Business Bytes 2020 (Volume 11)

PHOENIX: NEW WINGS ! NEW FLIGHT!!!!!!.. In wake of the current scenario and challenging times it is very important to keep in touch ; and continuous brainstorming is called for .This is where SWOT analysis comes in .Our team is trying its best to keep the ball rolling and indulging in various activities to keep the board ticking. Silver lining in the cloud….. ● Our student Varun Parihar , who is the general manager of our business was judged as the first runner for the most enterprising student prize and received a camera in the event. On this great achievement Varun shared his experience as an active team member of Phoenix.Following is the link for the same which was uploaded on our facebook page. https://m.facebook.com/story.php?story_fbid=773919593376685&id= 1040591079361961

● Our students in a bid to keep a contact with the customers and target groups sent in E greetings on the occasion of Raksha bandhan and Independence day. https://www.facebook.com/1040591079361961/posts/32799932 58755054/ (link for the video of Raksha Bandhan) ● School enterprise challenge has been introducing various optional activities for students to keep them engaged since school got closed due to COVID in March 2020.One of the activities was “Branding for your Business”.Our student Aryan D Rout of class 12 C made a fresh logo and video of our business which was selected and published for SEC website. ● Our journey in the past few years was summed up in a lovely video which was uploaded on our facebook page. The link of the same is as follows. https://www.facebook.com/1040591079361961/posts/32825855 78495822/

● In order to induct new students our team members made a welcome video which highlights the main reasons for the youngsters to be the part of team phoenix. https://www.facebook.com/1040591079361961/posts/32840923 28345147/ ● We conducted a workshop on Mandala Art on 10/10/2020 for our new members and saw a wholehearted participation from the participants. Following are the glimpses of the workshop. https://www.facebook.com/1040591079361961/posts/34303731 03717068/ ● A workshop on Zentangle art was conducted on 17/10/2020 .The artist who guided us was Ms Tanu Narang. https://www.facebook.com/watch/?v=450522419259484 Compiled by Members of Phoenix club “Success can be attained in any branch of human labor.There is always a room at the top in every pursuit.” -ANDREW CARNEGIE

WE THE PEOPLE!!!!!!! India is a country with plethora of talent; manpower and craftsmenship. From Kathiawari work ( Rajasthan) to lucknawi (UP),to Kanjeevaram down south ,miniature painting (Rajasthan ,Gujarat and malwa);mural art(Ladakh to Arunachal pradesh),Bronze sculpture (Tamil Nadu, Kerala, Karnataka ,Andhra and Telangana);we have a rich culture. Unfortunately, this is also the cause of worry. The human resource is available in abundance and hence; our craftsmen are not getting their dues. This has various interrelated which are responsible for this: ● Education is still a dream in certain areas and highly uneven especially in the interiors of rural India ● This has lead to lack of an organized labor market and low bargaining power among the people ● The disposable income has been creeping up very slowly through out the states of Bihar, Madhya Pradesh ,Odisha, Rajasthan ,UP and Bengal-traditionally have been branded as low income states. ● Demonetization resulted in reducing this further as the per capita income growth was meagre 5.6%;which was at a 5 year low at that time. ● This has left very less money to spend on discretionary items and thus restricts the sale of non essential products ● This has marred the growth of our handicrafts industries and hence artwork which is rarest of its form is nearing natural death.

● Cheaper Chinese products whether its electronic items ,crackers ,decoration items or other daily consumables -has had a major impact since they offer merchandise at a price of 10%to 70%below their original counterparts they help the consumers in saving their hard earned income. ● The attack of COVID 19 has given massive blow to the labour market and snatched away the livelihood of many including these artisans. WAYS AND MEANS……. Some steps that can be taken to overcome this gloom: 1. Just like the government has the concept of minimum support price in case of food grains, there should be blanket of MSP for the artisans and craftsmen 2. Promotion of the art works in the form of trade fair and provision of more of such platforms for the artisans and crafts men. 3. Skill development (vocational )curriculum to be introduced to blend education with nurturing of our indigenous talent. 4. Action to be taken to enhance the per capita income of the people so that they have the capacity to spend and buy Indian products than falling in the trap of cheaper versions of goods 5. Programmes by the government to reincarnate the feeling of belongingness, sense of duty and responsibility towards the nation among the people 6. Steps to be taken for prevention of foreign products to capture Indian markets and Indian products to be made available at competitive rates (price competence) 7. Strict quality check at the ground level to make our products competent enough in the foreign markets 8. Continuous support to our handicraft industry to augment the connect between artisans and the consumers(domestic as well as foreign) HANISHA MEHTA XIIC

BE VOCAL FOR LOCAL – A mere slogan or strategic move????? BE VOCAL FOR LOCAL mantra has brought out the significance for our local brands to have a global presence. India is the biggest and the fastest-growing market in the world for the majority of the product categories. PM Narendra Modi, in his national address on 12th May said the Covid- 19 crisis has taught India the importance of local manufacturing and supply chains. “It is time to be vocal about local,” he said. Modi talked about the importance of ‘atma-nirbharta’ (self-reliance) and announced a Rs 20 lakh crore package. India in the past six years, successfully achieved Make In India, Swachch Bharat Mission and Cashless Economy. Now PM MODI introduced Atma nirbhar BHARAT which aims at overall development of economy, infrastructure, system, democracy and demand. Be vocal for local implies the economic concept of ‘Swadeshi’ advocated by Mahatma Gandhi during Indian freedom struggle era. According to Gandhian economy, Swadeshi is that spirit within us which restricts us to use the service of our immediate surroundings to the exclusion of the more remote. It aims at the removal of unemployment and poverty. It doesn’t advocate rejection of foreign trade, in fact it advocates a healthy and non-exploitative form of trade. Swadeshi is not just good, it comprises of our culture, tradition and values. Gandhiji wanted that people in India should have sufficient demand for their produce; therefore, he pleaded for the use

of Swadeshi goods. However, its wrong to assume that he was altogether against foreign goods. It is clear from his words: “It is criminally foolish to produce the goods which are not profitable to be produced in our country, instead of producing them we should import them.” The campaign 'Be Indian Buy Indian' will encourage all Indians to buy 'Made in India' products by using only some specially curated creatives on the social media platforms. The campaign will also encourage citizens to look for Made in India tags just as they check manufacturing date and MRP of items before buying any product. This simple principle, if followed, will help the country to rebuild its economy and become self-reliant. It also implies the trade protectionism and pushes a flawed economy & resurrect the domestic manufacturing units by actively encouraging customers to buy products which are made in India. This campaign has led to the use of local products instead to foreign products. Some steps taken by government this are- Canteens of police and para military forces have been directed only to sell goods made in India; The central government has decided that it will not buy goods and services valued less than 200 crore rupees from global companies By being vocal for local, we aren’t rejecting globalization, but calling for a new form of it. Self-reliance in the new vision for India is neither exclusionary nor isolationist. Local has helped us through this crisis and has helped us survive. By improving our local manufacturing and productive efficiency, we can compete with the world as well as help the world. Atmanirbharta is the need of the hour for the Indian economy, as India is importing at a large scale from other countries. China accounts for a sizable portion of India’s top imports, especially where intermediate products and raw materials are concerned. It has also been the top exporter of products like electrical machinery, equipment and their parts, nuclear reactors, organic and inorganic chemicals, fertilizers as well as vehicles, their parts and accessories.

The neighboring country also accounts for 45 per cent of India’s total electronics imports. A third of machinery and almost two-fifths of organic chemicals that India purchases from the world comes from China, according to the Confederation of Indian Industry. Automotive parts and fertilizers are other items where China’s share in India’s import is more than 25 percent. Several of these products are used by Indian manufacturers in the production of finished goods, thus thoroughly integrating China in India’s manufacturing supply chain. For instance India sources close to 90 per cent of certain mobile phone parts from China. Even as an export market, China is a major partner for India. At $15.5 billion, it is the third largest destination for Indian shipments. At the same time, India only accounts for a little over two per cent of China’s total exports, according to the Federation of Indian Export Organization (FIEO) Therefore, For an economically independent India, we need to rise to the occasion and support our local businesses. We need to create products and services that are made in India, made for India and also made for the world. We also need to refocus our strategies from being profit-driven to becoming more people centric. The ongoing COVID-19 pandemic has forced companies and businesses to rethink their operational strategies. Many businesses used this opportunity to boost production and exports. Services like Yelo, Tookan, Panther and Fugu are entirely local and made for a global audience. After 72 years of Mahatma’s death, we are trying to follow his economic path which is the best alternative way to solve the chronic problems of Indian economy. It’s implication needs to be adopted with absolute commitment that will be the biggest tribute to the father of the nation on his 150th Birth Anniversary. ARYAN D ROUT 12 C

A NEW MARRIAGE ON THE BLOCK Joint ventures and tie-ups are the flavor of the season. Our economy is rich in the most precious asset that a country can ever have and that is human resources. And with fair enough knack to learn ,imbibe and implement new ideologies ,practices, methods our people have a lot to gain and build a strong skill base for the overall development .Also ,there is job creation which helps our people to get employment. It also leads to cultural enrichment and exchange in the case international players coming into picture . Such is the case of the new tie up between Mark Zuckerberg (Facebook) and Mukesh Ambani(Reliance industries).The two stalwarts recently signed a mega deal INR 43574 crores with a sale of 10% equity stake in Jio to face book. This deal has made Facebook the largest minority shareholder in Jio platforms limited. This deal is likely to give a huge lift to Ambani’s online grocery venture, Jio Mart. With this Reliance mart plans to take on the online grocery specialists like Bigbasaket, Grofers as well Silicon valley giants such as Amazon and Walmart.

Calling India a \"special place\" for Facebook, Zuckerberg, said, \"We are committing to work together on some critical projects that we think are going to open up a lot of opportunities for commerce in India. It's home to the largest communities around the world on Facebook and WhatsApp, and there are a lot of talented entrepreneurs, and it's also in the middle of a major digital transformation that's being led by organizations like Jio that over the last four years, have worked to get hundreds of millions of Indians onto the internet.\" HARNUR SINGH XIIC “Build your own dreams, or someone else will hire you to build theirs.” -FARRAH GRAY.

IT GLITTERS AND IT IS GOLD !!!!!!!! No one had ever imagined to be trapped in one’s own house ;mass unemployment was taught in books; production in all sectors rose at a steady pace. With the onset of COVID ; many have been rendered jobless. PRODUCTION SALES EARNINGS SAVINGS INVESTMENTS This chain aforesaid was disturbed across the world. Many sectors and economies came to a standstill . With this sentiment ; the confidence of an investor in the different investment avenues has gone down. THE WINNER IN CRISIS However ;this trend seems to lost hold in the case of our own best friend -GOLD. The prices of gold have hit new highs.This is also coupled with an upward trend in gold prices in international market. Causes of this rally in gold;(along with silver and platinum): 1.gold is often used as a safe haven of value during the situations of political and financial uncertainty.

2.Tensions between US and China and growing worries over economic conditions have resulted in search of safe investment avenues worldwide. 3.In the wake of these tensions and a weaker dollar and expectations of more stimulus to revive pandemic-hit economies has lifted the metal’s appeal as an inflation hedge. 4.Indians are among the world’s leading consumers of gold with the metal constituting a major portion of total imports. We tend to buy gold since it is considered a safe investment. Investors study the market for fluctuations in prices, which dictate demand. 5.The US government shut down also lead to downward movement in US dollar, though gold rates did no see much impact at the time. 6.There are some auspicious days and occasions during which investment in gold is considered a good omen India. 7.Risk assets like equity and debt are falling worldwide amid uncertainty over growth. 8.Dollar printing has increased leaving investors with a lot of disposable income; which is being invested in gold.

Following table shows the historical gold rate trend in India: Source:BankBazar.com As per ET NOW Digital (updated on April 2020) gold price may rise to Rs 82,000 per 10 grams by the end of 2021.Keeping the sunny side up lets ride on these waves and enjoy being the viewer of the roller coaster ride of the economy. SHREYA “Chase the vision and XIIC not the money;the money will end up following you.” -TONY HSIEH

WHO DRIVES THE ECONOMY????? Let me ask you all a question. Who drives the technology and economy at present? The answer is COVID-19. Everything on earth has been affected directly or indirectly due COVID-19. But we all are a special species and are well capable of overcoming such adverse situations. Apart from that we have experienced a lot of changes in different areas of the economy . The COVID-19 pandemic has accelerated new technology trends, including digital payments, telehealth and robotics. These trends help reduce the spread of the coronavirus while helping businesses stay open. A few of the changes seen are as follows:

1. REMOTE WORK / WORK FROM HOME Many companies have asked employees to work from home. Remote work is enabled by technologies including virtual private networks (VPNs), voice over internet protocols (VoIPs), virtual meetings, cloud technology and work collaboration tools. But a big issue is faced by such companies i.e. cyber security and threat to firms' confidential data . 2. ZERO TRUST SECURITY Due to the coronavirus, millions of people are connecting to business networks from home, using equipment that is unknown to their IT organizations. This has pushed many enterprises to up their game with their cybersecurity measures. A zero-trust approach provides an added layer of protection against unknown visitors. It can also help guard against flaws within organizations that brought systems online quickly in order to get employees working from home quickly, with minimal security checks giving attackers the opportunity to enter them with ease.

3. ONLINE EDUCATION Going to schools in this pandemic was out of context. Schools and universities pledged to go digital with the help of various educational tools and video conferencing applications. All this wasn’t figured out in a single day but took shape gradually. Today, schools conduct online classes just like the way they did back then and both the students and teachers have adapted to the dynamic habitat. 4 E-COMMERCE AND LOGISTICS E-Commerce needs to be supported by a robust logistics system. But in the current scenario in-person delivery is not a good idea as its not virus-proof. Many delivery companies and restaurants are launching contactless delivery services where goods are picked up and dropped off at a designated location instead of from or into the hands of a person. Some e-commerce giants are ramping up their development of robot deliveries and a few have already put the robots into action. However, before robot delivery services become prevalent, delivery companies need to establish clear protocols to safeguard the sanitary condition of delivered goods. 5 .ROBOTS AND HEALTHCARE COVID-19 is taxing healthcare systems and medical professionals in every country it spreads to. Telemedicine, supported by robots, makes it possible for medical professionals to communicate with patients remotely, saving time and allowing possibly contagious

patients to stay confined. Not only can robots communicate with individuals quarantined due to coronavirus, but they can also acquire vital patient information and help doctors treat patients. It is true that a minute (tiny) virus has created huge problems and utter turmoil all over the world. But all these trends are a mark of the future and these changes are expected to thrive post covid-19 and become part of our daily lives. Afterall, advancement in technology makes it easier for us and the economy to prosper. - JEEVAN MANOJ XII C “All humans are entrepreneurs not because they should start companies but because the will to create is encoded in human DNA.” -REID HOFFMAN

WHY “NEW EDUCATION POLICY”? After a 34- year gap, on July 29,2020, the Union Cabinet approved a new National Education Policy. The first policy came in 1968 and the second policy came in 1986, under Indira Gandhi and Rajiv Gandhi respectively. It was revised in 1992 when P.V. Narsimha Rao was Prime Minister. The third released under the prime ministership of Mr. Narendra Modi. The National Education Policy, 2020 is meant to provide an overarching vision and comprehensive framework for both the primary and the higher education across the country. As education is a concurrent subject, so implementation of its proposals depends on further regulations by both the State and the Centre. The new National Education Policy has not been presented in Parliament. It is a policy, not a law. There are some of the key proposals. First, for Primary Education, the new National Education Policy proposes to change the school curriculum structure from the current 10+2 with a 5+3+3+4 structure. It led to bringing the children from ages 3 to 5 years within the formal

education system for the first time and ensuring curricular continuity in the last 4 years. It introduced some other major initiatives for school education. For instance, A mission for foundational literacy and numeracy; under mid-day meal scheme, free breakfast being added to free lunches in government schools; vocational education along with internships from class 6; and also it proposed redesign of the board examination. Second, for higher education, the National Education Policy proposes a new umbrella regulator with separate verticals for regulation, standard-setting, accreditation, and funding. It will absorb arts and science, technical and teacher education into its fold. It will replace several existing regulatory bodies and also ensure a level playing field for public and private players. Top foreign universities will be allowed to set up their campus in India. Maybe, the introduction of 4-year undergraduate degrees, with options for entry and exit at various stages; the abolition of the M-Phill program and a credit transfer system will be the biggest change for students and it will be introduced from 2020-21 academic year while others continue with an existing 3-year degree course. The new national education Policy is meant to transform the education system by 2020. Implementation will be done in phases. It will be based on time, region, and types of institutions. Some proposals will be implemented immediately. It will start with the change in the name of the Ministry of Human Resource Development into the Ministry of Education.

The National Testing Agency will introduce a pilot version of the common entrance test by December 2020. Some Indian Institutes of Technology are working on developing the technical structure of the Academic credit banks. The National Council of Educational Research and Training (NCERT) will introduce the curricular framework for the new school structure. It will include early childhood care by the next academic year. There are many challenges in implementation. The idea of setting up the Rashtriya Shiksha Aayog is crucial because it helps to integrate the approaches and programs of multiple departments. Bringing medical or agriculture or legal education under one umbrella is very critical. Language issues have to be handled sensitively. The NEP recommended doubling of public funding to 6% of the GDP and also increasing overall public expenditure on education to 20% from the current 10%. A three-language formula has been proposed: Children learn languages most quickly between 2-8 years and multilingualism has great cognitive benefits for students. The NEP said, the three languages learned by the children will be the choices of states, regions, and of course, it will be the choice of students themselves. Sanskrit will be offered as an option at all levels of school and higher education; adding that other classical languages will also be available, while at secondary level foreign languages will be offered. It will promote multilingualism. As we all know that “Education is a

concurrent subject”. That’s why the policy clearly states that the kids will be taught in their mother tongue or regional language. Restructuring the school curriculum and pedagogy in a new 5+3+3+4 design: It will be reconfigured to make them relevant to the developmental needs and interests of learners at different stages of their development. The curricular framework for school education will, therefore, be guided by a 5+3+3+4 design: • 5 years of the foundational stage- 3 years of pre-primary school and grades. • 3 years of the preparatory stage- grades 3,4,5 • 3 years of the middle stage- grades 6,7,8 • 4 years of high stage- grades 9,10,11,12 All stages will heavily incorporate Indian and local traditions, as well as ethical reasoning, socio- emotional learning, logical learning, languages, and communication skills in a manner that is developmentally appropriate. Curricular integration of essential subjects and skills: Each and every student must have a large amount of flexibility in choosing their individual curricular. Well, at the same time this policy envisions that certain subjects and skills should be learned by every student in order to become good, successful, innovative, and productive human beings in today’s rapidly changing world. HARSHITA (XIC)

INFLICTING THE BONE MARROW OF OUR ECONOMY?? We have been attached and linked to media ever since our childhood. We live the lives through the stories and portrayals in different presentations and manifestations which compel us see the reality through the colored glasses . We seem to have developed a lasting relationship with the characters and make sure to keep track of the developments in their lives. IN COMES THE VILLAIN…… During the Covid era, the viewership and fanfare has seen a jump.All posts on Facebook, Instagram and WhatsApp are flooded with fanmails,trolls,likes and interviews of the actors of the idiot box.We have found our world in the stories depicted in the daily soap re- runs and take pleasure to go down the memory lane to relive the childhood of our elders.

THE BEGINNING OF THE CHAIN REACTION: However,due to outbreak of this pendemic,there has been an adverse impact on the production, which has hampered the sales,low revenue and direct impact on the disposable income of the people.Since there is negligible production,the TV channels are not getting sponsorship and hence no revenue is generated out of advertisements. The major destruction comes in the form of closure of big channels on TV such as AXN, Dilli Aajtak from times group and Sony by the end of the month. This also has maddening impact on the actors and many of them succumbing to pressure. Also many production houses, cameramen TV anchors will be rendered jobless. This is a major jolt to economic structure of the country. WHAT IS THE WAY-OUT: ● Stringent following of the rules for the well being of human race ● Staying balanced and keeping our head above water under all circumstances. ● Have faith and connect with each other to come out victorious of this fight ● Continuous SWOT analysis (strengths , weaknesses, opportunities, and threats) to hang on till the arrival of the optimal time. Vaibhav XII C

THE SHIP OF GLOBALISATION IS SAILING AWAY…... For the past two decades, globalization has been treated as an ideal concept. Many countries have gone for financial and trade liberalization to reap the benefits of globalization. The developing countries, particularly those in Asia have benefited most from this process. Globalization is the spread of products, technology, information, and jobs across national borders without many barriers. It describes an interdependence of nations around the globe through free trade. But after decades of increasing globalization it seems that the world economy has turned towards deglobalization again. Deglobalization is the process of diminishing interdependence and integration between certain units around the world.. In short, it means a reversal or decline of the effects of globalization.

Deglobalization can be seen in almost all dimensions - goods and services, capital, technology except for social globalization that is people to people flow, for most countries and at the international level. Countries are becoming self-reliant - turning to their own resources to grow their economies. One of the prominent examples of deglobalization movement could be found in the United States of America, where the Bush and Obama administration instituted Buy American Act. Several prominent countries like UK are resisting globalization by rising tariffs. Likewise, the EU has imposed new subsidies to protect their agricultural sectors for their own protection. The start of deglobalization can be traced back to the major economic crisis in 2008 that reduced trade and capital flows including bank lending and FDI between the countries, due to lack of demand, there is increased uncertainty. The US and China trade war added momentum to this trend. And finally ‘The COVID-19’ pandemic has intensified this deglobalization trend further. From past experience we can see that fear leads countries to turn inward. Many countries are now rethinking about trade dependence. Protectionist barriers are rising. Governments are in favor of self- sufficient means of delivering health, economic, and business outcomes rather than depending upon vulnerable supply chains. Like many other countries, coronavirus hit the Indian economy, prompting the government to take necessary measures. The new decision of the Hon'ble PM Narendra Modi to become Atmanirbhar (or self-reliant) has been very well received to make India independent against the tough competition in the global supply chain and to empower the poor adversely affected by COVID-19. Not just India, but other countries around the world such as the US, Vietnam, and in the Asian region also have to become self-reliant and strengthen their manufacturing capacities to ensure that they don’t have to depend on only one country, China. Nations have realized now that they cannot put all their eggs in one basket.

For instance, in Malaysia, we have the Buy Malaysian campaign. The Philippines has its own Buy Filipino campaign, while the US has a Buy American clause. The COVID-19 pandemic simply adds further momentum to the deglobalization trend. Experience also suggests that fear leads countries to turn inward. Many countries are now rethinking trade dependence. The global financial crisis, the great populist movements of 2016, and the US-China trade war may come to represent a cascading course of events for globalization culminating with coronavirus killing it. since the global financial crisis in 2008.In line with the deceleration in trade, cross-border capital flows have also declined. competition between the US and China to foster the deglobalization trend further. Finally, the demise of the WTO could be one of the most relevant turning points towards deglobalization, especially as far as trade is concerned. During the current scenario of covid 19, India who produced zero Personal Protection Equipment (PPE) before March 2020, today produces 2 lakh PPE kits daily, which is growing steadily. The globalization process, including the free flow of trade, capital and people, has stalled since the global financial crisis in 2008.In line with the deceleration in trade, cross-border capital flows have also declined. competition between the US and China to foster the deglobalization trend further. Finally, the demise of the WTO could be one of the most relevant turning points towards deglobalization, especially as far as trade is concerned.

India has demonstrated how it rises up to challenges and uncovers opportunities therein. The new decision of the Hon'ble PM Narendra Modi i.e. to become Atmanirbhar (or self-reliant) has been very well received to enable the resurgence of the Indian economy. The economic package of Rs 20 lakh crore announced by the Prime Minister in the wake of the pandemic is equivalent to 10 percent of the country’s GDP. Like many other countries, coronavirus hit the Indian economy, prompting the government to take necessary measures.The objective of the Atmanirbhar Bharat Abhiyaan is to make India independent against the tough competition in the global supply chain and to empower the poor adversely affected by COVID-19. Nations have realized that they cannot put all their eggs in one basket. Not just India, but other countries around the world such as the US, Vietnam, and in the Asian region also have to become self- reliant. In the post-pandemic world, all nations will have to become self-reliant and strengthen their manufacturing capacities to ensure that they don’t have to depend on only one country, China. De-globalizing the economy completely is not a good idea as globalization to some extent is necessary. KETAN GOYAL XIC

CHARTERED ACCOUNTANCY - An illustrious career option Chartered Accountancy (CA)is one of the most sought after and highest paying career option available to the youngsters. The procedure to become a CA is challenging as candidates have to clear various exams at different levels, but it is very promising . The course duration for Chartered Accountancy is five years ,though it can take more time than that if a candidate takes more than one attempt to clear exams. A qualified CA is hired to deal with the accounts details, tax dues and investments of an organization .CA also assists in solving disputes and avoiding bankruptcy. This Photo by Unknown Author is licensed under CC BY-SA-NC

Some of our students have excelled in this area and following are the highlights of their experience in this field. SATYAM SHIVAM MALHOTRA BATCH:2007-08 JOB PROFILE: Leading the revenue related validations in an Indian Insurance company. Reason for choosing this profession: Chartered Accountancy is one of the most prestigious profession. The degree itself is a bread earner till your last breath. It gives an opportunity to work in almost every country in the world. Chartered Accountancy stands out as the most recognized and recession-proof professions in India. Your memories at SBDAV:I spent complete 14 years in SBDAV starting from Kindergarten to 12th class pass-out.

Innumerable memories from foundation of my childhood to foundation of my career. All the discipline, manners, ethics, morals and values I have is due the faculty of SBDAV. Last 2 years were the most amazing years of my life. Special thanks to the best in class commerce faculty for shaping my character, molding my mental attitudes and fashion my basic principles of life. Your message to the young aspirants of CA: Chartered Accountants are the ones who create economies, create finances to rely upon, create opportunities to grow. They are the back bone of any business. Two letters (CA) gives you name fame and respect. Nothing comes easy in this world so does the CA degree. Constant hard work, focus and dedication are the main ingredients into the making of a Chartered Accountant. CA means challenge it and achieve it. You have to challenge yourself many times but you will achieve it if you believe in yourself. Don’t listen to those who say you can’t do it; you can. You only fail when you quit. TAPAN MADAN BATCH:2007-08 Job Profile: Zonal Credit Manager, Retail Assets, Delhi NCR Grade: Chief Manager Organization: ICICI Bank Limited

Reason for choosing this profession: CA is not a profession but an attitude which enhances all aspects of life .It helps you in becoming a good decision maker as it requires continuous brainstorming you whether one works for someone or has his own practice. It is one of the most secure profession one can choose for a bright future. Every business regardless of its size and nature, require Chartered Accountants for financial consultancy. Moreover, Chartered Accountancy stands out as the most recognized and recession-proof professions in India. It ensures a strong market for one’s skills, where continuous learning of financial ecosystem is paramount. CA’s are also known as backbone of economy as chartered accountants since they play a major role in understanding economy, Demand & supply ,GDP growth etc. Your memories at SBDAV: We too often used to listen “Student life is bed of roses”. Well I certainly say that school days are the best days of your life, golden era which comes in everyone’s life, full of joy and exuberance. I would want to thank each one of my teachers, seniors for investing so much of energy and effort on us and guiding us to choose and do right things in life, both in personal life & in professional era and for being a forever guide even after school life.

HARSHUL ARORA BATCH(YEAR): 2008 JOB PROFILE: Chartered Accountant (CA) in Service Reason for choosing this profession: A profession of repute that looks ahead at promising career opportunities. It provides a platform to not only practice what you learn but also a field to continuously learn and grow. School is the best phase one can experience in life. Some awesome memories, be it morning assembly times, mid-period lunches or canteen fun pop up instantly in my mind and always bring a smile to my face. Your memories at SBDAV: SB DAV has a paramount role in not only shaping my career but also developing me as a person. My gratitude towards my teachers, peers and the overall environment of the institution is beyond expression in words.

Your message to young aspirants: Dream CA Believe CA and Achieve CA The Mantra for becoming a CA is just hard work and dedication. Always remain focused and maintain confidence and belief in your capabilities. COMPILED BY STUDENTS OF CLASS 12C

Truth and dare!!!! in today’s competitive world it is very necessary to remain informed and understand the language of the bizz world to make the best out of a given socio-economic situation. This calls for an in depth knowledge of the terminology of the stock market. Becoming a stock analyst is a dream of all and sundry to make a quick analysis and multiply the resources in a phased manner. Following are the terms that are commonly used in the stock market which a potential investor must be aware about before jumping into this dynamic world of scrips. MIND JOG 1 .Let us know our stock market through the following quizlet. Click and enjoy. https://quizlet.com/_8jwh0y?x=1jqt&i=2ysulf

2. Lets search for the famous personalities of the Indian corporate world from the following puzzle: CLICK THE LINK BELOW FOR SOLUTIONS TO THE ABOVE PUZZLE. https://docs.google.com/document/d/1sybBsa3F9xyW7MyvMiuiGDSej UTsA-jmuZdqn0ygeSA/edit?usp=sharing “When young people’s will to transform reality merges with an indomitable optimism, the possibilities are limitless” -DAISAKU IKEDA