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India Finance Minister Rejects More Rate Cuts
Wall Street Journal By NIRMALA MENON AND SUDEEP REDDY WASHINGTON—India's Finance Minister, Pranab Mukherjee, said it was "not possible" to cut interest rates further, despite calls by industry to slash further to boost domestic investment and kick-start economic growth. India seeks to calm US concerns over tax move Coalition politics behind slow reforms but UPA committed: Pranab India Says Geithner, Mukherjee Discussed Tax Proposals |