By Indranil Sen Gupta The recovery can be expected to remain shallow with the CLSA Activity Index still weak. After all, it is constrained by weak demand and a slowing US economy thanks to Fed tightening to reduce inflation. The only support for growth comes from soft real lending rates. Despite rising growth risks, the […]
By Mandar Kagade The Reserve Bank of India (RBI) issued a draft regulatory framework for Online Export Import Facilitators (OEIF) recently. The framework concerns payment intermediaries (Online Payment Gateway Service Providers, or OPGSPs, in the earlier iteration of regulatory vocabulary) that work with Authorized Dealer banks under the Foreign Exchange Management Act to facilitate inward […]
UK Business Forums reacts to Rishi Sunak’s Cost of Living announcement Richard Osborne, CEO and founder of UK Business Forums (UKBF), said: “The cost of living crisis is a desperate situation for both businesses and huge swathes of our society, yet today’s announcement seemed to ignore the reality and severity of what thousands of small […]
As Sunday Times Rich List shows record number of UK billionaires, their gains should be taxed the same as income from work Huge increases in wealth at top during pandemic shows how ‘wealth often begets more wealth’, think tank says Calls for redistribution through higher taxes on income from wealth, and scrapping council tax for […]
The Institute of Directors has published a white paper ‘The Green Incentive: how to put net zero at the heart of business planning’. The policy paper sets out four specific medium-term recommendations which would incentivise businesses, and particularly smaller businesses, to play their part in decarbonising the economy. The Government has set a national climate […]