Latest news with #InstituteofCostAccountantsofIndia
Time of India
28-05-2025
- Business
- Time of India
ICMAI's city chapter bags award
Vadodara: The Baroda chapter of the Institute of Cost Accountants of India (ICMAI) has been awarded the Best Chapter Award in Category A during the national chapters meet held recently in Bhubaneswar, Odisha. The award was presented by ICMAI president Vibhuti Bhushan Nayak and vice president TCA Srinivasa Prasad at the national conference. Representing the Baroda chapter, chairperson Amrita Vyas — the first woman to hold the post — and vice chairperson Priyank Vyas received the honour on behalf of the team. The western region of ICMAI comprises five states — Gujarat, Maharashtra, Madhya Pradesh, Chhattisgarh, and Goa — along with the union territories of Diu-Daman and Dadra and Nagar Haveli. The Baroda chapter stood out among its peers due to its consistent efforts in promoting CMA (Cost and Management Accounting) courses, strengthening industry associations, conducting membership drives, and launching professional development initiatives. "This award is a recognition of our chapter's commitment to professional excellence and outreach," said chairperson Amrita Vyas.
Time of India
12-05-2025
- Politics
- Time of India
War not a Bollywood movie but a serious and expensive last resort: Former army chief MM Naravane
Pune: Former army chief General MM Naravane has said that a war is not a "romantic" or "Bollywood" movie but a very serious and expensive last resort. "War or violence should be the last thing that we resort to. And that is why our Prime Minister said that this is not an era of war," he was addressing a diamond jubilee function of the Institute of Cost Accountants of India (Pune Chapter) on Sunday. "Unwise people will force us into wars, but it should not be what you cheer for, and again, people are asking why we did not go for all-out war. As a military man, if ordered, I will go to war, but that will not be my first choice. My first choice will always be diplomacy, how to settle differences through dialogue, and not let it reach the stage of armed conflict. We should try to resolve all our differences through dialogue, not only between countries but even amongst ourselves," he a war breaks out, there is death and destruction, Naravane said. "It has its own costs, the cost of rebuilding, but also the cost of the military equipment that is lost." He further said war and warfare are an expensive business. "If we have long, drawn-out conflict stretching into weeks and months, then imagine what each loss would mean in the immediate terms. And what each of these losses cumulatively added up to would mean when you have to recoup that at the end of the war." Naravane said when the Kargil conflict occurred, the total cost was close to Rs1,500 crore out of which Rs800 crore was of the Indian Air Force. "The reconstruction cost in the bunkers in the border regions and remaking of roads was hundreds of crores of rupees." On the social aspects, Naravane said the scars of the war remain in the minds of families for generations. "The lives that are lost. The children who lose their parents. Children who themselves are killed in indiscriminate shelling in the border areas. Nobody takes that into account. The displacement of the population that is happening. It leads to trauma among adults and children. There is trauma among the children in the border areas, who have seen the shelling, who have run for shelter every night, and those who have lost their loved ones. That trauma carries on for generations. There is post-traumatic stress disorder. People subjected to intense combat and combat conditions, witnessed gruesome acts, wake even 20 years later, bathed in sweat and need psychiatric care," he he said the Indian armed forces, by carrying out strikes deep within Pakistan, have proved that Pakistan would have to bear a very "heavy cost" if they wish to continue on their "foolish path". "Our forces not only targeted Pakistani terrorists' camps but also damaged their airfields deep down. If they continued their foolish path, it would cost them too much. This forced their hands to call for cessation, and that is why their Director General of Military Operations (DGMO) called our DGMO to discuss cessation," the former army chief to questions from members in the audience, Naravane said, "Nuclear weapons have always been a cause for concern but we have a nuclear doctrine of no first use, especially against non-nuclear nations and history has shown that nuclear weapons work very well as a deterrent but have never been used actually except for the first two times against Japan at the closing stages of World War II.""Even now, if you see the conflict in Ukraine, it is actually between nuclear powers — Russia on one side and the whole of NATO on the other side, which has two, three of the major nuclear powers of the world, but nobody talks about nuclear weapons. They are used for posturing; whenever some reverses are there, you dangle that nuclear card, but everybody knows in their hearts of hearts, it is only a threat," he added. Pune: Former army chief General MM Naravane has said that a war is not a "romantic" or "Bollywood" movie but a very serious and expensive last resort. "War or violence should be the last thing that we resort to. And that is why our Prime Minister said that this is not an era of war," he was addressing a diamond jubilee function of the Institute of Cost Accountants of India (Pune Chapter) on Sunday. "Unwise people will force us into wars, but it should not be what you cheer for, and again, people are asking why we did not go for all-out war. As a military man, if ordered, I will go to war, but that will not be my first choice. My first choice will always be diplomacy, how to settle differences through dialogue, and not let it reach the stage of armed conflict. We should try to resolve all our differences through dialogue, not only between countries but even amongst ourselves," he a war breaks out, there is death and destruction, Naravane said. "It has its own costs, the cost of rebuilding, but also the cost of the military equipment that is lost." He further said war and warfare are an expensive business. "If we have long, drawn-out conflict stretching into weeks and months, then imagine what each loss would mean in the immediate terms. And what each of these losses cumulatively added up to would mean when you have to recoup that at the end of the war." Naravane said when the Kargil conflict occurred, the total cost was close to Rs1,500 crore out of which Rs800 crore was of the Indian Air Force. "The reconstruction cost in the bunkers in the border regions and remaking of roads was hundreds of crores of rupees." On the social aspects, Naravane said the scars of the war remain in the minds of families for generations. "The lives that are lost. The children who lose their parents. Children who themselves are killed in indiscriminate shelling in the border areas. Nobody takes that into account. The displacement of the population that is happening. It leads to trauma among adults and children. There is trauma among the children in the border areas, who have seen the shelling, who have run for shelter every night, and those who have lost their loved ones. That trauma carries on for generations. There is post-traumatic stress disorder. People subjected to intense combat and combat conditions, witnessed gruesome acts, wake even 20 years later, bathed in sweat and need psychiatric care," he he said the Indian armed forces, by carrying out strikes deep within Pakistan, have proved that Pakistan would have to bear a very "heavy cost" if they wish to continue on their "foolish path". "Our forces not only targeted Pakistani terrorists' camps but also damaged their airfields deep down. If they continued their foolish path, it would cost them too much. This forced their hands to call for cessation, and that is why their Director General of Military Operations (DGMO) called our DGMO to discuss cessation," the former army chief to questions from members in the audience, Naravane said, "Nuclear weapons have always been a cause for concern but we have a nuclear doctrine of no first use, especially against non-nuclear nations and history has shown that nuclear weapons work very well as a deterrent but have never been used actually except for the first two times against Japan at the closing stages of World War II.""Even now, if you see the conflict in Ukraine, it is actually between nuclear powers — Russia on one side and the whole of NATO on the other side, which has two, three of the major nuclear powers of the world, but nobody talks about nuclear weapons. They are used for posturing; whenever some reverses are there, you dangle that nuclear card, but everybody knows in their hearts of hearts, it is only a threat," he added.
NDTV
12-05-2025
- Politics
- NDTV
"War Is Not Romantic, Not Your Bollywood Movie": Ex-Army Chief Manoj Naravane
Pune: Former Indian Army chief General Manoj Naravane has slammed questions being raised on the suspension of hostilities between India and Pakistan, saying war is not romantic and is not a Bollywood movie. Speaking at an event in Pune, General Naravane said if ordered, he would go to war, but diplomacy would be his first choice. He said there is trauma among people living in the border areas, including children who have seen shelling and have to run to shelters at night. "For those who have lost their loved ones, that trauma will be carried through generations. There's also something called PTSD (Post Traumatic Stress Disorder). People who have seen gruesome scenes wake up sweating even after 20 years and need psychiatric care," he said. General Naravane was speaking at a programme organised by the Institute of Cost Accountants of India. "War is not romantic. It is not your Bollywood movie. It is very serious business. War or violence should be the last thing we should resort to, which is why our Prime Minister said this is not an era of war. Although war will be forced upon us by unwise people, we should not cheer for it," he said. "Still, people are asking why we have not gone for a full-out war. As a military man, if ordered, I will go to war, but that will not be my first choice," the former Indian Army Chief said. General Naravane said his first choice would be diplomacy, settling differences through dialogue and not reaching the stage of armed conflict. "We are all equal stakeholders in national security. We should try to resolve differences not only between countries, but amongst ourselves, whether in families or between states, regions and communities. Violence is not the answer," he said. India launched Operation Sindoor on early May 7 to destroy seven terror infrastructures in Pakistan and Pakistan-Occupied-Kashmir in retaliation to the Pahalgam terror attack. India and Pakistan on Saturday announced reaching an understanding to stop all firings and military actions on land, air and sea.
Mint
12-05-2025
- Politics
- Mint
‘War will be forced upon us by unwise people…,' ex-Army chief Manoj Naravane says, ‘war is not a Bollywood movie'
Former Indian Army Chief General Manoj Naravane criticised those who questioned the recent suspension of hostilities between India and Pakistan, stating that 'war is neither romantic nor a Bollywood movie'. Speaking at an event in Pune on Sunday, Naravane emphasised that while he would not hesitate to go to war if commanded, diplomacy should always be the preferred course of action, ANI reported. He also highlighted the emotional and psychological toll on civilians living near the border, particularly children who endure nighttime shelling and are forced to seek shelter. 'For those who have lost their loved ones, that trauma will be carried through generations. There's also something called PTSD (Post Traumatic Stress Disorder). People who have seen gruesome scenes wake up sweating even after 20 years and need psychiatric care,' he said. Naravane was speaking at a programme organised by the Institute of Cost Accountants of India. 'War is not romantic. It is not your Bollywood movie. It is very serious business. War or violence should be the last thing we should resort to, which is why our Prime Minister said this is not an era of war. Although war will be forced upon us by unwise people, we should not cheer for it,' he said. "Still, people are asking why we have not gone for a full-out war. As a military man, if ordered, I will go to war, but that will not be my first choice," the former Indian Army Chief said. Naravane said his first choice would be diplomacy, settling differences through dialogue and not reaching the stage of armed conflict. "We are all equal stakeholders in national security. We should try to resolve differences not only between countries, but amongst ourselves, whether in families or between states, regions and communities. Violence is not the answer," he said. India launched Operation Sindoor on early May 7 to destroy seven terror infrastructures in Pakistan and Pakistan-Occupied-Kashmir in retaliation to the Pahalgam terror attack. War is not romantic. It is very serious business. War or violence should be the last thing we should resort to. India and Pakistan on Saturday announced reaching an understanding to stop all firings and military actions on land, air and sea. Key Takeaways War should always be a last resort, with diplomacy as the preferred approach. The emotional and psychological impact of conflict on civilians, particularly children, is profound and long-lasting. National security is a shared responsibility, and resolving differences peacefully is essential.
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Business Standard
12-05-2025
- Politics
- Business Standard
'War is not Bollywood movie', says ex-Army chief on Operation Sindoor
Speaking at an event in Pune, Naravane said if ordered, he would go to war, but diplomacy would be his first choice Press Trust of India Pune Former Indian Army chief General Manoj Naravane has slammed questions being raised on the suspension of hostilities between India and Pakistan, saying war is not romantic and is not a Bollywood movie. Speaking at an event in Pune, Naravane said if ordered, he would go to war, but diplomacy would be his first choice. He said there is trauma among people living in the border areas, including children who have seen shelling and have to run to shelters at night. "For those who have lost their loved ones, that trauma will be carried through generations. There's also something called PTSD (Post Traumatic Stress Disorder). People who have seen gruesome scenes wake up sweating even after 20 years and need psychiatric care," he said. Naravane was speaking at a programme organised by the Institute of Cost Accountants of India. "War is not romantic. It is not your Bollywood movie. It is very serious business. War or violence should be the last thing we should resort to, which is why our Prime Minister said this is not an era of war. Although war will be forced upon us by unwise people, we should not cheer for it," he said. "Still, people are asking why we have not gone for a full-out war. As a military man, if ordered, I will go to war, but that will not be my first choice," the former Indian Army Chief said. Naravane said his first choice would be diplomacy, settling differences through dialogue and not reaching the stage of armed conflict. "We are all equal stakeholders in national security. We should try to resolve differences not only between countries, but amongst ourselves, whether in families or between states, regions and communities. Violence is not the answer," he said. India launched Operation Sindoor on early May 7 to destroy seven terror infrastructures in Pakistan and Pakistan-Occupied-Kashmir in retaliation to the Pahalgam terror attack. India and Pakistan on Saturday announced reaching an understanding to stop all firings and military actions on land, air and sea.
