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RE:thats not fact !!!
by Naveen Bhutani on Dec 10, 2007 06:41 PM

There are already reports of 20 lakh jobs in textile sector which are about to be lost in India as a result of US dollar losing against the Indian Rupee. The US is losing against other currencies because it's economic outlook does not look very positive at this time. Indian economy is not just about the IT sector, there are other industries involved too which stand to lose as a result of a US economic slowdown

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The above message is part of the Discussion Board:
Indian economy to be hit hard, if. . .