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By:

Kaustubh Kale

10 September 2024 at 11:37:15 pm

Nine Financial Tips for a Prosperous Navratri

As Navratri draws to a close, I wish you and your family happiness, prosperity, and continued success. Festivals are a time of celebration, but they also serve as a valuable reminder to reflect on our financial habits and strengthen our financial discipline. In the spirit of the nine days of Navratri, here are nine essential financial tips to help you stay on track with your financial goals and make your journey towards financial freedom smoother and more secure. Build an Emergency Fund Make...

Nine Financial Tips for a Prosperous Navratri

As Navratri draws to a close, I wish you and your family happiness, prosperity, and continued success. Festivals are a time of celebration, but they also serve as a valuable reminder to reflect on our financial habits and strengthen our financial discipline. In the spirit of the nine days of Navratri, here are nine essential financial tips to help you stay on track with your financial goals and make your journey towards financial freedom smoother and more secure. Build an Emergency Fund Make sure you have at least six months of living expenses saved in a bank fixed deposit or a debt mutual fund. This reserve will serve as your emergency fund for unforeseen situations and ensures you are prepared for any rainy days. Review Your Asset Allocation Revisit your investments to ensure they align with your goals. For short-term goals within three years, bank fixed deposits, recurring deposits, or debt mutual funds are appropriate. For long-term goals beyond three years, a diversified combination of hybrid/equity mutual funds, direct equities, and gold should be preferred. Do Sufficient SIPs Systematic Investment Plans (SIPs) are the backbone of disciplined investing. At least 25-30 percent of your in-hand monthly income should ideally be invested through SIPs in mutual funds, equities, and gold. This consistent approach will steadily build wealth over time. Make Lumpsum Investments Along with SIPs, voluntary lumpsum contributions into long-term assets whenever you have surplus funds can accelerate wealth creation. Even occasional lumpsum additions make a significant difference to the overall corpus. Increase Your SIPs Annually As your income increases, make sure your investments grow as well. Increasing your SIP amounts every year helps your wealth stay in line with inflation and your rising lifestyle needs. Increase your SIPs yearly and anchor them to at least 30 percent of your monthly income. Stay Invested Remain invested until your financial goals are achieved. Avoid redeeming investments unnecessarily. Frequent withdrawals disrupt compounding. If liquidity is required, consider taking an overdraft loan against your investments rather than breaking them prematurely. Health Insurance Safeguard your family with adequate health insurance. Opt for a minimum cover of 25 lakhs per family member with comprehensive features. Remember that relying only on employer-provided insurance is risky. Independent health insurance is essential. Term Life Insurance Protect your loved ones with a pure term life insurance policy. Ensure a cover of at least ten times your annual income, along with provisions for any outstanding loans. Stay away from mixing insurance with investments. A simple term plan is the most effective solution. Consult a Financial Advisor A full-time, well-qualified financial advisor can simplify your financial journey. Professional guidance ensures disciplined planning, correct product selection, and proper execution of your financial strategy. May this festive season bring abundance and lasting financial peace. (The author is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

Ayodhya’s new emblem of power and memory

Nov 24, 2025
2 min read

The hoisting of the saffron standard atop the Ram temple marks not only a religious milestone, but a political and cultural one too.

The unfurling of a saffron flag atop the spire of the Ram temple in Ayodhya on November 25 was choreographed to suggest both antiquity and arrival. This is a ritual that harks back to epic time, and a declaration of a new era in India’s political and cultural life. Performed on Ram Vivah Panchami, and timed to the Abhijit Muhurat - the auspicious convergence of solar and lunar energies - the ceremony was cast as an act that fused cosmology with statecraft.


For many Indians, the moment carried the weight of centuries. The Ram Janmabhoomi movement has long been a lodestone of religious sentiment, political calculation and social mobilisation. The decades of agitation, the demolition of the Babri Masjid, the long legal battles and the disciplined campaign machinery of the Sangh Parivar created a narrative of grievance, perseverance and ultimate vindication. The temple is presented as the final chapter of a struggle that wove together myth, memory and modern politics, transforming an article of faith into a national project.


The symbolism of the flag, an ancient emblem of renunciation and courage, has been folded into this narrative. Hoisted nearly 200 feet above the sanctum, it is meant to signify divine protection as well as cultural authority. That it has become a geopolitical artefact too is no accident. The tradition of Lord Ram has links to a wider Asian inheritance that ranges from from Thailand’s ‘Rama kings’ to the Ramayana-inspired epics of Laos, Cambodia and Indonesia. Ayodhya, in this vocabulary, is not merely a pilgrimage town but a civilisational hub, which radiates soft power across the region.


The ceremony showcases the political ascendancy of Prime Minister Narendra Modi. His government’s investment in Ayodhya in form of new infrastructure, security arrangements, transport links and a flurry of urban improvements, replicates a model already deployed in Kashi and Ujjain of cultural revival yoked to economic development. These projects are a renaissance of Hindu heritage and as a spur to tourism, employment and national pride.


Yogi Adityanath, Uttar Pradesh’s Chief Minister, has been an essential steward of this vision. His administration has pushed through vast roadworks, tightened policing, and expanded tourism infrastructure, ensuring that Ayodhya is not only symbolically central but materially remade. His blend of clerical authority and administrative discipline has helped institutionalise what began as a religious movement into a broader state agenda.


Ayodhya’s reinvention has been saturated in spectacle. Some 6,000 to 8,000 invited guests, Vedic chants, floral showers and conch shells gave the flag-hoisting the orchestrated grandeur of a national festival.


The saffron flag now flying over Ayodhya is intended much more than a religious marker. It is an emblem of social harmony, cultural renewal and a confident India reclaiming its place in the world. For its critics, the flag may represent exclusion as much as unity; for its supporters, it is the culmination of a long quest.


(The writer is a BJP spokesperson and resident of Ayodhya; associated with the RSS since childhood, he is currently a BJP national media panelist.)

 

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