India is sending additional warships to the Gulf of Oman and Arabian Sea to ensure the safe passage of its vessels in anticipation that Iran may allow more of its fuel tankers to exit the Strait of Hormuz, people familiar with the matter said. Source link

“But if this [reverse migration] continues, it will have [a] significant impact, especially on micro, small and medium enterprises, particularly in labour-intensive sectors such as construction, textiles and manufacturing,” says Arvind Goel, co-chairman of the industrial relations committee of the Confederation of Indian Industry. Source link

Ajay Seth, chairman of IRDAI, said such exchanges form part of the authority’s approach to international engagement. “Engaging with international stakeholders allows us to better understand global perspectives, share our regulatory approach, and better align with evolving market dynamics,” he said. IRDAI reiterated that it intends to maintain ongoing engagement with domestic and overseas stakeholders…