DR. NIMAIN CHARAN BISWAL

A HIGHER INTEREST RATE AND GROWTH ARE CONTRADICTORY POSTURES: HOLDING ON TO ONE OF THE HIGHEST INTEREST RATE OF THE WORLD, RBI'S PUSHING OF THEORY OF HIGH GROWTH IS CONTRADICTORY Dear All, It is known worldwide and for ages as a Principle Non-refutable that, a "Higher Interest Rate and Growth are Contradictory Postures". I am giving the link of a News Article below if some of you would like to read it: RBI's rosy growth forecast baffles economists https://economictimes. indiatimes.com/news/economy/ indicators/rbis-rosy-growth- forecast-baffles-economists/ articleshow/114671273.cms? from=mdr While holding onto one of the Highest Interest Rate among the Economies of the world, RBI's pushing of the theory of High Growth of Indian Economy, is just trying to futilely justify its own dogmatic stand of holding to the Highest Repo Rate of 6.5% now almost for 20-months at a stretch and giving lot of pains to the common people of India, in their livelihood borrowings from s

NEW ERA OF MANUFACTURING IN AIRCRAFT SECTOR IS TO SET IN MOTION IN INDIA TOMORROW,  ON THE  28-COTOBER-2024 Dear Readers, The following News confirms an interesting beginning,  a New Era of Manufacturing in Aircraft Sector in India,  will set in motion from tomorrow, the 28-Oct-2024, with the Tata-Airbus Unit to be inaugurated to morrow: PM Modi, Spanish counterpart Pedro Sanchez to unveil Tata-Airbus Gujarat unit on Oct 28, 2024 https://www.moneycontrol.com/ news/india/pm-modi-spanish- counterpart-pedro-sanchez-to- unveil-tata-airbus-gujarat- unit-on-oct-28-12851593.html With some exposure to Airbus Manufacturing Industry in the past, while I worked for a Spanish Organization for some years, I am sure this facility will be very interesting for India and a New Era will begin tomorrow with its inauguration.  Regards, Dr. Nimain Charan Biswal, Mumbai, India  About the Author: Dr. Nimain Charan Biswal is a B.Sc.(Agri. Science and Technology), M.B.A. and Ph.D.(Management Area ) by qual

DURGA PUJA WISHES FOR EVERYONE Dear Readers, "Durga Puja"  is a perpetual Tradition and Major Festival Celebrated in India, that has been very much an integral part of the Cultural Traditions of India.  While generally in Eastern India it is celebrated as  "Durga Puja"  in Western India it is celebrated as  "Nav Ratri"  it is all the same, the Festival is stretched over 10days finally ending on  "Dusahara" or "Dussera"  the 10th day celebrated across India, the Focus of this Festival and Puja is on  "Devi Durga"  the "Matru Shakti" (The Maternal Energy).  This Festival signifies that when there is a need, the "Matru Shakti" (The Maternal Energy) can acquire Power Ultimate to take over and conquer as good as the "Pitru Shakti" "(Paternal Energy)"; and establish Natural Justice and Order. In fact Devi Durga as per the mythological documentations had descended to Earth with all the Weapons

THE INDIANS HOPE THAT THE 3-NEW MPC MEMBERS APPOINTED BY GOVERNMENT OF INDIA TO TUNE THE INTEREST RATES IN LINE WITH NATION'S NEED AND NOT FORCED BY THE RBI GOVERNOR'S DOGMATIC STAND Dear Readers, As per the following News Report of The Economic Times released in the evening today, The Government of India has Nominated 3- New External Members to the MPC (Monetary Policy Committee) of RBI:  1.  Mr. Ram Singh ..... Director, Delhi School of Economics, University of Delhi. 2.  Dr. Nagesh Kumar .... Director and Chief Executive, Institute for Studies in Industrial Development, New Delhi 3.   Mr. Saugata Bhattacharya ... Noted Economist  THE INDIANS HOPE THAT THE 3-NEW MPC MEMBERS APPOINTED BY GOVERNMENT OF INDIA TO TUNE THE INTEREST RATES IN LINE WITH NATION'S NEED AND NOT FORCED BY THE RBI GOVERNOR'S DOGMATIC STAND THAT HAVE BEEN EXHIBITED IN THE RECENT TIMES THAT HAS NOT HELPED THE NATION IN ANY WAY THE COMMON PEOPLE OF INDIA HAVE BEEN SUFFERING FROM UNDUE EMI LO