Wednesday, July 3, 2013

Rupee slide: Libraries may axe foreign publications

.........One of the many such cases is the Indian Institute of Management, Bangalore, which is mulling to cut on number of books being ordered from outside the country. "Every year we order about 2000-2500 such books. However, the rupee depreciation is costing us over 10 per cent more for ordering these books. Since we usually order throughout the year, this academic year we may have to reduce the order," said a source at the institute's library on condition of anonymity...........

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