Thursday, 11 June 2026

Mumbai Police Responds To Priyanka Chaturvedi's 'Disgraceful' Remark

A viral social media post by the Mumbai Police addressing consent via the ongoing Pranit More biryani controversy has drawn sharp political backlash. Shiv Sena (UBT) lawmaker Priyanka Chaturvedi slammed the law enforcement department's official social media handle, calling its attempt to address the matter "disgraceful."

The Mumbai Police joined the conversation on X, using the trend to emphasise that consent cannot be bought. The police warned, “Rs 370 gets you one plate of biryani. Our lock-up serves free meals with a longer stay.” The post ended with the hashtag “#BiryaniIsNotConsent”.

Responding to an official campaign touting the city's commitment to "Safeguarding Women", Chaturvedi criticised the force, replying, "Do better, Mumbai Police, this is so disgraceful."

This gained the attention of users as well as police authorities, who responded further to her post, "Ma'am, with due respect to your interpretation, isn't it the most rightful thing to stand with women and for women?"

ALSO READ: Pranit More Show Row: Audience Member Loses Job Over Viral 'Rs 370 Biryani' Comment

While clarifying that the language was used only to grab attention and was intended for good purposes, the police added, "We condemn their dignity being breached even in words and are willing to put the word across in a language understood best. Safeguarding women and their dignity is never out of trend!"

This was dismissed by Chaturvedi, who said, "No. But they are selling cheap thrills on the basis of what is trending. Shameless."

What is the biryani controversy?

The "Rs 370 Biryani" controversy erupted after a clip from comedian Pranit More's crowd-work show went viral. In the video, an audience member named Himanshu Jangra stated that he spent Rs 370 on a chicken biryani date, implying that the financial expense entitled him to physical intimacy with the woman.

The comment sparked massive online outrage for reducing consent to a commercial transaction. Amid mounting backlash, comedian Pranit More issued an apology on Instagram before subsequently deactivating his account.



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Wednesday, 10 June 2026

SIPs Are Like Marilyn Monroe: "If You Can't Handle Them At Their Worst...''

Back in 2012, I interviewed the late Parag Parikh when he was about to launch PPFAS Mutual Fund. Besides his contrarian investing style, the one thing that stood out about him was his refreshingly candid take on things. This was when mutual funds were witnessing outflows for years and assets under management stood at a little over Rs 5 lakh crore - largely debt-oriented.

When I asked him how he planned to garner investments at a time when mutual funds weren't in favour, he said: "By being on the side of the investor". He then pointed to a note he had gotten stamped on the physical prospectus of the AMC's inaugural equity fund that said: "Please do not invest in this fund if you can't remain invested for at least five years".

I can't draw a straight line from the note to PPFAS' outperformance over the past decade, and the swelling of its assets. But surely, sobering investors' expectations when the temptation is to oversell helps attract the right set of investors who won't leave when the going gets tough.

ALSO READ: Equity Fund Inflows Slump 40% To Rs 22,908 Crore In May, Lowest In 2026

Don't Blame Your SIPs

Which brings me to the chatter over SIPs of late, as returns have remained muted for years amidst a sideways market.

Veteran investor Shankar Sharma seemingly mocked SIPs, saying they were a great product - but only for institutions that used it to sell expensive stocks to retail investors.

I have a different take. SIPs are a great product for retail investors, so long as expectations are rightly set.

For years, the industry has sold SIPs with the market squarely focused on returns but not risk. (That financial theory and practice equate risk with volatility is itself an awfully incorrect way of looking at things but that's a piece for another day.)

But all of investing boils down to a few basic truths - even first principles, if you will -- which the industry, and I dare say, financial media, overcomplicate.

Let's look at them from the Indian context:

  1. Indian economy grows at an average 6%. Add another 4-6% by way of inflation, and we look at 10-12% nominal growth.
  2. Consequently, companies, on average, will grow their earnings at a similar 12% rate - Sensex EPS data from 30 years bears out this correlation nearly one-to-one.
  3. Assuming the market is fairly-valued (say an index price-to-earnings multiple of 16), you can expect 12% returns over the long term. Money doubles every six years. Pretty decent, though not spectacular.

The problem arises when the market goes from fairly valued to over valued, and investors are shown the recent 20-25% CAGR picture, without a warning that periods of underperformance likely follow periods of outperformance.

The standard disclaimer - "past performance is not an indicator of future results" - doesn't amount to much if the risk of negative or low long-term returns isn't specifically communicated in the context of the current valuation picture.

So, if, as an investor, you're unhappy with your SIP returns, you've been sold the right product with the wrong expectations.

ALSO READ: Gold ETFs Break 13-Month Win Streak As Investors Pull Out Rs 725 Crore In May

What You Should Expect Now

SIPs aren't a magic bullet that will always give good returns. Over a period of three-five years, their returns very much resemble a spring. If the market has fallen sharply recently, they will likely do well. If you start when a lot of the money has already been made recently, you will likely have to endure pain.

We're in the pain phase now, meaning that sooner or later, things will turn for the better. So, if you're an investor, this is the time to stay the course and not to throw in the towel.

The question is how much better.

After all, the market has only gone from expensive to less expensive.

Plus, the market is not fully pricing in changing global dynamics. Should equities be valued in the same way in a deglobalising world order, as they were in a globalising world where flow of capital was entirely driven by merit rather than also nationalistic considerations?

And it's not an overstatement to state that AI is the most powerful disinflationary force the world has, and will likely, ever see. Meaning the 6 + 6 math I outlined earlier could likely become 5 + 4 or thereabouts in the future.

So, if you continue to invest without worrying about returns, your SIP returns will likely go from poor to decent to maybe even amazing in due course.

Put simply, if the SIP could speak, it would liken itself to Marilyn Monroe who famously said: "if you can't handle me at my worst, you don't deserve me at my best."

I only wonder if you factored this in when you began your SIPs.



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Tuesday, 9 June 2026

Amy Adams Shares The Hilarious Reason She'll Never Enter The Love Island Villa

Millions of viewers are following the latest season of Love Island USA, and it turns out Amy Adams is one of them. The actress revealed that she is a big fan of the dating reality show, but made it clear that viewers should not expect to see her walking into the villa as a contestant anytime soon.

During an appearance on The Tonight Show Starring Jimmy Fallon, Adams spoke about her love for the series and shared why taking part in it will be extremely difficult for her. While she enjoys watching the drama, relationships and surprises, she joked that many parts of the experience sound like her worst nightmare.

Adams pointed to several things that will make life in the villa challenging, including constantly being around strangers, socialising all day, spending time in the sun and wearing swimwear. She also shared a funny observation about the show that many fans may have overlooked. According to her, there's very little shade around the villa.

Amy Adams said, “I'm a little behind on this season. A little behind. That show's really fun to watch, but it gives me a lot of anxiety. It's like my personal nightmare, like strangers, socialising, bikinis. Sun. There's just no shade. Does anyone notice there's no shade on the show? I would just be, like, running around with zinc oxide, being like, ‘You're looking a little crispy.' That's totally hot.”

When Jimmy Fallon asked, “Are you into reality TV in general?”

“I think I'm a little bit more of a true crime gal, I love Dateline. Why is it relaxing? I think there are psychological studies behind it, but I can't quote them, but we love it,” she said.

Amy Adams' appearance on The Tonight Show came days after the release of her new series, Cape Fear. The psychological thriller follows a happy couple whose lives are turned upside down when Max Cady, a notorious killer from their past, played by Javier Bardem, is released from prison and decides to take revenge.



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Monday, 8 June 2026

Karuppu OTT Release: When and Where to Watch Suriya’s Fantasy Action Drama Online

Karuppu is a Tamil fantasy action drama directed by RJ Balaji.

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Tik Tik Tik OTT Release: Where to Watch Jayam Ravi’s Tamil Sci-Fi Thriller Online

Tik Tik Tik is a 2018 Tamil science-fiction thriller written and directed by Shakti Soundar Rajan.

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Vicky Cristina Barcelona OTT Release Date Revealed: Know When and Where to Watch it Online

Vicky Cristina Barcelona is a 2008 romance drama film that has finally made its way to the digital screens. Streaming begins on June 12th, 2026, only on Lionsgate Play.

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Dark Face Now Available on OTT: Know How To Stream This Crime-Thriller Film Online

Dark Face is a Tamil crime-thriller film that was written and directed by Saran Prakash. It is now available for rent only on BmsStream. It stars Y.G. Mahendran in the key role.

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Mumbai Police Responds To Priyanka Chaturvedi's 'Disgraceful' Remark

A viral social media post by the Mumbai Police addressing consent via the ongoing Pranit More biryani controversy has drawn sharp political ...