President takes prompt cognizance

Mumbai: President Droupadi Murmu has taken immediate cognizance of a plea pointing at grave insults to the Indian Tricolour (Tiranga) in pubs and hotels, violations to the Flag Code of India, 2002, in the name of celebrating Republic Day and Independence Day. Pune businessman-cum-activist Prafful Sarda had shot off a complaint to the President on Jan. 26 but was surprised to receive a response from her office in less than 72 hours. Under Secretary Lakshmi Maharabooshanam in the President’s...

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Mumbai: President Droupadi Murmu has taken immediate cognizance of a plea pointing at grave insults to the Indian Tricolour (Tiranga) in pubs and hotels, violations to the Flag Code of India, 2002, in the name of celebrating Republic Day and Independence Day. Pune businessman-cum-activist Prafful Sarda had shot off a complaint to the President on Jan. 26 but was surprised to receive a response from her office in less than 72 hours. Under Secretary Lakshmi Maharabooshanam in the President’s Secretariat at Rashtrapati Bhavan, replied to Sarda on forwarding his complaint to the Ministry of Home Affairs for necessary action. It further stated that action taken in the matter must be conveyed directly to Sarda. “It’s a pleasant surprise indeed that the President has taken serious note of the issue of insults to the National Flag at night-clubs, pubs, lounges, sports bars and other places all over the country. The blatant mishandling of the National Flag also violates the specially laid-down provisions of the Flag Code of India,” said Sarda. He pointed out that the Tricolor is a sacred symbol and not a ‘commercial prop’ for entertainment purposes to be used by artists without disregard for the rules. “There are multiple videos, reels or photos available on social media… It's painful to view how the National Flag is being grossly misused, disrespected and even displayed at late nights or early morning hours, flouting the rules,” Sarda said. The more worrisome aspect is that such transgressions are occurring openly, repeatedly and apparently without any apprehensions for the potential consequences. This indicates serious lapses in the enforcement and supervision, but such unchecked abuse could portend dangerous signals that national symbols can be ‘trivialized and traded for profits’. He urged the President to direct the issue of stringent written guidelines with circular to all such private or commercial outlets on mandatory compliance with the Flag Code of India, conduct special awareness drives, surprise checks on such venues and regular inspections to curb the misuse of the Tricolour. Flag Code of India, 2002 Perturbed over the “perceptible lack of awareness” not only among the masses but also governmental agencies with regard to the laws, practices and conventions for displaying the National Flag as per the Emblems and Names (Prevention of Improper Use) Act, 1950 and the Prevention of Insults to National Honour Act, 1971, the centre had brought out the detailed 25-page Flag Code of India, 2002. The Flag Code of India has minute guidelines on the display of the Tricolour, the happy occasions when it flies high, or the sad times when it is at half-mast, the privileged dignitaries who are entitled to display it on their vehicles, etc. Certain violations attract hefty fines and/or imprisonment till three years.

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!