Bloomberg Business

Raise Taxes to Curb Inflation, Leading UK Economist Tells Sunak

The UK government should raise taxes to help the Bank of England tame soaring prices if it’s serious about cutting inflation in half this year, according to Standard Chartered’s head of research for Europe and the Americas.

New Delhi Sees Wettest July Day in Decades as Rains Lash Region

India is facing the prospect of further torrential rainfall across swathes of the country over the coming days, increasing the risk of widespread damage after the wettest New Delhi day in four decades left millions wading through knee-deep water on Sunday.

India Regulator Says It Has Tightened Rules as Adani Hearing Resumes

India’s capital markets regulator told the nation’s Supreme Court it has continuously tightened rules concerning so-called beneficial ownership and related-party transactions, key aspects of a hearing into whether the Adani Group manipulated its stock price.

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