Protection and Indemnity entity proposed to strengthen maritime liability cover and boost maritime arbitration and ship finance options.
A proposal for a full-fledged Protection and Indemnity (P&I) entity aims to reduce vulnerability to international sanctions, provide liability protection for coastal and inland vessels, secure India's presence in the specialized P&I insurance segment, and encourage maritime arbitration. Complementary measures include IRDAI-backed Marine Cargo Pool and reinsurance reforms, the IFSCA Framework for Ship Leasing with IFSC tax incentives, establishment of ADR mechanism SAROD-Ports, and an International Arbitration Centre in GIFT City to speed dispute resolution.

Memorandum of Understanding: Collaboration to strengthen academic research and capacity building across corporate and telecom governance.
A Memorandum of Understanding establishes a structured academic and research collaboration between IICA and NICF to pool professional capabilities for advocacy, research support, technical assistance and capacity building across finance, corporate and competition law, corporate governance, insolvency and bankruptcy law, leadership, and telecommunication policy. The MoU foresees exchange of knowledge and resources, jointly conducted research, and coordinated training programmes to up skill officers and strengthen institutional expertise, formalising reciprocal commitments to provide technical and training support and create sustained institutional linkages.

Antitrust enforcement: international cooperation urged to prevent regulatory arbitrage and preserve contestability in digital markets.
Strong antitrust enforcement and international cooperation are central to preserving competitive digital markets by addressing platform gateway power, data control and market access. Capacity building in artificial intelligence, blockchains and algorithms is necessary for authorities to detect anti-competitive conduct. Incorporating sustainability into competition policy can stimulate cleaner innovation while avoiding anti-competitive barriers. BRICS joint documents on Leniency Programmes and the Digital Economy support coordinated cross-border cartel investigations, improved merger control responses, and the use of soft-law tools and market studies to foster pro-competitive environments.

World Bank evolution urged to align MDB procedures and mobilise new concessional finance for country-led climate and development priorities.
India endorses MDB evolution to end extreme poverty and boost shared prosperity on a liveable planet, insisting Bank engagement be rooted in national development priorities and that climate action respect common but differentiated responsibilities with stronger adaptation finance. It urges alignment of MDB processes to ease client burden, an enhanced approach to mobilise private capital while recognizing limits, conditional support for Global Challenge Programs based on country demand and concessional finance, and mobilisation of new additional resources through concessional replenishments and general capital increases to meet expanded development objectives.

Competition cooperation across BRICS to advance leniency and digital economy collaboration and harmonise enforcement approaches.
An international conference convenes competition authorities and experts to advance cooperation on enforcement and policy responses to emergent competition challenges, emphasising joint work on leniency programmes and competition issues in the digital economy. Delegates will review joint reports on Leniency Programme and Digital Economy, participate in plenary and breakout sessions, and pursue dialogue on harmonising investigatory and enforcement practices across BRICS jurisdictions, including soft law tools, market studies, sustainability considerations, and cross border merger control challenges.

Certificate course completion highlights institutional research training and issuance of digital certificates after a virtual research methodology programme
Conclusion of the first batch of the three month virtual Certificate Course in Research Methodology by IICA, delivered online, culminating in a valedictory programme with digital certificate issuance; the course featured faculty led instruction, participant engagement in research methodology and proposal writing, and positive participant feedback.

Competition clearance for minority acquisition in eyewear company by private equity fund, with detailed order pending under merger review.
Approval was granted for Kedaara Capital Fund III LLP's proposed acquisition of approximately 1.74% of the fully diluted issued share capital of Lenskart Solutions Private Limited. The acquirer is a Category II Alternative Investment Fund engaged in investments; the target manufactures and retails and wholesales eyewear products, including eyeglasses, sunglasses and accessories. A detailed regulatory order will follow.