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BusinessPhoto: NDTV BusinessOn October 16, Indian equity indices Nifty 50 and Sensex closed higher, led by gains in Private Bank, IT, and Auto sectors amid weekly Sensex contract expiry. Sensex rose 2.11% to 74,315.61, and Nifty 50 gained 1.66% to 22,997.35. In the US, Dow Jones advanced 0.58%, while S&P 500 and Nasdaq declined due to concerns over AI spending and inflation.
NDTV Business·
PoliticsPhoto: HT WorldA three-judge panel of Ohio's 10th District Court of Appeals declared the state's private school voucher program, EdChoice, unconstitutional. The court found the program violates Ohio's constitutional requirement for a thorough and efficient common school system. The ruling upheld a June 2025 decision, criticizing EdChoice for favoring private schools with taxpayer funds while allowing them broad discretion over student admissions. The program remains operational pending appeal.
HT World··Columbus
PoliticsPhoto: Economic TimesCentral Park in Connaught Place will be closed to the public on October 16 and 17 due to administrative reasons, as per a notice from the New Delhi Municipal Council. This closure precedes the CJP's planned 'Lehra do Tiranga' march in the area. Visitors should plan accordingly for these dates.
Economic Times··New Delhi
WorldPhoto: Economic TimesA collision between a freight train and a coach in Coquelles, northern France, injured at least 19 people. None of the injuries are life-threatening. The local prefect's office confirmed the incident and sent emergency services. The coach driver was among the injured. Authorities are investigating the cause but have not released further details.
Economic Times··Coquelles
BusinessPhoto: ET MarketsUS stocks closed higher with the S&P 500 rebounding after a rocky start, driven by gains in healthcare and consumer sectors. Investors moved away from technology stocks amid concerns over AI sector debts. Eli Lilly and UnitedHealth shares rose following positive Deutsche Bank evaluations, while Broadcom and Nvidia faced declines.
ET Markets·
PoliticsPhoto: TOI WorldGreek President Konstantinos Tasoulas has not arranged an official farewell for Kimberly Guilfoyle as she ends her ambassadorship. Normally, ambassadors receive a grand send-off, but Guilfoyle faces accusations of misconduct. Her resignation followed a clear directive from the White House, reflecting the turmoil surrounding her departure.
TOI World·
NDTV Business·
Photo: NDTV BusinessOn October 16, Indian equity indices Nifty 50 and Sensex closed higher, led by gains in Private Bank, IT, and Auto sectors amid weekly Sensex contract expiry. Sensex rose 2.11% to 74,315.61, and Nifty 50 gained 1.66% to 22,997.35. In the US, Dow Jones advanced 0.58%, while S&P 500 and Nasdaq declined due to concerns over AI spending and inflation.
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