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By:

Kaustubh Kale

10 September 2024 at 6:07:15 pm

Akshay Tritiya and Gold

As Akshay Tritiya arrives, gold once again takes centre stage in Indian households. For generations, buying gold on this auspicious day has been considered a symbol of prosperity, purity, and good fortune. It is not just a purchase. It is an emotion, a blessing, and a tradition passed from one generation to another. But beyond tradition, gold also carries an important financial lesson. Gold is not just jewellery. It is an asset. Gold During Uncertain Times Over the years, gold has proved its...

Akshay Tritiya and Gold

As Akshay Tritiya arrives, gold once again takes centre stage in Indian households. For generations, buying gold on this auspicious day has been considered a symbol of prosperity, purity, and good fortune. It is not just a purchase. It is an emotion, a blessing, and a tradition passed from one generation to another. But beyond tradition, gold also carries an important financial lesson. Gold is not just jewellery. It is an asset. Gold During Uncertain Times Over the years, gold has proved its worth not only during festivals, but also during uncertain times. Whenever the world faces wars, inflation, currency weakness, economic slowdown, or financial panic, investors across the globe look at gold as a safe haven. This is because gold has a unique quality. It is trusted across countries, cultures, and generations. It does not depend on the promise of one government, one company, or one currency. Why Gold Holds Value Unlike paper currency, gold cannot be printed endlessly. Unlike businesses, it does not depend on profits or management quality. Unlike real estate, it is globally accepted and easily valued. This is why gold continues to remain one of the oldest and most respected stores of value. It has survived centuries of change, economic cycles, wars, and financial crises. The Right Role in Your Portfolio That said, gold should not be treated as a shortcut to wealth creation. Equities and equity mutual funds still remain essential for long-term growth. Gold plays a different role. It brings balance, stability, and protection to your portfolio. When equity markets are volatile or global uncertainty rises, gold often provides comfort. A sensible allocation of around 10-20% to gold can help reduce overall portfolio risk.  So basically, while stocks and equity mutual funds play the lead role in your long-term financial goals, gold plays the supporting but essential role. Physical Gold Has Limitations However, the way you invest in gold matters. Buying physical gold during festivals may feel emotionally satisfying, but it comes with practical challenges. There are making charges, purity concerns, storage issues, risk of theft, and liquidity problems. A necklace may be beautiful, but you cannot easily sell only a small portion of it when you need money. Also, when gold is bought as jewellery, the investor often forgets to calculate the actual return after making charges and deductions. Smarter Ways to Invest This is where Gold Mutual Funds and Gold ETFs become useful. They allow you to invest in gold without worrying about lockers, purity, theft, or storage. You can invest flexible amounts, start SIPs, track value easily, and redeem conveniently when required. For investors who want gold as part of their financial plan, these options are far more practical than buying jewellery purely as an investment. Tradition with Financial Clarity Akshay Tritiya is a beautiful reminder that wealth should be built with faith, patience, and clarity. Buying gold is auspicious, but buying it in the right form is financially wise. This Akshay Tritiya, celebrate tradition - but also upgrade your financial thinking. Because true prosperity is not just about owning gold. It is about owning it smartly. (The writer is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

Crime Solving with Trained Canines

Updated: Nov 29, 2024

rained Canines

Trained dogs, known as K9 units, have become invaluable in a range of criminal investigations worldwide, acting as powerful allies to law enforcement agencies. Their keen senses and loyalty have earned them a central role in investigations across diverse areas. Dogs have been integral to policing since ancient times, initially serving as guardians, hunters, and occasional trackers. In Europe, early law enforcers used dogs to locate suspects and stolen goods—a practice that has evolved into today’s essential K9 units.


K9 units are becoming essential in high-profile cases. In the 2018 Kathua rape case, dogs traced the accused’s movements, leading to convictions. In a 2020 Uttar Pradesh gang rape, dogs tracked suspects, enabling swift arrests. Police forces across regions, like in Madhya Pradesh, use K9s effectively, with one unit tracking a suspect over 12 km. Recently, Gujarat registered its first prohibition case using an alcohol-detecting Labrador Tamri of 18 months old. Canine evidence, especially when paired with DNA and witness testimony, is valuable and accepted in Indian courts.


Several court cases have shaped the legal standing of canine evidence. In Shri Ashok Gavade v. State of Goa (1993), the court stressed the importance of proper documentation of the dog's tracking process and consistency in evidence. In Pandian Kanappan Nadar v. State of Maharashtra (1993), the court accepted tracking dog evidence after a dog identified the accused by sniffing a slipper and knife at the crime scene. The Supreme Court, in Gade Lakshmi Mangraju v. State of A.P. (2001), highlighted inherent weaknesses in sniffer dog evidence, while Dinesh Borthakur v. State of Assam (2008) deemed it hearsay and unsuitable as primary evidence.


Col. Chug, the Founder and Former Head of the Police K9 Cell at the Ministry of Home Affairs Government of India has worked extensively with the K9 Force, leveraging their skills in diverse cases. Dr. Keshav Kumar himself, in his service times, used K9 units to solve many cases. In 1991, a Dog Squad traced stone pelters during the Nadiad riots, leading to key arrests. In 1999, dogs helped seize five kg of smuggled RDX in Kutch, breaking up a cross-border gang. In 2013, a CBI sniffer dog detected poached tiger bones, a first in wildlife crime detection, and another tracked discarded bribe money in a corruption case. Dogs have also proven effective in locating hidden cash in corruption cases, showcasing their versatility in fighting crime.


They detect explosives to prevent terrorism, search for drugs in customs, and help track missing persons or fugitives in rugged terrain. They scan airports, public events, and government sites, effectively preventing attacks. In natural disasters, K9s excel in search and rescue, locating survivors faster than human responders. Regarding wildlife crime, countries like India use dogs to track poachers and detect illegal wildlife products. K9s also aid forensic investigations, finding weapons, remains, and crime scene evidence. Recently, they've even trained to detect hidden electronic devices like SD cards and USB drives, aiding in cybercrime cases.


In the UK, dogs help combat cable theft by detecting forensic markers like SmartWater and SelectaDNA on stolen cables. This approach aids authorities in recovering stolen property and protecting infrastructure, offering a model for other countries facing similar issues.


In India, one competition of the All India Police Duty Meet focussed on the skills and capabilities of trained dogs. They are often awarded medals and monetary rewards for exceptional service. Upon retirement, these dogs receive ceremonial honours, and if dismissed, they are granted due respect for their dedication.


While forensic science evolves, canine units remain vital in solving crimes, especially in India's unyielding pursuit of justice.


(Dr. Kumar is a former IPS officer and forensic consultant to Assam government. Das is a student of FSU, Guwahati. Views personal.)

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