locked
Indian Economy & Outsourcing...??? RRS feed

  • Question

  • Hi,
    These days we hear a lot about RISING rupee and GROWING INDIAN ECO... but what is it all about? an some one explain as what it has to do with outsourcing and Indian Software industry...........?
    Saturday, September 29, 2007 7:55 AM

All replies

  • Rising rupee meaning the strength of rupee is increasing....
    ie
    in the yesteryrs $1==Rs.49
    however the value tody is become $==Rs39
    almost Rs 10 difference

    dats gud for some people n bad for the others...
    Saturday, September 29, 2007 8:00 AM
  • Is this going to change the market price of product ???

     

    Sunday, September 30, 2007 3:35 AM
  • This Change is good for Indian people !! But For MNC's who give less salary to indian people when compared to their earnings , will have a problem !!

     

     

    Sunday, September 30, 2007 9:19 AM
  • Due to the rising rupee...MNC esp. IT companies are bound either to cut down jobs or drastically reduce the salaries of its employees...which may turn out worse in the coming future when the rupee rises even higher!
    Sunday, September 30, 2007 1:16 PM