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Time of India
12 hours ago
- Entertainment
- Time of India
Almost 100 million views: Pune grandmother's ‘Kajra Re' dance moves becomes a symbol of financial freedom. Fund manager awestruck
A fund manager's weekend was made special—not by market movement, but by a Pune grandmother's viral dance video. Sharing the clip online, Gurmeet Chadha, Managing Partner and CIO at Compcircle, called it a vision of how one should age—or rather, grow young. For him and many others, the elderly woman's confident moves weren't just dance steps—they were symbolic of joyful aging and a life well-prepared. Her spirited performance sparked a broader conversation on the value of living fully, possibly enabled by smart financial planning that allows freedom and fun in old age. The video, shared by the 3DT Dance Crew on Instagram, shows a charismatic elderly woman—affectionately known as Dadi—lighting up the dance floor with grace, energy, and rhythm to the Bollywood classic Kajra Re. Dressed in a saree and surrounded by younger dancers, she delivers every move with poise and precision. The video has neared the 100-million view mark since being shared last month, resonating with audiences worldwide. View this post on Instagram A post shared by 3𝔻𝕋 𝔻𝔸ℕℂ𝔼 ℂℝ𝔼𝕎 ( 𝐏𝐔𝐍𝐄) 🔹 (@3dt_dance_crew_pune) What makes the moment even more impactful is the wave of emotional and financial reflections it triggered online. Many viewers saw Dadi's performance not just as a feel-good moment, but as a powerful visual metaphor for what aging with dignity and financial independence can look like. Comments poured in from netizens who praised her vitality, speculating that she must have planned her retirement beautifully—emotionally and financially—to be this carefree and confident in her golden years. — connectgurmeet (@connectgurmeet) Some joked that grandmothers who invested in gold back in the '70s are now dancing their way through inflation. Others reflected on their own aging parents and grandparents, drawing inspiration to help their elders live more fulfilling lives. The overwhelming consensus was clear: Dadi had not just danced—she had inspired. Her moves also sparked nostalgic comparisons to legendary Indian dancers like Vyjayanthimala, who continues to dance well into her 90s. In a world often obsessed with youth and productivity, Dadi's viral performance has become an unlikely reminder of the beauty of aging well—with joy, movement, and possibly a well-structured retirement plan.
Time of India
18-05-2025
- Business
- Time of India
Dream11 and astrology apps earn over Rs 30,000 crore, but only 5 crore Indians invest for the future: Financial planner sounds alarm
India's smartphone-savvy generation is hooked on online gaming and digital astrology . From fantasy sports leagues and esports to horoscope apps and virtual astrology consultations, these platforms have captured millions of users. The revenue speaks volumes: gaming apps like Dream11 and My11Circle have pulled in ₹30,000 crore, while astrology apps such as Astrotalk have crossed ₹1,000 crore in earnings. Gurmeet Chadha , Managing Partner & CIO at Compcircle, recently pointed this out on X (formerly Twitter). He said, 'Dream 11, my11 circle & other gaming apps did 30000 cr revenue. Astrotalk & astrology apps 1000 cr+ revenue. 56 cr Indians r gamers largely in 18-30 age group. Hardly 5 cr Indians do SIPs. Imagine the potential...' This contrast between entertainment and investment is stark. — connectgurmeet (@connectgurmeet) 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like บ้านขนาดเล็กพร้อมห้องน้ำ ที่น่าสนใจในปี 2025 Visionary Echo อ่านเพิ่มเติม Undo Chasing predictions vs building the future Chadha highlighted a worrying trend among young Indians. 'We want to predict future on a daily-weekly basis but do not want to BUILD our future over long term,' he said. His words capture the dilemma perfectly. Daily horoscope checks and fantasy sports bring instant gratification, but commitment to long-term wealth creation remains weak. This mismatch raises questions about financial literacy and priorities among a generation with access to advanced technology yet reluctant to invest in their future stability. Live Events SIPs see growth, but investor caution grows The latest figures from the Association of Mutual Funds in India (AMFI) offer a nuanced picture. Systematic Investment Plans (SIPs) saw record contributions in April 2025, reaching ₹26,632 crore—a 3% increase from March's ₹25,926 crore. The total number of mutual fund folios also increased to over 236 million, reflecting rising interest. But the surge comes with a catch. The SIP stoppage ratio shot up to 75.63% for the fiscal year 2025. This means more than 514 lakh SIPs were discontinued, even as nearly 680 lakh new SIPs were registered. Since January, the number of SIP closures has exceeded new registrations—a reversal not observed in over two years. This points to growing caution among retail investors amid shifting market conditions. A different kind of SIP: A call for national security Chadha has been a vocal advocate of disciplined investing. But he recently suggested a new kind of SIP — one 'that should have nothing to do with stocks, mutual funds or returns.' Instead, he urged voluntary monthly contributions to the National Defence Fund. His proposal, made during a period of tense India-Pakistan relations, underscores a crucial truth: financial goals lose meaning without national security. This approach broadens the idea of investment beyond personal wealth to collective safety. The booming demand for quick entertainment and daily fortune-telling apps reflects a youthful urge for instant answers. But the slow, steady habit of building wealth through SIPs remains underdeveloped. Bridging this gap will require more than just numbers. It calls for shifting mindsets—encouraging young Indians to see long-term financial planning as equally essential as their digital pastimes. As the data shows, while interest in mutual funds is growing, many investors are still hesitant to commit long term. Encouraging steady investing habits alongside digital trends could help build a more financially secure future for India's youth. The challenge is clear: can India's young population balance their love for daily predictions with the discipline needed to build lasting wealth? The answer will shape the country's economic outlook for years to come.
