
This Asian airline just flew past Emirates to be named the world's best in 2025
Singapore Airlines topped Travel + Leisure's 2025 World's Best Awards, beating Middle Eastern giants Qatar Airways and Emirates, which ranked second and third. The rankings, based on reader and frequent flyer reviews, praised airlines for comfort and service. Japan's ANA and JAL placed fourth and fifth. Notably, no Indian airline made the list. Singapore Airlines also holds a Hall of Fame status for 10 consecutive years.
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The Hindu
5 minutes ago
- The Hindu
Trump remarks on India-U.S. trade deal and hints at 20-25% tariff, again claims credit for ceasefire between India and Pak.
Just days ahead of the self-imposed August 1 deadline date before the tariffs come into effect, U.S. President Donald Trump stated that the India-US trade deal was 'working out very well' but hinted at a 20% to 25% tariff on New Delhi. During a gaggle with the press interaction aboard Air Force One on Tuesday (local time), Mr. Trump responded to a report suggesting that India might be preparing for 20 to 25% tariffs, stating that India had been imposing higher tariffs on the U.S. as compared to other countries. He further mentioned that all this would come to an end as he is now 'in charge.' However, Trump hasn't sent any letters to India announcing the tariff imposed on New Delhi, as he did for many other nations. 'India has been a good friend. But India has charged basically more tariffs than almost any other country over the years. But now I'm in charge. And you just can't do that. I think the trade deals are working out very well. Hopefully for everybody, but for the United States, they're very, very good,' the US President said. Earlier on April 22, Trump imposed a tariff of 26% on Indian goods imported to the US, before announcing a pause on those 'reciprocal' levies. Meanwhile, the Union Minister for Commerce, Piyush Goyal, on Sunday, stated that the trade discussion between India and the U.S. had been going 'very well.' 'India today negotiates from a position of strength, a position of confidence. It is this very confidence that continuously encourages us to make good free trade agreements... Our discussions with the United States are progressing very well,' he stated. Foreign Secretary Vikram Misri, during PM Modi's visit to the U.K. last week, also stated that India had been actively engaged in discussions with the US on a potential Bilateral Trade Agreement (BTA), emphasising the ongoing contacts with partners in the US. During a press conference following the signing of the India-UK Free Trade Agreement, Misri stated, 'We are discussing that under a different vertical. All I can say is that our engagement is underway. The contacts are underway, and we'll see how that goes.' On July 14, a senior government official stated that India was making concrete progress toward finalising a BTA with the US, with both countries committed to following the path outlined by their respective leaders. Speaking on the ongoing trade negotiations, the official emphasised that India is 'moving in terms of a BTA' and actively 'looking at a mutually beneficial deal' that would serve the interests of both nations. Trump repeats claim of brokering ceasefire Mr. Trump also used the opportunity to once again claim credit for his role in brokering the ceasefire agreement between India and Pakistan, following the recent conflict in May. The conflict was triggered by the April 22 Pahalgam terror attacks, which killed 26 people, and India's subsequent response, 'Operation Sindoor,' involving precision strikes on nine terror camps in Pakistan and Pakistan-occupied Jammu and Kashmir (PoJK). He also praised India's leadership under Prime Minister Narendra Modi for its role in regional stability. 'Look, India, they're my friends and he's [PM Modi] my friend and you know they ended the war with Pakistan and by request and I was great and Pakistan did also. We did a lot of great settlements,' he said. India had repeatedly refuted the claims made by the U.S. President, noting that it was Pakistan's Director General of Military Operations (DGMO) who contacted their Indian counterpart to request an end to hostilities, following which the ceasefire was then agreed upon.


Time of India
34 minutes ago
- Time of India
T2, IGI main runway to reopen in Sept before festive rush
New Delhi: Due to its proximity to IGI Airport 's only international terminal, T3, Terminal 2 will reopen in about two months to primarily support domestic-to-international and vice-versa passenger flow of Air India group and IndiGo . While T2 was shut for repairs on April 15, IGIA's main runway was closed for upgrading the instrument landing system (ILS) on June 15. "That runway was supposed to reopen around Sept 15, but the same could happen a week earlier. T2 is expected to reopen by Sept-end. Both will reopen in time for the festive rush," said people in the know. Once that happens, IGIA will become the first Indian airport to operate with a capacity of handling over 10 crore passengers annually (CPA), thanks to three operational terminals—T3 (4.5 CPA), T1 (4 CPA) and T2 (1.5 CPA), four runways and supporting airside infrastructure. IGIA handled 7.8 crore passengers in 2024. So apart from having spare capacity, it will see the same go up to almost 14 CPA when T2 is demolished to make way for a bigger T4. You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi Delhi International Airport Ltd initially toyed with the idea of mothballing T2 as it wanted to see the impact of NCR's second commercial airport on the footfalls of IGIA. The reason: between T1 and T3 alone, it had a capacity of 8.5 CPA. Noida International Airport is expected to open around Oct with a phase one capacity of 1.2 CPA. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Up to 70% off | Shop Sale Libas Undo "IGIA T2 will not be kept mothballed as it is very close to the only international terminal T3. IndiGo and AI group have major expansion plans with hundreds of planes on order. So T2 will be used to support their domestic-to-international and international-to-domestic traffic primarily of these two airlines," said sources. The absence of an air train between T1 and T3/2 and the painful by-road commute between these 7km-apart terminals have made transit a pain at the country's biggest airport. The opening of T2 will provide some much-needed respite on that front. Mumbai Metropolitan Region (MMR) also gets its second airport around the same time in Navi Mumbai, but the situation there is different. The megacity's Chhatrapati Shivaji Maharaj International Airport has already peaked out and the new hub opens with a capacity of 2 CPA. So from Day 1, MMR's demand for air travel will be more than the capacity of the two airports combined. Given the spare capacity in National Capital Region with two commercial airports, Noida International Airport will extend the lifespan of T2 built in 1986. "Depending on the impact Noida has on IGIA footfall, it is likely T2 will remain operational for another three to five years. Subsequently, it will be demolished for constructing a bigger T4 in its place," said a source. Building a big, new terminal takes about three and a half years.


Time of India
an hour ago
- Time of India
Jane St: How an options trader smelt a rat when others raised a toast
There is nothing more secretive in the modern era than the world of hedge funds. Some of them have protocols that would put spy agencies of states to shame. When the gigantic market manipulation of one such fund had to be uncovered, it was possible only for someone who is as secretive about his own venture. Meet Mayank Bansal, 37, the derivatives trader who first came out publicly about manipulation in the Indian derivatives market when much of