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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.)

Engineered Unrest

Apr 17
2 min read

The latest bout of violence in Noida no mere story of labour unrest spiralling out of control but bears the more troubling imprint of Pakistani orchestration. The rapid mobilisation, coordinated messaging and the tell-tale fingerprints of networks is symptomatic of a deeper malaise which is Pakistan’s persistent reliance on covert destabilisation as an instrument of statecraft.


Protesters were mobilised overnight through WhatsApp groups, recruited via QR codes and fed a steady stream of incendiary content. As the demonstrations escalated, parallel coordination appeared on Instagram.


Indian agencies are right to probe the possibility of external instigation, particularly in light of recent arrests in Meerut and Noida that point to handlers across the border. The timing is also suggestive. With the anniversary of the April 22 Pahalgam attack fast approaching, one has to be vigilant about Pakistan-sponsored terrorism within India. The unravelling of a terror module linked to Lashkar-e-Taiba in February underscores the point. Operating across Delhi, West Bengal and Tamil Nadu, the network was not engaged in spectacular violence but in something subtler and arguably more insidious. Pasting anti-national posters, conducting reconnaissance and building sleeper capabilities, it sought to erode confidence and foment discord. Directed by handlers based in Bangladesh but tied to Pakistan’s security ecosystem, the module exemplifies the diffusion of proxy warfare into new geographies and methods.


For decades, Pakistan’s security establishment has relied on non-state actors to offset India’s conventional superiority. What has changed is the toolkit. Where once infiltration across borders and high-profile attacks dominated, there is now a discernible shift towards hybrid tactics in form of digital mobilisation, psychological operations and the seeding of unrest within civilian spaces. The objective is to keep India internally preoccupied and externally constrained.


The use of Bangladesh as an operational rear base is particularly telling. It allows plausible deniability while expanding the theatre of activity. Figures such as Shabbir Ahmed Lone, with a history of militancy and renewed links to Lashkar leadership, illustrate how old networks are repurposed for contemporary needs. The distinction between state and proxy in Pakistan’s security doctrine has always been deliberately blurred. That some of these networks now operate through third countries or digital platforms does not absolve their original patrons of responsibility. The consequences are corrosive. Episodes like the Noida unrest disrupt economic activity, strain communal relations and test the capacity of local authorities. For India, which is aspiring to sustained economic growth and social cohesion, such disruptions are not trivial irritants but structural threats. What is required is a response that is both firm and sophisticated. Policing must adapt to the realities of digital mobilisation, with greater emphasis on real-time intelligence and platform accountability. Pakistan’s addiction to proxy warfare has already rebounded internally, fuelling extremism within its own borders. To persist with such tactics in an era of heightened surveillance and interdependence is not merely reckless; it is self-defeating. Yet the pattern endures.

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