"The explosion of financial innovation unaccompanied by credible systemic regulation has made the financial system vulnerable. The resulting crisis of confidence threatens global prosperity in the increasingly interdependent world in which we live. There is, therefore, a need for a new international initiative to bring structural reform in the world's financial system with more effective regulation and stronger systems of multilateral consultations and surveillance. This must be designed in as inclusive a manner as possible."

“My brother was always glued to his books, an ardent reader and an educationist.”

“I don’t get angry, I don’t want to use harsh words. They are our colleagues and we have to work with them. But they also have to learn to work with us.”

“If our commitment to remain an open society is one of the pillars of our nationhood, the other is our commitment to remain an open economy. An economy that guarantees the freedom of enterprise, respects individual creativity, and at the same time mobilizes public investment for social infrastructure and the development of human capabilities. Indeed, it would be no exaggeration to suggest that these are the principles to which all countries will increasingly want to adhere. In relating to the world, we must never lose sight of this vital aspect of our Nationhood.”

“I am delighted to hear the popularity of Odori Maharaja among young people here. Our children were delighted to see Odori Asimo - the dancing robot!”

“When we talk of a resurgent Asia, people think of the great changes that have come about in Shanghai. I share this aspiration to transform Mumbai in the next five years in such a manner that people would forget about Shanghai and Mumbai will become a talking point.”

“After the elections, Dr Singh did try to be more assertive, taking a view on who would be in his Cabinet and who would not, and resisting the induction of the DMK’s A. Raja and T.R. Baalu, for their unsavoury reputations. Watching from the sidelines, I had hoped he would not buckle under pressure. Dr Singh stood his ground for a day, managed to keep Baalu out, but had to yield ground on Raja under pressure from his own party. To me, it was a reiteration of the message that the victory was not his but the Family’s.”