Business
The State Bank of India (SBI) has suspended all international trade and foreign currency transactions for Nayara Energy, citing concerns over potential exposure to U.S. tariffs and European Union sanctions linked to the company’s partial Russian ownership. Compliance Over Commercial Considerations The decision, taken as a precautionary compliance measure, reflects growing
Business
Chinese authorities have issued guidance urging public and private entities to avoid using Nvidia’s H20 AI chips, particularly in projects linked to government or national security. The H20, designed as a scaled-down version of Nvidia’s advanced processors to comply with U.S. export controls, is now discouraged in sensitive applications. Concerns Over Security and Push for
International
India and Kazakhstan have held high-level defence consultations to strengthen military cooperation. A Kazakh delegation led by Lieutenant General Sultan Kamaletdinov, First Deputy Minister of Defence and Chief of the General Staff, met with Indian defence leaders including Chief of Defence Staff General Anil Chauhan, Army Chief General Upendra Dwivedi, and Minister of