Incidentally, the Reserve Bank of India (RBI) Governor, Raghuram Rajan, has single-handedly brought a huge slowdown to the Indian manufacturing sector and exports. As a doctor, he has believed that the best way to bring down the temperature of a patient (i. e., inflation) is to kill him (investment starvation).
Raghuram RajanRelated topics
bank best doctor governor india indian inflation investment kill manufacturing patient reserve sector starvation temperature way slowdown rbiRelated quotes
The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.
Mark Skousen
What we deplore is not that the gate of western knowledge was thrown open to Indians, but that such knowledge was imported to India at the sacrifice of our own cultural heritage. What was needed was a proper synthesis between the two systems and not neglect, far less destruction, of the Indian base.
Syama Prasad Mookerjee
From a spinner's perspective, in India it was never easy for me to judge where to stand: how far forward, how far back, because on Indian wickets the ball does not carry as much as abroad. That is true of slip fielding in general. I wouldn't say only for spinner – even for a fast bowler, that holds true.
Rahul Dravid
Hyperinflation is not going to happen in this country, will never happen... The Fed putting so much money into the system is not going to create the risk of hyperinflation in the future. We have a strong independent Federal Reserve with a very strong mandate from the Congress, and they will do what's necessary to keep inflation low and stable over time.
Timothy Geithner
I would like to see the Punjab, North-West Frontier Province, Sind and Baluchistan amalgamated into a single State. Self-government within the British Empire, or without the British Empire, the formation of a consolidated North-West Indian Muslim State appears to me to be the final destiny of the Muslims, at least of North-West India.
Muhammad Iqbal
