Finally some MBA stuff!!
Somehow, I was always inclined towards writing stuff, which non-MBAs find interesting, but today I have an article which MBAs might like :) In the news paper MINT, yesterday's headlines were: India will not curb the capital inflows...This meant that, more money flows into India in terms of Dollars, which would mean that rupee would appreciate, imagine what would be the status of Indian exports and especially IT companies. But with India becoming a lucrative destination for investment one cannot stop money pouring in. With the declining exports I thought Government would have given lot of thought. Look at the IMF suggestion of not to put any curbs on the capital inflow. IMF new managing director Dominique Strauss-Khan told reporters, pointing out that the capital inflows have an unavoidable impact on the value of rupee, the IMF chief said "nevertheless it reflects the fundamentals and you don't want to do anything which in one way or another undermines this good look or app...