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Imagine Saibaba Colony hosting epic cultural fests! Why not plan music and art events with a futuristic twist? Get Coimbatore buzzing with creative vibes!

Picture Gandhipuram as a film hotspot! Why not screen quirky short films in community halls? Explore Coimbatore’s storytelling future with local creators!

Imagine building cool gadgets from scrap in Peelamedu! Why not start a tinkering lab for quirky circuits? Coimbatore’s tech lovers, get ready to innovate!

Picture Coimbatore homes zap-free! Why not use smart wiring tricks in RS Puram to beat rainy sparks? Explore futuristic electrical hacks for safer living!

Imagine Siruvani kids learning with fun tech! Why not start a tutoring hub with quirky science games? Volunteer in Coimbatore’s rural schools to spark young minds!

Picture Peelamedu as a tech hub for wild web designs! Why not code quirky UI with AI tools? Join Coimbatore’s coder community to shape the future of websites!

Imagine Saibaba Colony’s eco-homes made of mud! Why not build houses with local clay that stay cool naturally? Explore futuristic designs for a greener Coimbatore!

Picture yourself charming crowds in Gandhipuram! Start a fun club to practice quirky speech tricks with VR tools. Why not shine as Coimbatore’s next big speaker?

Imagine Gandhipuram’s roads with smart bikes! Why not tweak two-wheelers with eco-sensors for smoother rides? Visit VOC Park to brainstorm cool bike hacks for the future!

Picture RS Puram homes with glowing kolam designs! Create futuristic patterns using eco-dyes at a community workshop. Why not make your doorstep a starry masterpiece?

Imagine Coimbatore’s Peelamedu fields growing rare millets! Why not start organic farms with quirky tech to boost yields? Explore sustainable ideas for tastier, healthier crops!

Piyush Goyal, Union Minister for Commerce and Industry, emphasised today the importance of striving to quadruple bilateral trade between India and Africa by 2030. Addressing the valedictory session of the 20th edition of the CII India Africa Business Conclave in New Delhi, Mr Goyal stated that trade between India and Africa is fairly balanced, with India's exports and imports totaling 42.7 billion dollars and 40 billion dollars, respectively. The Minister also emphasized that the two countries have complementary strengths in agriculture, food security, healthcare, critical minerals, renewable energy, construction, mining, water, wood, and lighting services. He claimed that Indian manufacturers can play an important role in satisfying Africa's growing demand for inexpensive mobility solutions. Mr. Goyal also highlighted India's assistance to Africa during the COVID-19 outbreak.

The Minister also stated that India's Unified Payments Interface (UPI) might help to reduce transaction costs and enhance Africa's financial systems. He urged African nations to join India on global platforms such as the World Trade Organization, claiming that the Global South is the authentic voice of the developing world. Inviting African countries to increase engagement with India. In return, India might increase its imports of African resources, such as key minerals and petroleum. He stated that this balanced exchange will benefit both regions by expanding commerce, creating jobs, and establishing long-term industrial ties.

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Banana Exports to Russia.

Russia is set to significantly boost its banana imports from India, with plans to import between 300,000 and 500,000 metric tonnes annually. This move is expected to strengthen trade relations between the two nations.

Key Highlights:

- India's Banana Production: India is the world's largest banana producer, with an annual output of about 33 million tonnes.

- Export Growth: India's banana exports were valued at around $300 million in 2023-24, up from $176 million the previous year.

- Target: India aims to reach $1 billion in banana export value in the coming years.

- Diversification Strategy: Russia seeks alternative fruit suppliers amid disruptions in Latin American supplies.

Benefits for India:

- Strengthened Agricultural Export Portfolio: India's agricultural export portfolio is expected to strengthen.

- Enhanced Economic Partnership: The initiative enhances India's economic partnership with Russia.

- Increased Farmer Income: The move is expected to increase farmers' income and improve livelihoods.

Next Steps:

- Technical Consultations: Both sides will hold further technical consultations on phytosanitary standards and export requirements.

- Sea Route Transition: APEDA is working on transitioning from air freight to cost-effective sea routes for fruit exports

Yamraj was sitting with deep thinking. Looking at him, his friend Naradha asked “what is wrong with you? You are looking sad”. “Yes, dear friend, one of my accused (a soul) complaint about my judgment to the lord Brahma….” Yam replied. “… all because of my assistant Chitragupta!”.
“Is it?” Naradha asked, “But he is a great accountant!”
Heaven or hell? Lord Chitragupta, as Yama’s accountant, keeps a complete record of sins and good deeds of human beings. Towards this, he creates a log of all human lives to record human deeds from birth to death. It is according to this log that a heaven or hell decision is made. The confusion began to set in when a soul came to him and got sent to the wrong gate the hell.
“I tell you about the dead soul who was a man who belongs to a group of four thieves. One day all went to burglarise a locked house and took whatever it is available. Then all fled away with their chances. Their crime is equal to a hundred days of imprisonment in hell and if we divide each one should get twenty-five days of it” Yam explained.
“What mathematics!” Naradha asked “So?”
“My accountant said that the particular soul had the portion of wealth, by chance, which is a diamond valued nine times of all other shares and so, he should get ninety days imprisonment in hell,” Yamraj said.
“You gave ninety days of punishment instead of twenty-five days. The soul appealed to Lord Brahma and now you are in trouble.” Naradha confirmed.
“Absolutely!” Yamraj accepted. “Is it the mistake of Chitragupta or mine? How do I explain the calculations?”
Naradha answered “Neither. It is the mistake of cost accounting concepts. Hereafter you follow Throughput accounting!!!”
............
“Have you read throughput accounting?” Naradha asked, “where did you get the material?”.
“It is an Ebook purchased in an online store”-Yamraj replied and added “I have to clarify some doubts and want to email authors”

Throughput accounting (TA) is a financial management method used primarily in the context of Theory of Constraints (TOC), developed by Eliyahu Goldratt. It focuses on optimizing the flow of materials and resources through an organization to maximize profitability rather than traditional cost-based accounting methods, which tend to emphasize cost reduction and efficiency at every level.

The central idea behind throughput accounting is to maximize throughput (the rate at which the system generates money through sales) while simultaneously minimizing the investment (capital tied up in inventory and operational expenses) and operational expenses (costs related to running the business, excluding inventory).

Key Elements of Throughput Accounting:

Throughput (T): This is the rate at which money is generated by sales. In simple terms, it's the revenue generated from the sale of a product minus the variable costs (costs directly associated with producing the product).

Throughput=Sales Revenue−Totally Variable Costs


Investment (I): This refers to the total amount of money tied up in the system, primarily in inventory, machinery, buildings, etc.

Operating Expenses (OE): These are the costs of running the business that are not directly tied to production (like salaries, utilities, rent, etc.).

Key Metrics:

Throughput per unit of constraint: In the Theory of Constraints, the "constraint" is the part of the process that limits the overall system's output. The idea is to optimize throughput by focusing on improving the performance of the constraint.

Return on Investment (ROI): In throughput accounting, ROI is calculated based on throughput, investment, and operating expenses. The goal is to maximize throughput while minimizing investment and operating expenses to maximize ROI.

Key Concepts:

Focus on Constraints: The theory suggests that every organization has one or more bottlenecks (constraints) that limit the overall performance of the system. These constraints must be identified and optimized to improve throughput.

Simplified Costing: Instead of using traditional methods like absorption or activity-based costing, throughput accounting simplifies the approach by emphasizing revenue and direct costs (like raw materials) while treating fixed costs and overheads as operating expenses.

Advantages of Throughput Accounting:

Focus on profitability: It helps businesses make decisions that increase profitability by emphasizing the relationship between sales and the variable costs involved in producing products.

More aligned with TOC: Throughput accounting works hand-in-hand with the Theory of Constraints by focusing on the system’s overall flow and helping to remove bottlenecks.

Simpler than traditional costing: Since it does not focus on detailed allocation of overhead, it’s less complex than traditional cost accounting.

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When the whole word is queuing up to buy gold, beware that’s the sign of the upcoming crash. Be smart ! buy after every crash ! Not on every high !

Any Bubble would burst ! A sudden expansion would definitely have a disturbance and a small crash. Sometimes large ! So do not Buy Gold or Silver Now !

Cash out the profit ! That’s the purpose of investment. Greed leads to fall.

The Mutual Recognition Arrangement (MRA) between India and Australia refers to the agreement signed on 24 September 2025 to mutually recognize each other’s organic certification systems under the India–Australia Economic Cooperation and Trade Agreement (ECTA).​

Key Details of the MRA
Date and Venue: Signed at Vanijya Bhavan, New Delhi, on 24 September 2025.​

Implementing Agencies:

India: Agricultural and Processed Food Products Export Development Authority (APEDA).

Australia: Department of Agriculture, Fisheries and Forestry (DAFF).​

Scope of the Arrangement
The MRA applies to organic products produced and processed in both countries, including:

Unprocessed plant products (excluding seaweed, aquatic plants, and greenhouse crops).

Processed plant-based foods (including those with third-country certified ingredients processed in either India or Australia).

Organic wine.​

Purpose and Benefits
Certification Equivalence: Each country now recognizes the other’s organic certification systems, removing the need for double inspection or certification.​

Trade Growth: Expected to significantly boost India’s organic exports, which were valued at USD 8.96 million in FY 2024–25, mainly psyllium husk, coconut milk, and rice.​

Farmer Benefits: Organic products typically command 30–40% higher prices, improving rural incomes.​

Market Access: Allows Australian organic producers (including wine and cereals) easier access to India’s rapidly growing USD 2.9 billion organic market, projected to reach USD 16.5 billion by 2033.​

Broader Significance
This MRA strengthens bilateral cooperation in agri-trade, reinforces food safety collaboration through a related Memorandum of Understanding on Food Safety, and advances both nations’ commitment to sustainable and transparent organic production under their Comprehensive Strategic Partnership.