MUMBAI (Reuters) – India’s economy is expected to grow 5.5% in the next financial year, a notch below the expected potential rate of 6%, as growth momentum in the country was slowing gradually, an economist at HSBC said on Thursday. The Indian economy grew 8.7% in year ended March 2022, and is expected to grow …
India’s FY24 growth to dip to 5.5% from 6.8% in FY23 – HSBC economist Read More »
NEW DELHI (Reuters) – India detected a total of 11 variants of COVID-19 in international travellers who arrived in the country during Dec. 24 to Jan. 3, health ministry sources said on Thursday. Of the 19,227 passengers who were tested for COVID-19 during the period, 124 were found positive, the sources said. (This story has …
India finds 11 Omicron subvariants of COVID-19 in international travellers Read More »
By Florence Tan and Nidhi Verma SINGAPORE/NEW DELHI (Reuters) – Russia is sending more crude oil produced in the Arctic region to China and India, and at steeper discounts, after Europe slammed its doors shut on Russian supplies last month, trade sources and data show. Arctic grades Arco, Arco/Novy Port and Varandey do not normally …
Russia sends more Arctic oil to China, India after sanctions Read More »
By Gram Slattery and Moira Warburton WASHINGTON (Reuters) – Republicans in the House of Representatives failed for a second straight day to elect a leader on Wednesday, as a faction of holdouts repeatedly defied former President Donald Trump’s call to unite behind his ally Kevin McCarthy. After three failed votes and a round of closed-door …
McCarthy fails for second day to win U.S. House speaker vote Read More »
NAIROBI (Reuters) – Kenya will not default on its debt and plans to ramp up tax collection in the next two years, President William Ruto said on Wednesday. Ruto’s government, which took over in September, has pledged to curb expensive commercial borrowing in favour of cheaper sources like the World Bank to reduce debt servicing …
Kenya will not default on its debt payments -President Ruto Read More »
By Tommy Wilkes NAIROBI (Reuters) – A year that began with no end in sight for one of the world’s deadliest conflicts finished on a note of cautious optimism in Ethiopia’s northern region of Tigray after a November ceasefire agreement. The two-year-long war has caused a dire humanitarian crisis, killing tens of thousands, leaving millions …
Ethiopia sets out on long road to peace after two years of war Read More »
By Frank Pingue (Reuters) -The Buffalo Bills said on Wednesday that safety Damar Hamlin has shown “signs of improvement” since suffering a cardiac arrest during a Monday night NFL game in Cincinnati, but that he is still in critical condition. “Damar remains in the ICU (intensive care unit) in critical condition with signs of improvement …
NFL-Bills’ Hamlin shows improvement, remains in critical condition Read More »
JOHANNESBURG (Reuters) – Activity in South Africa’s private sector expanded in December but at a slower pace than in November as high prices and power cuts continued to depress client demand, a survey showed on Thursday. S&P Global’s South Africa purchasing managers’ index (PMI) contracted to 50.2 in December from 50.6 in November, remaining just …
South African businesses expand at slower pace in December -PMI Read More »
By Nate Raymond BOSTON (Reuters) -The architect of the largest U.S. college admissions fraud scheme ever uncovered was sentenced on Wednesday to 3-1/2 years in prison for helping wealthy parents secure the admission of their children to elite universities through cheating and bribery. The sentence imposed on former college admissions consultant William “Rick” Singer by …
U.S. college scam mastermind gets longest ‘Varsity Blues’ probe sentence Read More »
By Steve Holland, Ted Hesson and Dave Graham WASHINGTON (Reuters) -The United States plans to accept up to 30,000 migrants per month from Cuba, Nicaragua, Haiti and Venezuela under a program paired with expulsions of people from those countries caught at the U.S.-Mexico border, U.S. and Mexican officials said. The expanded humanitarian program would build …
U.S. would accept up to 30,000 migrants a month in expanded program -sources Read More »
