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RE:India Marching towards to be a Global Power
by VIPIN sharma on Apr 28, 2007 10:45 PM

yes very true
those who are having interest in stocks, for them india is only BSE. they tell those things r good for india which is good for stocks.
rising rupee has more advantages then negative impacts. if managed well like giving incentives to exporters rising rupee can do a lot of good for india.negative is only export and if government will have a will it will be sorted out.
very few advantages
cheaper oil means lower inflation
cheap import means gov can increase import duties hence increase in reveneu
we can buy more MNCs at lower price
will become difficult for a hostile takeover of our companies.
whatever we want to iport at cheaper price will be available.
list is very long.
U also can think if think like an neautral person and in the interest of INDIA.
ofcourse we all should be with exporters to not let them down.

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The above message is part of the Discussion Board:
The great Indian rupee trick