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Higher borrowing costs may be here to stay in India. With inflation pressures building from a weak monsoon, oil at $100 a barrel and a softer rupee, the RBI has begun tightening policy. Ruchi Bhatia explains why more rate hikes could follow. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
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Gold prices in Pakistan decreased on Wednesday in line with their loss in the international market. In the local market, gold price per tola reached Rs434,436 after a decline of Rs3,100 during the day. Similarly, 10-gram gold was sold at Rs372,458 after it fell by Rs2,658, according to rates shared by the All-Pakistan Gems and Jewellers…
