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Taylor Morrison CEO Sheryl Palmer discusses the headwinds facing the housing market after a drop in August on existing home sales on 'The Claman Countdown.'

Bitcoin may be a relatively new technology. It can still follow some pretty old market maxims. Back in October postings on X, formerly known as Twitter, suggested that the U.S.

rupee posted its biggest weekly loss in over two months, even as it closed stronger on Friday tracking a rise in its Asian peers and aided by dollar sales from large foreign banks. The rupee ended at 83.14 against the U.S. dollar, compared to its previous close at 83.2775. The rupee's gains on Friday were aided by dollar sales from two large foreign banks, likely on behalf of custodian clients, a foreign exchange at a private bank said. For the week, however, the currency declined 0.16%, its worst week since Oct.

Tribhuvan Chauhan, Patna, Bihar

Japan on Friday finalised its record 7.7 trillion yen ($54.25 billion) defence budget for fiscal 2024, the second consecutive year in which the country increased defence spending by about a trillion yen from the previous year. The approved budget keeps Japan on track to boost military spending by 43 trillion yen over five years as it seeks to bolster defences in a complex security environment with an increasingly assertive China and unpredictable North Korea. The 2024 budget for the year starting April represents an increase of about 17% from the previous year's spending of 6.6 trillion yen. It includes over 200 billion yen to strengthen cyber capability as well as funding to start building ballistic missile defence warships with Aegis combat systems, the defence ministry said, estimating the cost per vessel at about 400 billion yen. A collapse in the yen has complicated Japan's defence build-up, sources previously told Reuters, forcing the government to initially reduce its defence procurement plan as the currency has lost 10% of its value against the U.S.

Sanjiv Bhasin, Director, IIFL Securities, says “Commodities are back. Steel prices are going to go through the roof. Tata Steel is a clear outperformer. Before the budget, you will see Rs 170 on Tata Steel. Second pick would be Ashok Leyland. On a year-on-year, there has been a 9% increase in their sales in commercial vehicles. Tata Steel and Ashok Leyland are my two favourites. On the trading side, HDFC and Reliance are now the big heavyweights which will drive the index back to 21,500 and beyond.” I have been observing your commentary for almost a fortnight now, you are positive, but at the same time, you are nudging the investors. If you are sitting on very fat profits, do take some profit off the table as well. So, what is the positioning right now in the market? Sanjiv Bhasin: We have been cautioning you that the midcap rally was unsustainable, it needed a sharp correction. And you got a sharp correction of 3.5% on a single day and beyond. But that is where the feeling of missing out is tremendous. Mutual funds are sitting on cash and they try to time the market which is unfortunate and that is why they are now latching on to any correction.

That said, keep a closer eye on Retik Finance (RETIK), a newly launched project that is developing a comprehensive ecosystem and building a wide range of decentralised products that will continue to resonate with millions of people worldwide.

Salaar: Part 1- Ceasefire’, the much-awaited Prabhas-starrer hit the big screens on Friday. The Prashanth Neel directorial is all set to become one of the biggest blockbusters of the year. Moments after the movie was released, fans of the Telugu superstar flooded X (formerly Twitter) and lauded Neel’s direction, as well as the performance of the leads. One fan described the movie as a visual extravaganza. “Just finished watching #SALAAR it’s technically strong and a visual wonder. Perfect film for #Prabhas Garu after #Bahubali goosebumps every time he is on screen. congratulations to the entire team of @hombalefilms… #PrashanthNeel you have given us a Visual Spectacle. MUST WATCH,” reads the post. Another fan waxed poetic about the ‘Baahubali’ star’s magnetic screen presence, another Prabhas admirer wrote, “What a Screen presence of R E B E L S T A R.” Another hailed Prabhas as India’s biggest star and remarked that this was his strongest comeback. “KING #Prabhas RECLAIMING BACK HIS THRONE (Indian cinema)… GREATEST COMEBACK OF INDIA's BIGGEST STAR,” reads the tweet. Another wrote, “Enough of pan India… enough of experiments… this is the Rebel Star we were missing since one decade… this is the fuckin violent mental #Prabhas we want… that's it… My Rebel God is backkk.” Cricket enthusiast CricCrazyJohns tweeted that the movie was goosebump-inducing and praised Neel for creating an engaging universe. «Goosebumps in the first half, the build up for Prabhas was just fire. Welcome to the world of Prashant Neel with Salaar,» they wrote.

sovereign gold bonds (SGBs), considered suitable for risk-averse senior citizens who prioritize assured regular income and minimal capital risk. The past eight years have proven to be notably favourable for SGBs, showcasing their capacity for providing both consistent income and capital appreciation. Let’s delve into a detailed examination of their performance: Average annual return: Over the past eight years, SGBs have yielded an average annual return of approximately 13.7%.

Jammu and Kashmir, officials said on Friday. The attack took place in Dhatyar Morh between Dhera Ki Gali and Bufliaz, under the jurisdiction of Surankote police station on Thursday.

Taking cues from the price of yellow metal in the international market, MCX February gold futures were trading at Rs 62,748 per 10 grams in the opening trade, up Rs 245 or 0.39%. Meanwhile, the March Silver futures were trading at Rs 75,683 per kg, higher by Rs 257 or 34%.

Azad Engineering IPO: The initial public offering (IPO) of Azad Engineering Limited opened for subscription on 20th December 2023 and it will remain open for bidding till 22nd December 2023. This means Azad Engineering IPO will close today evening and investors have just one day in their hand to apply for the public issue. The aerospace components and turbines maker company has fixed Azad Engineering IPO price at ₹499 to ₹524 per equity share.

first-day earnings of ‘Dunki’, the much-awaited Shah Rukh Khan-starrer have been unexpectedly modest. According to a report by the Indian box-office tracking portalSacnilk.com, the Rajkumar Hirani directorial collected about Rs 30 crore on its opening day. Although many cities in North India showed a lukewarm response to the movie, ‘Dunki’ performed well in the city of Hyderabad. Additionally, the film was met with an enthusiastic response in regions such as Rajasthan, Uttar Pradesh, Delhi, and West Bengal. Taking to X (formerly Twitter), Box Office Worldwide shared the first-day collections of the movie (Rs 31-33 crore) and called it a “fantastic” figure for a social comedy-drama genre. “#Dunki is taking a solid opening of 31.5-33 cr on day 1, which is FANTASTIC for this social drama genre and given a mid-week release! There are reports of phenomenal audience response from cinemas, like all Hirani films this one is also going to trend strongly from here,” reads the post. ‘Dunki’s lukewarm first-day collections (in comparison to SRK’s previous releases ‘Pathaan’ and ‘Jawan’, led detractors to troll the superstar and Hirani on X. The words “SRK’s Disaster Donkey’ trended on the microblogging platform. “#Dunki is Raju Hirani's Weakest film, It's a Borefest of Epic Proportions, Shahrukh's acting and accent is Cartoonish, You will be scrolling your mobiles in the 2nd Half!” wrote one X user.

Catch Live Market Updates here The domestic equity market ended higher on Thursday amid across-the-board buying as investors remained upbeat on India’s growth prospects. The Sensex ended 358.79 points, or 0.51%, higher at 70,865.10, while the Nifty 50 gained 104.90 points, or 0.50%, to settle at 21,255.05. “Market is likely to move in a range as investor participation is expected to gradually decline globally ahead of the Christmas and New Year holiday," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

₹6,199 per gram. The Sovereign Gold Bond scheme presents an attractive option for those reluctant to acquire physical gold due to safety concerns. Investors in this scheme receive compensation at a fixed rate of 2.50 per cent per annum, paid semi-annually based on the nominal value.

Zomato, One 97 Communications (Paytm) and FSN E-Commerce Ventures (Nykaa) — improved their ET500 ranks in FY23, Delhivery slipped lower. The sharper focus on the post-listing financials of startups has tempered the exuberance while forcing companies to shift focus from gross merchandise value to unit economics and profitability. The funding winter has added to the pressure on new-age companies to tighten belts and reorient their business.

The latest release of sovereign gold bonds (SGBs) has attracted a surge of eager investors, both online and offline. The continuous growth of gold prices surpassing the current inflation rate has prompted individuals to invest their funds in gold.

Hyperloop One, the futuristic transportation company building tube-encased lines to zip passengers and freight from city to city at airplane-like speeds, is shutting down, according to people familiar with the situation.

Here’s what to know about the issue, and what to do if it happens to you.

The Federal Trade Commission is proposing sweeping changes to a decades-old law that regulates how companies can track and advertise to children, including turning off targeted ads to kids under 13 by default