Bank loans against jewellery rose nearly fivefold to ₹4.6 lakh crore at the end of March from ₹93,301 crore two years ago, registering a 123% year-on-year growth—the fastest across sectors, according to data from the Reserve Bank of India.
Inflation concerns prevailed in Kevin Warsh’s first FOMC meeting: Fed minutes
During its June meeting, the Federal Reserve decided to keep interest rates unchanged. Committee members expressed concerns about rising inflation and ongoing supply chain disruptions.