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Correspondent

23 August 2024 at 9:59:04 pm

Beyond Spectacle

Ganeshotsav is at its best when it brings Maharashtra together. For ten days, neighbourhoods become communities and homes become welcoming spaces as devotion spills naturally into the streets. There is music, modaks and the unmistakable sense that the festival belongs to everyone. Few public celebrations have such a powerful capacity to create shared joy. Yet, in recent years, Ganeshotsav festivities have tended towards bombastic spectacle, be it the height of an idol or the decibels...

Beyond Spectacle

Ganeshotsav is at its best when it brings Maharashtra together. For ten days, neighbourhoods become communities and homes become welcoming spaces as devotion spills naturally into the streets. There is music, modaks and the unmistakable sense that the festival belongs to everyone. Few public celebrations have such a powerful capacity to create shared joy. Yet, in recent years, Ganeshotsav festivities have tended towards bombastic spectacle, be it the height of an idol or the decibels generated by a noisy sound system. This year’s controversies on the festivities have acquired a significance beyond their immediate headlines. The collapse of a 22-foot idol during an arrival procession in Bhuleshwar last month that killed two people was a grim reminder that grandeur has consequences. Mumbai has no general government-prescribed ceiling on idol height, and some mandals have dramatically increased their scale in recent years. But when an idol becomes a statement of prestige, the safety of devotees and immersion sites must take precedence. The same principle applies to the increasingly contentious question of noise. The trouble over DJs and high-decibel systems in Pune has exposed the growing tension between the right to celebrate and the right of others to live without suffering excessive noise. The assault on activist Vidyanand Bapat after he campaigned against high-decibel celebrations was particularly disturbing. More than 1,000 citizens subsequently joined a protest seeking action against loud sound systems. Maharashtra has a long and rich tradition of public celebration, and music is inseparable from that tradition. But celebration in a shared public space also carries an obligation to show consideration for senior citizens, patients, children and others particularly vulnerable to noise. A festival can be vibrant without becoming oppressive. The festival’s enormous popularity also carries a great responsibility with it. The larger the Ganeshotsav becomes, the greater its impact on public spaces, the environment and civic infrastructure. This is the larger test facing Maharashtra. A festival that has survived generations does not need to prove its vitality by becoming progressively bigger, louder or more extravagant. Its strength lies in its ability to adapt without losing its soul. The finest Ganeshotsav is not necessarily the one with the tallest idol or the loudest sound system but the one that leaves behind a sense of happiness, togetherness and goodwill. It is one in which faith does not have to compete with civic responsibility, and celebration does not come at the expense of others. As Ganeshotsav begins today, Maharashtra should celebrate its great public festival with all its customary warmth and exuberance but without allowing excess and spectacle to overwhelm its deeper meaning. For Bappa has always stood as the remover of all obstacles and the bringing together of communities with the promise of renewal. Ganpati Bappa Morya.

Why Women Are Better Investors Than Men

Mar 9, 2025
2 min read

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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