• About us
  • Privacy Policy
  • Disclaimer
  • Contact
Thursday, September 3, 2026
Pragativadi I Latest Odisha News in English I Breaking News
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Lifestyle
  • Tech
  • E-Library
  • Quiz
No Result
View All Result
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Lifestyle
  • Tech
  • E-Library
  • Quiz
No Result
View All Result
Pragativadi I Latest Odisha News in English I Breaking News
No Result
View All Result

Home » US Removes Sanctions on Four Indian Companies in Latest OFAC Update

US Removes Sanctions on Four Indian Companies in Latest OFAC Update

Ananya Pattnaik by Ananya Pattnaik
July 1, 2026
in National, Trending Now
Reading Time: 2 mins read
0 0
0
US Sanctions
43
VIEWS

The United States Department of the Treasury has removed four Indian companies from its Specially Designated Nationals (SDN) List, marking a significant development in its latest sanctions update.


The decision was announced by the Treasury’s Office of Foreign Assets Control (OFAC), which said the companies had been delisted as part of a broader revision to the sanctions register.

Which Indian companies were removed from the sanctions list?

The four Indian entities removed from the SDN List are:

  • RRG Engineering Technologies Private Limited (Hyderabad)
  • Lokesh Machines Limited (Hyderabad)
  • Galaxy Bearings Ltd (Ahmedabad)
  • Shaurya Aeronautics Private Limited (New Delhi)

The companies had previously been sanctioned under Executive Order 14024, a US measure aimed at addressing activities linked to Russia.

OFAC announces broader sanctions update

The delisting was part of OFAC’s latest update to the Specially Designated Nationals and Blocked Persons (SDN) List.

Alongside the removal of the four Indian companies, the US also imposed fresh sanctions on several individuals and entities allegedly linked to drug trafficking networks operating in Mexico.

The update reflects OFAC’s routine review of sanctions and enforcement measures.

Treasury releases quarterly sanctions report

In addition to updating the sanctions list, OFAC released its quarterly report on licensing activities conducted under the Trade Sanctions Reform and Export Enhancement Act (TSRA).

The report covers the period from January to March 2026 and outlines licensing actions related to US sanctions regulations.

What the delisting means

Being removed from the SDN List means the four Indian companies are no longer subject to the US sanctions imposed under Executive Order 14024.

However, the US Treasury did not provide additional details explaining the specific reasons for removing the companies from the sanctions list.

Further clarification may emerge if OFAC or the affected companies issue detailed statements.

Tags: business newsExecutive Order 14024Galaxy BearingsGlobal TradeIndia US relationsinternational sanctionsLokesh MachinesOFACRRG Engineering TechnologiesRussia sanctionsSDN ListShaurya AeronauticsUS lifts sanctions on four Indian companiesUS sanctionsUS Treasury
Previous Post

Rajasthan Bus Fire Tragedy: Several Feared Dead After Bus Catches Fire on Jaipur-Bandikui Expressway in Dausa

Next Post

Murder Case Cracked in 48 Hours, Three Arrested in Koraput

Ananya Pattnaik

Ananya Pattnaik

Related Posts

Abhinandan Varthaman joins FLY91
National

Balakot Hero Abhinandan Varthaman Joins Goa‑Based Airline FLY91 After Retiring from IAF

September 3, 2026
BJD Jajpur flood relief allegations
Odisha

BJD Accuses Odisha Govt of Bias in Jajpur Flood Relief

September 3, 2026
Urdu Parsi textbooks GDP critique
Odisha

Congress Slams Odisha Govt Over Urdu, Parsi Textbook Shortage and GDP Growth Claims

September 3, 2026
Next Post
Baipariguda murder case

Murder Case Cracked in 48 Hours, Three Arrested in Koraput

July 1 Rule Changes

July 1 Rule Changes: Passport Fee Hike, Free Aadhaar Update, EPFO Services & ITR Deadline

Ganja Seized Boudhagada

295 Kg Ganja Seized Inside Secret Chamber of Truck in Boudhagada

Follow Us

  • 105.4k Followers

Recommended

Shah Rukh Khan

Shah Rukh Khan Honors Victims of 26/11, Pahalgam Attack and Delhi Blasts at Global Peace Honours 2025

9 months ago
Punjab Kings Win Toss and Elect to Bowl First Against Injury-Hit Mumbai Indians

Punjab Kings Win Toss and Elect to Bowl First Against Injury-Hit Mumbai Indians

5 months ago
Hostel Violence

Mayurbhanj: Student’s Hand Cut, Salt Rubbed; Assaulted Class 6 Student Breaks Silence

1 year ago
Kamakhyanagar Student Murder

Kamakhyanagar Women’s College Student Murder: Police Arrest Four

6 months ago

Instagram

Follow Now

Highlights

Blood‑Soaked Body of Man Found in Rayagada Forest Stream

Magnitude 5 Quake Jolts Tibet Days After Deadly Glacier Collapse

Abhijeet Dipke challenges PM Modi over degrees amid fresh row over Boston University education

Odisha Flood Situation Improving, Low-Lying Areas to Stay Waterlogged for 4 More Days

Mayawati removes nephew Akash Anand from key BSP post, says he needs ‘further maturity’

Malaria Cases Surge in Malkangiri, 7239 Detected

Trending

Abhinandan Varthaman joins FLY91
National

Balakot Hero Abhinandan Varthaman Joins Goa‑Based Airline FLY91 After Retiring from IAF

by Itishree Sethy
September 3, 2026
0

Former Indian Air Force Group Captain Abhinandan Varthaman, celebrated for downing a Pakistani F‑16 during the 2019...

BJD Jajpur flood relief allegations

BJD Accuses Odisha Govt of Bias in Jajpur Flood Relief

September 3, 2026
Urdu Parsi textbooks GDP critique

Congress Slams Odisha Govt Over Urdu, Parsi Textbook Shortage and GDP Growth Claims

September 3, 2026
Blood‑Soaked Body of Man Found

Blood‑Soaked Body of Man Found in Rayagada Forest Stream

September 3, 2026
Tibet earthquake glacier disaster

Magnitude 5 Quake Jolts Tibet Days After Deadly Glacier Collapse

September 3, 2026
Facebook Twitter Youtube RSS

ABOUT US

News, as it should be covered, has been the forte of Pragativadi over the years. And this has ensured a classy readership encompassing the who’s who of the state. The people who matter in Odisha, depend on Pragativadi. For opinion leaders, decision makers and people with surplus disposable income Pragativadi is a must.

Follow us on social media:

E-Library

Chayanika

by Yajati Rout
December 16, 2025
0

Unmesha

by Yajati Rout
December 16, 2025
0

© 2026 Pragativadi

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • Crime
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Tech
  • E-Library
  • Photos
  • Quiz

© 2026 Pragativadi