Inflation to fall below RBI's 6 pc upper tolerance from November: Morgan Stanley

New Delhi [India], August 17 (ANI): Morgan Stanley expects retail inflation to moderate to Reserve Bank of India's 6 per cent upper tolerance target only from November. Retail inflation in India rose sharply in July to 7.44 per cent and in the process breached RBI's 6 per cent upper tolerance target, largely due to a sharp spurt in vegetable, fruit, and pulses prices.

In June too, the overall retail inflation too rose con