Unauthentic video featuring Nirmala Sitharaman claims promise of Rs 15 lakh monthly income from an investment platform. Users are warned to be cautious and avoid such fraudulent offers.
The Government of India's PIB Fact Check department has flagged a viral video as false, intended to deceive viewers. The video, currently circulating on social media, falsely portrays Finance Minister Nirmala Sitharaman endorsing a scheme promising daily returns of ₹25,000 on a ₹25,000 investment.
It is crucial to note that the video is not an official statement or announcement from Nirmala Sitharaman or any government body. Additionally, the scheme endorsed in the video does not exist in reality. MobiKwik, a digital payments platform, has frozen 2000 merchant accounts due to heavy losses, but there is no evidence linking this to the alleged scheme.
The creators of the fake videos have not been publicly identified, but the video was produced using AI technology. The video should be treated with caution and verified before sharing. It is always advisable to cross-check information from reliable sources before making any financial decisions.
In other business news today, TCS and Vodafone Idea have entered into a 5-year deal for an unspecified reason. The latest news today can be found on ET Now. Stocks to watch today include Vedanta, JSW Energy, Adani Group stocks, Oil India, and more.
For those interested in dividends, the record date for NSDL dividend 2025 is today. There is an opportunity for a ₹50 dividend per share with a record date next Monday. A list of 123 stocks going ex-date today with dividends, splits, and rights issues is available.
In the world of derivatives, trading involves futures and options in the stock market. Citi has hiked the share price target for Samvardhana Motherson with a SELL rating, citing 5 reasons. Always remember, trading derivatives carries a higher risk due to leverage, so it's essential to understand the risks involved.
Stay informed, stay vigilant, and always verify your sources. Happy investing!
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