How To NOT Be Scammed In 2025
Hello!
How are you doing? Let me cut to the chase and ask you right away:
What I was up to: This week was super hectic, with the last few episodes of our podcast, Happy Hour with FinCocktail doing quite well, the pressure’s been on for us to keep the momentum going with super high-value episodes, and bringing in unique guests. So, if I wasn’t at work, I was still ruminating and making lil notes whenever an idea popped up. If you have any suggestions for guests or topics you want us to take up, DM us on Instagram, pleaaaaaase!!
In the meantime, take a look at our last episodes with the newly minted judges of Shark Tank Season 4 because, well, they are value-machines for anyone who wants to start a business!
If you’re an aspiring entrepreneur, someone who’s faced setbacks, or just love a good comeback story, here’s Viraj Bahl’s episode for you:
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Market ka haal: Indian equity indices ended higher for the second straight session on January 29, with Nifty closing above 23,150 📈. At market close, the Sensex surged 631.55 points (0.83%) to 76,532.96, while the Nifty climbed 205.85 points (0.90%) to 23,163.10. The market has shown strong resilience ahead of the Union Budget 🏦, but with FII selling remaining relentless, the overall sentiment is likely to stay cautious.
I genuinely believe better things are in store for India in 2025 🇮🇳, even though the Union Budget may trigger some chaos. India’s general government balance as a percentage of GDP is higher than that of its Asian peers, and what’s even more notable is that our government’s revenues, as a proportion of GDP, surpass those of several far richer Asian nations. However, with global uncertainty looming 🌍, fiscal consolidation is non-negotiable to safeguard long-term financial stability.💰
Humara Gyaan: If you’ve ever ignored a call from an unknown number, only to realize it was your bank or a government department, we feel your pain. The Department of Telecommunications (DoT) has finally come to our rescue! With a brand-new system in place, distinguishing genuine service calls from spam is about to get much easier.
What’s Happening?
The DoT has introduced dedicated prefixes—160 and 161—for calls from government bodies, banks, and financial institutions. These prefixes will help you instantly identify legitimate service calls without second-guessing. 🎉
Why the Big Move?
This initiative is primarily in motion to protect you from fraudulent calls and scams that operate from numbers that seem like important calls. Banks, financial institutions, and government bodies must now adhere to this system of using the dedicated prefixes to facilitate more accountability from their side alongside enabling you to be secure.
Know Your Prefixes
160 = Service Calls
This is the VIP number for critical calls like OTPs, transaction alerts, payment confirmations, and other essential updates. So, if you see “160,” it’s probably worth picking up! 📲161 = Promotional Calls
Promotional calls, such as loan offers, credit card eligibility, or investment scheme updates, will now come through the 161 prefix. Think of it as your friendly heads-up on all those deals you may (or may not) want to hear about. 💳
Like what you’re reading? Please share this with your friends and have them sign up too!
Scams are too well-targeted to be random. Data breaches are everywhere, and fraudsters capitalize on it. That’s super scary, I get it. But your trust is a scammer’s biggest weapon. Sometimes, the best investment (in life too, tbh) could be a healthy dose of suspision too, you know?
Here’s to hanging up on everything and everyone that doesn’t deserve your attention🍻
Sayali❤️
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