DR. NIMAIN CHARAN BISWAL

Indian Rupee Breaching the all time low 81 against USD is a Serious Cause of Concern   The Indian Rupee breaching the all time low of 81 to a US Dollar last Friday (day before yesterday) is a Serious Cause of Concern over all for India.  In fact after Russia-Ukraine war broke out in last February, the Indian Rupee is having a free fall, while RBI has been trying to arrest the free fall by blowing up the Forex Reserve, as per published reports, RBI is spending almost USD 11 billion of the Forex Reserves every month and already USD 90 billion Forex reserve has been blown up on last 8-months just to arrest the free fall of the INR against USD. Such free fall of INR is going to put too much Inflationary Pressure on Indian Economy, as over a period time we have become an Import Oriented Economy. Other than some Agricultural Commodities and Dairy-Milk, we are not self-sufficient in anything and most of the things.  Even in Vegetable Oil and Pulses in Agriculture we have to larg...

THE UNTIMELY DEPARTURE OF "CYRUS MISTRY" ON 4TH SEPETEMBER 2022 BY DEATH DUE TO AN ACCIDENT REPORTED IN MEDIA IS A SIGNIFICANT LOSS FOR INDIA'S TALENT POOL OF ENTREPRENEURS HAVING A BEND OF PROFESSIONAL MANAGEMENT Mr. Cyrus Mistry passed away untimely on 04-September-2022 by a Car Accident as reported by all Media yesterday. It is a significant loss for India's Talent Pool of Entrepreneurs having bend of Professional Management. Citing here below an interesting Article published by Money Control, that I read. Otherwise also, I still have an email exchange with Mr. Cyrus Mistry while he was Tata Chairman in September 2013, 9-years back, where in he had expressed his serious intent and inclination for Professional Management and running Industrial Empires with Serious Expert Advices, which is rarely seen in Family Managed and Controlled Businesses, not only in India, but also worldwide. His stint as Tata Chairman could not last very long known to everyone in India and G...