Arjuna Mahendran Quotations

Remember, the Bank of Japan has to establish its credibility as an independent player in the financial markets and this was an opportunity they could not resist.

This time they felt that the underlying indicators were much more resilient.

The fact that the talks are resuming is a big positive. But it's going to be a slow process.

Indian manufacturing is constrained in its growth by the fact that it just can't ship goods in and out fast enough to compete with Chinese delivery time. India needs to really focus on this aspect if it is going to grow at anything above 7 percent.

Unlike in the 1980s and 1990s, this time the Japanese are going to be more circumspect and invest in their end markets, which would include Europe and the United States.

State companies winning deals because of government-to- government interaction has become a rule rather than an exception. This will increase competition for multinational companies in acquiring oil and gas assets.

China has to move to a more flexible foreign currency trading system, no question about that. You might see two or three moves to widen the band, say to 0.5 percent.

This is an attempt by Indonesia to try and supplement their oil output because they have not been very successful in inviting foreign investment into their country to boost domestic production.

As we go into the driving season we will see further tightness in supply and demand.

It will be a good thing if they pull this off. It was a calculated move and they were worried about what they did in 2000 when they prematurely raised rates.