BUSINESS

Various posts on social media are claiming that there exists a legal tender called “Raam” which is the most stable and the most expensive currency in the world. The posts claim that the alleged exchange rate of Raam equals ten euros. Some users also claim that it is the currency of the Netherlands. It is also claimed that these notes ...

A viral WhatsApp message claims that the Government has approved and is giving out Rs.5,000 to every citizen owing to the losses incurred due to the implementation of the lockdown. Digiteye India also received the message on its WhatsApp number for fact-checking. The viral message states: “The Government has finally approved and have started giving out free Rs. 5,000 Relief ...

The tension on the border of India and China has trickled down to its citizens. Many posts and videos have emerged on social media asking citizens to boycott Chinese products and it has been endorsed by many celebrities and political leaders. As a part of this campaign to shun Chinese products, people took to uninstalling Chinese developed apps from their ...

In the wake of current coronavirus pandemic and the new wave of misinformation, China has become the suspecting target for many. After Indian Prime Minister Narendra Modi in his recent address on May 12, 2020 urged the citizens to go “vocal about local,” it has been tweaked to mean shunning foreign goods and buy Indian brands. Here are some viral ...

A message has been circulating on social media platforms claiming that workers between the years 1990 and 2020 are liable to receive Rs.120,000 from India’s Ministry of Labour and Employment body. There is also a link that is attached with the forward for users to check if their name is on the list. It was widely circulated on social media ever ...

Due to the coronavirus outbreak, unease has circulated on social media platforms whether handling cash and coins could aid in the transmission of the virus. As the virus can stay on notes for more than 9 days, it has led to concern among people and traders who deal in cash. Here are some concerns making rounds on social media: Fact ...

With the increase in the number of people affected by the coronavirus, there has been a surge in the number of fake news being circulated. Amid the health crisis which the world is in, a financial and economic crisis is also underway involving business houses and prominent company heads. In the domain foreign exchange, several stories have been making rounds ...

Digiteye India on its WhatsApp received the message for fact checking as the news has been making headlines in newspapers. Amid coronavirus outbreak, Indian social media has been abuzz with many claims and counter-claims and the latest one involved India’s Tata Group chairman Ratan Tata. The article was published by a regional daily based in Jamshedpur on its front page ...

Wibs Bread, located in Mumbai and Navi Mumbai, produces about 3,000 slices of bread per hour and the company retains 46% of the market share in Greater Mumbai. But amid the coronavirus outbreak, Wibs Bread is going viral for a wrong reason on social media platforms. Digiteye India received the following message on WhatsApp for fact check: Wibs is a ...

Digiteye India received a message forward which stated that the owner of Joyalukkas jewelry group — Joy Alukkas — is dead. The message, which is making rounds on social media, claims that the owner of the group is dead because of the coronavirus but his body could not be brought back to India because of the current lockdown in the ...