Uddhav faces another rebellion; decision today

Six Lok Sabha MPs trying to move away; picture may be clear at today’s Parliamentary party meeting in New Delhi AI generated image Mumbai: A cloak-and-dagger crisis engulfing the Uddhav Thackeray-led Shiv Sena has landed at the door of the Lok Sabha Speaker, with the party urging him to guard against any unlawful defection and issuing a whip directing its MPs to attend a meeting in Delhi on Thursday. Amid the escalating crisis, a group of rebel Shiv Sena (UBT) leaders is learnt to have met...

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Uddhav faces another rebellion; decision today

Six Lok Sabha MPs trying to move away; picture may be clear at today’s Parliamentary party meeting in New Delhi AI generated image Mumbai: A cloak-and-dagger crisis engulfing the Uddhav Thackeray-led Shiv Sena has landed at the door of the Lok Sabha Speaker, with the party urging him to guard against any unlawful defection and issuing a whip directing its MPs to attend a meeting in Delhi on Thursday. Amid the escalating crisis, a group of rebel Shiv Sena (UBT) leaders is learnt to have met Speaker Om Birla informally on Wednesday, claiming the support of six of the party's nine MPs in the Lower House, sources said. Thursday's high-stakes meeting in Delhi will legally and physically define whether Uddhav Thackeray retains his parliamentary strength or faces another devastating party division, the third since Raj Thackeray split Shiv Sena in 2006. Sources in Sena (UBT) said the rival camp still doesn't have the support of six MPs. They claim two of the six rebels have reportedly changed their mind. In a swift counter-offensive to contain the damage, the party high command issued a mandatory three-line whip, summoning an emergency parliamentary party meeting in New Delhi on Thursday to force a physical showdown where the MPs will have to mark their presence physically. The developments triggered a day of high political drama in the national capital, marked by a furious, expletive-laden press conference by Raut, a reported counter-meeting by the rebel faction with Lok Sabha Speaker Birla, and sharp condemnation from the Congress. The internal fracture was visible at Sanjay Raut's press briefing, where only three other Lok Sabha MPs, Arvind Sawant, Anil Desai, and Rajabhau Waje, stood by him. The remaining six lawmakers were conspicuously absent; their exact whereabouts are unknown. The Sena (UBT) has nine MPs in the Lok Sabha, and at least two‑thirds of them would be required to form a separate group. Apart from Desai, Waje and Sawant, the other six MPs are Sanjay Patil, Sanjay Deshmukh, Omprakash Raje Nimbalkar, Bhausaheb Wakchaure, Nagesh Patil-Ashtikar and Sanjay Jadhav Not Reachable The six MPs stopped responding or became unavailable since Wednesday forenoon, after which the party stopped contacting them. They said when the party contacted Mumbai North East MP, Sanjay Dina Patil, he told party leaders that he was not with the rebel group. The party had asked them to submit a letter to the Lok Sabha Speaker, which he has not submitted so far. Later in the day, sources claimed that the group of six rebel lawmakers had privately met the Lok Sabha Speaker to claim a two-thirds majority in the Lower House, the precise threshold required to escape disqualification under the anti-defection law. Simultaneously, Deputy Chief Minister Eknath Shinde, who split the undivided Shiv Sena in 2022, was reportedly camping in Delhi to oversee the operational layout of the defection of MPs. He returned to his home town Thane in Wednesday night. He is reportedly studying all the legal aspects before taking a final call before the party’s foundation day on Friday. Speaker’s Role Following reports of the rebels' move, a loyalist delegation consisting of Raut, Sawant, and Desai rushed to meet Speaker Birla to file a formal representation urging him to reject any unlawful group alignment. Desai argued that the legal provisions are strictly on the side of the original organisational structure. "Under the law, a splinter group cannot simply merge with another party on its own, even if they have two-thirds support. Only the original administrative party holds that right," Desai told reporters, adding that the Speaker assured them he would thoroughly examine every legal aspect before rendering a decision. The widening panic inside the party also triggered a public, familial disconnect involving missing Hingoli MP Nagesh Patil-Ashtikar. While the MP remained unreachable, his son, Krushna Patil Ashtikar, the MVA's official candidate for Thursday's Maharashtra Legislative Council elections, released a video statement strongly defending Uddhav Thackeray. "I am a Shiv Sainik of Uddhav Thackeray. There is no room for doubt when it comes to me," the younger Ashtikar stated.

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!