sanctions News

RBI Lifts Sanctions on Asirvad Micro Finance and DMI Finance, Signaling a New Chapter

The Reserve Bank of India (RBI) has lifted sanctions on Asirvad Micro Finance and DMI Finance, allowing them to sanction and disburse loans again. This decision follows corrective ...

China Escalates Tensions: New Sanctions on US Firms for Taiwan Arms Sales

China has announced new sanctions against seven US military firms and executives involved in arms sales to Taiwan, in response to the US's increased military assistance to Taiwan t...

Syria's Largest Oil Refinery Shuts Down: A Glimpse into the Country's Energy Crisis

Syria's largest oil refinery, Baniyas, has stopped operations due to the suspension of crude oil supplies from Iran. The refinery, which processes between 90,000 and 100,000 barrel...

India's Russian Oil Imports Plummet to Six-Month Low: What's Behind the Drop?

India's imports of Russian crude oil dropped by 55% in November, the lowest since June 2022, despite Russia remaining the largest oil supplier to India. This decline follows intern...