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By:

Quaid Najmi

4 January 2025 at 3:26:24 pm

Bhujbal’s chopper lands in Pune parking lot

Mumbai : In what is suspected to be a breach of aviation protocols, a chartered helicopter ferrying Food & Civil Supplies Minister Chhagan Bhujbal from Mumbai to Pune skipped a designated helipad and landed in a vehicle parking lot almost a km away.   The shocker happened in Purandar taluka, where Bhujbal was slated to attend a function marking the 200 th  birth anniversary of the social reformer Mahatma Jyotirao Phule in his home village Khanwadi.   As crowds of bewildered people watched...

Bhujbal’s chopper lands in Pune parking lot

Mumbai : In what is suspected to be a breach of aviation protocols, a chartered helicopter ferrying Food & Civil Supplies Minister Chhagan Bhujbal from Mumbai to Pune skipped a designated helipad and landed in a vehicle parking lot almost a km away.   The shocker happened in Purandar taluka, where Bhujbal was slated to attend a function marking the 200 th  birth anniversary of the social reformer Mahatma Jyotirao Phule in his home village Khanwadi.   As crowds of bewildered people watched from around the sprawling parking lot, the helicopter appeared to drop speed in its flight, flew over some overhead high-tension electric cables, and descended gingerly into the parking lot - raising a thick dust-storm in which it disappeared for seconds - before touching the ground.   Moments later, the Nationalist Congress Party (NCP) senior leader Bhujbal and others stepped out of the chopper, looked around in the unfamiliar territory before several vehicles and police teams rushed there. Minutes before there was chaos and confusion with some locals shouting warnings at the ‘wrong landing’.   Eyewitnesses said that the chopper’s powerful rotors created a thick dust storm and sparked alarm among the people in the vicinity, and many scrambled to the spot to check what exactly was going on in the parking lot.   Later, the Pune Police said that a designated helipad was available for the chopper landing but were at a loss to explain how the pilot missed it and veered off quite a distance away in the vehicle parking space. Subsequently, they asked the pilot to fly it to the correct landing spot.   Shaken and angry local NCP leaders questioned how a pilot flying a VIP on an official trip could mistake a parking lot for a helipad when the weather and visibility was clear. They demanded to know whether the helipad was improperly marked or it was a question of communication or sheer negligence.   The Pune Police indicated that they would report the matter to the Directorate General of Civil Aviation (DGCA) which may take action against the errant pilot and the helicopter company.   “There was no accident. We all emerged safely. The helicopter pilot landed wrongly in a parking lot because the helipad was not visible. All of us are fine and there is nothing to worry,” said Bhujbal, before he was whisked off by his security team.   “There are many faults in numerous airplanes and helicopters, including maintenance issues and other problems. That's why I keep saying consistently that VIPs must exercise caution while flying. Fortunately, an accident was averted today, but that doesn't mean the authorities should be negligent. We expect the government to take urgent precautions.” Rohit R. Pawar, MLA, NCP (SP)

Market Ka Kya Lagta Hai?

“Market ka kya lagta hai?” - this single question echoes everywhere - from office discussions to family WhatsApp groups. Whether the market is rising or falling or consolidating, people never stop asking: what will happen next?

But the honest truth is simple - no one really knows. There are two timeless principles that every investor must remember. 


Truth No. 1 – In the long run, markets go up

If you study the history of the stock market you will notice one consistent trend: over time, markets rise.Yes, there will be temporary corrections, global crises, or uncertainty, but these are only pauses in a long-term growth journey.


Over a period of 5, 7, 10 years, markets have always rewarded patience. The reason is simple - as businesses grow, profits expand, and the economy progresses, stock prices eventually follow.


Hence, those who stay invested for the long term always benefit. The principle is clear - time in the market is more important than timing the market. Trying to jump in and out frequently rarely works. Staying invested and disciplined does.


Truth No. 2 – In the short run, no one knows what will happen

The second truth is harder to digest. In the short term - over the next day, week, month, or year - no one can predict the market’s movement. There will be ups and downs, sudden rallies, unexpected corrections, and confusing phases. Even the best experts and algorithms cannot forecast them accurately.


Short-term volatility is not a bug - it is a feature of the stock market. In fact, this volatility is what allows Systematic Investment Plans (SIPs) to average out costs and help long-term wealth creation. Markets move on emotions - fear, greed, speculation, optimism, and panic. That is why short-term forecasts almost always fail.


So, what should investors do?

The solution is simple: keep investing regularly and stay invested. This applies across equity and hybrid mutual funds, as well as direct stocks. Do sufficient SIPs in all market conditions - rising, falling, or flat. Over time, these steady investments average out and allow compounding magic to work silently and powerfully. Along with SIPs, add periodic lumpsum investments when possible. Align everything with your long-term financial goals.


Do not waste energy predicting the next market move. Focus instead on long-term participation and discipline. Remember, time is your best fund manager.


In summary

There are only two fundamental truths about the market:-> In the long run, markets go up.-> In the short run, markets remain volatile.


Once you understand these two realities, you will stop asking “Market ka kya lagta hai?” and start asking the more important question - “Am I investing enough for my financial goals?”


That is when the market stops being a mystery and starts becoming your most powerful wealth-creating partner.

(The author is a Chartered Accountant and CFA (USA). Financial Advisor.  Views personal. He could be reached on 9833133605.)

 

 

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