India raises import tax on gold to support rupee
Local gold prices jumped to an over two-month peak of 52,032 rupees per 10 grams.

Local gold prices jumped to an over two-month peak of 52,032 rupees per 10 grams.
The Democratic president also called on states to suspend their own gas taxes or provide similar relief, and he delivered a public critique of the energy industry for prioritizing profits over production.
Juventus forward Cristiano Ronaldo is expected back in Madrid on Tuesday to attend a trial for tax evasion where Spanish prosecutors are asking for a 23-month prison sentence and fine.
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President Mauricio Macri is seeking a deal with the IMF to accelerate a $50 billion loan program.
The new austerity measures, announced Monday, were prompted by a 16 percent slide in the value of the peso last week, bringing the local currency's losses to almost 50 percent against the dollar so far this year.
Argentina's Economy Minister Nicolas Dujovne heads to Washington on Monday to thrash out a hastily revised loan deal with the International Monetary Fund to help revive South America's second-largest economy.