Economy

India’s former PM Manmohan Singh cremated with state honours

By Nidhi Verma NEW DELHI (Reuters) – The body of Manmohan Singh, the former Indian prime minister whose death has sparked outpourings of grief at home and accolades from abroad, was cremated on Sunday on the banks of the Yamuna…

Tunisia central bank keeps key rate at 8%

TUNIS (Reuters) – Tunisian central bank said on Saturday it had left its benchmark interest rate unchanged at 8%, adding that borrowing costs were consistent with the inflation outlook. Inflation will average 7% this year before dropping to 6.2% in…

Italian parliament gives final approval to government’s 2025 budget

ROME (Reuters) – The Italian Senate on Saturday passed the government’s deficit-cutting 2025 budget, giving parliament’s final approval to the package which becomes law just ahead of an end-year deadline. Prime Minister Giorgia Meloni’s third budget aims to lower next…

FDA approves injectable version of Bristol Myers Squibb’s cancer drug Opdivo

By Sneha S K and Sriparna Roy (Reuters) -The U.S. Food and Drug Administration said on Friday that it has approved an injectable version of Bristol Myers (NYSE:BMY) Squibb’s blockbuster cancer drug, Opdivo. Opdivo is part of a class of…

Canadian lawmaker to start work on defeating Trudeau government in early January

By Ismail Shakil OTTAWA (Reuters) – A Canadian parliamentary committee led by an opposition Conservative Party lawmaker will hold meetings during legislative recess in hopes of expediting the defeat of Prime Minister Justin Trudeau’s government, the lawmaker said on Friday…

India household spending on non-food items rises as urban-rural gap narrows

By Manoj Kumar NEW DELHI (Reuters) – Indian household spending on non-food items such as transport, garments and entertainment rose in both rural and urban areas in 2023/24 while outlays on staples like wheat and rice dropped, a government report…