exports

The Soaring Rupee – Causes and Impact

27 jun 2007

India is facing a peculiar problem of ‘Dutch Disease’. The term refers to a situation where there are large inflows of foreign exchange due to discovery of natural resources or massive foreign investment in the country which in turn leads to appreciation of the currency, undermining the traditional export industries.

Rellure – Fresh Fruits and Fruit Pulp from Reliance

16 jun 2007

After making a killing by selling mangoes at World’s largest departmental store, Harrods in London for Rs.700 per kg grown at its own orchard, Reliance Industries is preparing to change your morning fruit basket.

Rising Rupee, Falling Dollar – Zero Sum Game?

18 may 2007

The Indian rupee is close to its 9 year high against US Dollar, and scores of news has been written about it in the pink newspapers and business channels. They are mostly sympathic towards the Indian IT companies and how they has been adversely affected by its fall (1% of rupee apprecation means 0.75% fall in earnings).