Author: MoorningTimes

New Delhi: First-time borrowers without a CIBIL score should not face outright rejection of loan applications, the government clarified in Parliament. Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha during the monsoon session that the Reserve Bank of India (RBI) has not prescribed any minimum credit score requirement for loan approval. RBI has advised banks and financial institutions not to reject applications solely due to lack of credit history. This enables new borrowers—whether seeking education, housing, personal, or business loans—to be assessed on other parameters such as income details, employment records, and repayment capacity, rather than a…

Campaigners have complained to the Home Office after it was revealed a councillor for Reform UK also works for the government department processing asylum and immigration claims.Paul Bean, who serves as a councillor for Crook ward at Durham county council, declared his day job as a civil servant at the Home Office in his register of interests.His role emerged after an investigation by the anti-extremism organisation Hope Not Hate. The group found posts criticising asylum seekers on a social media account they claim belongs to Bean.Paul Bean. Photograph: Durham county council“I work as an asylum decision maker for the HO…

HONG KONG — One of the United States’ strongest allies in Asia, South Korea has had a rough start with President Donald Trump — struggling in tariff talks as it spent months without a permanent leader. But its new president, Lee Jae Myung, met with Trump on Monday touting a $150 billion offering whose name is sure to appeal to the U.S. leader: “Make America Shipbuilding Great Again.”The package, which South Korean officials also refer to as MASGA, includes the construction of new U.S. shipyards, the training of shipbuilding personnel and U.S. Navy ship maintenance.It’s a key part of the…

NEWYou can now listen to Fox News articles! President Donald Trump on Monday signed a proclamation commemorating the anniversary of the Abbey Gate attack during the Afghanistan withdrawal that took the lives of 13 military service members.Trump was surrounded by Gold Star families as he signed the proclamation in the White House. “We remember these great 13 souls, but we also remember the people that were so badly injured, our soldiers, 32 of them approximately,” he said. “We understand that it should’ve never happened, should have never been allowed to have happened.”MORNING GLORY: TRUMP’S SIGNATURE QUOTE ON IRAN CEMENTS A DECISIVE…

Mumbai: The Federation of Automobile Dealers Association (FADA) has urged the government for faster implementation of the proposed GST rationalisation reforms. Even as the festive season is approaching, customers are delaying car purchases in expectation of a GST rate cut, and these delays could turn festive sales into a “whitewash” period, NDTV Profit reported, citing a letter sent by the industry body to the Finance, Commerce, and Heavy Industries Ministries. FADA has requested to prepone the GST Council meeting, which is currently set for September 3 and 4. The council will consider the proposal from the Finance Ministry for two…

The Home Office has promised a “big surge” in asylum hotel closures in the new year, with five more to shut in the coming months, as ministers face mounting pressure over the government’s record on immigration.Speaking after a weekend of protests and counter-protests over the use of hotels to house asylum seekers, Home Office minister Angela Eagle said the government had inherited a “border security system in tatters” and accused opposition parties of offering “the fag packet plans without the substance on delivery”.Nigel Farage will on Tuesday outline proposals for a sweeping deportation programme, including the mass removal of asylum…

Faced with a stalling peace push, Vice President JD Vance said Sunday that Russia had made “significant concessions” in ending its war in Ukraine.There is little public evidence, however, that Russian President Vladimir Putin has moved his ambitions an inch since launching his full-scale invasion in February 2022.Vance told NBC News’ “Meet the Press” on Sunday that the Kremlin had been “flexible on some of their core demands” — namely recognizing “that they are not going to be able to install a puppet regime” in Kyiv, and “that there is going to be some security guarantee to the territorial integrity…

NEWYou can now listen to Fox News articles! President Donald Trump and his administration are likely set to challenge a Supreme Court ruling that protected the burning of the American flag under the First Amendment with a new executive order calling for those who desecrate the U.S. flag while inciting violence or breaking other laws to face prosecution. The executive order, which Trump signed Monday morning, directs the attorney general to prosecute those who violate laws “in ways that involve desecrating the flag,” and to pursue litigation that would clarify the scope of the First Amendment as it relates to flag…

New Delhi: The Ministry of Labour and Employment on Monday highlighted that India has witnessed a remarkable increase in the female workforce participation rate, based on the periodic labour force survey (PLFS) data which shows that the women’s employment rate (WPR) grew from 22 per cent in 2017-18 to 40.3 per cent in 2023-24, while the unemployment rate (UR) dropped from 5.6 per cent in 2017-18 to 3.2 per cent in 2023-24.  This shift is even more significant in rural India, where female employment has grown by 96 per cent while urban areas have seen an increase of 43 per…

IE 11 is not supported. For an optimal experience visit our site on another browser.Now PlayingVideo shows aftermath of deadly Israeli airstrike near Gaza hospital00:36UP NEXTJournalists among the dead after Israeli airstrike hits Gaza hospital02:25Gaza City Could Be Destroyed, Israeli Defense Minister Warns00:24Global group: Famine hits parts of Gaza01:19Civilians flee Israel’s Gaza City offensive01:14U.N. calls Gaza famine preventable and blames Israel’s obstruction of aid01:38Netanyahu says Israel will begin ceasefire talks with Hamas06:59Netanyahu announces return to Gaza ceasefire negotiations00:43Funerals held in Gaza City as Israel begins new offensive00:51’Monstrous’: Trump caves to Laura Loomer, cuts off medical lifeline for Gazan kids08:27Israel takes…