Mumbai, Delhi among least expensive cities

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Gateway Of India
New Delhi, Aug 25: According to a survey done by the Swiss Bank major, UBS India's Delhi and Mumbai figure under the World's least expensive cities.

This means that the nation's capital and India's financial hub are two cities that were at the bottom of the price range in the list of most expensive cities, while Oslo, Zurich and Copenhagen were ranked among the most expensive places.

This comes while India faces drought and is trying to recover from the spiralling prices.

Interestingly, many cities across less developed economies were ranked ahead of the two major Indian cities. The survey pointed out that this was because of the financial crisis and the unstable scene across the world.

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