“The middle class created Prime Minister Manmohan Singh and now you want to take him apart. He is what he is… You should be proud of having created him… That’s a lot for one single story, but you have lost it” said Law Minister Salman Khurshid .
Bengal is a pillar. Bengal is a foundation state for northeastern countries. I believe Bengal is border of Bangladesh, Nepal, Bhutan. And Bangladesh is a border of Pakistan … This type of thing you are facing we started from day one. Our mission is we will do from the day one if we can do from the day one then in hundred days we will be able to deliver … in Bengal we have the potentiality … I do the bat directly. I don’t play the bat only just like a match fixing. If I want to do the things I will do it. If I bowl, I will bowled out for this and if I am ready to do the batting I will batting for the people, batting for industry and agriculture also…-said Mamata Banerjee at the Bengal Leads 2012 summit
“I’m not sure that Gold will not make a new high this year, but I think we’ve bottomed out and some gold mining shares have become very very inexpensive compared to the reserves they have.
And i think that in the current environment where it is clear that the worse the economy becomes the more the money printers will be at work, that to own a currency whose supply can not be increased at the will of some clowns that occupy the central banks is a desirable investment.” said Marc Faber
“Gold is still going to $2,000 an ounce this year,” said Michael Widmer, an analyst at Bank of America Merrill Lynch in London, who predicts a fourth-quarter average of $1,875. “It’s just going to take a little bit longer to get there.”
“India’s gross domestic product (GDP) growth rate of 5.3 per cent (for the March quarter) has been a shocker. Till now, the markets had fallen heavily as liquidity was the issue. But the falling GDP shows problems are deep enough. The government has to do something about the oil subsidy. You will have to re-tell the India story. It is a broken picture now. Most corporates are sitting on cash and nobody is confident of investing in this scenario.
My overall view on market is that this year still remains surprising enough. Last year, we saw the benchmark Sensex fall 20 per cent. This year, I see the reverse happening. It has been volatile so far, but the markets will be up by the end of the year, compared to 2011. It could be two or eight per cent — I don’t know. But you will see a rally from the low levels, which will mean the markets will end higher. I’m not trying to say what the level could be, as there are too many events and uncertainties. In the worst-case scenario, the 50-share index Nifty could fall to 4,000.”- says Andrew Holland, CEO, Ambit Capital