From suspension to defection

Eighteen days after the results, Ambernath politics takes a dramatic turn as Congress corporators flood into BJP Ambernath : Amid growing buzz around municipal elections in Maharashtra, the Congress party has suffered a major political blow in Ambernath. As many as 11 Congress corporators have quit the party and formally joined the Bharatiya Janata Party (BJP) within 24 hours of being suspended, dramatically altering the power balance in the Ambernath Municipal Council. The development has...

min read

Eighteen days after the results, Ambernath politics takes a dramatic turn as Congress corporators flood into BJP Ambernath : Amid growing buzz around municipal elections in Maharashtra, the Congress party has suffered a major political blow in Ambernath. As many as 11 Congress corporators have quit the party and formally joined the Bharatiya Janata Party (BJP) within 24 hours of being suspended, dramatically altering the power balance in the Ambernath Municipal Council. The development has not only weakened Congress but has also dealt a significant setback to the Eknath Shinde-led Shiv Sena faction. The crisis began after Congress suspended 12 corporators for aligning with the BJP during the formation of power in the municipal council. However, since the corporators were suspended and not disqualified, their corporator status remained intact, legally freeing them to join another party. Taking advantage of this, 11 suspended corporators crossed over to the BJP, leaving Congress in a political bind described by party insiders as a case of “losing both oil and ghee.” The situation within the Congress organisation in Ambernath has further deteriorated. Party sources say there is no one left to even occupy the Congress office, and discussions are underway about sending a lock from Mumbai to secure it. Ironically, the party office itself is reportedly under the control of former Taluka Congress President Pradeep Patil, who was earlier suspended for campaigning for Shiv Sena (Shinde faction) candidate Shrikant Shinde during the Lok Sabha elections. Patil was suspended at the time by then state Congress president Nana Patole. Power Struggle In the Ambernath Municipal Council, the Shinde-led Shiv Sena has 27 corporators, BJP has 14, Congress 12, and the Nationalist Congress Party 4. Despite being the single largest party, Shiv Sena (Shinde faction) fell short of a majority. BJP capitalised on this situation by aligning with Congress corporators and the NCP to reach the majority mark, a move that triggered widespread discussion across the state and country due to the unusual BJP–Congress alignment. Congress’s disciplinary action against its corporators ultimately worked in BJP’s favour and against the Shinde Sena. Following the defection of the 11 corporators, BJP’s strength in the municipal council has increased significantly, while the Shinde Sena has been pushed further away from power despite having the highest number of elected members. This political churn is being viewed as a warning signal for Shiv Sena (Shinde faction) leadership. Ambernath is represented by MLA Dr. Balaji Kinikar, while Shrikant Shinde, son of Deputy Chief Minister Eknath Shinde, is the local Member of Parliament. With party control firmly in their hands, the BJP’s successful induction of Congress corporators facilitated by state BJP president Ravindra Chavan is being seen as a strategic challenge to the Shinde camp. Intensifying Rivalry BJP’s aggressive organisational expansion in Badlapur, Ambernath, and Kalyan-Dombivli has intensified tensions between BJP and the Shinde Sena. The rivalry between MP Shrikant Shinde and BJP state president Ravindra Chavan has now become increasingly open, peaking in December with both sides engaging in aggressive political poaching of former corporators and office-bearers. List of Congress corporators who joined BJP 1. Pradeep Nana Patil 2. Darshana Umesh Patil 3. Archana Charan Patil 4. Harshada Pankaj Patil 5. Tejaswini Milind Patil 6. Vipul Pradeep Patil 7. Manish Mhatre 8. Dhanlakshmi Jayashankar 9. Sanjavani Rahul Devde 10. Dinesh Gaikwad 11. Kiran Badrinath Rathod

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!