Posts

BILLIONAIRES WHO LOST ALL

Image
                      (Vijay Mallya) Patricia Kluge John Kluge was once the richest in the world. His personal wealth in 1990 was $5 billion. At the time of divorce John's wife Patricia Kluge was left with $1 million in alumni and she also received the lavish estate in the Virginia country side. She developed the estate into a winery and vineyard. She then took a loan of $65 million to start a real estate business. She built over a dozen luxury villas. Patricia was forced to default on her loans after the banking and housing crisis in 2008. That led to the sale of Virginia estate and her other valuable possessions. She came to the rock bottom level. The Virginia estate, winery and vineyard of Patricia Kluge was purchased by Donald Trump. Vijay Mallya Vijay Mallya took over the business from his father at the age of 28. He turned this into a multi-billion dollar business firm. He himself became the "King of Good Times." H...

ELECTRIC CARS - CAN INDIA FEED THE WORLD?

Image
Requirements of electric cars all over the world is shooting up. Global use of EVs is estimated to grow up from 10% in 2021 to 25% in 2025. The requirement of EVs in US is estimated to be 26.7 millions by 2030. There will be considerable demand for EVs in third world countries too. Why India cannot make use of  this  bright opportunities ahead? We have no dearth of technology in automobile manufacturing. We have no dearth of resources or skilled manpower either. Then what we are waiting for? As per reports we have recently found a huge availability of lithium in Rajasthan. In February  2023 Geological Survey of India have located 5.9 million tonnes of lithium in Reasi district of Jammu and Kashmir. Lithium reserves also have been discovered in Jharkhand. All these findings put together makes India the seventh largest resources of lithium in the world. Deploy our resources including the huge man power for manufacturing of electric vehicles for our internal use ...

AMAZINGLY TRUE STORIES ABOUT THE OUIJA BOARD

Image
1. The  young girl named Abby in her twenties finished playing with the Ouija board in the night. She then went to her bed. She was alone in the room. Suddenly she found her computer screen begins to act weird. It turns from black to blue. She usually turns off the computer after use, but it starts up again. Abby was scared and immediately unplugged the system. To her dismay it turns on again. On that same night, she had buried the Ouija board on her back yard. 2.  Justin was 32 years old man from New Jersey. He was playing with his Ouija board one day with his friends. Suddenly he noticed that the planchette was moving in a strange direction. It made an x surrounding all the four corners of the board. Then it turned to move in a circle. Another day when he was playing with the board with another friend, the planchette moved again in the same way. When he was sleeping on the same night, he felt a hand forcefully trying to grab his arm, waking him up. Everyone near ...

DO THE CHINESE PEOPLE HAVE FREEDOM IN CHINA?

Image
      (Chinese government building) The simple answer to this question is a straight 'no'. While article 36 of the PRC constitution provides freedom of religion to citizens, what is the actual provisions can be seen from the following. In fact China is a country that restrict freedom to its people. The Chinese citizens living in China have learned to live under the restricted freedom in almost every aspect of day to day life. Sometimes back a female correspondent of a local daily reported a suspected case of corruption by a government official. She was subsequently reported to have arrested. Since then no one has seen or heard about her. And that is China. Freedom of religion of ethenic minorities are well scribed in the constitution but the Uyghur population living in Xinjiang region are under strict controls of practising Islam as shown below. * Official religious practices must be held in government approved mosques. * Uyghurs under 18 years old are not all...

CAN GOD BE CONTAINED IN HUMAN BRAIN?

Image
Answer to the question 'Can God be contained in human brain?' is undoubtedly a straight 'No'. According to scientific estimation the distance of the universe from one end to the other is 93 billion light years. Can we conceive this distance in our minds? Absolutely not. And there can be countless number of universe like ours. And the Creator of all these and the One who manages all these must be beyond time, space and matter. We cannot gather these to our minds in our wildest imagination! While this remains the fact, there are 'superior humans' who know all about God. His shape, sound, reach, relations etc are known to these priesthood. However, surprisingly they do not have any knowledge about the human beings on the earth. They know what please, anger and make Him sad. They may even say who are the father and mother of God. This is a system called religion. It has its own rules and regulations to be followed compulsorily by all members. Any breach ...

NEWLY INTRODUCED WORLD'S FASTEST TRAIN

Image
 1. (Above) The new 600 kmph maglev train of China  2. (Below) Gordon Danby and James Powell. China  has very recently introduced the magnetic levitation train capable of reaching a speed of 600 kmph. When it crosses the 603 kmph speed set by Japan it can become the fastest train in the world. This maglev may create an intense competition for technical supremacy in the high speed train field. CRRC the world's biggest manufacturer of train cars, informs that the train can make a trip from Beijing to Shanghai a distance of 1318 km in three and half hours including the wait time, which is less than two hours from the conventional bullet trains. This is said to have a capability of reaching a speed of 620 kmph. (CRRC earned a net profit of $1.74 billion last year.) China has started the construction of a test line in Shanxi Province to handle maglev trains operating at speeds of upto 1,000 kmph. North Central University School of Electrical and Control...

HOW FAR WE CAN REPLACE DOLLAR WITH RUPEE?

Image
Present method of fixing international exchange rate may have deficiencies. At least some economists may agree with this statement. For the trading of commodities,  USD is accepted all over the world. That must be the prime reason to have the tendency of dollar always on the upper side. We may now find the prime factors that determine currency value. Inflation is the significant one in this. When price of a commodity rises more currency is needed to purchase the commodity. Therefore, exchange demands more currency. Another factor is interest rate. Whenever inflation takes place the Central Bank raises the interest rate to attract foreign currency and thereby bring down the inflation. Higher interest rate always boost the inflow of foreign currency and thereby enhance the exchange rate of the local currency. Political instability of a country and the country's existing public debt are also major factors influencing in bringing down the exchange rate of the local cur...