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“These problems are too big for us to solve alone. We need to
collaborate like we never have before.”— Beth Comstock, Chief Marketing Officer at GE -
THANK YOU ALL
Amazing guest lecturers. from Entrepreneurial Design Class. School of Visual Arts.
Many thanks to our...
Is the rising rupee good or bad for India?
What impact will it have on the global competitiveness of Indian firms?
Should the RBI or the Finance ministry intervene?
Responding to these questions and more, experts at Wharton and elsewhere say that the rupee’s rise is the result of India’s growing ability to attract global capital. While this creates problems for some companies that earn most of their revenues in dollars — including IT giants such as Wipro, Infosys and TCS — it also creates opportunities for Indian firms by making it less expensive for them to acquire overseas assets. In addition, a strong rupee is good for the Indian consumer. It would be unwise for the government to intervene to force down the rupee’s value, they note.
