To be precise

“One cannot say each week that the government must take some measures to bring down prices or have some solutions because you must recognise that even in a normal year, prices do rise seasonally between May and September”
Manmohan Singh, Prime Minister, to Agencies

“I had to show the world that I was quite capable of standing on my own feet, making money and creating shareholder wealth”
Vijay Mallya, Chairman, UB Group, talking about his various acquisitions, in BusinessWeek online

“Everybody is bleeding in the industry”
Bhupendra Kansagra, Promoter-Director, SpiceJet, referring to the losses airlines are incurring, in Business Standard

“The era of cheap food is over”
Praful Patel, Vice President (South Asia Region), World Bank, talking about falling productivity and high oil prices that are likely to keep global food prices at high levels for another decade, to Press Trust of India

“The future destination for the Indian BPO industry is within the country. The biggest unexplored market is pretty much here in India”
Kiran Karnik, former NASSCOM President, in Business Standard

“Young people (in particular) are fascinated by India and this is putting pressure on American universities to have more exchange programmes with universities in India”
David Mulford, US Ambassador to India, in Business Line

“I wish that instead of HP, Indian IT companies had bid for EDS. They are so focussed on profitability that they missed a chance to catapult into the big league”
Siddharth Pai, Partner and Managing Director, TPI Advisory, referring to Hewlett-Packard's $13.9-billion deal for Electronic Data Systems (EDS), in BusinessWeek online

“Earlier, there were days when we would sell 10,000 flats in a day. But now, owing to the absence of speculators, that number has fallen” Rohtas Goel, CMD, Omaxe, in The Economic Times “For the time being, at least, the ‘nice’ decade is behind us”
Mervyn King, Governor, Bank of England, in a statement on the bank’s quarterly Inflation Report, to Agencies