India’s battle against inflation isn’t over yet, according to a report by the Reserve Bank of India. An uptick in food prices during June, led by tomatoes, was attributed to the onset of the monsoon season and corroborates the monetary policy committee’s decision not to abandon inflation fighting measures. India needs to focus on supply side management to contain overall inflation volatility, the report noted.
Gold prices continue to drop amid a strong dollar and US inflation concerns; check rates in your city
Gold prices have dropped by around 6% since Diwali, pressured by a stronger US dollar and rising inflation concerns. The price of 24-carat gold fell