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The state of the job market has been worrisome for people across the country ever since companies started carrying out large scale layoffs. In 2022, Twitter (now called X) laid off thousands of employees and eventually, companies like Meta, Google, Amazon, Microsoft and so on also began handing the pink slip to employees. Thousands of people took to social media platforms to share their ordeals. While some have successfully moved on to new roles now, many are still searching for opportunities, elevating competition in the job market. However, the situation isn't so grim everywhere. <keyword id="78512" type="General" weightage="100" keywordseo="iim-calcutta" source="Orion">IIM Calcutta</keyword> students bagged offers worth nearly 2 lakh per month for their summer internship programme. Curious? Read on to know more. The 61st batch of IIM Calcutta's flagship MBA programme saw all 475 students secure internships during the recent placement season. The numbers also speak volumes: a staggering median stipend of ₹2 lakh per month, a record-breaking achievement, and an average of ₹1.89 lakh that closely follows. And it doesn’t stop there—the highest domestic offer came in at ₹3.67 lakh, while international placements soared with top offers of ₹6.75 lakh per month. For many, this success story from IIM Calcutta is a reminder that when it comes to premium talent, there’s always a demand, even when the world feels uncertain. Professor Ritu Mehta, Chairperson of Placement Activities at IIM Calcutta, said as per a report in ET, "The outcome of the <keyword id="23806452" type="General" weightage="20" keywordseo="summer-internship-offers" source="keywords">summer internship offers</keyword> has yet again demonstrated the future readiness of our students in a highly competitive landscape. Globally, there is an ongoing recalibration of managerial jobs and pullback of job postings, hence we are very grateful to our recruiters to repose their trust in our students and our academic processes." Meanwhile, IIM Calcutta said, "The cluster-cohort placement process that involved various policies such as ‘dream offer’ enabled recruiters to find a better student-recruiter fit, making the overall process a win-win for both recruiters and students." For the unversed, IIM Calcutta, established in 1961 as the first Indian Institute of Management, is one of the most prestigious business schools in India and is globally renowned for its academic excellence. Known for its rigorous MBA programme, it has built a reputation for producing leaders equipped with strong analytical and strategic thinking skills. The institute has consistently attracted top-tier recruiters across various industries, and people across the industry keep a close eye during its placement season.

₹1.89 lakh per month for summer internship! Freshers at this institute bag bumper monthly stipend

<ul class="summary-list"><li>Robinhood has added new crypto tokens to its platform, including XRP and memecoin Pepe.</li><li>The brokerage is also re-listing Solana and Cardano, which it removed last year amid an SEC crackdown.</li></ul>Robinhood is beefing up its crypto offerings for its users as enthusiasm for digital assets skyrockets since Donald Trump's election victory. The retail brokerage has added a handful of cryptocurrencies to its platform, including XRP and Pepe, the company announced Wednesday. The brokerage also re-listed Solana and Cardano, which it had removed last year amid a crackdown by the US <a target="_blank" href="https://www.businessinsider.com/personal-finance/investing/securities-and-exchange-commission">Securities and Exchange Commission</a>.Coinbase also added <a target="_blank" class="" href="https://www.businessinsider.com/pepe-frog-meme-hate-symbol-hope-hong-kong-protesters-2019-10">Pepe</a>, a memecoin based on an an illustration of a frog, on Wednesday. The coin surged over 51% to an all-time high of $0.000019 following the news, according to data from CoinMarketCap.The new tokens available to Robinhood users come as the crypto industry cheers Donald Trump's win in the US presidential election.Trump has billed himself as the "crypto president" and frequently voiced his support for the industry throughout his campaign. He delivered a speech at a bitcoin event over the summer, with promises to create a "<a target="_blank" class="" href="https://markets.businessinsider.com/news/currencies/bitcoin-price-crypto-industry-donald-trump-election-reserve-regulation-sec-2024-11">bitcoin national stockpile</a>" and even launched a stablecoin under his crypto company.Trump is expected to support policies easing regulation over the industry during his term, and has vowed to <a target="_blank" class="" href="https://markets.businessinsider.com/news/currencies/gary-gensler-sec-cryptocurrencies-bitcoin-ftx-binance-roundup-views-2023-9">fire SEC chair Gary Gensler</a>, who has taken a hard line on the sector. Part of Gensler's approach has included cracking down on large crypto exchanges like Coinbase and Binance. Last year, the SEC filed lawsuits against the exchanges, arguing that tokens like Solana, Cardano, and Polygon are unregistered securities.<a target="_blank" href="https://markets.businessinsider.com/news/currencies/bitcoin-price-today-btc-90000-donald-trump-election-crypto-policies-2024-11?_gl=1*br2xck*_ga*MTY3OTgyNjg0MS4xNzIxMDE2MDM2*_ga_E21CV80ZCZ*MTczMTUyMTI4Mi40MDAuMC4xNzMxNTIxMjgyLjYwLjAuMA..">Bitcoin</a> has surged to all-time highs since the election, skyrocketing to above $92,000 on Wednesday afternoon. Industry proponents say the election marks a major turning point for the industry.

Robinhood adds tokens to its platform as crypto enthusiasm surges following the election

<ul class="summary-list"><li>The Soviet Union's strategy that precipitated the US exit from Vietnam holds lessons for Ukraine. </li><li>The Soviets and Chinese provided Vietnam with weapons that negated the US's airpower advantage.</li></ul>Ukraine can defeat Russia if it and its Western backers learn from America's failure in the Vietnam War, a Ukrainian security expert argues.That war has parallels with Ukraine's fight today. The North Vietnamese thwarted vastly superior American firepower with strategies backed by massive Soviet and Chinese military aid. They are a playbook for how Ukraine might compel Russia to <a target="_blank" href="https://www.businessinsider.com/trump-advisors-peace-plans-ukraine-demilitarized-zone-no-aid-russia-2024-11">make peace</a> within two years, argues Oleksandr Danylyuk, a former top Ukrainian security official and now an analyst for the Royal United Services Institute, a British think tank."The example of the Vietnam War is important primarily because victory for Ukraine is possible only if Russian troops are withdrawn from its territory," Danylyuk said in an <a target="_blank" href="https://rusi.org/explore-our-research/publications/rusi-newsbrief/lessons-vietnam-ukrainian-victory-plan">essay</a> for RUSI. "The creation of conditions under which Russia cannot and is not willing to continue the war, and therefore is forced to leave Ukraine, should be the strategic goal of the pro-Ukrainian coalition."Danylyuk attributes America's failure in Vietnam to a "protracted multi-dimensional strategy by the Soviet Union, on whose help it was completely dependent." The Soviet Union and China supplied Hanoi with ample weapons and other aid, including anti-aircraft weapons to neutralize the US's airpower advantages. The Soviets sent 15,000 military specialists such as air defense experts, while <a target="_blank" href="https://www.washingtonpost.com/archive/politics/1989/05/17/china-admits-combat-in-vietnam-war/6b9cb8a4-4d18-48bf-80d2-bea80f64057c/">China dispatched 320,000 personnel</a> who mostly handled combat support tasks such as logistics, freeing up North Vietnamese manpower for combat duties.Meanwhile, the burden of the war US economy became intolerable, as the Johnson administration refused to raise taxes or cut social programs, leading to deficit spending and inflation. <a target="_blank" href="https://www.businessinsider.com/largest-marches-us-history-2017-1">Anti-war protests</a> — some incited and financed by the Communist bloc — and war-weariness among the general public led the Nixon administration to withdraw American troops. By the time North Vietnamese tanks entered Saigon in 1975, the US was reeling from recession and high oil prices, with no more appetite to aid South Vietnam.Danylyuk admits that <a target="_blank" href="https://www.businessinsider.com/ukraine-facing-powerful-russian-offensive-in-east-grim-outlook-2024-11">Ukraine's situation</a> differs from North Vietnam's in many aspects. "It does not need the presence of allied troops to repel aggression, is not a technologically backward country, and has proven that it cannot only use, but also produce the most modern types of weaponry."Yet, ironically, Danylyuk believes that the keys to defeating Russia's invasion now can be found in the Soviet Union's multi-pronged strategy in Vietnam.<div type="image" title="US Marines wade through a rice paddy in an assault on Viet Cong positions in 1965." height="1383" width="2000" msid="115358659" hostid="261" sizebytes="304174"></div>The first prong of this strategy would be to "stabilize the frontline and to render any successful offensive actions by Russian troops impossible." This would require stopping the Russian <a target="_blank" href="https://www.businessinsider.com/ukraine-turns-tables-russia-drops-glide-bombs-on-its-territory-2024-8">glide bomb</a> attacks that are devastating Ukrainian frontline positions. Rather than trying to stop the bombs themselves, Danylyuk suggests the West provide more fighters armed with long-range air-to-air missiles — in particular <a target="_blank" href="https://www.businessinsider.com/why-ukraine-needs-gripen-fighter-jets-long-term-f-16s-2024-10">Sweden's Gripen jet</a> with Meteor missiles — to shoot down Russian aircraft before they can release glide bombs. His paper notes that the Soviets provided Vietnam 155 MiG fighters in three years alone.Or, if the West is willing to provide "several billion dollars," Ukraine can produce enough long-range <a target="_blank" href="https://newsukraine.rbc.ua/news/romania-and-ukraine-to-develop-neptune-missiles-1722693809.html">Neptune cruise missiles</a> to destroy the Russian airbases and aircraft from which the bombing runs are launched. These weapons would also force Russia to redeploy air defense systems, such as S-300 and <a target="_blank" href="https://www.businessinsider.com/russia-s-400-formidable-not-quite-up-to-the-hype-2024-5">S-400</a> anti-aircraft missiles, from Ukraine back to Russia. In addition, Ukraine should also try to kill as many Russian troops as possible to force the Kremlin into another mobilization likely to be deeply unpopular. "Accomplishing this task directly depends on Ukraine's ability to achieve fire parity on the contact line, which requires the West, in turn, to produce a sufficient amount of artillery ammunition," Danylyuk said.In 1965, when major US combat operations in Vietnam began, the majority of the American public <a target="_blank" href="https://www.statista.com/statistics/1334328/vietnam-war-us-public-opinion-mistake/">backed </a>US intervention. But a US commitment that swelled to 543,000 personnel by 1969, along with growing resentment over the draft and 58,000 American personnel killed, eroded that support.On the economic front, Danylyuk urges the West to bankrupt the Russian war effort by seeking to lower the price of oil, which provides much of Russia's revenues. He points to the collapse of the Soviet Union, caused in part by falling oil prices in the 1980s. This would require other nations to boost oil production to depress prices."It must be recognized that attempts to apply restrictions on the price of Russian oil alone have not worked, and without replacing Russia's share of the world market by increasing production elsewhere, the situation will remain favorable for Moscow," said Danylyuk. Indeed, Saudi Arabia and some of its OPEC allies plan to <a target="_blank" href="https://oilprice.com/Energy/Crude-Oil/How-Saudi-Oil-Policies-Could-Cripple-Russias-War-Effort.html">produce more oil</a> and cut prices.Psychologically, the West should tap into Russian <a target="_blank" href="https://www.businessinsider.com/russians-resisting-crackdown-war-dissidents-paying-2024-3">anti-war sentiment</a> — heavily suppressed by Vladimir Putin's government, but still simmering. "The only explanation for the lack of a mass anti-war movement and large-scale protests is the absence of an organized and popular opposition in Russia," Danylyuk said. "Under such conditions, there is no alternative to providing organizational and financial support for such a movement from the outside."Danylyuk's plan is ambitious, to say the least. Compelling Russia to make peace on the battlefield seems unlikely at least in the short term, as Russian forces advance slowly, <a target="_blank" href="https://www.businessinsider.com/russia-lost-1200-a-day-highest-since-war-began-intel-2024-5">painfully</a> but inexorably. Whether Saudi Arabia and other oil producers would choose to depress oil prices in the long term remains to be seen. Banking on the Russian public's anti-war sentiment is chancy, given the intense repression and propaganda of Putin's government.But the alternative is even worse, Danylyuk warns. Without a strategy to force Russia to <a target="_blank" href="https://www.businessinsider.com/what-trump-picks-mean-for-ukraine-skepticism-time-pressure-2024-11">end the war</a>, the outcome will be to "exhaust Ukraine and the West and allow Russia to implement its own multidimensional plan to end support for Ukraine, according to which Kyiv would be added to the list of cities that have become symbols of the West's geopolitical defeats: Kabul and Saigon."Michael Peck is a defense writer whose work has appeared in Forbes, Defense News, Foreign Policy magazine, and other publications. He holds an MA in political science from Rutgers Univ. Follow him on <a target="_blank" href="https://www.twitter.com/@mipeck1">Twitter</a> and <a target="_blank" href="https://www.linkedin.com/in/mipeck/">LinkedIn</a>.

America's defeat in Vietnam offers a game plan for Ukrainian victory  

<keyword id="19982504" type="General" weightage="20" keywordseo="IIT-Bombay" source="keywords" meta.keywordsubtype="org" meta.entityname="IIT Bombay" meta.hostid="261" meta.entityid="IIT Bombay">IIT Bombay</keyword> is one of the top choices for recruiters and every year, many graduates from the institution get lucrative <keyword id="19897127" type="General" weightage="20" keywordseo="job-offers" source="keywords">job offers</keyword> that make headlines. The 2023-2024 placement season at the institution just came to a close and a detailed report of the same is available on IIT Bombay's website. As per the report, around 75 percent candidates got a job offer this time. "The placement season was successfully completed with three out of four students securing desired job profiles despite the challenging job scenario. The total recruited Ph.D. students are 32 out of 118 active participants. Considering the total number of participating students, the placement percentage is nearly 75%. Most of the remaining unplaced students have identified avenues to be gainfully employed. Some of the unplaced students prefer higher studies, self-employment, or entrepreneurship over the jobs being offered to them. Almost all of the participating companies have honored their job offers," the report said. However, the lowest salary being offered to students this year is making headlines as it dropped to 4 LPA this year. Let us take a look at some of the highlights of the <keyword id="23022543" type="General" weightage="20" keywordseo="2024-placements" source="keywords">2024 placements</keyword> in IIT Bombay, including the highest salary packages, <keyword id="23022544" type="General" weightage="20" keywordseo="top-recruiters" source="keywords">top recruiters</keyword>, and an overview of student placements and internships. <h2><keyword id="23018452" type="General" weightage="100" keywordseo="IIT-Bombay-2024-placements" source="Orion">IIT Bombay 2024 placements</keyword>: Highest salary</h2>One of the standout features of this year’s placements was the 22 job offers exceeding INR 1 crore per annum, reflecting demand for specialised skills in certain sectors. Additionally, 78 students accepted international offers, indicating the global opportunities accessible to IIT Bombay graduates. <h2 style="margin-bottom: 0.7em; line-height: 1.3; color: rgb(0, 0, 0); font-size: 24px; background: 0px 0px rgb(255, 255, 255); text-rendering: optimizelegibility;">IIT Bombay 2024 placements: Average salaries</h2>The overall average annual CTC (Cost to Company) offered during the 2023-2024 placement season was Rs 23.50 LPA (Lakhs Per Annum), marking a 7.7% increase from the previous year’s average of Rs 21.82 LPA. The median salary stood at Rs 17.92 LPA, underscoring the consistent demand for graduates across various sectors. These numbers are a testament to the robust job market that IIT Bombay students enter upon graduation. <div type="Article" hostid="261" msid="109184947" title="Fresher hiring sees a significant decline, particularly in IT sector! What should you do?" mstype="2" mssubtype="0"></div> <h2>IIT Bombay 2024 placements: Lowest salaries</h2>While the focus often falls on the highest salaries, it’s important to note that there were also offers at the lower end of the spectrum. As mentioned already, the lowest salary offers during the 2023-2024 placements fell within the Rs 4 LPA to Rs 6 LPA range this year. Earlier, the lowest salary offered to students used to be 6 LPA. As per reports, 10 students accepted offers that fell within this range. These figures are more common in sectors such as education and design, where entry-level salaries tend to be modest compared to other fields. <h2>IIT Bombay 2024 placements: Number of students who got jobs </h2>Out of the 2,414 students who registered for placements, 1,475 students secured job offers, bringing the placement rate to 74.53%. The placement drive saw participation from 364 companies, with 1,650 job offers being made. In addition to full-time roles, internships also played a crucial part in student preparation and employment. A total of 1,267 internship offers were made, including 1,177 from companies and 90 from universities, reflecting a 13% increase in internship opportunities compared to the previous year. <h2>IIT Bombay 2024 placements: Top recruiters</h2>This year, the Engineering and Technology sector emerged as the top recruiter, with 430 students being hired by 106 companies. The IT and Software sector followed closely, offering 307 job positions. Finance, Consulting, and Research &amp; Development were also prominent, with significant hiring across these domains. Major companies participating in the placements included top Indian and multinational firms. <h2 style="margin-bottom: 0.7em; line-height: 1.3; color: rgb(0, 0, 0); font-size: 24px; background: 0px 0px; text-rendering: optimizelegibility;">IIT Bombay 2024 placements: Pre-Placement offers</h2>Pre-placement offers (PPOs) continued to be a vital aspect of the placement process at IIT Bombay. In the 2023-2024 placement season, students received 300 PPOs, of which 258 were accepted. These offers were largely made after the completion of summer internships, highlighting the importance of these internships in securing full-time positions. <h2>Comparison of the number of students placed in the last four years</h2>IIT Bombay has seen lesser student placement numbers over when compared to last year. However, when we look at the last four years, the numbers have been stable. In the 2020-2021 season, 1,150 students were placed, which rose to 1,441 in 2021-2022. The peak was reached in 2022-2023 with 1,516 placements, while this year saw a slight decrease to 1,475. This slight dip from last year’s record high can be attributed to the challenging global economic conditions. <h2>Number of offers from different programs</h2>Different academic programs at IIT Bombay saw varying levels of placement success. The B.Tech program led the way with 683 placements, followed by the M.Tech program with 415 placements. The Dual Degree (B.Tech + M.Tech) program saw 152 students placed, while other programs such as M.Sc., M.Des, and Ph.D. had varying placement numbers, reflecting the diverse opportunities available across disciplines. <h2>International opportunities</h2>This year’s placement season also highlighted a significant rise in the number of international offers, with students receiving opportunities in countries like Japan, Taiwan, Europe, the UAE, Singapore, and the USA. 78 international job offers were made to students this year, whcih is an increase when compared to 65 offers last year. Additionally, the number of companies participating in the placements grew by 12%, indicating steady interest from employers. SEE ALSO: <a href="https://www.businessinsider.in/business/news/will-protest-in-front-of-infosys-office-if-date-is-breached-nites-president-as-1000-freshers-get-joining-date/articleshow/112913256.cms" data-type="tilCustomLink" target="_blank"></a><a href="https://www.businessinsider.in/business/news/swiggy-co-founder-reveals-the-company-had-0-orders-on-day-1-now-it-has-over-3-lakh-partners/articleshow/112884424.cms" data-type="tilCustomLink" target="_blank">Swiggy co-founder reveals the company had 0 orders on day 1, now it has over 3 lakh partners</a> Will protest in front of Infosys office if date is breached: Nites president as 1,000 freshers get joining date

IIT Bombay 2024 placements: Lowest salary drops to Rs 4 LPA, 22 students get Rs 1 crore package

New Delhi: India's <keyword id="19913114" type="General" weightage="20" keywordseo="initial-public-offering" source="keywords">Initial Public Offering</keyword> (IPO) market witnessed a resurgence in 2024, with a total of 272 companies going public compared to 164 during the previous fiscal year, highlights a report by <keyword id="19901201" type="General" weightage="100" keywordseo="SEBI" source="keywords" meta.keywordsubtype="org" meta.entityname="SEBI" meta.hostid="261" meta.entityid="SEBI">SEBI</keyword>. The market regulator SEBI stated that upbeat secondary markets, enthusiasm from retail investors, and strong institutional flows set the stage for a flurry of new listings. "After a relative moderation during 2022-23, the equity segment witnessed a resurgence in fundraising activity during the current fiscal. The <keyword id="19926041" type="General" weightage="20" keywordseo="IPO-market" source="keywords">IPO market</keyword> had been vibrant with a total of 272 companies going public as compared to 164 during the last fiscal year," said SEBI. The report also noted that India received the highest <keyword id="20018891" type="General" weightage="20" keywordseo="foreign-investment" source="keywords">foreign investment</keyword> in the year 2023-24, as the investment surged to a new high of Rs 3.4 lakh crore. It also added that the investment in the year 2023-24 is the highest since the year 1992-93. "Compared to net outflows of Rs 40,936 crore in 2022-23, FPIs invested Rs 3.4 lakh crore in India during 2023-24, which was the highest since 1992-93," said SEBI. SEBI highlighted that Foreign Portfolio Investment and foreign venture capital investment are crucial for emerging economies like India. FY 2023-24 was an exceptional year for India in terms of foreign portfolio investment flows. It added that India's continuing growth resilience, financial stability, reining in of inflation, fiscal consolidation coupled with the persistence of inflation in advanced economies, uncertain geopolitical scenarios, etc., attracted a record level of foreign flows to India. The report noted that in the midst of a subdued global economic scenario with recession risks and monetary tightening, India's economic prospects were bright among emerging markets, driven by a fillip in manufacturing and service sector activities, easing inflation, fiscal consolidation, financial stability, and buoyant <keyword id="20977711" type="General" weightage="20" keywordseo="market-performance" source="keywords">market performance</keyword>. According to the sector-wise breakup on FPI investment, the report stated that out of the consolidated Rs 64.2 lakh crore equity assets held by FPIs, Rs 18.6 lakh crore were invested in financial services, followed by oil, gas, and consumable fuels (Rs 6.0 lakh crore), information technology (Rs 5.9 lakh crore), and automobile and auto components with Rs 4.8 lakh crore invested.

In FY24, 272 companies went public as compared to 164 in FY23: SEBI

In the last few months, have you received a suspicious call from a stranger claiming that you have won a cash prize? Or has someone tried reaching out to you saying that a relative is in trouble and urgently needs money? If you answered yes to any of these questions, know that you are not alone. <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> has reported a rise in scam calls in recent months and these calls seem to be increasing at a rapid rate. But not just calls, there are various other platforms that scammers try to take advantage of, to rob people of their hard-earned money. Read on to know about the top 5 <keyword id="22618205" type="General" weightage="100" keywordseo="personal-finance-scams" source="keywords">personal finance scams</keyword> that are surfacing in India and how you can stay safe from them. <h2>Fake <keyword id="20488964" type="General" weightage="20" keywordseo="job-offer" source="keywords">job offer</keyword> scams</h2>This is one of the most commonly reported scams. Over the last year, there have been many cases where people were approached for seemingly lucrative job offers via platforms like WhatsApp and Telegram. Some of these cases involved the victim making payments to certain accounts, while being made to believe that it is a part of the job and there will be a handsome return later. For instance, a PTI report in May this year revealed that a woman from Navi Mumbai found herself trapped in an online fraud and lost Rs 54 lakh. The victim wanted to earn some extra money by working from home and was reportedly offered freelance work by the scammers. She was also told that she would earn money after completing five tasks. And to receive these tasks, the woman claimed that she paid Rs 54.30 lakh in various accounts. When the woman asked for payment after completing the tasks assigned to her, the scammers stopped replying. <h2>Sweetheart scams</h2>Meeting the love of your life through an <keyword id="20167528" type="General" weightage="20" keywordseo="online-platform" source="keywords">online platform</keyword> seems too good to be true at times. And sometimes, this really is the case. Various cases have surfaced in the past where the victims were duped of their hard-earned money by their online lovers. Just last month, a man in Delhi was scammed of Rs 1.2 lakh when he planned to meet a woman he was talking to on Tinder. The two met at a cafe in Delhi to celebrate the woman’s birthday and ordered some snacks, cakes, and wine. The woman however, abruptly left in the middle of the date citing a family emergency. And the victim incurred a bill of Rs 1,21,917.70 for food that should have only cost a few thousand bucks. When he questioned the high bill, he was threatened and forced to pay. After investigating, the police found that the cafe split the high bills in a set way: 15% to the girl, 45% to the table and cafe managers, and 40% to the owners. <h2>Fake screenshots scams</h2>Another type of scam that is widely happening in the country is where you are shown a screenshot that gives the impression that your account has been credited with some money, when it actually has not. For instance, in March this year, a Delhi Uber driver was making headlines for overcharging a customer for a ride to the airport. A Moneycontrol report mentioned how a man described his experience in a Reddit thread. As per the report, the man said that he had booked a ride to the airport and the initial fare was Rs 340. However, when the ride was completed, the Uber driver showed him a screenshot which depicted that the fare was Rs 648. The driver had claimed that the fare increased due to more waiting time. However, that wasn’t the case and the driver had created a fake screenshot to demand extra money. After this post went viral, several other Reddit users reported similar incidents. <h2><keyword id="19925254" type="General" weightage="20" keywordseo="YouTube" source="keywords" meta.keywordsubtype="org" meta.entityname="YouTube" meta.hostid="261" meta.entityid="YouTube">YouTube</keyword> like and earn scam</h2>This one is similar to the completing tasks scam. In this scam, <keyword id="20013464" type="General" weightage="20" keywordseo="fraudsters" source="keywords">fraudsters</keyword> tend to tell the victim that they will have to engage with a YouTube channel to earn money. They then ask the person to make certain payments, promising a greater reward later on. Once the victim transfers the money, the fraudsters tend to disappear into thin air. In February this year, there were reports of a man losing Rs 16 lakh due to such a scam. <h2><keyword id="19957108" type="General" weightage="20" keywordseo="online-shopping" source="keywords">Online shopping</keyword> scam</h2>If you have ever shopped online, be sure to read this one. Many scamsters come up with fake advertisements on reputed platforms like Instagram to lure people into buying items online. In such scams, once the order has been placed and payment has been made, the victim doesn’t receive the products. In addition to this, scammers can also pose as bank employees and gain access to sensitive information of the victim’s account. For instance, a report by PTI last year revealed that a 70-year-old woman was buying six towels online for Rs 1,160. While making the payment, Rs 19,005 was taken from her account instead of Rs 1,160. She tried to contact the bank helpline but couldn't reach them. Soon after, she got a call from an unknown number. The caller claimed to be from the bank and offered to help with her payment problem. He asked her to download an app for the refund. The woman followed his instructions but ended up losing Rs 1 lakh from her account. When she saw the unauthorised transactions, she went to the police station. Meanwhile, another Rs 8.3 lakh was withdrawn from her account. <h2>How to stay safe from such scams</h2>Even though more and more people are being targeted by scammers, there are some ways that you can ensure that you stay safe. Keep these few points in mind in order to protect yourself against personal financial scams. <ol><li>Don’t share your personal information with strangers online or on the phone. </li><li>Don’t make any payments just because a stranger told you to. Verify the situation and the person’s credentials. </li><li>Don’t click on suspicious links that are sent to you on emails or text messages. </li><li>Avoid shopping for doubtful websites or accepting job offers from sites that appear dubious. </li><li>Before taking up any job offer, perform a thorough search of the company or the person who is claiming to recruit you. </li><li>Read up a bit about popular scams going on right now. At times, a simple Google Search can help you save up loads of money. </li></ol>

Top 5 personal finance scams in India and how to stay safe from them

<ul class="summary-list"><li>Netflix's documentary "Sweet Bobby" follows a woman deceived into a fake online relationship.</li><li>Kirat Assi said she didn't find out her lover's true identity for eight years into the relationship.</li></ul>Warning: Spoilers ahead for Netflix's "Sweet Bobby: My Catfish Nightmare" and the earlier podcast "Sweet Bobby."Kirat Assi, the subject of "Sweet Bobby: My Catfish Nightmare," is still hoping that police will pursue her <a target="_blank" class="" href="https://www.businessinsider.com/signs-being-catfished-2018-9">catfisher</a> after reporting them six years ago.Officers in London told Business Insider that they were again investigating her case after initially dropping it. (Sky News was first to report the development.)The Netflix show plays on two recent hot topics in streaming: true crime and scams, where extra publicity can shed new light on the cases.Here are some of the twists not captured in the show.<h2 id="f4d9cf3f-72bc-4cd7-81cc-8432e90fe0d1">An 8-year deception</h2>In 2010, Assi, a radio presenter from London, began a friendship over Facebook with a man she believed was Bobby Jandu, a wealthy heart doctor.She later thought she met his family on Facebook after the relationship turned romantic and the pair got engaged without ever meeting.Assi was deceived. In 2018 she found that Simran Bhogal, her second cousin, created the elaborate fiction with a web of accounts in a particularly sophisticated example of <a target="_blank" class="" href="https://www.businessinsider.com/celebrities-catfished-online-fake-identities">catfishing</a>.By then, Assi had found and confronted the real Jandu, who had no idea who she was.Jandu and Assi reported Bhogal to the police in the UK. But catfishing is not a crime under UK law, and Bhogal was not charged or prosecuted.Assi sued Bhogal in English courts in a 2020 civil case. The pair settled a year later, with Assi getting financial compensation and an apology letter that could be shown to a limited set of people.Here's what the documentary missed out on Assi's journey for justice.<h2 id="318f63e5-1862-4210-9b4f-feaa4f224c39">Bhogal's attorneys made their own allegations</h2><div type="image" title="A picture of a South Asian woman wearing headphones and a pink top sitting in a radio booth." height="844" width="1125" msid="114426711" hostid="261" sizebytes="41290"></div>In episode five of the 2021 podcast series "<a target="_blank" class="" href="https://www.tortoisemedia.com/listen/sweet-bobby/">Sweet Bobby</a>," which publicized Assi's story before the Netflix release, host Alexi Mostrous said that Assi hired two lawyers.Amrit Maan and Yair Cohen helped her pursue legal action against Bhogal in the months following her first interactions with London's Metropolitan Police.While Maan tried to help Assi get the police to investigate, Cohen represented Assi in the UK's civil courts.Mostrous said Assi then sent a letter threatening legal action against Boghal, accusing her of harassment, misusing Assi's private information, and breaching data protection laws.Bhogal's attorney responded by accusing Assi of grooming Bhogal because the online relationship began when Bhogal was a child and Assi was 32, Mostrous reported. The attorneys also claimed that Assi always knew Bhogal was pretending to be Bobby and threatened to go public with the allegation if the lawsuit wasn't dropped.Assi said in the podcast: "It's outrageous. I just thought that's so low and so disgusting of you. You've already confessed."Assi did not back down.In episode six of the podcast, Mostrous said Bhogal offered a payout and a semi-private apology letter to settle the case in the spring of 2021. Mostrous said Assi wanted a public apology but accepted the settlement after speaking to her lawyers.<h2 id="005b259f-792f-4621-8298-48e134af4c39">Assi has appealed to the police to investigate the crime</h2><div type="image" title="A still from &quot;Sweet Bobby: My Catfish Nightmare&quot; featuring an image of a south Asian man in a t-shirt in a frame." height="844" width="1125" msid="114426715" hostid="261" sizebytes="19582"></div>In the Netflix documentary, Assi said the police in London did not take her claim seriously and thought that Jandu and his wife were the real victims of the catfishing case.The Metropolitan Police dropped the case in 2019, citing a lack of evidence.But on Friday, a spokesperson told Business Insider that it was again investigating, and was "actively working with" Assi.It followed Assi complaining about the handling of her case to the UK's Independent Office for Police Conduct.The IOPC told BI that it found fault with the initial response and asked the Met to review its investigation process.It wasn't clear precisely when or why the Met reopened its case.

Netflix's 'Sweet Bobby' follows an 8-year catfishing. Here's what happened after the victim learned the truth.

<ul class="summary-list"><li>Citi strategists cautioned investors against piling into a rally fueled by a Trump victory. </li><li>They said a potential rally could slow after the initial euphoria wears off. </li></ul>Citi strategists aren't feeling great about either US presidential candidate's impact on the stock market, but a Republican sweep, in particular, might prompt investors to rethink their exposure. Citi analysts noted that while many attribute the recent surge of bullishness to climbing odds for a Donald Trump victory, rising market optimism may be linked to other factors. "All told, we maintain a view that both candidate platforms are incrementally negative to equity fundamentals," the analysts said in a note on Tuesday. "Generally, we are inclined to lighten into any further Trump tailwinds post-election."The Citi strategists said that valuations and "near-euphoric sentiment" in the S&amp;P 500 have more to do with things other than the election that have been influencing stocks for most of this year. "We read it more about soft landing sentiment, ongoing AI-influenced growth tailwinds, along with a pivoting Fed."That means investors should avoid piling into a market rally fueled by a Trump win, since it could slow considerably after the initial euphoria wears off in the coming months, the analysts said."Any further post-election follow through presents an opportunity to lighten into what may be a more confusing election-impacted fundamental picture early next year," they wrote.The analysts added that they see neither candidate as a particularly positive influence on the stock market, though a Trump win would likely be more beneficial. Trump's deregulatory focus and lower corporate tax rates have largely been touted as more business-friendly and a boost to earnings, while his proposals for <a target="_blank" class="" href="https://www.businessinsider.com/donald-trump-impose-tariffs-china-if-elected-2024-2?utm_medium=ingest&amp;utm_source=markets&amp;_gl=1*l3401n*_ga*MTY3OTgyNjg0MS4xNzIxMDE2MDM2*_ga_E21CV80ZCZ*MTczMDMwNjQzNS4zMzYuMS4xNzMwMzA3OTU4LjIuMC4w">soaring tariffs</a> on imports could pose longer-term downside risks.But while the analysts see Kamala Harris's higher corporate taxes as more negative for US equities overall, a Harris win could pose a short-term, buy-the-dip opportunity."On the other hand, while a Harris + split outcome may trigger some initial market pressure, our inclination would be to buy into related weakness," they wrote.

Stocks are gripped by 'near-euphoric sentiment' and the election may offer a chance to pull back, Citi says

<ul class="summary-list"><li>SkyBridge Capital's Anthony Scaramucci benefited from risk assets' postelection rally.</li><li>However, the outspoken Trump critic thinks there's an outside chance that stocks crash.</li></ul>For never-Trumpers like Anthony Scaramucci, the days since the election have been somber.For Scaramucci's bitcoin-heavy portfolio, it's been anything but.<a target="_blank" href="https://markets.businessinsider.com/news/currencies/bitcoin-reaches-80000-for-first-time-trump-election-crypto-2024-11">Bitcoin has caught fire</a> in the wake of <a target="_blank" href="https://www.businessinsider.com/donald-trump-wins-presidential-election-race-2024-11">Donald Trump's presidential win</a>. The so-called digital gold is up more than 23% since November 5 and almost 40% from its mid-October low, which is when the <a target="_blank" href="https://markets.businessinsider.com/news/currencies/donald-trump-victory-big-win-for-crypto-bitcoin-ceo-2024-11">crypto-friendly candidate</a> had started to <a target="_blank" href="https://www.businessinsider.com/stocks-to-buy-election-investing-strategy-2016-comparison-morgan-stanley-2024-11">gain major momentum</a> in betting markets.Scaramucci, who was Trump's White House communications director for 11 days in 2017, <a target="_blank" href="https://www.businessinsider.com/why-trump-won-election-kamala-harris-biden-democrats-anthony-scaramucci-2024-11">didn't see his former boss's win coming</a> — and he wasn't happy about it. But he can't deny that this election outcome has been lucrative so far for him and his team at SkyBridge Capital."That's the irony of life," Scaramucci said in an interview with Business Insider late last week. "I was against him, but ironically, he's enriched our portfolio."Millions of other investors can say the same, regardless of how they voted.US stocks have been on a tear since Trump's win. The S&amp;P 500 is fresh off its best week of 2024 after rising nearly 4% since the election to record highs, and the Nasdaq Composite and Russell 2000 have climbed by even more.Although it's unclear whether the renewed rally is sustainable, the rationale behind it is simple: Wall Street is counting on fewer regulations and lower taxes under Trump, or no tax hikes at the very least. <a target="_blank" href="https://www.businessinsider.com/how-to-invest-trump-win-election-stock-market-outlook-strategy-2024-11">The market seems to see Trump as "pro-growth, pro-deregulation, and pro-markets,"</a> as investment chief David Bahnsen recently put it.<h2 id="7f58fd5e-032d-4216-a5e0-f4525ae43b04">Why the market could turn on Trump</h2>When asked for his take on this jaw-dropping market rally, Scaramucci said it only happened because investors aren't taking some of Trump's most aggressive economic policies literally."Wall Street goes into the bucket of people who don't believe him," Scaramucci said.To be sure, <a target="_blank" href="https://www.crfb.org/blogs/donald-trumps-proposal-lower-corporate-tax-rate-15">cutting the corporate tax rate from 21% to 15%</a> would juice earnings, Scaramucci acknowledged. There may be debate as to whether the burden it could add to the national debt, but it's hard to argue that stocks would get at least a near-term boost."The revenues of that company drops right to the bottom line," Scaramucci said. "They can use that for share repurchase; they can use that for dividends; they can use that for earnings."However, Scaramucci is worried about Trump's other economic proposals, and he's not alone."Let me tell you something: If Trump enacted 50% of what he's saying, you'll have a stock market crash, the likes that you haven't seen since the 1920s," Scaramucci said. "And by the way, don't go by me — Elon Musk is saying that."Scaramucci was referring to the world's richest person's <a target="_blank" href="https://x.com/elonmusk/status/1851138625679081732">agreement with a post on X</a> that said Trump's plans to deport millions of illegal immigrants and cut spending would cause a market meltdown, since it may spark a labor shortage that makes inflation reaccelerate. "You want to deport 15 million people? You'll crush the economy; you'll crush our tax revenues; you'll flip upside down the job market," Scaramucci said.It's not just Trump critics who have those concerns.Tom Orlik, the chief economist at Bloomberg Economics, said in early October that Trump's plans for mass deportations and massive tariffs <a target="_blank" href="https://www.businessinsider.com/election-trump-harris-economy-inflation-stock-market-volatility-risk-orlik-2024-10">could cause "seismic shocks" to the economy.</a> And Orlik wasn't being a Trump hater, as he had said that a Trump administration with similar policies as the first, including less taxes and regulations, could be a strong backdrop for stocks.David Kelly of JPMorgan Asset Management has also warned that the president-elect's <a target="_blank" href="https://www.businessinsider.com/stock-market-outlook-trump-president-economy-tariffs-trade-war-kelly-2024-11">aggressive tariff plans would also hurt growth</a> while fueling higher inflation. <a target="_blank" href="https://www.businessinsider.com/economy-outlook-tariffs-trump-trade-war-slowdown-jpmorgan-david-kelly-2024-10">A trade war is one of his top risks</a>, as he told BI last week that "a tariff for a tariff will make the whole world poor."The challenge for investors, in Scaramucci's view, is figuring out which Trump the US is getting. If the Republican offers a conventional economic agenda with minimal taxes and regulations, stocks may stay hot. Otherwise, the SkyBridge Capital founder says to look out below."People are not going to be ready for that," Scaramucci said of that latter outcome. "They will not be ready for that, and so the stock market will have gotten wrong the current movement."<h2 id="34ea0c6b-7a9a-4441-8f89-53baa72069a6">Though risks loom, investors should stay the course</h2>Despite his worries, Scaramucci doesn't think that a market crash is the most likely outcome."My guess is that the stock market aficionados, the stock market experts, are probably right," Scaramucci said.Trump's team — of which Scaramucci was a member seven years ago — will be a "guardrail" for the president-elect, including campaign co-chair and incoming chief of staff Susie Wiles, he said. His hope is that the incoming president will take a softer stance on deportation and tariffs.So while Scaramucci said doomsday is possible, the fact that it's not his base case means that he, too, isn't taking all of Trump's rhetoric literally. When pressed on this point, he agreed."Yeah, I think that's a fair assessment," Scaramucci said. "I just think that there's some danger here."Regardless of one's feelings on Trump, history says that it's far more risky to leave the market than to try and get out ahead of a crash that may never come.US stocks <a target="_blank" href="https://www.businessinsider.com/stock-market-outlook-history-yearend-rally-election-trump-harris-truist-2024-11">tend to finish the year on a high note</a>, no matter who's in office, and strategists at several major investment firms <a target="_blank" href="https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-targets-bull-market-goldman-ubs-bmo-2024-10">are calling for a continued rally in 2025</a>.

Anthony Scaramucci is worried about a stock-market crash not seen since the late 1920s if Trump follows through on some of his plans

<ul><li><keyword id="20850131" type="General" weightage="100" keywordseo="OnePlus-13" source="keywords">OnePlus 13</keyword> could come with magnetic charging</li><li>This could be similar to <keyword id="19894961" type="General" weightage="20" keywordseo="Apple" source="keywords" meta.keywordsubtype="org" meta.entityname="Apple" meta.hostid="261" meta.entityid="Apple">Apple</keyword>'s MagSafe feature in iPhones</li><li><keyword id="19900518" type="General" weightage="20" keywordseo="OnePlus" source="keywords" meta.keywordsubtype="org" meta.entityname="OnePlus" meta.hostid="261" meta.entityid="OnePlus">OnePlus</keyword> 13 is rumoured to launch in China this month</li></ul> We might be far away from the launch of OnePlus' next flagship, the OnePlus 13, but rumours about the phone are on in full swing. The upcoming smartphone is expected to bring some exciting changes not just in terms of hardware, but software as well. As per recent reports, OnePlus could come with a new feature borrowed from Apple’s playbook—MagSafe charging. Reports suggest that the<a href="https://www.businessinsider.in/tech/news/oneplus-pad-2-watch-2r-and-nord-buds-3-pro-launched-in-india/articleshow/111787959.cms" data-type="tilCustomLink" target="_blank"> OnePlu</a>s 13, which is due to launch later this month, could introduce a magnetic charging system similar to Apple’s MagSafe, which was first introduced with the iPhone 12 in 2020. But what is MagSafe and how exactly does it work? Let us break it all down for you. <h2>Magnetic charging for OnePlus 13 </h2> As per a CNBC report, a recent post by <a href="https://www.businessinsider.in/tech/mobile/webstories/oneplus-nord-4-vs-motorola-edge-50-pro-best-mid-range-phone-under-rs-35000/slidelist/111981979.cms" data-type="tilCustomLink" target="_blank">OnePlus</a> China president Louis Li Jie on Weibo says that the OnePlus 13 will feature support for magnetic accessories, hinting strongly at the inclusion of the <keyword id="22955018" type="General" weightage="20" keywordseo="Qi2" source="keywords">Qi2</keyword> <keyword id="20599545" type="General" weightage="20" keywordseo="wireless-charging" source="keywords">wireless charging</keyword> standard. Qi2, an updated version of the widely used Qi wireless charging, includes magnetic functionality, much like Apple’s MagSafe technology. If true, this means that OnePlus users could soon enjoy faster, more reliable wireless charging with a snap-on magnetic system. However, there’s a small catch. While Apple’s MagSafe technology works seamlessly with all iPhone models from the iPhone 12 onwards, it’s rumoured that OnePlus 13 may require special wood-grain cases to enable its magnetic charging features. This is based on machine-translated information from Li’s post, so the details aren’t entirely clear yet. It’s worth noting that <a href="https://www.businessinsider.in/tech/mobile/webstories/samsung-galaxy-z-fold-6-vs-oneplus-open-who-wins-the-foldable-race/slidelist/111651797.cms" data-type="tilCustomLink" target="_blank">OnePlus isn’t the only brand</a> in the BBK Electronics family exploring magnetic charging. A couple of days back, OPPO confirmed that its Find X8 series would support magnetic accessories. Given the close ties between the two brands, it wouldn’t be surprising if OnePlus adopts a similar approach for its upcoming flagship. <h2>What is MagSafe and how does it work</h2> MagSafe is Apple’s magnetic charging and accessory system, introduced with the iPhone 12 and used in subsequent models. It works through a series of magnets arranged around the phone’s internal charging coil. These magnets help MagSafe-compatible chargers and accessories snap seamlessly into place, ensuring proper alignment for faster wireless charging. With MagSafe, iPhones can charge at speeds of up to 15W, compared to 7.5W on standard wireless chargers. While magnetic charging has been around for Apple users for a few years, its potential arrival on Android flagships like the OnePlus 13 signals a shift in the wireless charging landscape. The magnetic snap-on system ensures that your device is always properly aligned with the charger, which can help prevent incomplete charges due to misalignment. Beyond faster charging, MagSafe creates a whole ecosystem of accessories, including magnetic wallets, car mounts, and battery packs that snap directly onto the back of the phone. This not only enhances usability but also opens up new ways for users to interact with their devices. <h2>OnePlus 13 rumours: All we know</h2> Aside from magnetic charging, the OnePlus 13 is expected to come with an impressive list of specifications. Rumours suggest the phone will feature a large 6.82-inch 2K display, powered by Qualcomm’s <keyword id="20801320" type="General" weightage="20" keywordseo="Snapdragon-8-Gen-4" source="keywords">Snapdragon 8 Gen 4</keyword> chip, offering up to 24GB of RAM and 512GB of internal storage. Camera enthusiasts will likely appreciate the three 50MP sensors, including a periscope lens for improved zoom capabilities. The OnePlus 13 is also tipped to come with a 6,000mAh battery, capable of 100W wired fast charging and potentially 50W wireless charging. The OnePlus 13 is expected to be officially launched in China later this month, with global availability likely following in early 2025.

OnePlus 13 could offer MagSafe charging like iPhone: What is MagSafe and how does it work

Filmmaker <keyword id="19943427" type="General" weightage="20" keywordseo="Aanand-L-Rai" source="keywords">Aanand L Rai</keyword> has revealed that he had approached superstar <keyword id="19901647" type="General" weightage="100" keywordseo="Salman-Khan" source="keywords">Salman Khan</keyword> for "<keyword id="20376276" type="General" weightage="20" keywordseo="Zero" source="keywords">Zero</keyword>" when the film was in the scripting stage but they both eventually got busy with other projects and the conversation didn't go further. Rai, known for films such as "<keyword id="20216018" type="General" weightage="20" keywordseo="Raanjhanaa" source="keywords">Raanjhanaa</keyword>" and "<keyword id="20905019" type="General" weightage="20" keywordseo="Tanu-Weds-Manu" source="keywords">Tanu Weds Manu</keyword>", started working on "Tanu Weds Manu Returns" while Salman got busy with another film. Salman's contemporary and superstar <keyword id="19895142" type="General" weightage="20" keywordseo="Shah-Rukh-Khan" source="keywords">Shah Rukh Khan</keyword> eventually starred in "Zero", which followed the story of a vertically challenged man. "I had met him (Salman), I was working on it (script). At that time I had not finished writing the story. This happened after 'Raanjhanaa'. I had met him just like that and I told him, 'Aisi ek duniya hai (describing the world of 'Zero') ek duniya describe ki thi', and he liked it. "Then I started working on 'Tanu Weds Manu Returns'. The story (of 'Zero') also changed but I couldn't go to him again. The day I have an opportunity, I'll go to him. I really want to work with Salman," the filmmaker told PTI in an interview on the green carpet of the <keyword id="22837524" type="General" weightage="20" keywordseo="IIFA-Awards-2024" source="keywords">IIFA Awards 2024</keyword> here. The director described Salman as a "great actor and sensitive person". "A sensitive person can switch easily between genres. So, it's up to us (filmmakers) now what kind of story I offer him," he said. Salman, however, featured in "Zero" in a cameo in the song "<keyword id="23371737" type="General" weightage="20" keywordseo="Issaqbaazi" source="keywords">Issaqbaazi</keyword>" in which he shook a leg with Shah Rukh, his co-star in films such as "Karan Arjun" and "Hum Tumhare Hain Sanam". The film also featured <keyword id="19909119" type="General" weightage="20" keywordseo="Anushka-Sharma" source="keywords">Anushka Sharma</keyword> and <keyword id="19913262" type="General" weightage="20" keywordseo="Katrina-Kaif" source="keywords">Katrina Kaif</keyword>.

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