Bloomberg Prime Minister Narendra Modi has something to cheer about even as economists slash India’s growth forecasts. A clutch of studies and surveys published around the World Economic Forum show that perceptions about India’s outlook are improving, closing the gap with China. The results will be heartening for Modi, who’s under fire at home for his shock currency withdrawal …

  Bloomberg President-elect Donald Trump’s pick to lead the US Food and Drug Administration should have a medical background, and the agency should continue evaluating new medications’ effectiveness, drugmaker executives said in comments indicating opposition to two candidates for the regulator’s top post. Trump’s FDA chief should be a doctor or physician-scientist with experience in clinical care and medical research, …

  Bloomberg Rolls-Royce Holdings Plc won approval from a UK judge for its settlement with British prosecutors as the US Justice Department unsealed a parallel agreement with the company in Ohio the day after the company announced it would pay $800 million in total to resolve bribery probes in both countries as well as Brazil. In London, Judge Brian Leveson …