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Over 1,600 wilful defaulters owe Rs 1.62 lakh crore to PSU banks: Finance Ministry
Posted in Business

Over 1,600 wilful defaulters owe Rs 1.62 lakh crore to PSU banks: Finance Ministry

Estimated read time 3 min read
Posted on July 22, 2025
by Joelgalvan

In a significant disclosure, the Ministry of Finance revealed that as of March 31, 2025, 1,629 corporate borrowers have been…

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Air India was served with nine notices for safety violations in the last six months: Aviation ministry
Posted in Business

Air India was served with nine notices for safety violations in the last six months: Aviation ministry

Estimated read time 2 min read
Posted on July 22, 2025
by Joelgalvan

Air India was served with nine notices in connection with safety violations, said the Civil Aviation ministry in a response…

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‘Too early to draw conclusions on Air India mishap,’ says Civil Aviation Ministry
Posted in Business

‘Too early to draw conclusions on Air India mishap,’ says Civil Aviation Ministry

Estimated read time 3 min read
Posted on July 17, 2025
by Joelgalvan

The Aircraft Accident Investigation Bureau, an independent body under the Ministry of Civil Aviation, has urged the public and media to…

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Defense Ministry to receive extra NIS 42b
Posted in Business

Defense Ministry to receive extra NIS 42b

Estimated read time 2 min read
Posted on July 17, 2025
by Joelgalvan

After months of heated negotiations, the Ministry of Finance and Ministry of Defense have reached agreement on providing budget…

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Defense Ministry chief pushing for Israel Aerospace TASE IPO
Posted in Business

Defense Ministry chief pushing for Israel Aerospace TASE IPO

Estimated read time 5 min read
Posted on July 17, 2025
by Joelgalvan

Since becoming Ministry of Defense director general in March, Amir Baram has led a substantial change in the pace…

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Govt expects FY26 capex to exceed estimates: Finance Ministry sources
Posted in Business

Govt expects FY26 capex to exceed estimates: Finance Ministry sources

Estimated read time 2 min read
Posted on July 9, 2025
by Joelgalvan

The government is optimistic about its capital expenditure (capex) plans for FY26 and expects the allocation for the current financial…

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Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors
Posted in Business

Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors

Estimated read time 2 min read
Posted on June 12, 2025
by Joelgalvan

The finance ministry has amended rules to allow Indian companies, engaged in sectors where the foreign direct investment (FDI) is…

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Transport Ministry allocated NIS 40m for advertising fare reform
Posted in Business

Transport Ministry allocated NIS 40m for advertising fare reform

Estimated read time 4 min read
Posted on June 10, 2025
by Joelgalvan

Public transport fares are about to rise by nearly 50% within two months, and the Ministry of Transport has…

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GST 2.0: Finance ministry holds discussions with industry representatives
Posted in Business

GST 2.0: Finance ministry holds discussions with industry representatives

Estimated read time 2 min read
Posted on June 4, 2025
by Joelgalvan

  Strap: Surabhi The Union finance ministry has held discussions with industry representatives over concerns around the goods and services…

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Defense Ministry: Drones already intercepted by laser systems during war
Posted in Business

Defense Ministry: Drones already intercepted by laser systems during war

Estimated read time 2 min read
Posted on May 28, 2025
by Joelgalvan

During the war, Israel’s Ministry of Defense Directorate of Defense R&D (DDR&D) (MAFAT), the Israel Air Force and Rafael…

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