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Four India-based companies bear the brunt of U.S.’ Iran sanctions

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Summary

U.S. Treasury Secretary Scott Bessent announced ‘Operation Economic Outcast’, which essentially involved new sanctions that aim to block all potential sources of revenue for Iran

Key Facts

TypeNews

SourceThe Hindu - National

PublishedFriday, 18 September 2026

Affected Population1.4 billion citizens, 63 million MSMEs

Key Numbers

GDP: $3.9 trillion (2025 est.)

Fiscal deficit target: 4.4% of GDP

GST collection: Rs 1.87 lakh crore/month avg

PM-JAY: 55 crore beneficiaries

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Key Stakeholders

Government Context

NDA IIIBJP-led NDA

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LeftCentreRight

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Finance & Economy671 tracked→Social Protection243 tracked→

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