The United States has removed four Indian companies from its sanctions list, previously accused of supplying advanced technology and equipment to Russia’s military-industrial base. The firms — Hyderabad’s RRG Engineering Technologies and Lokesh Machines, Ahmedabad’s Galaxy Bearings, and New Delhi’s Shaurya Aeronautics — were de-listed from the Office of Foreign Assets Control’s Specially Designated Nationals list.
**Excerpt:** Adani Enterprises has agreed to pay a $275 million civil penalty to the U.S. Treasury's OFAC to settle potential liabilities over the inadvertent import of Iranian LPG through a Dubai-based middleman.