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By:

Ruddhi Phadke

22 September 2024 at 10:17:54 am

‘Sounds heard, missiles visible’

Mumbaikars recall their encounter with the missile attacks in Middle East Govandi Muslim Youth Front stage protest condemning killing of Iran's Supreme Leader Ayatulla Khameni, at Govandi, in Mumbai, on Sunday. | Pic: Bhushan Koyande Mumbai: Dombivli resident Meghana Modak who flew to Dubai 15 days ago, as a tourist told ‘The Perfect Voice’ that she heard loud sounds and huge clouds of smoke in the air when she felt something was unusual. She was out for a casual walk on Saturday, but had to...

‘Sounds heard, missiles visible’

Mumbaikars recall their encounter with the missile attacks in Middle East Govandi Muslim Youth Front stage protest condemning killing of Iran's Supreme Leader Ayatulla Khameni, at Govandi, in Mumbai, on Sunday. | Pic: Bhushan Koyande Mumbai: Dombivli resident Meghana Modak who flew to Dubai 15 days ago, as a tourist told ‘The Perfect Voice’ that she heard loud sounds and huge clouds of smoke in the air when she felt something was unusual. She was out for a casual walk on Saturday, but had to immediately rush home. She tuned in to news to find out about the US-Israel strikes on Iranian targets and Tehran's retaliatory missile and drone attacks across the Gulf. “Dubai was not their target. However, the intercepting action and the missiles that passed through could be seen and heard. We are at home. Normal routine is on. However, schools and colleges stay shut. We have been advised to go out only for the inevitable basic needs of groceries.” said Modak. Modak is in Dubai to spend some quality time with her son and his family. She is scheduled to fly back to Mumbai on Tuesday. However, the plan stands indefinitely cancelled till further notice. “The Dubai airport has been hit indefinitely. We do that know when we will be back”, said Modak. Less Scary Modak cited the situation was reasonably less scary in Dubai compared to other places in the Middle East considering Dubai was not the prime target. There are no panic-struck evacuations and or sudden rush towards bomb shelters reported. However, the falling of the missile debris is certainly creating difficult situations. “A building caught fire claiming a life because of this debris falling. People are not panicking because everyone has faith in the Dubai government that they will ensure the safety of the innocent civilians.” Modak is currently staying at Jebel Ali is a large commercial port and business hub on the southern outskirts of Dubai in the United Arab Emirates. There are about 4.3 – 4.36 million Indians living in the United Arab Emirates — making them the largest expatriate community in the country and roughly 35 – 38 per cent of the UAE’s total population. Dubai has the largest share of Indians within the UAE. From residents, to students to tourists, Indians account for a huge share in Dubai. While for some, situation is safe but a long uncertain wait till further course of action is clear, while some are under constant fear for life. Wait and Watch A Mumbai-based tourist anonymously told ‘The Perfect Voice’ , “My husband, my seven-year-old son and I left for a Dubai trip to have a break from our routine lives. We were in Abu Dhabi on Saturday. Soon after the conflict began, we were shifted to bomb shelters. On Sunday, we have reached Dubai. It’s wait and watch till we get further update. The recreation trip has taken a stressful turn.” Tour operators are finding it tough to plan the evacuations of tourists who are currently stranded in Dubai due to airspace closure. Mumbai-based Shashank Abhyankar, the tour manager of Rajguru Travels, said, “I am just back from a tour last week. Our group of 25 Mumbaikars is in Dubai right now. Another tour manager is with them. They were supposed to visit gold market, Bhurj Khalifa, Baps Temple on Saturday and Sunday. However, everything is shut. They are scheduled to checkout from hotel on Monday 12 pm and fly back on an Indigo flight to Mumbai. The airline has intimated that the flight stands cancelled.” While airports are flooded with stranded passengers, it is an uphill task for tour operators to bring tourists back. “Safety is not a concern in Dubai. The biggest concern is, how to get people back. Stretching the stay would mean additional cost and even if we bear the cost availability of accommodation is also a concern. We are reaching out to people who are living there since many years for some solution. We have full faith in Indian government that they will do all they can to get Indians back. However, what will they do till the airspace is closed?” cited Abhyankar.

Why Women Are Better Investors Than Men

Updated: Mar 10, 2025


Women Are Better Investors

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!

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