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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.)

Shami Refuses to Go Down Quietly

Apr 5
3 min read

Mohammed Shami, the eternal comeback kid who just won’t quit—except the selectors seem determined to make him. As of April 2026, India’s once-reliable seam spearhead hasn’t worn the blue jersey since the Champions Trophy final in March 2025. That’s over a year of watching from the sidelines while racking up 67 wickets in domestic cricket for Bengal across Ranji, Vijay Hazare, and Syed Mushtaq Ali. Impressive? Sure. Enough for a recall? Apparently not. Bravo, selectors. Nothing says “merit-based” like ignoring a proven match-winner who’s still bowling at pace and taking wickets on demand.25


Picture this: Shami, the guy who dismantled batting line-ups in the 2023 ODI World Cup with swing, seam, and sheer bloody-mindedness, now reduced to proving himself in domestic grind. He didn’t just show up—he dominated. Yet Ajit Agarkar and the committee keep picking fresher (read: younger, less injured-history-laden) options like Siraj, Arshdeep, Harshit Rana, and Prasidh. It’s almost poetic. India boasts one of the deepest pace pools in the world, so why bother with the veteran who delivered when it mattered? Better to stick with the “winning formula” of continuity, even if that formula occasionally leaks runs like a sieve. Sarcasm aside, Shami’s exclusion feels less like strategy and more like a quiet retirement push without the awkward farewell.


Unique Skill Set

The man himself isn’t rolling over. In recent interviews, he’s fired back with classic Shami bluntness: no other Indian bowler comes close to him in certain skills, he’s not bored yet, and he’ll only retire when the fire dies. He’s even hinted at walking away if the snub continues, but let’s be real—Shami’s hunger has survived worse than committee indifference. Ankle surgeries, multiple comebacks, carrying the attack through injuries… this is a bowler who treats setbacks like warm-up laps. Now he’s turning out for Lucknow Super Giants in IPL 2026 at ₹10 crore, already nabbing a first-ball wicket against KL Rahul in his debut game and reminding everyone why franchises still value him.


Here’s the sarcastic kicker: while Shami toils in Ranji and IPL nets perfecting those upright-seam yorkers, India’s pace attack experiments with combinations that sometimes look like they’re auditioning for a friendly rather than Tests or ODIs. Bumrah remains the undisputed king, and the supporting cast rotates promising talents. Fair enough—youth infusion is vital. But dismissing Shami’s domestic haul as irrelevant? That’s rich. It’s like telling a Michelin-star chef his home-cooked meals don’t count because the restaurant prefers microwave specials.


Full Blast

At 35, Shami isn’t ancient by fast-bowling standards, especially one with his skill set. His ability to move the ball both ways, extract bounce, and deliver in high-pressure chases made him a big-stage specialist. Remember those World Cup heroics? The selectors do too, presumably, yet here we are. Some whispers suggest a potential eye on the 2027 ODI World Cup, but with every snub, that window narrows. Shami’s IPL 2026 stint might force their hand—if he tears through batters again, ignoring him becomes comedy. If not, well, the “moved on” narrative writes itself.


Indian cricket owes Shami more than polite indifference. He’s been the silent workhorse, often stepping up when stars rested or faltered. Treating him like yesterday’s news despite current proof of fitness and form is peak bureaucratic brilliance—why reward loyalty and results when you can chase the shiny new thing?


In the end, Shami’s position is clear: on the fringes, bowling his heart out, waiting for sanity (or a crisis) to prevail. Whether he forces a dramatic return or bows out on his terms, one thing’s certain—he’s done more than enough. The real question isn’t if Shami deserves a spot. It’s why the team keeps pretending he doesn’t. Keep swinging, Shami. The selectors might eventually catch up… or not. Either way, cricket’s loss if they don’t.


(The writer is a senior journalist based in Mumbai. Views personal.)

1 Comment


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