Topic
license
Regulations & Compliance Product Standards #fda#high court
Bombay HC Directs FDA to Pay Sweets Seller Rs 5 Lakh for Not Lifting Suspension
The Bombay High Court directed the Food and Drugs Administration (FDA) to pay Rs 5 lakh compensation to Pune-based M/s Gurunanak Dairy and Sweets for failing to revoke its food licence suspension despite 98% compliance. The court vacated the June 12 suspension order and allowed the retailer to restart its dairy and sweets business.
Aug 17, 2026 1 source
Trade Sanctions & Embargoes #us#iran
US revokes Iranian oil sanctions waiver after three tankers hit in Strait of Hormuz
The United States revoked a sanctions waiver allowing Iranian oil sales after three tankers were hit by projectiles in the Strait of Hormuz. The license, issued under an interim US-Iran agreement, was lifted due to Tehran's 'unacceptable' actions. Iran condemned the move as a breach of the deal.
Jul 8, 2026 1 source