make "positive progress" on trade pact, India says

Zawya29-04-2025

India and the United States have made "positive progress" in their negotiations last week to clinch a bilateral trade agreement, the Indian government said in a statement on Tuesday.
Officials from the two countries discussed the path for concluding the first tranche of a mutually beneficial trade pact by the fall of 2025, India's commerce ministry said.
(Reporting by Tanvi Mehta; Editing by YP Rajesh)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Indian businesses dominate new company memberships at Dubai Chamber of Commerce during Q1 2025
Indian businesses dominate new company memberships at Dubai Chamber of Commerce during Q1 2025

Al Etihad

time2 hours ago

  • Al Etihad

Indian businesses dominate new company memberships at Dubai Chamber of Commerce during Q1 2025

23 June 2025 15:07 DUBAI (ALETIHAD)A new analysis by Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that Indian-owned businesses topped the list of non-Emirati companies joining the chamber in Q1 2025.A total of 4,543 new members from India joined during the three-month period, representing year-over-year (YoY) growth of 4.4% and underlining the vital economic role played by Indian companies as Dubai's largest foreign business followed in second place, with 2,154 new companies registering as members of the chamber during the first quarter of the year. 1,362 new Egyptian companies joined the chamber, placing the country third among the top nationalities of new member number of new companies from Bangladesh achieved significant year-over-year growth of 28.5%, with 817 new companies registering as members of the UK ranked fifth with 678 new companies, while Syria secured sixth place on the list with 462 new member companies. Companies from Jordan claimed the seventh spot, with 350 new companies joining the chamber's ranked eighth on the list, with 347 new Chinese companies registering as members of the chamber. Türkiye secured the ninth spot with 329 new members, while Iraq came tenth with 303 new terms of the sectoral distribution of new member companies joining the chamber during Q1 2025, the wholesale and retail trade sector ranked first, accounting for 36.2% of new registrations. The real estate, renting, and business services sector came in second place, representing 35.4% of the was followed by the construction sector in third place at 16.7%, and the social and personal services sector, which ranked fourth with 7.7%. The transport, storage, and communications sector secured fifth place on the list with 7.5%.

Indian Businesses Lead Surge in New Dubai Chamber Memberships in Q1 2025
Indian Businesses Lead Surge in New Dubai Chamber Memberships in Q1 2025

Hi Dubai

time4 hours ago

  • Hi Dubai

Indian Businesses Lead Surge in New Dubai Chamber Memberships in Q1 2025

Indian companies topped the list of new non-Emirati businesses joining the Dubai Chamber of Commerce in the first quarter of 2025, according to newly released data. A total of 4,543 Indian-owned firms became members, marking a 4.4% year-over-year increase and reinforcing India's position as Dubai's largest foreign business community. The analysis, conducted by Dubai Chamber of Commerce under the umbrella of Dubai Chambers, highlights growing international interest in Dubai as a business hub. Pakistan ranked second with 2,154 new companies, followed by Egypt with 1,362. Bangladesh stood out for its rapid growth, recording a 28.5% year-over-year rise with 817 new companies. The United Kingdom, Syria, Jordan, China, Türkiye, and Iraq rounded out the top ten nationalities among new member companies. In terms of business sectors, wholesale and retail trade led the way, accounting for 36.2% of new registrations. Real estate, renting, and business services followed at 35.4%, while construction made up 16.7%. Social and personal services represented 7.7%, and transport, storage, and communications comprised 7.5%. The figures underline Dubai's continued appeal to a diverse international business community, with steady growth across both nationalities and sectors. News Source: Dubai Media Office

Air India warned for breaching pilots' flight duty timings
Air India warned for breaching pilots' flight duty timings

Dubai Eye

timea day ago

  • Dubai Eye

Air India warned for breaching pilots' flight duty timings

India's aviation watchdog has issued a warning to Air India for "repeated and serious violations" related to pilot duty scheduling and oversight, according to government directives reviewed by Reuters on Saturday. The Directorate General of Civil Aviation (DGCA) directed Air India to remove three company executives from crew scheduling roles - a divisional vice president, a chief manager of crew scheduling and one planning executive - for lapses linked to flights from Bengaluru to London on May 16 and May 17 that exceeded the stipulated pilot flight time limit of 10 hours. The June 20 order cited "systemic failures in scheduling protocol and oversights" and criticised the lack of strict disciplinary measures against responsible officials. The latest action by the aviation authority against the airline is unrelated to this month's crash of an Air India Boeing plane that killed all but one of the 242 people onboard but signal heightened scrutiny of the airline. On Thursday, Reuters reported the authorities had also warned Air India for breaching safety rules after three of its Airbus planes flew despite being overdue for checks on emergency equipment of escape slides. The latest order by assistant director of operations at the DGCA, Himanshu Srivastava, said: "Of particular concern is the absence of strict disciplinary measures against key officials directly responsible." In a statement to Reuters, Air India said it has implemented the DGCA order and in the interim, the company's chief operations officer will provide direct oversight to the Integrated Operations Control Centre. "Air India is committed to ensuring that there is total adherence to safety protocols and standard practices," it added. The DGCA stated in its order that Air India had voluntarily disclosed the violations. Air India was taken over by the Tata Group in 2022 and faces many challenges in its attempts to rebuild its image, after years of criticism from travellers for poor service. The Indian regulator, like many abroad, often fines airlines for compliance lapses. India's government in February told parliament that authorities had warned or fined airlines in 23 instances for safety violations last year. Around half of them - 12 - involved Air India and Air India Express. The biggest fine was $127,000 on Air India for "insufficient oxygen on board" during some international flights.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store