I VIMAL SOLANKI

A 70-year-old resident of Kolshet, Thane, Maharashtra, has become the victim of a sophisticated stock market scam orchestrated through a WhatsApp group. The Times of India reports that the individual lost a staggering Rs 2 crore after being lured into the group by unknown individuals. The group, designed to appear legitimate, offered seemingly valuable share trading tips and promised substantial returns on investments. However, what began as helpful advice quickly turned into a manipulative ploy. The group's administrator, posing as a representative of a major Chicago-based investment firm, dangled the carrot of lucrative opportunities to entice unsuspecting traders. The victim, trusting the group's facade and the supposed expert advice, reportedly invested over Rs 2 crore. To further solidify their scam, the fraudsters provided access to a fake website mimicking a legitimate investment platform. This website even displayed a fictitious profit of Rs 3.5 crore on the victim...

               The Indian stock market, like any other, is not immune to periods of turbulence. Throughout its history, it has witnessed several crashes that sent shockwaves through the financial system and investor confidence. While these events can be unsettling, understanding them offers valuable lessons for navigating future market fluctuations. Here, we delve into five of the most significant crashes the Indian market has endured: 1. The Lehman Brothers Fallout (2008):             The global financial crisis of 2008, triggered by the collapse of investment bank Lehman Brothers in the US, had a ripple effect across the globe. The Indian market was no exception. The benchmark index, Sensex, plummeted from a high of around 20,000 points to a low of nearly 9,000 points, reflecting a decline of over 50%. This crash highlighted the interconnectedness of the global financial system and the vulnerability of eme...

In the age of information overload, it can be difficult to know where to turn for reliable information. Social media and advertising are filled with hype, making it tempting to follow the latest trends without stopping to do your own research. But before you jump on the bandwagon, it's important to take a step back and consider the potential risks. The Dangers of Following the Hype There are many dangers associated with following the hype. For one thing, hype is often based on exaggeration or even misinformation. Companies and influencers may tout the benefits of a product or service without providing all the facts. This can lead you to make decisions that are not in your best interest. For example, remember the fidget spinner craze of 2017? These small, handheld toys were marketed as a way to improve focus and relieve anxiety. But there was little scientific evidence to support these claims. In the end, the fidget spinner craze fizzled out as quickly as it began, leaving ...