Latest news with #TILCreatives
Economic Times
a day ago
- Economic Times
Reality TV star Tamika Chesser charged with murder after partner found dismembered
TIL Creatives Search continues for missing remains in Port Lincoln murder case Police in South Australia are on the eighth day of a search for the missing remains of Julian Daniel Story, 39, whose body was found mutilated and partially burned at a home in Port Lincoln. His former partner, 34-year-old Tamika Chesser, best known for her appearance on 'Beauty and the Geek' in 2010, has been charged with his were called to the Flinders Highway home just after 3:30 pm. on June 19 in response to reports of a fire. Story's dismembered and charred body, missing its head and other parts, was discovered in a say Chesser was found unresponsive in the backyard and taken into custody. She has since been transferred to James Nash House, a secure psychiatric facility in Adelaide, and is currently being held under a mental health treatment faces multiple charges, including murder, arson, interfering with human remains, and assaulting a police officer. She has not entered a plea and was denied bail at her initial court appearance via video link. Her next court date is set for case has devastated the town of Port Lincoln, where Story was a well-known local. Mayor Diana Mislov, speaking on behalf of his family, described the loss as 'beyond belief.' 'He was a human being who didn't deserve this,' Mislov said through tears. 'He was much loved. Very much loved. The family is distraught.'Residents say Story was a gentle presence in the community, with a quiet nature and strong ties to his have yet to recover Story's head, which they say is critical for both the investigation and providing the family with closure.'We still have not located the head, and it is essential that we do,' said Detective Superintendent Des Bray. 'We are asking the public to check any CCTV or dashcam footage they might have from June 17 to June 19.' The State Emergency Service and police divers have scoured nearby beaches and coastal terrain for any trace of the missing remains. Investigators released new CCTV footage on Friday showing a woman dressed in black walking three dogs near the scene in the early morning hours after the alleged murder. Police are appealing to anyone who may recognize the individual to come family told the media she had struggled with her mental health in recent months and had been recently discharged from a local facility. Her relatives say they pleaded with doctors not to release her, concerned about her Mislov echoed their frustration. 'We need more mental health support in this region,' she said. 'We don't need short-term solutions, we need long-term care plans that help people.' Rise Chesser rose to national attention in 2010 as a finalist on Beauty and the Geek , where she appeared as a bubbly 20-year-old. In the years since, she worked sporadically as a model and adult content creator under the name 'Mika Chesser.' Daniel Iachini, her co-star on the show, expressed shock at the allegations. 'It's incredibly sad for all involved,' he told The Advertiser . 'My thoughts are with Julian's family.'
Economic Times
21-06-2025
- Entertainment
- Economic Times
Australia's Most Identical: This wild new reality show pits 100 identical twins against each other
TIL Creatives "Australia's Most Identical" airs Tuesday, June 24 at 7:00 PM AEST (Australian Eastern Standard Time) on Channel 9 and will be available for streaming on 9Now. A new reality TV competition is putting the spotlight on one of the most fascinating human bonds, that of identical twins. "Australia's Most Identical", a series set to premiere on Channel 9 and 9Now on June 24, dives deep into the unique lives, quirks, and connections shared by some of the country's most genetically alike siblings. The show, hosted by popular presenter Scott Cam, brings together twenty pairs of identical twins from across Australia. These twins will compete in a series of fun, emotional, and revealing challenges that test how alike they look and how closely they think, act, and live. But this is more than a typical talent or beauty contest. "Australia's Most Identical" blends science, psychology, and entertainment to examine what makes twins so special. Through various tasks and interviews, the show explores themes like shared intuition, mirrored movements, and even whether some twins can sense each other's emotions from afar. It's a light-hearted yet insightful look at the invisible thread that often binds twins more deeply than anyone the available details, it can be expected that storytelling and scientific curiosity will centre around it. Contestants share personal experiences, from growing up as 'mirror images' to carving out individual identities in a world that often sees them as one. Audiences will also hear from twin experts and researchers who help unpack the biological and emotional dynamics that make twin relationships so unique. "Australia's Most Identical" airs Tuesday, June 24 at 7:00 PM AEST (Australian Eastern Standard Time) on Channel 9 and will be available for streaming on 9Now.
Economic Times
16-06-2025
- Business
- Economic Times
'That iPhone could have been a mutual fund SIP': Data scientist blames ego for Indian middle class's EMI burden
TIL Creatives India's middle class is spiraling into debt not due to systemic oppression, but because of poor financial choices, says Monish Gosar. His post argues that emotional spending, lifestyle inflation, and social media-driven aspirations have led to rising credit burdens. (Image: TIL Creatives) A ₹10 lakh car. A brand-new iPhone. A weekly fancy dinner. In today's India, these have become silent symbols of success—tokens of middle-class arrival. But what if these very purchases are costing the Indian middle class its financial future? That's the provocative argument made by Mumbai-based data scientist Monish Gosar in a hard-hitting LinkedIn post that's ignited sharp reactions online. With India's credit card debt ballooning to ₹2.92 lakh crore in just four years and personal loans rising 75%, Gosar isn't pointing fingers at banks or inflation. Instead, he turns the spotlight inward: 'Banks didn't trap us,' he writes. 'They offered the rope. We tied the knots.' His message is as blistering as it is timely— we're not victims of the system; we're participants in our own downfall. In a country where a ₹15 LPA salary is seen as upper-middle-class comfort, Gosar paints a sobering picture of self-sabotage. Recalling a friend who chose a ₹10 lakh car over a ₹3 lakh used one, Gosar recalls the justification: 'I deserve it.' But instead of admiration, he offers a warning: 'That's exactly how the system wins.' Gosar's critique is rooted in numbers, not nostalgia. He contrasts the 36% interest on credit cards with the 12% returns from mutual funds—showing how the rush for status symbols overrides long-term sense. 'That iPhone could've been a mutual fund SIP,' he writes. 'We made emotional decisions. And we ignored the math.' The result? A generation struggling not because they're underpaid, but because they're overextended—financially, emotionally, and socially. This isn't just about one man's opinion. Saurabh Mukherjea, founder of Marcellus Investment Managers, recently echoed the anxiety gripping India's white-collar class. In a podcast titled Beyond the Paycheck , he declared the traditional salaried path 'dead,' citing automation, AI, and collapsing middle management structures as signs of the end of job security. 'Much of what was supposed to be done by white-collar workers is now done by AI,' he said, warning of a middle class clinging to dreams that no longer exist. Mukherjea, like Gosar, isn't pessimistic—he's urging a mindset shift. From consumerism to entrepreneurship. From passive income to active risk-taking. From EMIs to equity. Gosar's post also cuts into another uncomfortable truth—how digital platforms like Instagram have distorted financial priorities. 'We started competing with people we don't even know,' he writes. The endless scroll of curated lifestyles has nudged many into equating self-worth with net spending, blurring the lines between wants and needs . It's not that occasional indulgence is inherently wrong, as some netizens pointed out. But Gosar's message is about scale and intent—are we buying because we value the product, or because we crave validation? The comment section under Gosar's post reveals a nation split. Some defend the pursuit of comfort, pointing to rising living costs in metros. Others echo his call for responsibility. But one thing is clear—the middle class is standing at a crossroads. The dream of stable jobs, EMIs, and eventual retirement is under siege from inflation, AI, and a broken housing market. Yet within this crisis lies an opportunity: to rethink what success looks like, to decouple status from spending, and to embrace financial mindfulness over mindless consumption. As Gosar concludes, 'The system didn't trap us. We trapped ourselves. Every swipe, every EMI — that was on us.' The question is: can India's middle class untie the knots before it's too late? Because in the end, that iPhone really could have been a SIP—and that mindset could be the difference between debt and dignity.
Time of India
11-06-2025
- Business
- Time of India
Buy JK Cement, target price Rs 5,850: JM Financial
TIL Creatives JK Cement's key products/revenue segments include Cement and Other Operating Revenue for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 3627.06 crore, up 21.92 % from last quarter Total Income of Rs 2974.83 crore and up 15.09% from last year same quarter Total Income of Rs 3151.45 crore. The company has reported net profit after tax of Rs 361.39 crore in the latest quarter. The company's top management includes Devi Singhania, Mahajan, Jalan, Sinha, Kumar Sharma, Gopalan Wadhwa, Chandra, Heinz Hugentobler, Aggarwal, Kumar Saraogi, Mr. Madhavkrishna Singhania, Singhania, Singhania, Sethi. Company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 8 crore shares outstanding. Live Events Promoter/FII Holdings Promoters held 45.68 per cent stake in the company as of 31-Mar-2025, while FIIs owned 16.14 per cent, DIIs 24.5 per cent. (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel JM Financial has a buy call on JK Cement with a target price of Rs 5,850. The current market price of JK Cement Ltd. is Rs 5,799.75. JK Cement, incorporated in 1994, is a Mid Cap company with a market cap of Rs 44165.76 crore, operating in the Cement Cement's key products/revenue segments include Cement and Other Operating Revenue for the year ending the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 3627.06 crore, up 21.92 % from last quarter Total Income of Rs 2974.83 crore and up 15.09% from last year same quarter Total Income of Rs 3151.45 crore. The company has reported net profit after tax of Rs 361.39 crore in the latest company's top management includes Devi Singhania, Mahajan, Jalan, Sinha, Kumar Sharma, Gopalan Wadhwa, Chandra, Heinz Hugentobler, Aggarwal, Kumar Saraogi, Mr. Madhavkrishna Singhania, Singhania, Singhania, Sethi. Company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 8 crore shares held 45.68 per cent stake in the company as of 31-Mar-2025, while FIIs owned 16.14 per cent, DIIs 24.5 per cent. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
Economic Times
05-06-2025
- Business
- Economic Times
Not just you, even HNIs are struggling to save and invest
TIL Creatives India Wealth Survey 2025: The India Wealth Survey 2025 captured responses from 465 households across 28 Indian cities Mr. Kumar, a 44-year-old banking professional living in Mumbai's Kandivali suburb, earns Rs 50 lakh annually and holds assets worth Rs 3.5 crore. He dreams of buying a new car, funding his daughter's international education, walking her down the aisle, and retiring at 60 with a steady income. Yet, he saves just Rs 5 lakh a year. With a ballooning home loan EMI, school fees, and other lifestyle expenses, Kumar's financial plan, if one can call it that, secures only 62% of his long-term story is not unique. In fact, it's alarmingly typical. According to the India Wealth Survey 2025, jointly conducted by Marcellus Investment Managers and Dun & Bradstreet, India's high-net-worth individuals (HNIs) are increasingly aspirational but financially underprepared. Despite a decade-long bull market and swelling disposable incomes, nearly 43% of Indian HNIs save less than 20% of their post-tax income. For individuals earning more than Rs 20 lakh a year, like Kumar, this mismatch between ambition and financial action is a sobering reality check. The survey, conducted between February and March 2025, captured responses from 465 households across 28 Indian cities, including metros, Tier 1, and Tier 2 towns. These households span different age brackets, professions, and family setups, but a common thread emerged: while wealth may be growing, financial discipline is not keeping pace. India's affluent class is maturing in mindset. The survey found that 75% of HNIs prioritise funding their children's education and marriage, while 40% aim to buy homes, start businesses, or retire early. These aren't far-fetched goals for individuals with annual incomes exceeding Rs 20 lakh. However, many lack the financial clarity to achieve them. More than one-third of respondents aged 30–45, those typically in their prime earning years, reported having at least one active loan. Among these younger HNIs, half are servicing debt, and only 25% manage to save more than 30% of their income. As the survey puts it bluntly, 'Indian HNIs: So Near, Yet So Far.'Their challenges stem not just from consumption but from structural issues in how they plan, or fail to plan, their financial futures. A staggering 14% of HNIs surveyed do not maintain an emergency fund at all, leaving them vulnerable to even minor financial estate continues to dominate the Indian HNI's investment palette, despite its illiquidity and cyclical risks. The survey found that more than 50% of HNIs allocate over 20% of their wealth to real estate, excluding their primary residences. By contrast, only one in three HNIs allocates more than 20% to equities, a disparity that persists even among those who claim to be comfortable with market-linked fact, even ultra-HNIs, defined in the study as households with net worths exceeding Rs 10 crore, struggle with effective diversification. 63% of them save more than 30% of their income, yet only 17% allocate more than 30% to equities. Meanwhile, 65% of them continue to invest 10–20% in gold and silver, underscoring a lingering preference for traditional stores of value over globally diversified, higher-yielding options.'HNIs face challenges in achieving their goals,' the survey noted, citing low investment returns (40%), lack of savings discipline (29%), poor understanding of investment options (21%), and high debt burdens (9%) as the most common roadblocks. While nearly 87% of HNIs rely on external advisors, including wealth managers, bank RMs, chartered accountants, friends, or stock brokers, many feel let down. Two-thirds reported dissatisfaction with the quality of advice they receive. The complaints are telling: 'The advisor doesn't fully understand my needs, and their recommendations are not tailored to my unique situation,' one respondent said. Another added, 'My advisor recommends products to meet their commission targets, rather than advising products which are right for me.'The survey found 31% of respondents citing lack of personalisation, 17% citing conflict of interest, and 14% highlighting lack of transparency as key reasons for their demand for quality advice has never been stronger. A resounding 82% of respondents believe professional financial planning improves their odds of meeting long-term goals. Additionally, 51% want help with diversification, 38% want customised asset allocation, and 32% seek assistance in goal planning, clear signs that Indian HNIs are hungry for more than just investment products; they want frameworks, relationships, and long-term vision. The Marcellus–D&B Wealth Survey 2025 paints a nuanced portrait of India's affluent class: ambitious, aware, but adrift. The traditional model of passive investing, real estate accumulation, and informal advice is showing its age. What HNIs now demand is a more deliberate path, one that aligns their wealth with their purpose. From goal-linked planning and global diversification to conflict-free advisory relationships, the contours of this new roadmap are beginning to take shape. Yet, as the case of Mr. Kumar shows, the gap between intention and execution remains wide. Also read | 43% of Indian HNIs save less than 20% of their income, says Marcellus–D&B Wealth 2025 survey Marcellus proposes a three-pronged solution: no-cost personalised financial planning, access to diversified portfolios including global equities, and ongoing support and counselling. For those willing to trade DIY bravado for expert help, the promise is simple: security, clarity, and peace of until the broader shift occurs, until more Indian HNIs reframe money not just as an asset to accumulate, but as a means to achieve carefully mapped life goals, stories like Kumar's will continue to be the rule, not the exception.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
