Foreign Intuitional Investors pumping close to $6 billion per month and that is pushing rupee higher and higher against US dollar
Peter Mayo
Oct. 3, 2007

This can be devastating for the Indian outsourcing sector. Indian rupee is set to appreciate close to 0.5% per month for the next three years. The reason is simple. Foreign Intuitional Investors (FII) are pumping close to $6 billion per month and that is pushing rupee higher and higher against US dollar. Since September 19th, the FIIs have pumped in close to 4.8 billion dollars. The lower rate in the US is actually fueling this transfer of funds.

The rupee registered 39.57/58 against the US dollar on strong capital inflows.

Foreign Intuitional Investors pumping close to $6 billion per month and that is pushing rupee higher and higher against US dollar
Peter Mayo
This can be devastating for the Indian outsourcing sector. Indian rupee is set to appreciate close to 0.5% per month for the next three years. The reason is simple.
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High-technology US-India trade takes a leap forward – can terrorists gain access to high tech gears?
Babu Ghanta
Monitoring Indian companies is not easy. The salary levels are still so low that the terror operators can plant moles within established Indian high tech companies. These moles can they transfer the high tech gears and technologies to the terrorists.
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Embassy of Sweden has established a Swedish Office of Science & Technology in New Delhi
Media Release
India, thus, becomes only the fifth country where Sweden has established such an office. The others to host such an office are the US, Japan, Belgium, and China.
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Chennai, Hyderabad, Pune, and Kolkata in top 5 favored technology outsourcing destination in the world
Media Release
A study by industry publication Global Services and investment advisory firm Tholons put the Indian cities of Chennai, Hyderabad and Pune at the top of a list of 15 emerging outsourcing destinations for global companies.
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Software industry body Nasscom on Friday reacted sharply to the reported statement of Health Minister A Ramadoss on the habits and health hazards of employees in the BPO sector
Media Release
Nasscom is deeply distressed by the comments, as reported in the media made by the Minister of Health. This is a generalized slur on half a million youngsters working in this industry....
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Reserve Bank of India (RBI) today eased overseas investment and loan repayment norms for companies
Media Release
The Reserve Bank of India (RBI) today eased overseas investment and loan repayment norms for companies, mutual funds and individuals, seeking to stem the rupee’s gains by encouraging capital outflows...
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Expatriate Indian doctors face backlash in UK, Saudi Arabia, and Australia
Preeti Singhani
In a move that will impact many Indian doctors, Saudi Arabian authorities have decided not to renew contracts of foreign doctors who have completed 20 years of service.
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The New Chinese Army – educated in America and ready to cause havoc with the power of a new weapon
Prithiv Patel
They provide secret grants to ‘smart’ Chinese students to get them into American Engineering and Computer Science schools. They come in millions. They eventually obtain financial support form American Universities at the cost of American taxpayers...
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