Retail inflation expected to rise further, likely to cross 4% in November: Experts

Retail inflation, which touched a seven-month high in October, is expected to rise further and cross the 4 per cent mark this month, driven by rise in vegetable and oil prices, experts say. According to global financial services majors like Nomura, BofAML and Morgan Stanley, price pressures are likely to build further in the coming months following a cyclical recovery in the economy and rise in vegetable and oil prices. “We expect CPI inflation to rise above 4 per cent in November and stay above the RBI’s target of 4…

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Two further suspects charged in Brussels bombing case

Belgium has charged two more men with terrorist offences over alleged links to the rental of a property thought to have been used as a safe house before the Brussels attacks, federal prosecutors said on Tuesday. They identified the two men charged on Monday as Smail F., born in 1984, and Ibrahim F., born in 1988 and did not say when they were detained. Under Belgian law, suspects usually need to appear before an examining judge within 24 hours. That brought to six the total of suspects caught and charged…

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