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By:

Kaustubh Kale

10 September 2024 at 6:07:15 pm

The Financial Magic of 8/8

AI Generated Image If numbers could talk, 8 would speak the language of wealth. When the date doubles into 8/8, it becomes more than another day. It becomes a reminder of financial power, balance and long-term abundance. Yesterday, the calendar read August 8 - 8/8. In astrology and numerology, this date is considered significant. The Lion’s Gate Portal August 8 marks the peak of what is known as the Lion’s Gate Portal - a period believed to carry heightened energy for growth, abundance and...

The Financial Magic of 8/8

AI Generated Image If numbers could talk, 8 would speak the language of wealth. When the date doubles into 8/8, it becomes more than another day. It becomes a reminder of financial power, balance and long-term abundance. Yesterday, the calendar read August 8 - 8/8. In astrology and numerology, this date is considered significant. The Lion’s Gate Portal August 8 marks the peak of what is known as the Lion’s Gate Portal - a period believed to carry heightened energy for growth, abundance and transformation. I am a financial advisor - not an astrologer or numerologist - but I find this date fascinating because of the symbolism attached to the number 8. In numerology, 8 is associated with wealth, power, ambition and balance. It is also linked with discipline, responsibility and karma - the idea that our actions produce results. When the calendar reads 8/8, many believe this energy is doubled. A Financial Checkpoint Whether or not you believe in astrology or numerology, the date can serve as a financial checkpoint - an opportunity to pause, reflect and take steps towards building wealth. I recommend treating 8/8 as a money mirror - a moment to ask yourself: Are my investments aligned with my long-term goals? Is my money working for me, or am I caught in an earn-and-spend cycle? Am I creating lasting wealth, or merely temporary income? Your Mid-Year Money Reset We often make resolutions on January 1. But by August, more than half the year has passed. That makes 8/8 an excellent occasion for a financial reset. Use this weekend for review and action. The intention may begin on a symbolic day, but transformation comes from what you do next. Review your goals and expenses. Make lumpsum investments where appropriate, increase your SIPs, check whether your insurance cover is sufficient and organise your financial documents. Also review your asset allocation. Money meant for long-term goals must be invested in hybrid and equity mutual funds, stocks and gold. Money required for short-term goals should remain in safer options such as bank fixed deposits and recurring deposits. Declutter Your Finances Close unused accounts, cancel unnecessary subscriptions, consolidate scattered investments and ensure that your family knows where financial information is stored. These may seem like small steps, but wealth is rarely created through one dramatic decision. It is built through disciplined actions repeated over many years. The Infinity Connection When the number 8 is turned on its side, it resembles the symbol for infinity - . That is what true investing is about - allowing consistency, patience and compounding to work over long periods. It does not create wealth overnight. Given time, the results can appear magical. Turn Intention Into Action As we move beyond 8/8, do not let the intention remain limited to a date on the calendar. Set a financial intention. Act on it. Review it regularly. Even the largest fortunes begin with focused steps. When your present-day financial actions begin matching your long-term goals, real transformation begins. (The writer is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

Phalke's kin unveil website on his death anniversary

Updated: Feb 18, 2025

Phalke

Mumbai: In a unique initiative, the descendants of the Father of Indian Cinema, Dhundiraj Govind Phalke – revered as ‘Dadasaheb Phalke’ – dedicated a first official website in his memory on his 81st death anniversary, on Sunday.


The heirs of the Phalke clan unveiled the website, ‘Dadasaheb Phalke International Awareness Mission’ (www.dpiam.org.in) at a function in Dadasaheb Phalke Chitranagari on Sunday, an excited grandson Chandrashekhar Pusalkar-Phalke and his wife Mrudula told The Perfect Voice.


Born in Trimbakeshwar (Nashik), Dadasaheb Phalke (April 30, 1870-Feb. 16, 1944) – his original surname of ‘Bhat’ – was educated in Mumbai and Baroda (now, in Gujarat).


A humble, unpretentious and multi-faceted personality, he went down in Indian history as the producer-director of the first feature film, “Raja Harishchandra” (released May 3, 1913), made after great personal sacrifices.


Interestingly his ancestors, the Bhats, were engaged in supplying cut banana leaves to the Peshwas, and the vocation was traditionally known as ‘Phalke’, hence that occupational surname stuck, and later became historical.


As the country, then under colonial rule, remained in awe of the maiden silent film, Dadasaheb Phalke made two more films, “Mohini Bhasmasur” (1913) and “Satyavan Savitri” (1914). He shot into limelight with the first-ever blockbuster hit film of India, “Lanka Dahan” (1917), in which he also introduced the fascinating concept of a ‘double-role character’.


The Pusalkars said that their grandpa unfailingly credited his doting wife, Saraswati Phalke for his success in film-making - that has now mushroomed into a gigantic entertainment industry that ranks among the biggest money-spinners for the national economy.


“He made 75 films, of which only one was a talkie, ‘Gangavataran’ in 1937. Many of his films were very popular, and he was a visionary, a trendsetter in several aspects of film-making which inspired future generations,” said the Pusalkar couple.


Explaining the objectives behind the website, Pusalkar said that in the past so many years, Dadasaheb Phalke’s name has been grossly misused and even exploited for pecuniary gains through fly-by-night operators all over India.


“Such elements brazenly organize functions, mega-events, dole out awards in his name claiming them as ‘genuine’, collect funds, etc. which has occasionally landed the Phalke family into trouble. So, we decided to do something about it, starting with this dedicated website,” Pusalkar said.


Henceforth, the Pusalkars declared that “any and all functions anywhere in India or the world using Dadasaheb Phalke’s name unauthorizedly would attract legal action”, unless they secure the prior written permission from the Phalke Family.


However, the Government of India’s prestigious ‘Dadasaheb Phalke Award’ (under the National Film Awards) instituted in 1969 for the country’s top film personalities will not come under the DPIAM’s purview, they assured.


“My grandfather-in-law was reduced to a mere ‘product’ and all these unscrupulous elements ‘sold’ him in their dubious ‘dukaans’ to reap huge profits. We are hopeful that all this will now stop as even the ordinary masses become aware of such racketeering,” gushed Mrudula.


The website provides many unknown gems from Dadasaheb Phalke’s life and times, how he was inclined to the fine arts from a very tender age.


He acquired a degree from the Sir J. J. School of Arts (founded 1857) in Mumbai, followed by the Advanced Fine Arts Training from Kala Bhavan (founded 1890) in Baroda, before confidently stepping into the mysterious world of entertainment.


Describing him as “an accidental film-maker”, Pusalkar said his granddad was equally proficient in other fields like drawing, painting, photography, model-making, theatre, printing and had mastered the art of magic from the American wizard, Carl Hertz (1859-1924), but it was films that made him an icon.


The family has been appealing to confer India’s top civilian award ‘Bharat Ratna’ on Dadasaheb Phalke.

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