562
Costing, FM & SM and Motivation
बच्चे मन के सच्चे एक मौका न छोड़ते मजे लेने का😂
बच्चे ने तारीफ के साथ वीडियो भी भेजी है कि सुन लो कोरोना को तुमने ही बुलाया है🤣🤣🤣
*News 12 June 2021*
*Mint*
=> FinMin tells govt depts, ministries to cut expenses
=> HC rejects Amazon, Flipkart plea against CCI antitrust probe
=>Sebi to probe PNB Housing Fin’s ₹4,000 cr deal with Carlyle, others
=> Maharashtra city announces more relaxation in Covid-induced curbs from Monday
=> India's forex reserves cross record $600 billion-mark for first time
=> Mukul Roy returns to TMC, Mamata says he was threatened in BJP
...........................................
*Business Standard*
=> Centre borrows less than planned amid second wave of Covid-19 pandemic
=> Antitrust case: HC paves way for CCI investigation against Amazon, Flipkart
=>Enforcement Directorate issues notice to WazirX, directors over FEMA breach
=> Coronavirus : India records 84,695 cases, 4,000 deaths in last 24 hours
=> At $605 bn, India ties with Russia as fourth largest forex reserves holder
=> Room for domestic steel price hike paves way for Rs 76,500 cr investments
*Economic Times*
=> Indian government clarifies the dosage intervals for Covishield
=> US mulls changing its tax code to ensure people like Bezos & Buffet pay their fair share in taxes
=>More people will come from BJP: Mamata after Mukul Roy re-joins TMC
=> Faltering for years, Ford is finally showing signs of a revival
=> Keep expenses in check, finance ministry tells ministries
=> 'Life goes on, it's just tennis,' says Nadal after French Open reign ends
...........................................
*Financial Express*
=> Covid-19: Supreme Court rejects plea for fresh loan moratorium relief
=> Covid-19: National sero survey this month, to cover 21 states
=>Finance minister asks ministries to accelerate capex, clear dues to MSMEs, PSUs
=> Govt aims to raise domestic gas production by 75% in three years
=> India opens up for coal export as CIL allows overseas trade for auctioned coal
=> USFDA rejection of Covaxin not to impact India’s Covid-19 vaccination drive
*Hindustan Times*
=> Mehul Choksi denied bail by Dominican high court, called 'flight risk'
=> GST Council meet today; tax cut on Covid essentials, black fungus drug on agenda
=>Mukul Roy’s move fans talk of turncoats following suit
=> Tsitsipas outlasts Zverev in five-set thriller to enter maiden French Open final
=> Apple is going to allow users to sign up without passwords using Face, Touch ID
=> Mumbai Rains: IMD issues red alert for June 13, 14
............................................
*Indian Express*
=> Covaxin efficacy data out soon
=> Gujarat govt praises NREGA: 'lifesaver' for migrants
=>Centre lists out areas for ministries to cut expenditure
=> Reset signal as the wave abates: PM Modi sounds out leaders, Ministers
=> Advantage Mamata: Snubbed by the BJP, Roy’s exit was waiting to happen
=> France backs India, asks G-7 to lift export curbs on vaccine materials
............................................
Our twitter handle is @cduniya
............................................
*The Hindu*
=> India unlikely to allow return of 4 Kerala women who joined Islamic State
=> Djokovic defeats 13-time champion Nadal in 'greatest' French Open display
=>Modi meets Adityanath, Amit Shah to iron out issues
=> SC refuses to hear Mumbai Police ex-chief’s plea seeking transfer of inquiries
=> Mukul Roy returns to Trinamool Congress
=> India records more than 82,500 new infections
............................................
*The Times of India*
=> Covid vaccination: Pvt hospitals to be allotted doses based on location & demand
=> No US emergency nod coming, Covaxin to seek full approval
=>Djokovic defeats 13-time champion Nadal in 'greatest' French Open display
=> Mukul Roy dumps BJP, returns ‘home’ to TMC
=> You may soon get a driving licence without any test at RTO
=> Modi praised UP’s measures to battle second wave: UP government
*Financial News*
*8 June, 2021*
*Economic Times*
Ø Indian Oil signs up to invest Rs 24,000 crore in Gujarat refinery expansion, petrochemical project
Ø PSU bank privatisation plan could face hurdles amid Covid: Fitch
Ø Curb excess import of edible oils from Nepal, trade body SEA tells government
Ø Homebuyers’ body FPCE says RERA’s project completion objective yet to be achieved
Ø Second Covid wave may restrict CV sales growth to 23-28 % in FY22: Crisil
Ø Govt extends free foodgrains scheme till Nov for 80 crore beneficiaries
*Business Standard*
Ø Lenders can realise Rs 55,000-60,000 crore from IBC cases in FY22
Ø Reserve Bank imposes penalty on Bank of India, PNB totalling Rs 6 crore
Ø Sebi fines Franklin MF Rs 5 cr, asks it to return Rs 512 cr fund mgt fees
Ø Anil Ambani to raise stake in Reliance Infra via creeping acquisition
Ø US FDA approves Biogen's drug aducanumab to treat Alzheimer's disease
Ø ED transfers Rs 5,600-cr UBL shares to recovery officer's demat account
*Business Line*
Ø Lenders approve Tata Steel arm’s bid for Rohit Ferro-Tech
Ø Tata Digital to invest $75 million in CureFit
Ø India to add 20GW wind capacity by 2025: GWEC
Ø IREDA extends CPSU scheme phase II deadline till June 15
Ø CIE-IIITH, SucSEED join hands to invest in deep tech startups
Ø MRF posts ₹431-cr profit in Q4
*Mint*
Ø America offers the backdrop for global economic trends
Ø Sebi tweak prompts companies to advance listing plans
Ø Paytm said to move ahead with planned $3 billion IPO
Ø Quess Corp’s new dividend policy gives hope to investors
Ø Jaypee insolvency: Suraksha group sweetens bid just before lenders' meet
Ø DHFL shares may get delisted post acquisition by Piramal
*Financial Express*
Ø NCLT approves Piramal Group’s offer for DHFL on certain conditions
Ø Businesses struggling with rising cost of raw materials: PHDCCI survey
*Business World*
Ø Goodyear Acquires Cooper Tire & Rubber Company
Ø Union Bank Of India Q4 Profit At Rs 1,330 Cr
'The evil you do remains with you. The Good You Do, Comes back to you in multiples.
Good Morning🌞
New Course Complete set of colorful book @ ₹ 2000.
And classes on app @1000.
For RS PATHSHALA STUDENTS.
OFFER UPTO 15 JUNE
Air and Water, the most precious things, don't have a shape of their own and that's why they can fit anywhere.
Be flexible and fit anywhere to be most precious.
Good Morning🌞
*Financial News*
*2 June, 2021*
*Economic Times*
Ø Non-banks' NPAs may rise to 4.5-5 per cent by March 2022: Icra
Ø GMR, Adani, Godrej Properties among 9 companies qualified to redevelop the iconic CSMT railway station
Ø Sugar production up 13 pc to 305.68 lakh tonnes during Oct'20 - May'21
Ø Gold traders write to Finance Ministry to increase settlement period of gold metal loan
Ø SBI invites bids from ARCs for two accounts for recovering Rs 409 crore
Ø CIL's coal offtake jumps 38 per cent to 55 million tonnes in May
*Business Standard*
Ø Second Covid wave threatens India's long-term credit rating, warns Moody's
Ø ITC adjusted PAT rises 6.5% in Q4, declares final dividend of Rs 5.75
Ø Credit losses set to decline for most Asia Pacific banks, says S&P
Ø Sebi permits off market transfers to ease fund relocation to IFSC
Ø Suzlon bags order to develop 252 MW wind power project from CLP India
Ø Sebi bans eight, including 2 company staff, for insider trading in Infosys
*Business Line*
Ø SBI’s Ecowrap revises FY22 GDP projection to 7.9% from 10.4%
Ø Without gas transmission pact with GSPL, IGX’s growth is hit: Mediratta
Ø TVS Motor total sales down 30 per cent in May
Ø PNB to write to IRDAI on stake sale plan in Canara HSBC OBC Life, says MD and CEO
Ø Maruti Suzuki sales decline 71 per cent in May over April
Ø Rolex Rings gets SEBI nod to launch IPO
*Mint*
Ø BRICS call for reforming United Nations, IMF, WTO and WHO
Ø OPEC+ set to sign off on July increase as market tightens
Ø Govt waives registration certificate issuance, renewal fee for EVs
Ø Sebi kicks in higher peak margin on day trade from today
Ø Wadhawan moves SC against NCLAT stay against his offer for DHFL
Ø PNB slashes MCLR across select tenors from today
*Financial Express*
Ø BSE SME, BSE Startups seek listing of small enterprises in ICT exports; partner with industry body ESC
Ø Revenue from shrimp export to jump 20% in CY21: Crisil
*Business World*
Ø BSE StAR MF Logs Record 1.14 Cr Transactions Worth Rs 30,938 Cr In May
Ø Rupee Falls For 2nd Day, Declines 28 Paise To 72.90 Against Dollar
What about CA AND CMA PAPERS,🤔🤔
Читать полностью…
The moment you accept responsibility for everything in your life is the moment you gain the power to change anything in your life.
Good Morning🌞
*Financial News*
*28 May, 2021*
*Economic Times*
Ø UBS warns of more downside risks to growth on longer lockdowns
Ø Size of RBI's balance sheet up 6.99 per cent for nine months to March 2021
Ø Unemployment rate could touch double-digit mark in May: CMIE
Ø Supply-demand imbalances may continue to exert pressure on pulses, edible oils: RBI
Ø Notes in circulation go up on account of precautionary holding of cash amid pandemic: RBI
Ø Bank frauds fall by 25% in a year: RBI annual report
*Business Standard*
Ø United States first quarter GDP unchanged at robust 6.4% annual rate
Ø Page Industries Q4 net profit rises about 4-folds to Rs 115.56 cr
Ø Sun Pharma Q4 net more than doubles to Rs 894 cr on better operational show
Ø Paytm plans to launch India's biggest IPO, aims to raise $3 billion
Ø Strides Pharma posts Rs 43 cr Q4 profit vs Rs 207 cr loss a year ago
Ø Sovereign gold bonds sales fetch Rs 25,702 crore till March end
*Business Line*
Ø BPCL says no intention to sell stake in Petronet, IGL
Ø Goodyear India posts ₹43-crore PAT in Q4
Ø Indian Retail sector faces stormy year ahead, with likely losses of $30 billion
Ø Local lockdowns temper India’s economic activity in April
Ø Infibeam Avenues Q4 PAT up 33 per cent to ₹32 cr
Ø CCI nod for intra-group reorganisation of the Motherson Group
*Mint*
Ø TCS acquires GE's stake in TCS Saudi Arabia
Ø RBI flags risk of bubble in Indian equity markets
Ø Eicher Motors total operations revenue down by 5% to ₹8,720 cr in FY21
Ø Housing demand to reach pre-Covid level after FY'23: Crisil
Ø Market capitalisation of BSE-listed firms hits record high of ₹220.74 lakh crore
Ø HSBC to exit US retail banking sector
*Financial Express*
Ø Wockhardt Q4 net loss at Rs 106.84 cr
Ø PC Jeweller posts net profit of Rs 59.59 cr in Q4
Ø Banks need to closely monitor asset quality, prepare for higher provisioning: RBI
*Business World*
Ø Sensex Ends Above 51,100, Nifty Registers Record Closing High
Ø UCO Bank Mar Qtr Net Profit Jumps About Five-Folds To Rs 80 Crore
RS Pathshala Free Video topic wise
Topic-1 Regular batch Complete Service Costing
https://www.youtube.com/watch?v=CdQ9KfWQEPE&t=26674s
Topic-2: Throughput Accounting
https://www.youtube.com/watch?v=wlPEGjzcQ04&t=6562s
Topic-3: Pricing Decision - Concept, policies and practical
https://www.youtube.com/watch?v=KPtFyZ00z1c
Topic-4 Transfer Pricing
https://www.youtube.com/watch?v=QfK0pvGDEww&t=1314s
Topic-5: NETWORK CHAPTER | FLOT, RESOURCE LEVELING, RESOURCE SMOOTHING AND TIME-SCALED DIAGRAM
https://www.youtube.com/watch?v=1gFdYHZFXLk&t=3221s
Topic-6 Balanced Scorecard
https://www.youtube.com/watch?v=pMwFl1P7hFE&t=2982s
Topic-7 PM TQM Most Difficult Question
https://www.youtube.com/watch?v=p75W4tJBRZg&t=309s
https://www.youtube.com/watch?v=MvXRcxYLpsE
Topic-8: Crashing
https://www.youtube.com/watch?v=RzLRK0cu2PA&t=1647s
Topic-9: Assignment
https://www.youtube.com/watch?v=uX-YqeTbTec&t=276s
https://www.youtube.com/watch?v=wj7u1f_SLf0&t=3136s
CA Ravi Shanker
(CA, CMA)
[EIRC Toppers, NIRC Topper]
[Facility of SCM & PE and AMA]
Applicability – CA Final- Both Course
New course – Strategic Cost Management and Performance Evaluation (SCM and PE)
Old Course – Advanced Management Accounting (AMA)
Coverage:
1. Latest Study material
2. Past RTP’s and MTP’s
3. Past More than 60 attempts questions
4. Practice Manual
5. Other important questions of other institution
6. Future expected question for examination
Making mistakes is our NATURE,
Acceptance of mistakes shows our CULTURE and
Correcting mistakes decides our FUTURE.
Topic : Backflush Costing (Backflushing)
Chapter Name : Lean System and Innovation
Subject : CA Final - SCM & PE
CMA Final - SCM
Uploading time: 11AM on 17-4-2021
Enjoy the study and give us feedback by way of likes and shares.
Free Costing theory ..
https://ngfmm.courses.store/80028
🇮🇳Business News Headlines
Economic Times
Ø India's Agriculture Exports jump to $ 41 Billion
Ø Bank of Baroda cuts MCLR for various tenors
Ø Century Ply Q4 Profit rises 115% to Rs 83 Crore
Ø NHPC March quarter profit rises 80% to Rs 464 Cr
Ø IIFL Home Finance looking to raise up to Rs 1,000 Cr through bonds
Ø 3rd tranche of open market purchase of Rs 40,000 cr G-Secs on June 17: RBI
Ø RBI hikes ATM interchange fee to Rs 17 from Rs 15; allows 5 free ATM transactions
Ø Tata Steel eyes growth opportunities after paring debt beyond target
Ø Slintel raises $20 Million in funding round led by GGV Capital
Ø Edtech startup Leverage Edu raises $2 Million from Trifecta Capital
Ø US annual inflation jumps to 13-year high of 5% in May
Business Standard
Ø Tata Digital to acquire majority stake in online healthcare marketplace 1MG
Ø GST Council to meet Saturday, discuss tax exemption on Covid-19 essentials
Ø Fintech firms expect business as usual by July, says FACE survey
Ø YES Bank board approves fundraising up to Rs 10K crore via debt securities
Ø Koo expands its wings, govt of Nigeria joins microblogging platform
Ø Amazon gets UK antitrust scrutiny over data usage, says report
Ø In a first, Verizon brings commercially available private 5G network in US
Ø G-7 plans 1 Billion extra Covid-19 Shots to end pandemic next year
Ø Gati Ltd looks to shut two more businesses post cold chain exit
Ø Eightfold AI raises $220 mn from SoftBank Vision fund, valuation doubles
Financial Express
Ø Lenders start voting on resolution plan of RCFL
Ø Coal Sector facing some headwinds from financial markets: Govt
Ø Cult.fit acquires Tread to launch hardware-at-home biz
Ø At 6,499 MW, Delhi sees highest power demand this Summer
Ø JSW Steel output rises 10 % to 13.67 LT in May
Ø Wipro IT Services approves issuance of up to USD 750 mn dollar denominated notes
Ø IIT Madras to develop software to monitor maritime traffic
Mint
Ø Monsoon sets in over Odisha, to cover entire state in 2 days: IMD
Ø OPEC sees Oil demand recovery gaining strength in second half of the year
Ø Waterfield Advisors hits first close of its Rs500 Crore Fund of Funds
Ø Govt to auction 'major' oil, gas fields of ONGC, Oil India: Dharmendra Pradhan
Ø 49% of new-to-credit retail borrowers below 30 years, 24% were women: Report
Ø Electric mobility startup Cell Propulsion raises $2 Million
Ø Kale Logistics raises $5 Million in Series A funding led by Inflexor Ventures
Ø LIC’s Individual Annual Premium equivalent decline 13% in May
*Financial News*
*7 June, 2021*
*Economic Times*
Ø 'Indian consumer confidence hits record low in May 2021 amid COVID second wave': RBI survey
Ø SIDBI invites bids from consultants to help set up Rs 20,000 cr NaBFID
Ø India slips two spots on 17 SDGs adopted: Report
Ø Biden reinvigorates tariff war against India with retaliation against digital tax
Ø Labour codes on the cards: Cos' PF liability to go up, workers to see reduction in take-home pay
Ø India likely to benefit from global minimum 15% corporate tax pact
*Business Standard*
Ø Reckitt Benckiser to sell China baby-formula business in $2.2-bn deal
Ø AMC Entertainment drama is exposing risks in $11 trillion world of indexing
Ø Private equity firms in deal to acquire Medline for about $34 billion
Ø DHFL back in the black, posts Rs 97-crore net profit in March quarter
Ø No green shoots: New investment projects fall in FY21, lowest since FY05
Ø India continues to be one of stronger markets among Asian Ems: Ritu Arora
*Business Line*
Ø ICDs: Concor to lease Railway land for 35 years in ₹3,500-cr deal
Ø Debt scheme redemptions: SEBI to charge key officials of Franklin MF with fraud
Ø Bombay Burmah to exit plantations business
Ø In a turnaround, FPIs buy stocks worth ₹7,967 cr
Ø Digital piracy rises amid pandemic; original content creators lose money: EY
*Mint*
Ø Franklin Templeton investors to get ₹3,205 cr in fourth tranche
Ø DHFL resolution case: NCLT to pass order on Monday
Ø Yellen says higher interest rates would be ‘plus’ for US, Federal Reserve
Ø Paytm to lend founder Sharma’s firms ₹743 crore ahead of IPO
Ø RIL’s startups step in to limit covid-19 damage, boost business
*Financial Express*
Ø Second COVID-19 wave not to impact India’s agri sector in any way: Niti Aayog
Ø G-7 nations sign key pact to make tech giants pay fair taxes
Ø Power Crisis: Despite PFC-REC loan, discoms’ dues rise 8% at April-end
*Business World*
Ø Ebixcash Ropes In Economist SP Kothari To Its Board Of Directors
Ø Reliance Infra Board Approves Raising Up To Rs 550.56 Cr Via Preferential Allotment
*Financial News*
*3 June, 2021*
*Economic Times*
Ø India's trade deficit jumps 74.69% YoY to $6.32 billion in May: Govt data
Ø Industry bodies urge RBI to put off new audit rules
Ø Banks, asset managers want RBI to allow sale of fraud loans to ARC
Ø Mallya loan default case: Banks' claim of Rs 6,200 cr loss not imaginary, says court
Ø India’s diamond exports are expected to surpass $20 billion: Crisil Report
Ø ITC's FMCG brands cross Rs 22,000 crore annual consumer spend in FY21
*Business Standard*
Ø Sebi gives foreign investors more time to furnish contact, income details
Ø Jio accelerating digital platforms, indigenously-developed 5G stack: RIL
Ø Wipro sells stake in Denim Group for $22.42 mn, acquires stake in Squadcast
Ø Sun Pharma, Ferring Pharma ink pact to introduce obstetric drug in India
Ø Motherson Sumi Systems posts nearly eight-fold jump in Q4 profit
Ø Tata Power Solar gets letter of award from NTPC for Rs 686-cr project
*Business Line*
Ø Goods exports in May surge 67% to $32.21 billion
Ø Adani Green arm commissions 150-MW wind project at Kutch
Ø Ministry notifies amendment in GST law for levying interest on net cash liability
Ø Rossari Biotech inks pact to acquire Unitop Chem for ₹421 cr in cash
Ø Zoom revenue up 191% YoY to $956.2 million in Q1
Ø Venus Remedies annual sales rise 61% at ₹548 cr
*Mint*
Ø Pfizer engaged in talks with India for Covid-19 vaccine supply
Ø Sebi gives more time for implementation of SMS alerts for IPO through UPI
Ø Kotak launches pre-IPO fund, plans to raise Rs2,000 crore
Ø Tata Consumer enters direct-to-consumer premium coffee, tea market
Ø Franklin Templeton MF says returned ₹14,572 cr to investors of 6 shut schemes
Ø Rupee falls, ends at 73.09 per dollar
*Financial Express*
Ø Revised ECLGS will help hotels, aviation sector, tour operators: Crisil
Ø Nestle working on company-wide project to update its nutrition, health strategy
*Business World*
Ø Sensex, Nifty End Flat Amid Volatility, Metals and PSBs Outperform
Ø India Exports 11,49,341 MT Of Seafood During 2020-21
*Vaccination Camp for CA Final Students (18-45 age) at ITO on 2nd June 2021*
Venue: *Anuvrat Bhawan, Deendyal Upadhaya Marg, ITO, New Delhi*
Rate: *Rs.500/- subsidized rates*
*Slots available: 500*
Vaccine: *Covishield* (first dose only) on first come first serve basis by pre-registering for the same
NIRC of ICAI is thankful to (i) *P K Jain Foundation* and (ii) *Dr Swarn Chawla Memorial Foundation* for bearing balance cost and supporting NIRC of ICAI in this noble cause.
Payment has to be made after receiving confirmation from NIRC but beforehand final details of the slot will be shared only after receiving payment. Also, please ensure your registration on CoWin before scheduling slot.
Registration Link:
https://forms.gle/NWMUVunAtDqjUPAa8
For any query Contact:
*CA Gaurav Garg*,
Chairman NICASA 9899994934
*CA Avinash Gupta* Chairman NIRC 9810751999,
*CA Harish Kumar Chaudhary*
Convener, NIRC COVID Task Force - 9891457129
Regards
*Team NIRC
How much ever nice you are, whatever you do, there will be few people who will never like you and find faults, But you should not give in. Be yourself.
Good Morning🌞
Direction is more important than speed. We are so busy looking at our speedometers that we forget the milestone.
Good Morning🌞
Our mind is the Strongest and the most powerful healer of your body.
Be positive, Be optimistic.
Good Morning🌞
Our mind is the Strongest and the most powerful healer of your body.
Be positive, Be optimistic.
Good Morning🌞
Examination postpone without future date.
Читать полностью…
TOTAL QUALITY MANAGEMENT & Business Excellence Model AND CASE STUDY
CA/CMA FINAL
https://youtu.be/fr01IGBHF64