Legal notice threatens Sunetra’s NCP presidency

Mumbai: The Nationalist Congress Party (NCP) is weathering a fresh political storm as newly elected National President and Deputy Chief Minister Sunetra Pawar faces a direct legal challenge to her leadership. Elevated to the top posts following the tragic accidental demise of former Deputy Chief Minister Ajit Pawar, Sunetra Pawar is now navigating a complex internal rebellion. A legal notice served by a senior party functionary demanding the annulment of her election has not only raised the...

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Legal notice threatens Sunetra’s NCP presidency

Mumbai: The Nationalist Congress Party (NCP) is weathering a fresh political storm as newly elected National President and Deputy Chief Minister Sunetra Pawar faces a direct legal challenge to her leadership. Elevated to the top posts following the tragic accidental demise of former Deputy Chief Minister Ajit Pawar, Sunetra Pawar is now navigating a complex internal rebellion. A legal notice served by a senior party functionary demanding the annulment of her election has not only raised the startling possibility of her having to step down from the presidency but has also ignited intense speculation among party insiders regarding who might truly be orchestrating this proxy battle from behind the scenes. The crisis was triggered on July 9 when Sachchidanand Singh, the NCP’s Jharkhand State President and a party veteran of 15 years, served a legal notice through his lawyer. Directed at Sunetra Pawar as party president, Praful Patel as working president, and Brijmohan Srivastava as party secretary, the notice claims that the February 26 election for the top post was fundamentally invalid and unconstitutional. Singh, who was appointed as National Secretary in December 2023 by the late Ajit Pawar but unceremoniously excluded from the new national executive committee, has demanded that the current election be scrapped and a fresh one be conducted under an independent and impartial election officer. Crucially, the notice demands that until a new election is held, Sunetra Pawar’s position and the revised list of office-bearers be considered null and void, a move that would effectively force her immediate ouster. Procedural Expose The legal challenge hinges on deep procedural technicalities that expose the fragile transition of power within the NCP. According to the notice, following Ajit Pawar’s demise on January 28, the party submitted an amended constitution to the Election Commission on February 17, vesting Praful Patel with the powers of the National President until a permanent leader was elected. Singh has questioned under what authority Brijmohan Srivastava convened the pivotal February 26 meeting instead of Patel. Furthermore, he alleged that consent from the then-national executive members was bypassed for crucial communications sent to the Election Commission on February 18. While the legalities are complex, the political implications are profound. The sheer audacity of the notice has set the rumor mills ablaze within the NCP, with party insiders quietly speculating whether Singh is acting independently out of personal grievance over his exclusion, or if he is acting as a frontline proxy for disgruntled heavyweight factions maneuvering for ultimate control of the party. Trivial Issue Amidst the brewing storm, the NCP’s top brass has attempted to project a picture of absolute unity while swiftly dismissing the rebellion. Senior party leader and NCP State President Sunil Tatkare sought to brush away the controversy, characterising the legal notice as a trivial issue completely devoid of factual or legal substance. Asserting that the election of ‘Vahini’ (Sunetra Pawar) was conducted with strict adherence to the party constitution, laws, and democratic norms, Tatkare emphasised that the opinion of a single disgruntled individual does not reflect systemic unrest within the larger organisation. He firmly stated that the party’s core committee would convene imminently to consult legal experts and take appropriate disciplinary decisions against those responsible for the notice. However, despite Tatkare’s confident efforts to downplay the crisis, the looming legal battle and the swirling internal suspicions pose a critical test for Sunetra Pawar’s nascent leadership at a highly vulnerable juncture for the party. “There is no rift in the party. All senior party leaders meet with Sunetra Pawar to discuss political issues. The letter written by Sachchidanand Singh carries no weight. Any issue should be resolved amicably in the interest of the party." Praful Patel, Leader, NCP

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!