The Biden administration is considering blacklisting a number of Chinese semiconductor firms linked to Huawei Technologies Co. after the telecom giant notched a significant technological breakthrough last year, people familiar with the matter said. Such a move would mark another escalation in a US campaign to ringfence and curtail Beijing’s AI and semiconductor ambitions. It … Read more
The United States targeted Iranian and Houthi commanders and a vessel that shipped more than $100 million in Iranian commodities to businesses in China in sanctions announced on Tuesday. Mohammad Reza Falahzadeh, deputy commander of Iran‘s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF), and Ibrahim al-Nashiri, a member of Yemen’s Houthi militia, were designated under the … Read more
The Tamil Nadu government on Friday sanctioned ₹19.5 crore for the establishment of a rescue, treatment and rehabilitation centre (RTRC) for wildlife at Pethikuttai near Sirumugai in Coimbatore district. Supriya Sahu, Additional Chief Secretary, Environment, Climate Change and Forests, said the state-of-the-art centre would come up on 53 hectares and would be equipped with modern … Read more
The Tamil Nadu government has accorded sanction to prosecute BJP State president K. Annamalai for his “hate speech” against a “Christian Missionary NGO”, based on a legal opinion from the State Public Prosecutor (SPP) of the Madras High Court. According to a government order (G.O.), the legal opinion was sought based on a petition filed … Read more
.jpg?fit=%2C&ssl=1 "Andhra Pradesh Chief Minister sanctions ₹43 crore for development works in Tenali 5")
Chief Minister Y.S. Jagan Mohan Reddy interacting with farmers before releasing the benefits of YSR Rythu Bharosa-PM Kisan scheme, at Tenali in Guntur district on Tuesday. | Photo Credit: HANDOUT Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy has sanctioned ₹43 crore for various development works in Tenali Assembly constituency. He sanctioned the funds on … Read more
Ukraine’s President Volodymyr Zelensky. File | Photo Credit: Reuters Ukraine imposed sanctions against 182 Russian and Belarusian companies, and three individuals, in the latest of a series of steps by President Volodymyr Zelenskiy to block Moscow’s and Minsk’s connections to his country. “Their assets in Ukraine are blocked, their properties will be used for our … Read more
Russian S-400 anti-aircraft missile launching system. Representational file image. | Photo Credit: AFP In what could possibly have an impact on Russian arms supplies to India as the war in Ukraine drags on, Western sanctions on Moscow are impacting payments to Russian defence companies as well as reducing their access to semiconductors, according to the … Read more
India is likely to take some more time to finalise a rupee-rouble payment mechanism to directly settle transactions because of the sharp volatility in the Russian currency and the fluid geopolitical situation. “We have discussed it… Our traders also don’t see any urgency in taking payments now and are comfortable allowing it to accumulate,” a … Read more
The United States targeted Russian banks and elites with a new package of sanctions on Wednesday that includes banning any American from investing in Russia, after Washington and Kyiv accused Moscow of committing war crimes in Ukraine. The new sanctions will put full blocking sanctions in Russia’s Sberbank, which holds one-third of Russia’s total banking … Read more
The United States has started blocking Russia from making debt payments using dollars held in U.S. banks, a move designed to deplete its international currency reserves and potentially push Russia toward its first foreign currency debt default in a century. A Treasury Department spokesperson said that the action was taken Monday. It was the same … Read more