Brief by Shorts91 Newsdesk / 05:41am on 01 Jul 2026,Wednesday India Global
The US Department of the Treasury has removed four Indian companies from its Specially Designated Nationals (SDN) List in its latest sanctions update. The companies are Hyderabad-based RRG Engineering Technologies Private Limited and Lokesh Machines Limited, Ahmedabad-based Galaxy Bearings Ltd, and Delhi-based Shaurya Aeronautics Private Limited. All four had been sanctioned under Executive Order 14024, which targets activities linked to Russia. The delisting lifts US financial restrictions on the companies. The announcement came as the Treasury's Office of Foreign Assets Control (OFAC) also added several individuals and entities linked to Mexican drug trafficking networks to the sanctions list. (PC: HT)
