Wed, Sep 06, 2023
The Securities and Exchange Board of India (SEBI) has taken action against several unregulated financial influencers, including a former math teacher who was banned from buying or selling securities for one year. But is this enough to curb the spread of unregulated financial advice?
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Fri, Aug 11, 2023
Influencer: Now health and fitness influencers will not be able to give their arbitrary knowledge on social media because the government has made preparations to rein it in. For these, a new guideline has been issued by the government.
Thu, Aug 10, 2023
Celebrities, influencers and virtual influencers presenting themselves as health experts or medical practitioners, when sharing information, promoting products or services or making any health-related claims, must provide clear disclaimers, ensuring the audience understands that their endorsements should not be seen as a substitute for professional medical advice, diagnosis or treatment.
Mon, Apr 24, 2023
There are a lot of financial influencers on social media who give investment advice even if they are not qualified. Most of Ponzi apps are such apps in which fake offers are given to earn more by investing less money. In the wake of rising fraud in Ponzi apps, Union Minister Nirmala Sitharaman said the finance ministry is working with MeitY and RBI to clamp down on Ponzi apps to prevent them from taking away hard-earned money of gullible investors.
Mon, Apr 10, 2023
In social media, from big influencers to creatives with less followers, are giving tips and advice related to skin, nutrition, diabetes, high blood pressure, health tips and advice like they're Oxford-educated doctors. The government is keeping a close watch on social media influencers promoting health and wellness. The Consumers Ministry will soon issue guidelines on health and wellness promoters. According to new guidelines, now social media influencers will have to disclose their qualifications before giving tips, how significant is it? Watch this special discussion with Deepak Dobhal on India 360.
Thu, Feb 16, 2023
According to a latest report by The Advertising Standards Council of India (ASCI) around influencer trust, 91 per cent of people trust advertising in general, and 79 per cent of respondents trust social media influencers. Watch this special report on India 360.
Fri, Jan 20, 2023
Consumer Affairs Ministry released endorsement guidelines for social media influencers. The government has issued guidelines regarding social media advertisements and different types of endorsements. A fine of Rs 10 lakh will be slapped on the offenders, which can go up to Rs 50 lakh for repeated offenders. Watch this special report of Aapki Khabar Aapka Fayda.
Fri, Dec 23, 2022
The government is preparing to bring new guidelines to curb fake influencers. The rules for brand deals will be stricter for influencers. Violation of rules will attract a fine of 50 lakhs. The government will issue guidelines on 24 December. What will happen in this guideline and why is it needed? Watch this special report on India 360.
Thu, Nov 17, 2022
Social media has become the biggest medium to communicate with people and convey their message. In such a situation, these days many financial influencers work to give financial advice to people through social media. Many times investors lose their earnings by falling prey to these suggestions. But now the Securities Exchange Board of India (SEBI), the regulator of the stock market, is preparing to make guidelines to monitor them in view of the growing base of financial influencers.
Thu, Sep 08, 2022
The government will soon issue guidelines for social media influencers. As per the proposed guidelines, if social media influencers endorse any brand after taking money, they will have to declare their association with that brand. If any social media influencer violates the rules, then a fined between Rs 10 lakh to 50 lakh will be imposed. Social media influencers will need to put disclaimers in such endorsement posts. The guidelines might come within the next 15 days. Watch this special report of Aapki Khabar Aapka Fayda.
Wed, Jul 27, 2022
Influencer Ankur Warikoo gave fake investment advice. Ankur Warikoo has 2 million followers on YouTube. At the same time, Influencer Akshat Shrivastava is accused of giving fake investment advice in exchange for money. Influencer had recommended investors to invest in Vault. Recently, Singapore-based crypto-trading platform Vauld has suspended all deposits and withdrawals. Recently, In this way, investors have lost all their earnings believing these influencers. How will the accountability of influencers be decided? Watch this special report of Aapki Khabar Aapka Fayda.
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