Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<keyword id="2479020" type="PERSON" weightage="20" keywordseo="Fake-news">Fake news</keyword> and misinformation campaigns are as old as time, but they have never been as weaponized as they are now. This is in large part due to the improved connectivity and widespread use of social media. As such, differentiating between fake news and real news has become a nightmare. The fake news problem is amplified further when it reaches the first page of Google search. While Google has been consciously fighting fake news by tagging articles that contain false information, the problem is so bad these articles often land on the first page of Google search. So, how can you fight this? How can you <keyword id="1972892" type="PERSON" weightage="20" keywordseo="Fact-Check">fact check</keyword> fake news? Most of us might not always have the time or energy to fact check everything we read on the internet, especially when it involves reading multiple articles and identifying false information manually. As such, having a tool to check fake news becomes a necessity. The best part about fact checking <keyword id="8856906" type="UNKNOWN" weightage="20" keywordseo="fake-news-on-google">fake news on Google</keyword> is that the claims and results are easily visible. All you have to do is simply enter the search term and Google will tell you whether it is fake news or not. This saves a lot of time and effort that you would have spent by manually checking and verifying from various articles. So, without wasting any more time, let’s find out how to fight fake news using Google. How to fact check fake news on Google There are multiple ways in which you can quickly check fake news on Google. The easiest method is by simply typing “fact check search term” in the Google Search box. The search results then show all the relevant fact check articles on your topic. To make it quick and easy to identify if a news item is fake or not, the search results contain the following: <ul><li>The claim made </li><li>The source of the claim </li><li>The fact check result </li><li>The name of the fact checker</li></ul><div type="image" title="Fact check Delhi violence" msid="74441174" hostid="261"></div>

 Using the Google Fact Check Tool Apart from showing fact check results in Google Search, Google has launched a dedicated tool to identify fake news. Launch the <a href="https://toolbox.google.com/factcheck/explorer">Google Fact Check Tool here</a>. Now, enter your search term. In this example, we search for “Delhi violence”. The tool then shows results with the fake claims and result of the fact check. <div type="image" title="Fact check tool Delhi violence" msid="74441046" hostid="261"></div>

 If you don’t know what to search for, you can also click on the “Recent fact checks” link to view the latest stories that were fact checked. <div type="image" title="Google Fact check tool recent" msid="74441059" hostid="261"></div>

 Google sources fact checks from reputed sources like Alt News, Boom and more. Reverse image search Another way to fact check fake news is by doing a reverse image search on Google or Bing. To do this, open the article and locate the image you want to check. Now, right click on the image and click on “Search Google for image”. <div type="image" title="Fact check reverse image search right click" msid="74441107" hostid="261"></div>

 It is worth noting that this method might not always prove to be as useful as the first two. If the image is being used for an unrelated news story, that story will also show up in the results. <div type="image" title="Fact check reverse image search" msid="74441122" hostid="261"></div>

 In our tests, we were able to find the fact checking story, but other news stories showed up before the fact check story. See also: <a href="https://www.businessinsider.in/tech/news/google-facebook-twitter-and-other-social-media-companies-to-join-hands-to-curb-fake-news-in-india/articleshow/74204896.cms">Google, Facebook, Twitter and other social media companies to join hands to curb fake news in India</a> <a href="https://www.businessinsider.in/facebook-is-the-most-popular-social-network-for-governments-spreading-fake-news-and-propaganda/articleshow/71335826.cms">Facebook is the most popular social network for governments spreading fake news and propaganda</a>

How to fact check fake news on Google

WhatsApp is one of the most popular messaging platforms out there and has over 2 billion monthly active users. While it is helpful in staying connected with friends and family, it is also being used to spread fake news and rumors. In 2018, 29 people were killed in India by mobs after fake messages about alleged child-lifting gangs were shared on WhatsApp. Apart from these, political rumors and fake news aimed at inciting religious violence is quite common. Fake news about <keyword id="4930213" type="PERSON" weightage="20" keywordseo="Delhi-Violence">Delhi violence</keyword> After the Delhi violence, there have been reports about fake news being spread on WhatsApp. Special Cell of the Delhi Police took to <a href="https://twitter.com/CellDelhi/status/1234160319527821312">Twitter</a> to warn users about the fake news being spread on social media platforms. How to identify fake news on WhatsApp Images and videos When you receive an image or a video that mentions a particular incident, use Google to check if there has been any such incident. Most of the fake news is spread using edited photos and videos. Look for the ‘Forwarded’ tag WhatsApp has started adding a ‘Forwarded’ tag to messages that forwarded from one user to another user more than five times. While you cannot see the number of times the message has been forwarded, you can see a double arrow icon above the message. <div type="image" title="Whatsapp Forward Message" msid="74452004" hostid="261"></div>

 Do note that the ‘Forwarded’ tag does not necessarily mean that the message is false. This tag is added to all messages that are shared multiple times. If you suspect that a message you have received is spreading fake news, you can use a fact checking service to check whether the news is correct or not. Here are two Fact Checking services that allow you to share the message on WhatsApp for verification. <ul><li>Boom - +91 7700906588 </li><li>India Today - +91 7370007000 </li></ul>How to fact check fake news on WhatsApp You can save the above numbers to your contacts and message them on WhatsApp the fake message for fact checking. <div type="image" title="WhatsApp Fact Check India Today" msid="74452018" hostid="261"></div>

 <ul><li>Send the message, image or video that you suspect is spreading fake news. </li><li>Your request will be sent to the ‘Fact Check Team’. </li><li>After some time, you will get the result. </li><li>The report will show whether the message you have shared is true or false. </li><li>You can also click on the given link to check what the truth is. </li></ul>See also: <a href="https://www.businessinsider.in/tech/how-to/fake-news-fake-news-on-google-fact-check-fake-rumours-fake-account/articleshow/74440890.cms">How to fact check fake news on Google</a> <a href="https://www.businessinsider.in/google-facebook-twitter-and-other-social-media-companies-to-join-hands-to-curb-fake-news-in-india/articleshow/74204896.cms">Google, Facebook, Twitter and other social media companies to join hands to curb fake news in India</a> <a href="https://www.businessinsider.in/facebook-is-the-most-popular-social-network-for-governments-spreading-fake-news-and-propaganda/articleshow/71335826.cms">Facebook is the most popular social network for governments spreading fake news and propaganda</a>

How to fact check fake news on WhatsApp

<keyword id="41568" type="LOCATION" weightage="20" keywordseo="Srinagar">Srinagar</keyword>, While the entire administration, including the security forces are fighting the oronavirus pandemic in <keyword id="6354495" type="LOCATION" weightage="20" keywordseo="kashmir">Kashmir</keyword>, anti-social elements continue to indulge in spreading <keyword id="25653" type="PERSON" weightage="20" keywordseo="rumour">rumour</keyword> and fake news. "Doing such mischief would not help the society since the main objective of rumour mongering is to create a law and order situation by stoking passions. Such anti-social activities only compound the problems of the common man. "We believe the main purpose of the rumour mongers is to distract the attention of the security forces from doing anti-pandemic duties. "It is not difficult to understand that rumour mongering in times like this is not only a penal offence, but a crime against the society at large", said a top intelligence officer. Rumour has always moved ahead of the genuine news in this landlocked Valley where people in days bygone believed that the world ends at the Pir Panjal mountains. The latest addition to this by the incorrigible rumour spreaders is that the Supreme Court has advised the government to restore 4G <keyword id="6357247" type="COMPANY" weightage="20" keywordseo="Internet">Internet</keyword> in J&amp;K within 24 hours. A fake document circulated through social media websites reads almost like a genuine order issued by the registry of the apex court. The profiles of the petitions, respondents and the officials of the court have been copied and instead of the actual direction of the court that issued notice to the respondents, the fake order speaks of 4G restoration within 24 hours. The cyber cell of local police has registered a case in this incident and senior officials told IANS that the IP identities, etc. of the rumour mongers have been traced. "Arrests would soon be made to book the culprits who are disregarding the hard times the country is presently going through", a senior police officer said. Even earlier to Thursday's fake order, <keyword id="63998" type="PERSON" weightage="20" keywordseo="Fraudsters">fraudsters</keyword> had <keyword id="108404" type="COMPANY" weightage="20" keywordseo="thrice">thrice</keyword> circulated fake orders those attributed restoration of 4G Internet to an order purportedly issued by the UT's home department. Authorities had to deny repeatedly that such orders ever existed. SEE ALSO:<a href="https://www.businessinsider.in/topic/coronavirus">Coronavirus News and Updates</a> <a href="https://www.businessinsider.in/india/news/how-to-check-coronavirus-symptoms-at-home/articleshow/74960334.cms">What are the Coronavirus symptoms and how to check for them at home</a>

Kashmir forces are fighting against fake news in times of pandemic

<ul><li>WhatsApp launched its second education campaign “Share Joy, Not Rumours” — to educate users to not misuse the platform </li><li>Social media platforms — WhatsApp, Facebook — in sync with the Internet Mobile Association of India has put out a ‘Voluntary Code of Ethics’ dedicated to the upcoming elections. </li><li>The 87,000 groups for political messaging can reach over 22 million people, engaging a much bigger audience.</li></ul>As India heads into its 17th Lok Sabha elections, starting 11 April, social media platform WhatsApp has redoubled its efforts to curb fake news problem in the country. On Monday, the messaging platform launched another education campaign — “Share Joy, Not Rumours” — to educate users to not misuse the platform with elections just a month away. While the previous <a href="https://www.businessinsider.in/whatsapp-has-a-new-radio-campaign-to-counter-fake-news-in-india/articleshow/65606213.cms">campaigns by WhatsApp focused on educating</a> the general public through media, TV, radio advertisements, this campaign has been aimed to instruct people on the inbuilt controls that the application provides, so as to put a halt to spreading of misleading information, said the company. The move is to ensure safe election process. WhatsApp has become one of the most dominant social media platforms in India to spread political messaging. According to media reports, WhatsApp in India has over 87,000 groups dedicated to political messaging to influence voters. While its user base on the messaging platform was reportedly 200 million as of two years ago. Social media has become an integral part of election campaigning. With the Indian government recently introducing policies and regulations to curb fake news via social media platforms including WhatsApp and Facebook, the platforms along with the Internet Mobile Association of India have put out a ‘<a href="https://www.businessinsider.in/general-elections-2019-code-of-ethics-for-social-media-platforms/articleshow/68502882.cms">Voluntary Code of Ethics’</a> dedicated to the upcoming elections. WhatsApp, including other social media firms, will now have to process any request from the Election Commission to take down content within three hours during the 48-hour period before voting days. WhatsApp is estimated to reach a smartphone user base of 430 million, according to Counterpoint Research. "Over 87,000 groups aiming to influence the voters are currently active on WhatsApp. From fake statistics related to various government policies to news promoting regional violence, manipulated political news, government scams, historical myths, propaganda to patriotism and Hindu nationalism — WhatsApp has it all in the election season," social media expert Anoop Mishra reportedly said. Each WhatsApp Group can potentially have 256 users. This implies that the 87,000 groups can reach over <a href="https://www.livemint.com/technology/tech-news/the-great-indian-elections-87-000-groups-on-whatsapp-targeting-voters-1553420018380.html">22 million people</a>, engaging a much bigger audience in their mission to influence voters, he added. With IANS See also: <a href="https://www.businessinsider.in/general-elections-2019-code-of-ethics-for-social-media-platforms/articleshow/68502882.cms">Social media platforms present India's Election Commission with 'Voluntary Code of Ethics for the General Elections 2019'</a> <a href="https://www.businessinsider.in/features-of-code-of-ethics-general-elections-2019/articleshow/68503615.cms">Here are the 'commitments' that online platforms are making to the Indian government before the general elections</a> <a href="https://www.businessinsider.in/general-elections-2019-election-commission-to-closely-monitor-social-media-regulate-all-political-ads/articleshow/68351473.cms">General Elections 2019: Election Commission to 'closely monitor' social media, regulate all political ads</a>

WhatsApp launches second campaign to fight fake news ahead of India’s elections

<ul><li>On Tuesday, <keyword id="3658" type="COUNTRY" weightage="20" keywordseo="India">India</keyword> wrote to <keyword id="790242" type="COMPANY" weightage="20" keywordseo="WhatsApp">Whatsapp</keyword> about preventing the circulation of 'irresponsible and explosive messages'. </li><li>This came as a response to the mob lynchings that were provoked across the country due to <keyword id="6372269" type="UNKNOWN" weightage="20" keywordseo="rumours">rumours</keyword> circulated through the messenger. </li><li>WhatsApp replied to the Indian government on Wednesday saying that it was 'horrified by the violence' and offered suitable measures to battle the rumours.</li></ul> On Tuesday, the Indian government <a href="https://timesofindia.indiatimes.com/india/as-lynchings-rise-govt-tells-whatsapp-to-curb-rumours/articleshow/64847773.cms">firmly warned</a> WhatsApp that it must prevent the circulation of '<a href="https://indianexpress.com/article/india/amid-series-of-lynchings-govt-asks-whatsapp-to-curb-spread-of-irresponsible-messages-5244449/">irresponsible and explosive messages</a>' through its medium. The warning was given after the messenger was used to spread rumours regarding a fake video on childlifting that was being circulated across the country. Several innocent people, suspected to be child lifters, have been lynched by mobs provoked by these false rumours. At least <a href="https://economictimes.indiatimes.com/news/politics-and-nation/government-tells-whatsapp-to-use-tech-to-curb-rumours/articleshow/64849287.cms">31 </a>such 'unfortunate killings' have occured in one year across 10 Indian states including Assam, Maharashtra, Karnataka, Tripura and West Bengal. Even though the culprit who spread the fake video or the rumour hasn’t been found, the government believes that it is as important for WhatsApp to take remedial measures against provocative content on its platform, in the meanwhile. The Ministry of Electronics and IT (MEITY) also said that WhatsApp can not 'evade accountability and responsibility' for the violence that occurs due to the misuse of 'good technological inventions'. The warning came to WhatsApp on a day when it was distributing a competitive set of global awards to researchers interested in exploring similar safety issues posed by rumours spread on the messenger. WhatsApp replied to the Indian government on Wednesday saying that it was 'horrified by the violence'. The company further added that it has been has been 'designed with security in mind' and is taking suitable measures to battle <keyword id="2479020" type="PERSON" weightage="20" keywordseo="Fake-news">fake news</keyword> and hoaxes better and that it believes that some of the new group features added to the App 'will address some of the specific issues' that the government raised”. For example, the messenger now gives group administrators the power to control who gets to send messages within groups, thereby giving them the power to reduce hoax messages. The mail from WhatsApp had <a href="https://indianexpress.com/article/technology/social/whatsapp-spread-of-misinformation-measures-taken-5245224/">three headers</a> which listed the measures it has or will take to control the spread of rumours on the platform. They were: <ul><li>Digital Literacy and Fact-Checking</li><li>Proactive Action to Tackle Abuse</li><li>Product Controls</li></ul>WhatsApp also informed the government that it is planning to launch a new label in India to give information about whether a message has been forwarded or composed (written in the original) by the sender. This could help check the credibility and accountability of the information that is freely circulated on the platform. The letter also mentioned that a new project has been announced with leading academic experts in India to learn more about the spread of misinformation and how it can be tackled.

WhatsApp 'horrified' by mob lynches in India, will address 'specific issues'

<ul><li>Researchers at The <keyword id="55119" type="ORGANIZATION" weightage="20" keywordseo="Indian-Institute-of-Technology">Indian Institute of Technology</keyword> (IIT) Kharagpur along with the Centre for Urban Science &amp; Engineering at IIT-Bombay have developed an algorithm that will use <keyword id="107950" type="TECHNOLOGY" weightage="20" keywordseo="artificial-intelligence">artificial intelligence</keyword> to filter the critical information on social media platforms during natural disasters including whatsapp, Facebook and Twitter. </li><li>The solution is said to identify the rumours by mapping information sourced by the authorities, which will also help identify the users spreading misinformation. </li><li>The algorithm was first tested on pilots over Twitter and WhatsApp at the time of Nepal earthquake in 2015 and Chennai floods in 2016.</li><li>It is found that majority of tweets are a sympathetic content while only 2% is actually relevant. </li></ul><keyword id="2479020" type="PERSON" weightage="20" keywordseo="Fake-news">Fake news</keyword> via social media platforms has been a hotly debated topic for quite sometime now. Researchers at the Indian Institute of Technology (IIT) Kharagpur along with Centre for Urban Science &amp; Engineering at IIT Bombay have developed an algorithm that will use artificial intelligence to filter the critical information during natural disasters on social media platforms including whatsapp, Facebook and Twitter, ET<a href="https://economictimes.indiatimes.com/tech/software/iit-kharagpur-develops-tech-to-filter-fake-news-about-disasters/articleshow/66699717.cms"> reported</a>. The algorithm can sort the social media posts and ensure that the data shared over the platforms is reliable and capable of being shared for relief operations. It is found that majority of tweets are a sympathetic content while only 2% is actually relevant. With the help of this tool, the control room team will be able to fetch live updates about the resources needed and their availability. In addition, the rescue teams can be informed via phones. Saptarshi Ghosh, who heads the tech team<a href="https://thesocialrush.com/a-new-tech-to-filter-fake-news-about-disasters-by-iit-kharagpur/"> reportedly</a> said that the algorithm, with the use of <keyword id="294572" type="TECHNOLOGY" weightage="20" keywordseo="machine-learning">machine learning</keyword> algorithm, can detect fake news and is able to alert the users during natural calamities. It is said to identify the rumours by mapping information sourced by the authorities, which will also help identify the users spreading misinformation. However, the algorithm is limited to identifying disaster-related fake news only. It is able to provide upto 90% accuracy distinguishing real news and misinformation, Ghosh said. If the proposal is passed, the team is expected to further collaborate with Microsoft Research and Qatar Computing Research Institute (QCRI) to develop the system. Here’s what will happen when you tweet: When you tweet an update on those affected by an earthquake in English or Hindi, the algo is said to identify the empathetic posts and send only the relevant information to the nearby rescue teams. The algo was first tested on pilots over Twitter and WhatsApp at the time of Nepal earthquake in 2015 and Chennai floods in 2016. The project was jointly funded by IIT Kharagpur’s Institute Scheme for Innovative Research and Development grant, Microsoft Research India and ITRA, Media Labs Asia and Department of Electronics and Information Technology. SEE ALSO: <a href="https://www.businessinsider.in/hyper-nationalism-behind-indias-fake-news-menace-report/articleshow/66591404.cms">Hyper-nationalism behind India’s fake news menace: Report</a> <a href="https://www.businessinsider.in/WhatsApp-is-dramatically-cutting-message-forwarding-after-viral-fake-news-led-to-lynchings/articleshow/65067967.cms">WhatsApp is dramatically cutting message forwarding after viral fake news led to lynchings</a>

Researchers at India’s top engineering college have built an algorithm to filter fake social media rumours during national disasters

Top <keyword id="128682" type="COMPANY" weightage="20" keywordseo="Netflix">Netflix</keyword> executive Srishti Behl Arya rubbished reports of the streaming service meeting the representatives of the <keyword id="71427" type="COMPANY" weightage="20" keywordseo="Rashtriya-Swayamsevak-Sangh">Rashtriya Swayamsevak Sangh</keyword> (RSS) to restrict "anti national" and "anti-Hindu" content on shows from the streaming platform. There were reports that the RSS, the ideological fountainhead of the ruling BJP, have been holding informal meetings with Netflix, Amazon and other digital platforms to monitor content critical of the government. Asked about the same, Arya, who is director - International Original Film, India, Netflix, dubbed the story "fake news". "It's not a true story. There was no meeting at all. It's a fake news," she told reporters on Sunday evening. Arya was speaking at the panel discussion "Artistic Freedom: Mapping Out The Entertainment Story" at the Jio MAMI 21st Mumbai Film Festival with Star. Aparna Purohit, head of India Originals of Amazon Prime, singer <keyword id="36091" type="PERSON" weightage="20" keywordseo="Sona-Mohapatra">Sona Mohapatra</keyword> and actor <keyword id="1472549" type="PERSON" weightage="20" keywordseo="Sobhita-Dhulipala">Sobhita Dhulipala</keyword> were also a part of the panel. There were also reports that the government is keen on censoring digital content. Asked if the scenario was scary, Purohit said, "We will continue to comply with the law of the land." Srishti said unlike storytelling, the law of the land is not subjective. "The law is the law. It's not like, 'I don't like you, so I'm going to stab you.' Whatever is permitted by the law, we would go into those spaces and the rest is all about the stories that creators want to tell." Sobhita, who featured in Amazon's critically-acclaimed series "Made in Heaven", said every time a voice is suppressed, many more come out in the open against the injustice. "The more variety of stories there will be addressing it in different ways. Back in the days in those typical Indian films people didn't show men and women in their intimate moments, so it would come out in songs or some cheesy moments because they couldn't address it in a normal way. "Maybe political statements will be made but in a subtler, simpler, maybe more clever ways, that's not conventionally offensive. Anurag Kashyap's work has such political undertones but it's not really in your face, it leaves people thinking," she added. JUR RDS BK RDS RDS

Fake News: Netflix top executive rubbishes rumours of meeting RSS over anti-national content

Mumbai, Apr 30 () Rubbishing reports of hospitalisation, veteran actor <keyword id="6354338" type="PERSON" weightage="20" keywordseo="naseeruddin-shah">Naseeruddin Shah</keyword> on Thursday said he was "fine" and at home observing the nationwide lockdown.Shah, 69, in a Facebook post, thanked people for their concern and reassured them about his health. "I thank all those enquiring after my health and reassure them I am fine," he said. "I'm at home and observing the lockdown. Please don't believe any rumours," he added. "A Wednesday" actor's younger son Vivaan Shah also dismissed rumours about his father's health. "He's alright. These are just rumours," Vivaan told . Reports about Shah's health started surfacing on social media as the industry was coming to terms with the deaths of Irrfan Khan and Rishi Kapoor. Rishi Kapoor, aged 67, died on Thursday in a hospital here after a two year-long battle with lukaemia, while Irrfan, 54, passed away on Wednesday due to neuroendocrine tumour, a rare form of cancer.

Fake news on Naseeruddin Shah's hospitalisation

Stepping up his attack against parliamentary panel on information technology chairman <keyword id="42749" type="PERSON" weightage="20" keywordseo="Shashi-Tharoor">Shashi Tharoor</keyword>, BJP MP and a member of the panel <keyword id="294500" type="PERSON" weightage="20" keywordseo="Nishikant-Dubey">Nishikant Dubey</keyword> on Thursday wrote a letter to the Lok Sabha Speaker requesting him to remove the Congress leader from the post. <div type="Article" hostid="261" msid="77575358" title="The heat is on Mark Zuckerberg in India as Facebook and WhatsApp incur the ire of Modi's rivals" mstype="2" mssubtype="0"></div> Citing the Lok Sabha rules, Dubey requested Speaker Om Birla to appoint any other member as the chairman of the committee in his place. Taking a dig at Tharoor, Dubey alleged,"speaking in 'Spencerian' English with a foreign accent does not give freedom to an individual to not only disregard our glorious parliamentary institutions/organs to meet his own political ambitions but also to abuse our constitution." Ever since Tharoor has become the panel head, "he is running the affairs of the committee in a thoroughly unprofessional manner and to serve his political agenda of spreading rumours and defaming my party," Dubey said in the letter. "..it would be highly improper for Dr. Shashi Tharoor to continue and regulate the proceedings of the committee. I, therefore, appeal to your good self to persuade Dr. Tharoor to proceed on leave and thereafter,... choose another member of the Committee to act as Chairperson," Dubey said in the letter. Dubey and Tharoor have filed breach of privilege notices against each other on Wednesday after a spat on social media over the Congress leader's remarks on summmoning the <keyword id="736869" type="COMPANY" weightage="20" keywordseo="Facebook-India">Facebook India</keyword> executives over reports that the social media giant went soft on some BJP leaders who had made hate speeches ahead of the general elections last year. While Dubey said Tharoor was treating the committee as an extension of Congress party, the Congress leader had alleged that the BJP MP made "disparaging remarks" on social media over his decision to summon a panel meeting to discuss the alleged "misconduct" of Facebook. SEE ALSO: <a href="https://www.businessinsider.in/tech/apps/news/the-heat-is-on-mark-zuckerberg-in-india-as-facebook-and-whatsapp-incur-the-ire-of-modis-rivals/articleshow/77575358.cms">The heat is on Mark Zuckerberg in India as Facebook and WhatsApp incur the ire of Modi's rivals</a> <a href="https://www.businessinsider.in/careers/news/facebook-is-hiring-senior-execs-for-its-digital-wallet-novi-and-its-partnership-with-jio/articleshow/77606649.cms">Facebook is hiring senior execs for its digital wallet Novi and its partnership with Jio</a> <a href="https://www.businessinsider.in/tech/enterprise/news/more-than-half-the-companies-in-india-have-faced-at-least-one-data-breach-since-going-remote/articleshow/77653222.cms">More than half the companies in India have faced at least one data breach since going remote</a>

Facebook row escalates as BJP leader asks for Shashi Tharoor's removal from Parliamentary Panel

<ul><li>A top public sector bank was asked to return all ₹2,000 notes in its possession to currency chests on Friday.</li><li>Third-party ATM service providers have been instructed to replace ₹2000 note cassettes in ATMs with cassettes for the new ₹100 note at multiple banks, including those in the private sector.</li><li>Sources told Business Insider that the move is unlikely to have anything to do with fake notes because branches have their own machines to authenticate currency.</li></ul>At least one top public sector bank has recalled all its ₹2,000 notes on an "emergency" basis from multiple branches on Friday, according to sources. Even branches who were holding on to only four such notes were told to return them to currency chests — where banknotes are stored on behalf of the <keyword id="6354335" type="ORGANIZATION" weightage="20" keywordseo="reserve-bank-of-india">Reserve Bank of India</keyword> (RBI). The directive came after employees at the bank were issued instructions from the central office to <a href="https://www.businessinsider.in/finance/news/exclusive-a-top-public-sector-bank-told-employees-to-restrict-the-circulation-of-2000-notes/articleshow/74004756.cms?src=hp_trend">no longer re-load ₹2,000 notes into ATMs</a> or dispense them to people making withdrawals. Customers, however, need not panic as the banks are still accepting ₹2,000 notes from individuals making a deposit. And, they are still legal tender. 
 
 <div type="Article" hostid="261" msid="74004756" title="A top public sector bank told employees to restrict the circulation of ₹2,000 notes" mstype="2" mssubtype="0"></div>





 New ₹100 notes for ₹2000 Sources at the bank — whose identity we confirmed, requested anonymity because they were not authorised to speak publicly — told Business Insider India that third-party ATM service providers were given instructions to replace the ₹2000 note cassette in ATMs with cassette for new ₹100 notes for multiple banks, including those in the private sector. 
 
 
 
 <div type="image" title="ATM_edited" msid="74061192" hostid="261" caption="&amp;lt;p&amp;gt;Queue outside an SBI ATM to withdraw cash&amp;lt;/p&amp;gt;"></div>









 These instructions carried out at by bank branches. But, our sources confirmed that such instructions — to change how an ATM will dispense cash — cannot be issued at a branch level and had to have come from higher up. The RBI is yet to respond to Business Insider's queries on the same. From tackling the issue of <keyword id="6359321" type="UNKNOWN" weightage="20" keywordseo="fake-currency">fake currency</keyword> to banning the ₹2,000 altogether, there are many reasons behind why the government might be clamping down India's highest denomination. It's not about fake currency When the ₹2,000 note was first introduced into the economy after the massive demonetisation exercise in 2016, the RBI assured citizens that the note was as secure as it can be. 
 
 
 
 <div type="image" title="atm4_edited" msid="74061206" hostid="261" caption="&amp;lt;p&amp;gt;People standing in queues inside banks to withdraw cash after demonetisation was announced&amp;lt;/p&amp;gt;"></div>









 However, the incidence of fake ₹2000 notes being seized has been on a rise. In 2017, 53.5% of the value of fake currency seized by law enforcement agencies was made up of ₹2000 notes, according to data collected by the National Crime Records Bureau (NCRB). By 2018, it further escalated to comprise of 61.1% value share in seized fake currency. 
 
 
 
 
 <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[
<div class="flourish-embed" data-src="visualisation/1367182"></div>
]]></cdata></div>









 As recently as Sunday, a passenger travelling in from Dubai was arrested in Mumbai at the international airport for being in possession of ‘high quality' fake currency notes worth nearly ₹24 lakh. Nearly 99% of the notes of the value — ₹23.86 lakh — was made up of 1,193 ₹2000 denomination notes. 
	
 
 
 
 <div type="image" title="atm3_edited" msid="74061232" hostid="261" caption="&amp;lt;p&amp;gt;Hoarded cash seized by Investigation Wing in Karnataka&amp;lt;/p&amp;gt;"></div>









 However, sources tell Business Insider that it is unlikely that the RBI would recall ₹2000 notes over a fake currency issue. "They wouldn't have taken such a big step and would have put the responsibility on the branch," they said. Bank branches are equipped with fake currency detection machines to detect fraudulent notes. If the central office or the RBI suspects an outbreak, each branch is asked to cross-check all the currency in their possession and issue a verification certificate — attested by the branch in-charge — that all the currency in their possession is real. Simmer down circulation so that a ₹2000 note ban isn't disruptive At the time of demonetisation, the ₹2000 note was an easy way to infuse a large amount of cash into the system as the government raced to stay ahead of the economy. However, with smaller denominations returning to the system — its role became less significant. 
	
 
 
 
 <div type="image" title="ATM2_edited" msid="74061240" hostid="261" caption="&amp;lt;p&amp;gt;Account holders received new &amp;#8377;2000 notes after demonetisation&amp;lt;/p&amp;gt;"></div>









 In October last year, the RBI said that it had stopped the production of ₹2000 notes in response to a right to information (RTI) enquiry. In November 2019, former finance secretary, <a href="https://www.bloombergquint.com/politics/demonetisation-anniversary-rs-2000-notes-being-hoarded-should-be-demonetised-subhash-chandra-garg">Subhash Chandra Garg</a> said, "A good chunk of ₹2,000 notes are actually not in circulation, having been hoarded. ₹2000 note, therefore, is not presently working as a currency of the transaction. It can be demonetised, without causing any disruption." Higher denominations, like a quick fix, come with their own set of problems. Analysts have repeatedly pointed out that high-value notes are a desirable store of value for criminals. In fact, they work against the very purpose of demonetisation — to wipe out black money, money laundering, tax evasion and terror funding. 
 
 
 
 
 <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[
<div class="flourish-embed" data-src="visualisation/1367196"></div>
]]></cdata></div>









 Despite these issues, in December, the Minister of Finance <a href="https://www.livemint.com/politics/policy/no-proposal-to-stop-circulation-of-rs-2-000-currency-notes-government-11575375669359.html">Anurag Singh Thakur</a> told the Rajya Sabha — higher house of Parliament — that the government had no plans to stop the circulation of the ₹2000 note. This was after many rumours were rife about a possible ban on it. Sources told Business Insider that restricting the supply for ₹2,000 notes could be RBI's way of restricting the note's circulation, so that if the note is eventually demonetised — it will not cause a big disruption. More so, it could be a precursor of sorts. See also: <a href="https://www.businessinsider.in/finance/news/exclusive-a-top-public-sector-bank-told-employees-to-restrict-the-circulation-of-2000-notes/articleshow/74004756.cms">A top public sector bank told employees to restrict the circulation of ₹2,000 notes</a> <a href="https://www.businessinsider.in/highlights-of-rbi-governor-shaktikanta-das-speech/articleshow/73977878.cms">'Don't discount the RBI' ⁠— that and other top highlights of RBI governor Shaktikanta Das speech</a>

You Searched For "fake rumours" and got 10 results

How to fact check fake news on Google

Rounak Jain

How to fact check fake news on WhatsApp

Rounak Jain

Kashmir forces are fighting against fake news in times of pandemic

IANS

WhatsApp launches second campaign to fight fake news ahead of India’s elections

BI India Bureau

WhatsApp 'horrified' by mob lynches in India, will address 'specific issues'

BI India Bureau

Researchers at India’s top engineering college have built an algorithm to filter fake social media rumours during national disasters

BI India Bureau

Fake News: Netflix top executive rubbishes rumours of meeting RSS over anti-national content

PTI

Fake news on Naseeruddin Shah's hospitalisation

PTI

Facebook row escalates as BJP leader asks for Shashi Tharoor's removal from Parliamentary Panel

PTI

Exclusive: Bankers reveal why RBI is quietly rolling back the ₹2000 notes

Prabhjote Gill

Popular Keywords

Buying Guides