The US dollar fell against other major currencies amid market concerns that a split US Congress would affect Washington’s economic policy-making over the remainder of President Donald Trump’s term.

In late New York trading on Wednesday, the euro rose to $1.1454 from $1.1412 in the previous session, and the British pound increased to $1.3146 from $1.3093 in the previous session, Xinhua news agency reported.

The Indian stock markets BSE, NSE will be closed today on the occasion of Diwali Balipratipada. Yesterday, the Sensex and Nifty logged their best Muhurat trading session in 10 years. Kicking off Samvat 2075, the Sensex ended Diwali Muhurat session with gains of more than 245 points, even as the Nifty 50 gained about 70 points. Sensex ended the session 245.77 points higher at 35,237.68, while the Nifty 50 zoomed about 68.4 points to 10,598.40.

The Kerala government is preparing to set up a nano space technology Park with technical support from the Indian Space Research Organisation (ISRO). An MoU (memorandum of understanding) on this will be signed soon.

The state Cabinet has given the go-ahead for the space park initiative with the Vikram Sarabhai Space Centre (VSSC), the rocket science node of the ISRO, sources in the Kerala CMO told FE. The facility is likely to start functioning from June 2019.

Aiming to leverage the latest developments in the telecom sector to offer services like self-driving vehicles and robotic surgery under the Digital India mission, the Department of Telecommunications (DoT) is considering offering frequency bands like 24 GHz, 27 GHz and 31 GHz for launching fifth generation, or 5G, services.

Tata Steel's upcoming special economic zone (SEZ) at Gopalpur in Odisha has started investing in creating infrastructure under the first phase of the project, just days ahead of approval expiry deadline in the middle of November.

With the receipt of environmental clearances, Tata Steel has started putting in the first phase of investment of about Rs 390 crore on the required infrastructure, an official of Tata Steel told DNA Money.

Every year, the United Nations releases the Human Development Index.

The HDI is like a country’s report card. In a single number, it tells policymakers and citizens how well a country is doing. This year, Norway was at the top of the class, while Niger finished last.

India has to move from vertical to comprehensive programmes, improve quality and access, hire more mid-level health workers and increase funding to improve primary care for achieving universal health coverage, public health experts told IndiaSpend.

That health is not “merely the absence of disease or infirmity”, but “is a fundamental human right” was proclaimed 40 years ago in the Alma-Ata declaration in Kazakhstan in 1978.

The BSE Sensex regained the 35,000-mark by recovering over 200 points at the start of the last trading session of the Samvat year 2074 on Tuesday on buying in auto, banking and metal stocks amid fresh foreign fund inflows and encouraging corporate earnings.

The 30-share index gained 207.21 points, or 0.59 per cent, to 35,158.13. It had lost near 61 points on Monday. The National Stock Exchange’s Nifty too was trading higher by 54.90 points, or 0.52 per cent at 10,578.90.

Bitcoin bulls are in for some long-awaited good news: technical indicators show the biggest cryptocurrency could be poised for gains.

A look at the long-term trend lines in Bitcoin’s Directional Movement Index (DMI) shows it entered a new bullish phase. In addition, the price trends broke out of their VERA band upper limit, widely considered an encouraging sign. The digital token could see a rise as it approaches year-end.

IT outsourcing giant Tata Consultancy Services needs to offer a good explanation for why engineers hired at its American outposts are 13 times as likely to be fired if they’re not South Asian.

The company is set to go on trial in California over racial discrimination claims by American workers who lost their jobs at TCS offices in the US because they hadn’t been assigned to any of its clients.

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