Her math: a full US degree that costs around Rs 2.5 crore today could swell to nearly Rs 10 crore over 16 years if you factor in about 5% annual education inflation and 4% rupee depreciation against the dollar.

https://www.ndtvprofit.com/trending/inr-hits-90-radhika-gupta-says-you-may-need-rs-10-crore-just-for-your-childs-us-degree

Was 61 to the dollar when Sardarji was bowled out and Modiji took guard. Idiots thought that it will be a catastrophe with the currency reaching single figures. But with astute play, bold strokes and a strong partnership with Trumpji , Modiji is pushing the dollar to a hundred. Modi hai to mumkin hai.

Here’s what many people don’t seem to grasp: a gradually weakening rupee does not automatically signal economic distress. In fact, it often strengthens India’s global competitiveness as an export hub—especially for services. Our IT, consulting, and back-office industries earn in dollars while paying costs in rupees. When the rupee softens, their margins quietly improve, remittance inflows rise, and export competitiveness increases.

Contrary to popular belief, the rupee is not fixed or “propped up” by the RBI at any arbitrary level. India follows a market-determined, managed-float regime. The exchange rate is discovered by demand and supply. The RBI steps in only to smooth excessive volatility, not to defend political vanity levels. This is precisely why India still has substantial foreign-exchange reserves—because it does not burn dollars trying to fight economic gravity.

Yes, a weaker rupee does make imports and foreign education more expensive in absolute rupee terms. That is the genuine middle-class pinch. But confusing nominal exchange rate value with national wealth is a basic economic error. Japan is the perfect example: the simplest purchases run into hundreds or thousands of yen, yet it remains one of the most advanced and productive economies on earth. The face value of a currency tells you nothing about real purchasing power, productivity, or institutional strength.

A falling rupee is not a headline problem. Uncontrolled volatility, structural deficits, and productivity collapse are. India currently faces none of those in a crisis sense. So the drama around every incremental depreciation is largely emotional, not economic.

A basic education in economics will tell you that a falling local currency against the global currency is not only a problem, but an economic catastrophe. We are a net importer of oil and gas, paid for, mostly, in dollars. Therefore a falling rupee against the dollar makes oil expensive and therefore everything expensive (as the entire modern civilization is built on usage of oil). Separately, India doesn't have much to export. It doesn't have a tech stack unlike US, EU or China, and nobody is spending a time om Indian body shopping IT services companies anymore. Further, a falling local currency makes foreign investors exit, as they cannot make dollar gains, even if the market does well. This has been demonstrated by incessant FII sellings. The Indian markets have been one of the worst performing markets this year, massively underperforming even other emerging markets.