To be precise

“No matter what our discomfort with some categories of participatory notes that have been issued by market, the instrument is here to stay”
M. Damodaran, Chairman, SEBI, in Mint

“Ask one billion people, and 99 per cent of them are going to say they want a car. The problem is: how many can afford it?”
Jagdish Khattar, MD, Maruti Suzuki India, in International Herald Tribune

“This country is not short of skills or brains. What we lack, and what I think we always have lacked in this country, is effective management”
Sheila Dikshit, Chief Minister of Delhi, in McKinsey Quarterly

“It’s no secret that India is becoming the sport’s (cricket’s) financial powerhouse”
James Fitzgerald, ICC spokesman, in Newsweek

“There are two faces of Asia—one is shimmering, the other is shivering. Unless the problem is addressed, shivering Asia will totally eclipse the shimmering part”
Ifzal Ali, Chief Economist, ADB, in Bloomberg

“After years of frenzied lending, the music has stopped. As lenders pick up the pieces, musclemen have become visible as banks and other financial institutions step up their recovery efforts”
S.S. Tarapore, former Deputy Governor, RBI, one the use of musclemen as loan recovery agents, in Hindustan Times

“Allow me to point out the irony of this situation. Countries that were references of good governance, of standards and codes for the global financial system are now the same countries where financial problems are threatening to wreck global prosperity”
Guido Mantega, Finance Minister, Brazil, on the recent US subprime crisis, in The New York Times

“In India, all it takes is a little deregulation, and whole sectors go from sleepy oligopolies to highly competitive environments overnight”
Nandan Nilekani, Co-Chairman, Infosys Technologies, on the “India model of development”, in Fortune