"We don't have to fear global challenges. We can, in fact, convert this into an opportunity and out-run our global rivals. More than our soldiers, it is our traders who are known for their risk-taking capacity,"

Narendra Modi addressing the Confederation of All India Traders at Siri Fort Auditorium in New Delhi  

"The growth in GDP during 2013-14 is estimated at 4.9 percent as compared to the growth rate of 4.5 percent in 2012-13," 

Central Statistics Office (CSO)

"Current Account Deficit (CAD) is below $50 billion. Foreign exchange reserves are (at) all-time high. We have very strong fundamentals...I don't think that there is any cause of worry,"

Economic Affairs Secretary Arvind Mayaram