impact on the Indiana economy due to the Russia Ukraine conflict

The invasion of Ukraine by Russia, as well as the flurry of punitive measures put on it by the US and European nations, has the potential to have two effects on India Inc. One, if not passed on, the resulting jump in commodity prices might raise input costs and pressure downstream sector margins.

Two, trade and banking restrictions may limit India’s export-import operations in the targeted region unless workarounds are discovered.

However, according to a CRISIL analysis, a few industries, such as steel and aluminium, may profit from increased prices. Overall, the impact of the continuing battle will differ depending on the industry.

. However, as the geopolitical situation improves, a clearer picture, including the credit quality of affected enterprises, will emerge.

Brent crude prices have soared beyond US$130/barrel, up from US$97/barrel before the Russian incursion. Oil marketing corporations are already losing money without a corresponding increase in retail fuel costs. Chemicals and paints industries that use crude oil-linked derivatives as their principal feedstock are feeling the effects of this. As inventory purchased at reduced prices run out, these industries may face a margin compression that might go far into the first quarter of the following fiscal year.

Other commodities will witness increased cost inflation as well. Steel and aluminium prices, which have recently risen from already high levels (Russia provides nearly 6% of world primary aluminium output), will continue to rise. While this would assist local primary steelmakers and aluminium smelters by increasing realisations, it would have a detrimental impact on the construction, real estate, and car industries.

Natural gas spot prices, which are similarly related to petroleum, may continue to rise. However, the downstream industries would be less affected. The higher pricing can be passed on to urea producers who utilise it as a feedstock. However, if the conflict continues, domestic urea supply might become a problem for the agricultural industry, as about 8% of the demand is met domestically.

City gas operators have favourable cost economics compared to competing fuels, according to the credit rating agency, which might allow them to pass on gas price rises downstream – at least to some extent.

Sanctions tied to trade and banking might affect industries that get critical raw materials like crude sunflower oil and rough diamonds, according to CRISIL. Sunflower oil accounts for over 10% of India’s edible oil consumption, with 90% of it coming from Russia and Ukraine.

An protracted battle might disrupt supply to domestic oil mills, which normally keep 30-45 days’ worth of inventories on hand and have few alternatives for changing their source on short notice.

For diamond polishers, persistent trade interruption can raise the cost of raw diamonds, putting a strain on their profit margins. Alrosa, Russia’s largest diamond miner, produces approximately 30% of the world’s rough diamonds, which saw a 21 percent increase in price in 2021.

The persistent semiconductor shortfall is unlikely to provide relief to the automotive industry. This is due to the fact that Russia and Ukraine supply over 75% of the neon gas required in semiconductor manufacturing operations such as etching circuit patterns into silicon wafers to build chips. A lengthy conflict, as well as sanctions against Russia, would stifle semiconductor output even further. According to the rating agency, import dependency on palladium and platinum, which are used in catalytic converters, and nickel, which is used as a cathode in lithium-ion batteries, is low and so may have only a minor impact on the vehicle sector.

The pharmaceuticals industry may only see a minor impact because its shipments to Russia and Ukraine are now free from sanctions, and Indian drugmakers’ exposure to these regions is modest, accounting for less than 3% of overall exports, according to CRISIL. To be sure, the government and the impacted enterprises are expected to take efforts to mitigate the situation, and CRISIL is keeping a close eye on the situation and will analyse its impact on credit quality on a case-by-case basis.

Consumers could also expect a significant increase in the price of animal protein, such as chicken, dairy products, and seafood. Amul, the world’s largest dairy company, hiked retail milk prices by 4% in all Indian markets on March 1st. “Due to growing energy, packaging, transportation, and cow feeding expenses, this price increase is necessary. As a result, the overall cost of operation and milk production has increased “Amul stated in a press statement. Mother Dairy, a milk brand, has also announced a price increase of Rs 2 effective March 6th.

The ongoing conflicts between Russia and Ukraine are expected to have an influence on local wheat and sunflower oil prices. Both nations produce considerable amounts of wheat, and Ukraine is one of the world’s leading exporters of sunflower seeds. Analysts say that while India is self-sufficient in wheat, it does import some high-quality grain. Furthermore, the drop in Russian and Ukrainian wheat prices on the international market would provide an appealing opportunity for Indian exporters, raising local prices significantly. In the last 8-10 days, the price of sunflower oil has risen by around 5% to 10% on the worldwide market. For customers who have been paying historically high prices for over two years, the Russia-Ukraine conflict has dashed any thoughts of relief from high cooking oil costs.

Chicken prices have risen by 25% since January, and industry insiders predict a further increase of 10% to 50% in March in various regions of the nation owing to a severe feed scarcity.

Tea exports, which are referred to as chai in both Russian and Ukrainian, may also meet difficulties. Russia is one of India’s largest tea buyers, accounting for 18% of the country’s tea exports. Given the importance of the Russian market for Indian tea exports, Given that Iran shipments continue to be plagued by payment troubles, which has resulted in a sharp drop in export volumes, the Russian market is critical for Indian tea exports.

Hostilities between Russia and Ukraine are projected to put pressure on India’s agriculture industry, raising costs and limiting availability of potash, a vital component used in fertiliser production.

Belarus and Russia are now the world’s leading suppliers of potash. India, on the other hand, is a large importer of potash, which is utilised in fertiliser production. Russia, Ukraine, and Belarus account for ten percent to twelve percent of India’s total fertiliser imports. . With already-high prices, the government’s subsidy expenditure, which would be necessary to maintain an acceptable retail price for farmers, will skyrocket.

If Russia and Ukraine do not reach an agreement quickly, there is a risk that the war may spread beyond the area. This would be disastrous for businesses. Regardless of whether the battle continues or ends soon, it is likely to result in soaring inflation, which will affect a variety of industries.

CONFLICT OF INTEREST

A conflict of interest arises when a party’s interests or loyalties are divided as a result of their obligations to more than one person or organization. A person with a conflict of interest cannot fairly represent both parties’ real or projected conflicting interests.

What Does It Mean to Have a Conflict of Interest?

A person or entity having two relationships contending for the individual’s loyalty is said to be in a conflict of interest. For example, the person may be devoted to both his or her employment and a family company. Each of these companies expects the individual to put the company’s best interests first

As a result, there is a disagreement. Personal and professional conflicts of interest might occur.

What is a Conflict of Interest?

In many different scenarios involving personal allegiance and loyalty to a private employer, government employer, or professional connection, a conflict of interest might arise. A public official whose personal interests conflict with their expected loyalty to the organisation, a person of authority in one company or organisation who conflicts with their interests in another company or organisation, or an attorney who tries to represent both parties in a divorce are all examples of conflicts of interest.

Conflicts of Interest: What They Are and What They Aren’t

There are a variety of activities that might lead to a conflict of interest, including:

Nepotism

Self-dealing

excessive remuneration

In situations of employment, promotion, transfer, or termination, nepotism is the practise of offering favours to family and close friends. It was customary practise in ancient times, and the phrase originates from the word “nephew.” Because the relative may not be the best person for the position, nepotism is regarded a conflict of interest.

Self-dealing is when a corporate fiduciary acts for his or her own personal gain rather than the company’s profit. Using business cash as a personal loan is one example, as is buying company shares based on insider information, which is also an insider trading offence. 3 Setting salary or perks for officials, directors, or trustees in a non-profit organisation can lead to a conflict of interest. Paying an employee in a position of significant power exorbitant salary, for example, serves a private purpose. 4

Workplace conflicts of interest may take many different shapes.

There are business-related issues, such as an employee running a side business that competes with the employer, and personal issues, such as a manager having a romantic involvement with an employee. The latter creates a problem since the manager has the authority to grant the employee increases or promotions, and communications between the two persons concerning the firm may also violate confidentiality agreements.

Conflicts of interest are more likely to occur in organizations that rely on a supply chain. An employee’s acquaintance with a supplier, for example, may allow them to bypass the bidding procedure and secure contracts with little or no competition.

Many organizations have laws and processes in place that prohibit conflicts of interest, such as hiring family in specific circumstances.

After-Employer Conflict of Interest

A conflict of interest can arise even after someone has left a post, despite the fact that many institutions prohibit this type of conflict. Executives and business owners are frequently obliged to sign non-compete agreements to avoid scenarios such as someone obtaining their former company’s client list and immediately competing with them.

Former federal workers in the executive branch are prohibited from testifying on behalf of other individuals or organizations before the federal government. This includes limits on “switching sides” after leaving the government and working for a corporation where the official previously worked.

The Massachusetts conflict of interest statute, like those of other government and commercial institutions, prohibits a person from working for anyone other than the government entity on an issue that they worked for the entity on. Business partners and intimate family members may be subject to these post-employment limitations.

Is it Illegal to Have a Conflict of Interest?

Conflict of interest actions, like other sorts of unlawful or immoral behaviour, pose the possibility of negative repercussions. Conflicts of interest in the public sector are illegal under federal and state law, and they can lead to punishment in certain instances.

Government personnel are prohibited from acting personally and materially in official activities in which they have a financial interest under the federal government’s criminal conflict of interest legislation. This limitation also applies to the spouse, minor child, general partner, and a few others. Conflicts of interest can develop from a variety of sources, including:

Investments and assets

  • Liabilities
  • Funds for private investment
  • Ownership of a business or a farm
  • Working for a company
  • Working for a legal company or as a consultant
  • Work with higher education institutions, as well as associated research, speaking, and writing activities

Alternative dispute resolution

Alternative dispute resolution (ADR) refers to a variety of methods for resolving disagreements without going to court. Mediation, arbitration, and neutral evaluation are examples of ADR methods. Unlike typical court sessions, these procedures are often more private, less official, and less stressful.

ADR frequently saves money and expedites the settlement process. Parties have a vital role in settling their own conflicts through mediation. This frequently leads to innovative ideas, long-term results, increased satisfaction, and enhanced relationships.
In family law, general civil, and commercial law issues, the New York State Unified Court System provides free or reduced-fee mediation and other ADR services. These services are offered in virtually all of New York State’s 62 counties, as well as numerous courthouses and Community Dispute Resolution Centers.
Arbitration: a neutral person known as a “arbitrator” hears both sides’ arguments and evidence before making a decision. The rules of evidence are typically modified in arbitration, making it less formal than a trial. Parties agree to accept the arbitrator’s judgement as final in binding arbitration, and there is usually no right of appeal. If the parties do not accept the arbitrator’s ruling in nonbinding arbitration, they may request a trial.

Collaborative Law is a problem-solving technique that allows divorcing couples and their lawyers to dissolve marriages and reconstruct families without the stress, delay, and expense of traditional litigation. Three elements underpin collaborative law:

  1. A promise not to fight issues in court;
  2. an honest, voluntary, quick, and good-faith exchange of pertinent facts without formal discovery; and
  3. a commitment to seek solutions that include both parties’ and their children’s greatest objectives. Despite their shared dedication to collaborative law concepts, each lawyer has a professional responsibility to zealously represent his or her own client and is not the counsel for the other party.

Mediation: In mediation, a neutral third party known as a “mediator” assists the parties in attempting to obtain a mutually agreeable resolution of the conflict. The mediator does not make a decision in the case; instead, he or she assists the parties in communicating so that they can try to resolve the conflict on their own. Mediation can be especially beneficial when family members are involved. If one side has a major advantage in power or influence over the other, mediation may not be acceptable. To learn more about mediation, click here.

In order to facilitate settlement, a neutral person with subject-matter experience hears abridged arguments, assesses the strengths and weaknesses of each side’s case, and provides an assessment of potential court outcomes. With the parties’ permission, the neutral evaluator may also give case planning advice and settlement aid.

PC stands for Parenting Coordination, which is a child-centered procedure in which a qualified and experienced mental health or legal expert known as a “parenting coordinator” aids high-conflict parents in carrying out their parenting plan. The parenting coordinator may make decisions within the scope of the court order with the parties’ and the court’s previous consent.
Parent Coordination’s goal is to assist parents in resolving child-related problems in a timely manner while also attempting to create safe, healthy, and meaningful parent-child interactions.

Restorative Justice is a process in which stakeholders identify and address the effects, needs, and duties of an incidence of damage or other conflict, and form an action plan to move forward.

Settlement Conferencing: Before going to trial, a court or a judge’s representative meets with the parties and their lawyers to try to resolve some or all of the points in dispute. The parties’ involvement is restricted, and the emphasis is on limiting the issues at hand.
A court appoints a Special Master to carry out some form of action on its behalf. This might entail managing discovery concerns, conferencing cases, or post-judgment action.

Summary Jury Trials (SJT): In this adversarial dispute resolution method, each party presents their case to the jury in a condensed manner. The jury then offers a recommendation, which is simply advisory unless the parties want a binding ruling. A summary jury trial provides parties a sneak peek at what they could get if the matter goes to trial. SJTs are only accessible in a few states.
Advantage and disadvantages of ADR[
• Suitable for multi-party disputes
• Lower costs, in many cases it’s free when involving consumers
• Likelihood and speed of settlements
• Flexibility of process
• Parties’ control of process
• Parties’ choice of forum
• Practical solutions
• Wider range of issues can be considered
• Shared future interests may be protected
• Confidentiality
• Risk management
• Generally no need for lawyers
• Can be a less confrontational alternative to the court system
However, ADR is less suitable than litigation when there is:
• A need for precedent
• A need for court orders
• A need for interim orders
• A need for evidential rules
• A need for enforcement
• Power imbalance between parties
• Quasi-criminal allegations
• Complexity in the case
• The need for live evidence or analysis of complex evidence
• The need for expert evidence

Digital currency and its Drawbacks.

What are virtual currencies?

A virtual currency is a digital representation of value that can be digitally traded and functions as (a) a medium of exchange, and/ or (b) a unit of account, and/or (c) a store of value, but, unlike fiat currency like the rupee, it is not legal tender and does not have the backing of a government. A cryptocurrency is a subset of virtual currencies, and is decentralised, and protected by cryptography.

What are Distributed Ledger Technologies and Blockchain?

Imagine a small group of school friends maintaining a list of transactions among themselves, but with a twist: Instead of holding this list in one single computer or in the notebook of one of the group members or authorising some outside authority (say, their class teacher) to maintain (and update) the list, all of them decide to maintain a separate copy of the list in their personal computers. Every time they transact, the rest of the members verify the transaction and once it is verified by all, they update their list. Further, to make sure that none of them changes records of the past transactions in their personal list, they decide to place each transaction as a block, and to stack it one after the other in a sequence. This way, no one can tweak the details of any past transactions because the overall sequence will not match with sequences held by others. Lastly, to make sure that no other child from the school gets to know the details, they devise a code (a cypher) for all their communications related to the list.

9 Profitable Skills that you can Learn Online

The pandemic has made us stay at home and we all know that staying at home is boring. We can kill this time productively by learning new skills online. 

  •  Coding

Technology is vast and there are plenty of job opportunities available if you know how to code. Programmers are high in demand all over the world. Learning and doing programming is an exercise for your brain that eventually improves your problem solving and logical ability. There are many apps and websites which teach coding for free.

  •  SEO 

SEO stands for Search Engine Optimization, which is the practice of increasing the quantity and quality of traffic to your website through organic search engine results. SEO is the best way to market and it can boost your public visibility. If you are a Freelancer or a business owner then you really can’t conduct online business without knowing about SEO.

  •  Microsoft Excel

Microsoft Excel is a software program included in the Microsoft Office suite. It is used to create spreadsheets, which are documents in which data is laid out in rows and columns like a big table. Excel training just doesn’t help you get things done quicker and more efficiently it also increases the effectiveness of the reports and analysis that you do.

  •  Languages

Learning a foreign language, even as little as a handful of phrases, will make your travel experiences better. It also boosts the confidence of an individual and improves the probability of getting employed in a company. Learning a new language helps us to discover a new culture and this is an immensely enriching experience for us. 

  •  Photography

You can capture a beautiful moment by learning photography. It also increases your creativity. Moreover, photography provides an enjoyable hobby. Earning a certificate online shows that you’ve had formal training, practical experience and critical assessments. This can open doors to a broader range of job opportunities where a degree is a minimum requirement.

  •  PhotoShop

Adobe Photoshop is one of the most famous and all-round image editing software existing in the market today. Photoshop skills are often listed in a lot of job descriptions these days. Learning Photoshop gives you an added advantage over other applicants who are not skilled in Photoshop. Using Photoshop one can transform pictures to unimaginable heights of creativity. 

  •  Public Speaking

Public speaking is not just standing on a stage and speaking into a microphone to an audience. Public speaking includes speaking at meetings, with potential clients, colleagues, and customers. Mastery of public speaking will empower numerous other skills, abilities and personal enhancements will be the result.

  •  Video Editing

Video is the best marketing and promotional tool ever in the modern market. Videos attract the people to watch. They stop for a movement and see the video.  In this technological age, people watch videos as they are easily accessible. So if you want something across, pushing out your message or promotion to the people, make videos.  

  •  Digital Marketing

Digital marketing is the promotion of products or brands using electronic devices or the internet. It also includes text messaging, instant messaging, video, apps, podcasts, electronic billboards, digital television and radio channels, etc. Digital marketing gives a huge scope and multitude of job options. Digital marketing will also help you to promote your startup at very low cost.

Interview Skills

We all are nervous while attending an interview, even with full preparations our hands start sweating. Here are some tips to ace an interview and get your dream job.

Whether you are applying for an entry-level position or a senior role, you will probably have an interview with a potential employer before receiving a job offer. Since a job interview gives you a chance to show your qualifications and make a good impression on the hiring team, you should know to perform at your best during this important meeting. It is not only your qualifications and experience which matters but also your positive attitude, your ability to work in teams and positive aspirations which matters in the selection process. 85% of the interviews are decided in the first two/three minutes. So be careful about your handshake, eye contact, body language, and right posture.There are 4P’s to have success in an interview – Prepare, Practice, Present, and Participate. 

You should prepare for the interview by learning about the significance of body language. Also you should improve your public speaking and linguistic skills. Also, learn as much as you can about the company and the position.You should practice the frequently asked questions by the interviewer (I have listed those questions in the end of the article). You should also practice some puzzles because in many interviews one or more IQ based questions are asked. And finally participate in the interview; express your views confidently and don’t be afraid to share your opinions to them. On the day of the interview carefully consider what to wear and how to present yourself professionally. Here are some do’s and don’ts during an interview:

Dos

  • Organize all the required material neatly.
  • Have a good dress sense, groom well.
  • Reach the place of interview well in advance.
  • Be cheerful and expressive.
  • Have positive body posture.
  • Be honest, sincere and simple in your talk.
  • Be assertive and confident.
  • Be polite in answering.
  • Leave a good last impression by saying “thank you.”
  • Replace the chair and other things in the original place when you leave the room.

Don’ts

  • Don’t search for anything in an interview as it creates a bad impression.
  • Don’t fold arms or close palms.
  • Don’t drag the chair and make a noise.
  • Don’t be rigid. Don’t cross your legs.
  • Don’t tell lies.
  • Don’t be very submissive or aggressive.
  • Don’t argue, confront, challenge.
  • Don’t feel frustrated if you lose the interview.

Tips for great body language

Your body language expresses your confidence. Here are some tips for a great body language.

  • 1. Smile
  • 2. Don’t cross your arms
  • 3. Make good eye contact
  • 4. Keep your body pointed vertically towards your guest
  • 5. Nod at key points
  • 6. Stand up straight

Frequently asked questions:

  • 1. Introduce yourself.
  • 2. What are your strengths and weaknesses?
  • 3. Can you tell something about our company?
  • 4. Why should we hire you?
  • 5. Are you willing to relocate/travel?
  • 6. What was the toughest decision you ever had to make?
  • 7. Would you lie for the company?
  • 8. On a 10 point scale how do you rate yourself in communication skills?
  • 9. How long would you like to work for us if we hire you?
  • 10. How much salary do you expect from us?

Interview Skills

We all are nervous while attending an interview, even with full preparations our hands start sweating. Here are some tips to ace an interview and get your dream job.

Whether you are applying for an entry-level position or a senior role, you will probably have an interview with a potential employer before receiving a job offer. Since a job interview gives you a chance to show your qualifications and make a good impression on the hiring team, you should know to perform at your best during this important meeting. It is not only your qualifications and experience which matters but also your positive attitude, your ability to work in teams and positive aspirations which matters in the selection process. 85% of the interviews are decided in the first two/three minutes. So be careful about your handshake, eye contact, body language, and right posture.There are 4P’s to have success in an interview – Prepare, Practice, Present, and Participate. 

You should prepare for the interview by learning about the significance of body language. Also you should improve your public speaking and linguistic skills. Also, learn as much as you can about the company and the position.You should practice the frequently asked questions by the interviewer (I have listed those questions in the end of the article). You should also practice some puzzles because in many interviews one or more IQ based questions are asked. And finally participate in the interview; express your views confidently and don’t be afraid to share your opinions to them. On the day of the interview carefully consider what to wear and how to present yourself professionally. Here are some do’s and don’ts during an interview:

Dos

  • Organize all the required material neatly.
  • Have a good dress sense, groom well.
  • Reach the place of interview well in advance.
  • Be cheerful and expressive.
  • Have positive body posture.
  • Be honest, sincere and simple in your talk.
  • Be assertive and confident.
  • Be polite in answering.
  • Leave a good last impression by saying “thank you.”
  • Replace the chair and other things in the original place when you leave the room.

Don’ts

  • Don’t search for anything in an interview as it creates a bad impression.
  • Don’t fold arms or close palms.
  • Don’t drag the chair and make a noise.
  • Don’t be rigid. Don’t cross your legs.
  • Don’t tell lies.
  • Don’t be very submissive or aggressive.
  • Don’t argue, confront, challenge.
  • Don’t feel frustrated if you lose the interview.

Tips for great body language

Your body language expresses your confidence. Here are some tips for a great body language.

1. Smile

2. Don’t cross your arms

3. Make good eye contact

4. Keep your body pointed vertically towards your guest

5. Nod at key points

6. Stand up straight

Frequently asked questions:

1. Introduce yourself.

2. What are your strengths and weaknesses?

3. Can you tell something about our company?

4. Why should we hire you?

5. Are you willing to relocate/travel?

6. What was the toughest decision you ever had to make?

7. Would you lie for the company?

8. On a 10 point scale how do you rate yourself in communication skills?

9. How long would you like to work for us if we hire you?

10. How much salary do you expect from us?

Let’s talk over business

                             TheBusiness is something which needs patience, time and value. Technologically a proper business needs proper level of investment and thus correct percentage of profit. Initially any business needs time before expecting return that is profit. Any kind of idea which provides with money is a business. In this pandemic or post pandemic situation finding a business idea which will promise to settle itself is really difficult and so here we are listing down below few business ideas which can be taken into account.

                                 The first in the list is —

  1. ONLINE TEACHING— If you are in teaching or like teaching passionate about it and don’t know how to start it since all the educational institutions are closed now and recruitment process might take longer than usual. So, here is a fantastic idea to explore which is online teaching. Here we are listing few ideas which will help you to explore or be a teacher in online mode of education.
  2. Upload an advertisement through facebook, whatsapp and instagram of every details.
  3. Upload your profile in byju, urbanpro, shaw academy and the like where they call you and mail based on the requirement.
  4. Ask your known ones relatives, friends, parents and others that if they can arrange for students.
  5. Teaching means any kind of teaching art, craft and any kind of skill so even if you want to turn your hobby into profession you are free to do so.
  • CONSULTANT— I you know that you can guide people for the best for finance management, job idea and change and any other than you can go forward as a consultant. In India consultants are given trainings before they actually step into the job world few of those trainings are—training as a consultant, master in education, psychologist and many other even counselling is a part of the same. But in abroad there might not be this kind of rigidity. In this time of post pandemic, people have lost their jobs, clueless about education so people needs consultant service which will guide them in the right path in every way.
  • SERVICE PROVIDER—This is the third option which one can avail as a service provider. If you are multi talented or have potential managerial skill than you can provide service based on your skills and talent. Like—if you know to cook than provide service to people as a cook, if you know to stitch well provide the same to people demanding those. Here also you have to explore your own skills and talents before you start your business as a service provider.

                                         

  1. Upload your profile in byju, urbanpro, shaw academy and the like where they call you and mail based on the requirement.
  2. Ask your known ones relatives, friends, parents and others that if they can arrange for students.
  3. Teaching means any kind of teaching art, craft and any kind of skill so even if you want to turn your hobby into profession you are free to do so.
  • CONSULTANT— I you know that you can guide people for the best for finance management, job idea and change and any other than you can go forward as a consultant. In India consultants are given trainings before they actually step into the job world few of those trainings are—training as a consultant, master in education, psychologist and many other even counselling is a part of the same. But in abroad there might not be this kind of rigidity. In this time of post pandemic, people have lost their jobs, clueless about education so people needs consultant service which will guide them in the right path in every way.
  • SERVICE PROVIDER—This is the third option which one can avail as a service provider. If you are multi talented or have potential managerial skill than you can provide service based on your skills and talent. Like—if you know to cook than provide service to people as a cook, if you know to stitch well provide the same to people demanding those. Here also you have to explore your own skills and talents before you start your business as a service provider.

                  Thus these are the most easily explorable business ideas which one can practise just by being at home just one needs time , investment and involvement.

The Evolving Education of India

Education is the most powerful weapon which you can use to change the world.”   – Nelson Mandela

Photo by Fox on Pexels.com

 It is said that education is the key to freedom, a power to change the world and make world a better place to live. Education is a continuous process which enriches our mind with the light of knowledge  and provides us the ability to distinguish between right and wrong. There was a time when India had a high illiteracy rate, but slowly with the time things are changing for the better. The Education System of India has developed gradually.

Education during British Rule

The British East India Company planned to educate a small portion of Indians for their own benefit. They wanted some educated Indians who could assist them in their work and also wanted to know the customs and laws better. Various Universities were established by Britishers to follow their purpose. Calcutta Madarsa was established by Warren Hastings for study and teaching of Muslim Law. Jonathan Duncan set up the Sanskrit College for study of Hindu Law and philosophy at Varanasi. Slowly, English was being used as the medium of teaching and learning.

Changes after Independence

Pre-Independence the education was only available for the elites, this scenery was changed Post Independence. Now Education was accessible to large number of society. After Independence India was in a very poor condition, Under-Developed India was the biggest challenge that came forth. A large number of people were illiterate ,though from 18% of literacy rate in 1951 has raised up to 73 % as of 2011.Today, India has very strong and widespread education system which is successfully competing with the world.

Committees set up

  • University Education Committee (1948) : The Commission was inspired  under the leadership of Sarvapalli Radha Krishnan, this committee aimed upon  setting up Universities to provide  education for the development of overall  personality. This Commission also stressed over the purpose of “Women should get good education as men get”.
  • Secondary Education Commission (1952-1953) : It is also known as Mudaliar Commission.The main recommendations of this commission was to provide seperate schools for girls to the places it was needed. It also focused over providing special facility to study of Home Science. Target of this Commission was to the need of training Indians in a democratic way of life.
  • Kothari Committee (1964-1966) :

Kothari Commission is also known as the Indian Education Commission .Daulat Singh Kothari  was the chairman of this committee, it was set up to formulate the general principles and guidelines which was very much needed for the development of the education system. It stressed at providing free and compulsory education to all till the age 14. It focused over the development of languages  specially by  implementing ‘three-language formula’ , and keeping in check with the quality of education being provided.

Educational policies of India

 National Policy Education (1968)

This was first such kind of policy that came up in 1968.It focused over the culture based curriculum and strengtening the structure of resource support, compulsory education for all children till the age of 14. It also aimed at better training and qualification of teachers. To promote the standardisation of language Hindi was adopted as national language and elementary to higher education was made an integral part of urban and rural India.

Education in Pandemic

Covid-19 has changed the whole chalk and duster dynamic of conventional education system. Lockdown made everything to shut down including schools, colleges and coachings.  where everything came to pause and when there was no light found at the end of the tunnel, E-learning came up and reshaped the educational system of India. Distinctive hike in e-learning have taken place due to pandemic. But to standardise education the government of India should reach out to the students who are unable to afford such technologies and devices for education and learning.

Best Places to visit in New York

What would it feel like to travel to one of the world’s most famous cities?

New York City or NYC is the most populous city in the United States and also one of my favorite travel destinations. Some people come here to enjoy the Broadway shows; others come specifically to shop and dine, and; many simply come to see the sites.

The City Tour

New York is a vast and diverse city, it has something for everyone. This city has a high-energy vibe throughout the year and that’s why some people call it a city that never sleeps. A few budget-friendly places can be:-

Statue of liberty

One of the most iconic sights, the Statue of liberty is on every first-time visitor’s list of the things to do in New York. It is spectacular to see it up close.

Brooklyn Bridge 

The Brooklyn Bridge is the first roadway to connect Manhattan and Brooklyn and it offers an easy 25-minute walk into Brooklyn and the waterfront park on the other side of the bridge which can also become a 40 minutes walk if you stop for taking Instagram-worthy photos, As you make your way across you will get to see a lot of amazing views of Manhattan which makes being there totally worth it.

Top of The Rock

The top of the rock also called Rockefeller Centre is best for views whilst exploring Manhattan as it provides you a 360-degree view of Manhattan. There are many other viewing points around the city but there’s something special about New York’s Top of The Rock.

Empire State Building 

If you want a perfect shot of the New York City Skyline then the only best place for it is the Empire State Building. This building is a historic landmark which makes it one of the top places to visit in New York.

Times Square

One of the best things to do in NYC is to visit Times Square, especially during Christmas and new year’s eve. No matter what the time is it is always crowded with people. 

Outdoor Spaces

New York has so much to see and do, with numerous world-famous museums, fantastic restaurants, historic neighborhoods but there are also a massive amount of free things to do in New York and one of them is the world’s largest city park. Yes, I’m talking about Central Park. A perfect way to relax in a bustling city is to spend your day surrounded by beautiful lakes, public art, and even a zoo with loads of open space. 

Washington Square Park

Named after United States first president George Washington, Washington Square Park would be another good option. It is a good place for hangouts.

The Subway 

If you want to get a sense of the heart of the city then you must try taking the subway. It may not be very comfortable but you will be able to see a live performance at different stations. 

Tickling the Taste Buds

Let’s be honest, one thing we all love is to eat. There are so many markets, restaurants, cafes, and bars in NYC. This city is a paradise for a foodie.

Katz’s Delicatessen

It is New York’s most famous restaurant mostly known for its classic sandwiches. It has a variety of food on its menu. You will enjoy every bite of it.

Spicy Village

Those who love chicken must try this place. Spicy Village is a small restaurant located in Chinatown in Manhattan. This place stands because of its powerful flavors and style of home-cooked food.

Pizza and Bagels

Who would mind a bit of a cheesy pizza or a freshly baked bagel? There is no “best” place for pizza or bagel. A few spots where you can try yummy pizza are Joe’s Pizza in Greenwich Village and Di Fara Pizza in Brooklyn. For bagels, Absolutes bagels hit the spot.

The Friends Experience

Another reason to visit NYC could be FRIENDS. The famous American television sitcom Friends is a huge part of many people’s lives be it teenagers or adults. Even though the series was filmed in Burbank, California; it was based on six friends living in New York. A true fan of this show would die to pose on the iconic orange couch. Grabbing a cup of coffee at Central Perk is a dream come true for every friend’s fan.

Simandhar Education is a one-stop solution for CPA/CMA preparation.

Being a student of Simandhar education has been a valuable experience and has contributed to my personal growth.

Some reasons which make Simandhar stand out when it comes to CPA/CMA preparation are :

  • Faculty: Simandhar has highly qualified top faculties which simplify the concepts for you through real-world examples and make the learning experience fun. The mentorship of Sripal Jain sir gives the right direction to your preparation.
  • Mock tests and study material:  Simandhar ensures regular revision of topics and helps brush up your concepts via quizzes, mock tests and up to date study material. 
  • Placement assistance: The telegram group of Simandhar education regularly keeps the aspirants posted about the latest job opportunities and provide placement assistance. They have corporate tie-ups with some of the Big Four and fortune 500 companies.
  • Personality Development: Besides academics, webinars and sessions from the industry leaders provide valuable insights into the corporate world. They also offer soft skills training through initiatives such as the Toastmasters club, which helps build your overall personality.

I can personally vouch for simandhar education. It is definitely worth the investment for your bright future.

“RAMADAN”

Ramadan is the ninth month of the Islamic calendar observed by Muslims worldwide as a month of fasting(sawm), prayer, reflection and community. A commemoration of Muhammad’s first revelation,the annual observance of Ramadan is regarded as one of the Five Pillars of Islam and lasts twenty-nine to thirty days, from one sighting of the crescent moon to the next.


Fasting from dawn to sunset is fard (obligatory) for all adult Muslims who are not acutely or chronically ill, travelling, elderly, breastfeeding, diabetic, or menstruating.The predawn meal is referred to as suhur, and the nightly feast that breaks the fast is called iftar.

Although fatwas have been issued declaring that Muslims who live in regions with a midnight sun or polar night should follow the timetable of Mecca,it is common practice to follow the timetable of the closest country in which night can be distinguished from day.


The spiritual rewards (thawab) of fasting are believed to be multiplied during Ramadan. Muslims refrain not only from food and drink, but also tobacco products, sexual relations, and sinful behavior,devoting themselves instead to salat (prayer) and recitation of the Quran.

History

Muslims hold that all scripture was revealed during Ramadan, the scrolls of Abraham, Torah, Psalms, Gospel, and Quran having been handed down on the first, sixth, twelfth, thirteenth (in some sources, eighteenth) and twenty-fourth Ramadans, respectively. Muhammed is said to have received his first quranic revelation on Laylat al-Qadr, one of five odd-numbered nights that fall during the last ten days of Ramadan.

Although Muslims were first commanded to fast in the second year of Hijra (624 CE) they believe that the practice of fasting is not in fact an innovation of monotheism but rather has always been necessary for believers to attain taqwa (the fear of God).They point to the fact that the pre-Islamic pagans of Mecca fasted on the tenth day of Muharram to expiate sin and avoid drought. Philip Jenkins argues that the observance of Ramadan fasting grew out of “the strict Lenten discipline of the Syrian Churches,” a postulation corroborated by other scholars, including theologian Paul-Gordon Chandler,but disputed by some Muslim academics.