RE:a good sign!!
by Ranjith Sajja on Jul 25, 2007 09:34 AM Permalink
If a strengthening rupee can create enough number of jobs here then it's good. On the contrary people will loose jobs which is not good.
RE:RE:a good sign!!
by vinod v on Jul 25, 2007 10:08 AM Permalink
Dude..its a two way traffic both(Import sector or Export Sector) can create jobs as well loose jobs.
Balance is the key factor. Some has to bear the brunt either wise.
RE:a good sign!!
by kamal kamboj on Jul 25, 2007 09:34 AM Permalink
As an Indian we r happy to see rupee appreciating but as an NRI it is disturbibg lot as when we send money to India it has come down n I personally lost money more than one lac in the last 3 months. N stopped sending money to India which again hit Indian economy.
RE:a good sign!!
by vinod v on Jul 25, 2007 10:01 AM Permalink
For Decade or more... Indian rupee was weaker against $. So NRIs exporters all enjoyed and filled deep pockets.Now let the importers & locals enjoy low costs
Now if the profit/margin has decreased why crib. Do cost cutting etc, as this was done by the other group Importers. Now its your turn to be on toes.
I think the biggest problem with NRI's is they want to earn in some other country and invest in this country. Thats why they are viewed as low life creatures in the countries they live. When in Rome be a Roman. I am sure then the savings will come down. Whatever you can still save, invest in the country you live.
RE:RE:RE:a good sign!!
by vinod v on Jul 25, 2007 10:06 AM Permalink
Grow Up !!
NRIs bringing in money is a good sign, it helps the economy. These money from NRIs all over world can be used for Indias growth otherwise it will be used overseas. Decide who is benefiting India.
Let them live like they want in Rome or wherever its ones personal choice, as far as large investments coming to India
