Noida man duped of Rs 1 cr in WhatsApp stock scam

A 61-year-old Noida resident has reportedly lost more than Rs 1 crore in a stock trading scam operated through WhatsApp, where one of the fraudsters posed as a “professor” offering stock market advice. According to The Times of India, the victim, Sital Kumar of Sector 113, was contacted in April 2023 by three individuals claiming … Read more

SEBI Warns Investors Against Fake Trading Calls, Misleading Apps On Social Media Platforms

Mumbai: Alarmed at frauds related to securities market on various social media platforms, capital markets regulator SEBI has issued an advisory for investors to exercise caution and due diligence to verify the genuineness of social media handles of SEBI-registered entities while accessing them. SEBI noticed an increase in frauds related to securities market on various social … Read more

FIIs withdraw ₹31,575cr from Indian equities this month

US businesses that rely heavily on Chinese manufacturing are reeling after former President Donald Trump imposed sweeping new tariffs on imports from China — raising them to an unprecedented 145% in retaliation for what he called unfair trade practices. As reported by the Associated Press, the dramatic tariff hikes — rolled out unpredictably and at … Read more

Trump’s tariff may shrink global trade by 3%, shift exports to India, Brazil: UN expert

The new US tariff regime could shrink global trade by 3 per cent and significantly shift export flows from traditional markets like the US and China to emerging economies such as India, Canada, and Brazil, according to a top United Nations trade official, as PTI reported. Pamela Coke-Hamilton, Executive Director of the International Trade Centre, … Read more

America losing the status of ‘safe haven’, questions arising about government treasury

The uproar of the stock market may have made all the headlines, but another serious crisis is flourishing in another corner of the financial market. Investors are rapidly selling the US government bonds. Usually, whenever there is a call for economic crisis, investors invest money in American Treasury, but this time it is not happening. … Read more