- October 29, 2022
- Posted by: Stratford Team
- Category: Economy
CALCUTTA, INDIA: A group of young Indian software designers work on a newly estublished setup of … [+] Metalogic Systems, a software solution in the field of insurance and banking sector in Calcutta, 05 November 2004. The new office of Metalogic Systems, inaugarated today by the state IT minister Manab Mukherjee (unseen) while the seven years old Indian software company, expanded its branches in USA,UK, and Australia with a team of more than 100 skilled workers. AFP PHOTO/ Deshakalyan CHOWDHURY (Photo credit should read DESHAKALYAN CHOWDHURY/AFP via Getty Images)
AFP via Getty Images
By Debasis Mohapatra
The US dollar index is hovering at a record-high level, but it is not a good news this time around for an export-oriented Indian IT services industry
The strengthening of the greenbacks against the Indian Rupee would have been cheered by Indian IT firms in a normal scenario, as the rupee’s fall in the past has supported their operating margins…

