Gold prices are expected to reach Rs 22,000 per 10 grams by the end of the year as financial institutions may divert investments to gold from stocks due to market uncertainty. India is likely to raise interest rates for the fifth time in six months to combat inflation which remains high at nearly 10%. A new heliport in Delhi will be operational by mid-September to serve the region and boost travel and tourism. Food inflation accelerated to 11.47% annually while fuel inflation remained at 12.71% according to government data. Mukesh Ambani is forecast to become the richest person in the world in 2014 with a net worth of $62 billion.