Nine killed as car plunges into open well

Deceased belong to same family, six children included Nashik: Nine members of a family, including six children, were killed after their car fell into an open well in Nashik district, police said on Saturday. The accident occurred in the Shivaji Nagar area of Dindori town around 10 pm on Friday, an official said. Chief Minister Devendra Fadnavis expressed grief over the deaths of children in the tragic incident, and said that he has ordered an immediate safety audit of open wells in public...

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Nine killed as car plunges into open well

Deceased belong to same family, six children included Nashik: Nine members of a family, including six children, were killed after their car fell into an open well in Nashik district, police said on Saturday. The accident occurred in the Shivaji Nagar area of Dindori town around 10 pm on Friday, an official said. Chief Minister Devendra Fadnavis expressed grief over the deaths of children in the tragic incident, and said that he has ordered an immediate safety audit of open wells in public areas. According to the police, the victims were returning home after attending a function at a banquet hall in the area when their car fell into a well on the roadside near the venue. Personnel from the local police and emergency services arrived at the scene and retrieved the car and its occupants with the help of two cranes and swimmers around midnight. The victims were members of the Dargode family from Indore village in Dindori taluka, the official said. The bodies were brought to the government hospital in Dindori, the official said, adding that a case has been registered. No Escape According to information, the victims had attended a function organised by Wadje Classes and were returning home to Indore village (Dindori taluka) when the accident took place. The car went out of control and fell into an open well located along the roadside, which was completely filled with water, leaving no chance for escape. After receiving information about the incident, Dindori Police, local administration, fire brigade personnel, and disaster management teams rushed to the spot. Rescue operations were challenging as the well was filled with water. The vehicle was eventually pulled out using two cranes around midnight. A team from the National Disaster Response Force (NDRF) also reached the location, and the rescue operation continued late into the night. The incident has raised serious concerns over administrative negligence. Local residents have alleged that the well, located dangerously close to the road, had no safety measures such as fencing or protective barriers. While speaking to ‘The Perfect Voice’ , Inspector Bhagwan Mathure of Dindori Police Station stated that the well belongs to accused Rajendra Parvatrav Raje. Despite being aware that the well, located adjacent to a public road, posed a serious risk of accidents and possible loss of life, no necessary safety measures were taken. “There was no fencing, barricading, or protective structure around the well,” Mathure said. Probe Ordered State Disaster Management Minister Girish Mahajan visited the accident spot. He said that the administration has been directed to close the well, and that the government will provide assistance of Rs 5 lakh to the kin of the deceased persons. The Nashik collector has been asked to probe the incident and submit an inquiry report, he said. Speaking to reporters in Nagpur, Fadnavis termed the accident "extremely unfortunate". Preliminary information indicated that the well had a low boundary wall and was in the middle of a frequently accessed area, he said. The state government has announced financial assistance for the affected family, he said, adding that instructions have been issued to identify and review all wells situated on roads or in areas with public movement. "Such locations must be audited to assess whether these wells are necessary and what safety measures can be implemented," he said, noting that a higher protective wall could have prevented the tragedy. The deceased Sunil Dattatray Dargode (32) Reshma Sunil Dargode (27) Asha Anil Dargode (32) Gunvanti Sunil Dargode (11) Shreyash Anil Dargode (11) Shravani Anil Dargode (11) Srushti Anil Dargode (14) Samruddhi Rajendra Dargode (7) Shraddha Anil Dargode (13)

Why Women Are Better Investors Than Men

Kaustubh Kale
Mar 9, 2025
2 min read

Updated: Mar 10, 2025

As the world celebrated International Women's Day, discussions centered around women's achievements in various fields—business, leadership, science, and beyond. But one area where women consistently outperform men, yet receive little recognition, is investing.

Despite money management often being seen as a male-dominated field, women have quietly and consistently proven to be better investors than men. With patience, discipline, and a long-term mindset, women naturally possess qualities that make them superior money managers.

A Perfect Blend of Knowledge and Wealth

In Hindu mythology, Goddess Saraswati symbolizes knowledge, while Goddess Lakshmi represents wealth—two essential pillars of investing. The ability to manage wealth wisely stems from a deep understanding of financial principles, and this is where women excel. They take the time to learn, analyze, and make informed investment decisions rather than rushing into trends or speculation.

Why Women Make Better Investors

Several traits make women stand out as investors:

Patience and Long-Term Vision: Unlike men, who may be more prone to impulsive trading and get-rich-quick schemes, women tend to have a longer term mindset. Their ability to stay calm, especially during market fluctuations, leads to better returns over time.

Disciplined and Goal-Based: Women prioritize consistent savings and goal-based investing. This disciplined approach helps them build wealth steadily. Women naturally excel at budgeting, planning, and structuring investments to align with future goals, whether it’s children’s education, home buying, or retirement security. Their emotional connection with goals is what makes them stick to discipline.

Risk-Aware, Not Risk-Averse: Contrary to the stereotype, women are not afraid of risks—they are just more calculated about them, through appropriate asset allocation. Eventually, this approach ensures maximum returns with minimal risks.

Trust and Willingness to Learn: Women value education and expertise, making them more likely to seek guidance from a well-qualified financial advisor. Unlike men, who often overestimate their investing abilities, women approach financial decisions with a willingness to learn. Once they find a trusted expert, they follow sound advice instead of making emotional, short-term moves.

Women Leading the Financial World

These qualities are why many of the world’s leading financial institutions are now led by women. In India and abroad, we see prominent banks, asset management companies, and investment firms thriving under female leadership. Their ability to combine strategic thinking with emotional intelligence makes them exceptional at managing money—both at a personal and professional level.

Final Thoughts

With their trust in expert advice and a strong focus on financial education, more women should embrace their strengths and take control of their financial futures!