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Hovnanian Enterprises Chairman, CEO and President Ara Hovnanian reacts to rising homebuyer confidence due to declining mortgage rates on The Claman Countdown.

Outward remittances by resident Indians declined 37% in October, the first month after the government stepped up tax deductions at source on such expenses, data from the Reserve Bank of India (RBI) showed. In October, outward remittances under the liberalised remittances scheme, or LRS, fell to $2.1 billion from $3.5 billion in September. All major heads — overseas travel, educational expenses, maintenance of close relatives, and investments in deposits and equities — fell sharply. Among all major eligible segments for remittances, overseas travel accounted for 63 percent of outward remittance during the month and fell 22 percent to $ 1.4 billion from $ 1.8 billion in September.

FOX Business' Gerri Willis reports on a new Federal Reserve study which found more than 70% of the nation's wealth is owned by those over the age of 55.

the Prime Minister, the Leader of Opposition in the Lok Sabha or leader of the largest Opposition party in the House, and the Chief Justice of India (CJI). Dropping the CJI from the selection committee, the new Bill proposes that the "Chief Election Commissioner and other Election Commissioners shall be appointed by the President on the recommendation of a Selection Committee consisting of—(a) the Prime Minister—Chairperson; (b) the Leader of Opposition in the House of the People—Member; (c) a Union Cabinet Minister to be nominated by the Prime Minister—Member." The Bill, however, wasn't passed without a little resistance.

Murli Manohar Joshi, Lal Krishna Advani or Digvijaya Singh, they will not be given the invitation," he said. Earlier this week, the Shri Ram Janmabhoomi Teerth Kshetra Trust had sent out an invitation on their behalf to Sonia Gandhi and Congress President Mallikarjun Kharge for the consecration ceremony of Ram Mandir.

chief ministers of a prime ministerial candidate that no one is really RaGa about. Part of I.N.D.I.A., West Bengal and Delhi CMs Mamata Banerjee and Arvind Kejriwal have suggested Mallikarjun Kharge as the oppositional startup's candidate for the top job. The Congress president and leader of the opposition in Rajya Sabha doesn't quite tick the boxes we have come to tick when thinking pradhan mantri.

Indian air traffic control is in the midst of a major change. Due to a significant increase in surveillance capabilities by Airport Authority of India (AAI), from 1 January, air traffic controllers will be able to halve the lateral separation between two aircraft leading to more efficient use of airspace from 10 nautical miles (18.5 km)to 5 nautical miles.

protesting wrestlers will not face any sort of vendetta politics and they will get the required support from the new federation, outgoing WFI chief Brij Bhushan Sharan Singh said on Thursday after the panel backed by him emerged victorious in the keenly-followed elections. Brij Bhushan, who is facing sexual harassment charges from women wrestlers, assured that the new dispensation will work impartially. Rio Olympics medallist Sakshi Malik, though, announced her retirement from the sport, saying she won't compete under the presidency of a man, who is backed by the former WFI boss.

Lok Sabha had approved these on Wednesday. The bills that repeal and replace the Indian Penal Code, Code of Criminal Procedure and the Indian Evidence Act will usher in a new era in the criminal justice system, Home Minister Amit Shah said while replying to a debate in the Upper House of Parliament. The Bharatiya Nyaya (Second) Sanhita, Bharatiya Nagarik Suraksha (Second) Sanhita and the Bharatiya Sakshya (Second) Bills will now go to the president for her assent, upon which these will become laws.

WFI elections triggered another row. After the election results, wrestler Sakshi Malik said he is "quit wrestling" if "Brij Bhushan Singh's business partner and a close aide is elected as the president of WFI". Brij Bhushan Singh held the post of WFI chief before Sanjay Singh.

100 MPs now suspended from Lok Sabha as Opposition leaders protest, total tally reaches 146 "The biggest challenge is that the people holding constitutional positions, who are responsible for providing protection to the opposition MPs, are themselves becoming a part of party politics and doing politics using caste, region and occupation as their shield," Mallikarjun Kharge said at the CWC meet, adding, "[There is a] conspiracy to convert Parliament into platform for ruling party." "Country [is] watching how BJP is strangulating democracy by arbitrarily passing key bills without discussion," Mallikarjun Kharge said. Addressing party leaders at a crucial meeting of the Congress Working Committee (CWC) at the AICC headquarters in New Delhi, Mallikarjun Kharge said the Congress has learnt valuable lessons from its mistakes in the Assembly elections and is "committed to not repeating them".

The EUR/USD pair has been struggling but still largely edging higher in recent times, as it looks to finish the month and year in positive territory.

Lok Sabha polls are just months away, the BJP in Kerala resumed its 'Sneha Yatra' on Thursday -an outreach programme aimed at connecting with the Christian community in the state. The saffron party initially launched the initiative during this year's Easter. In a recent state committee meeting, the party decided to resume the yatra during the Christmas season.

Wells Fargo & Co. is now the first major US bank to have a unionized workforce.

Investing.com — U.S. stock futures rose Thursday, bouncing after the previous session’s sharp retreat, helped by falling Treasury yields and a healthy outlook from chipmaker Micron.

Investing.com -- U.S. stock markets slump as a December rally pauses, while Treasury yields dip as traders stick to bets that the Federal Reserve will roll out interest rate cuts early next year. Elsewhere, Micron (NASDAQ:MU) delivers a stronger-than-anticipated current-quarter revenue outlook, fueling a premarket jump in shares in the closely-watched memory chipmaker.

sexual harassment accused Brij Bhushan Sharan Singh. He won most of the posts in the delayed polls as outgoing chief Brij Bhushan Sharan Singh gained indirect control over the sports body. Also Read: Wrestlers' Protest: ‘Will force govt to change POCSO Act’: WFI chief Brij Bhushan Singh garnered 40 votes against the seven that his rival Anita Sheoran got in the WFI elections held on Thursday.

The Federal Deposit Insurance Corporation (FDIC) has recently implemented a new rule governing the use of its official signs and advertising, potentially influencing public perception of certain crypto firms. 

₹89 per litre, enhancing prospects of profitability for truckers like VRL. Furthermore, in FY23 and the first half of FY24, VRL divested its non-core businesses to focus on goods transportation or less than truckload (LTL) operations. This shift comes as the government intensifies compliance in the logistics sector, favouring established companies.

₹50,000 crore more fund under SWAMIH to complete stalled housing projects across the country, saying this will benefit consumers as well as the industry. The National Real Estate Development Council (NAREDCO) has suggested the finance ministry to come up with a second tranche of the Special Window for Affordable and Mid-Income Housing (SWAMIH) fund with ₹50,000 corpus in the upcoming Union budget for 2024-2025 fiscal year. In 2019, the Centre had created SWAMIH fund to complete stalled projects.

ANI. Meanwhile, Congress chief Mallikarjun Kharge will be holding a meeting with top party leaders today to discuss the party's strategy for the upcoming Lok Sabha polls. The meeting will be attended by Sonia Gandhi, and Rahul Gandhi and this will be the first meeting of the top Congress leadership after the party's debacle in recently held assembly elections in five states.