Public marks with tag chidambaram Public marks with tag chidambaram http://blogmarks.net/marks/tag/chidambaram Inflation changes Chidambaram's tone on rate cuts http://www.ndtvprofit.com/2008/03/15192217/Inflation-changes-Chidambaram.html With inflation again creeping up to worrisome levels, Finance Minister P Chidambaram on Saturday virtually ruled out any government intervention to ease interest rates. Chidambaram, who hoped for cheaper credit at least on housing one week ago, changed his tone on Saturday saying the Reserve Bank of India (RBI) would determine rate policies. 2008-03-15T14:57:55Z Hemanshu inflation, chidambaram, interest rates

Inflation changes Chidambaram's tone on rate cuts

by Hemanshu

With inflation again creeping up to worrisome levels, Finance Minister P Chidambaram on Saturday virtually ruled out any government intervention to ease interest rates. Chidambaram, who hoped for cheaper credit at least on housing one week ago, changed his tone on Saturday saying the Reserve Bank of India (RBI) would determine rate policies.

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