#FactCheck: Fake video falsely claims FM Sitharaman endorsed investment scheme
Executive Summary:
A video gone viral on Facebook claims Union Finance Minister Nirmala Sitharaman endorsed the government’s new investment project. The video has been widely shared. However, our research indicates that the video has been AI altered and is being used to spread misinformation.

Claim:
The claim in this video suggests that Finance Minister Nirmala Sitharaman is endorsing an automotive system that promises daily earnings of ₹15,00,000 with an initial investment of ₹21,000.

Fact Check:
To check the genuineness of the claim, we used the keyword search for “Nirmala Sitharaman investment program” but we haven’t found any investment related scheme. We observed that the lip movements appeared unnatural and did not align perfectly with the speech, leading us to suspect that the video may have been AI-manipulated.
When we reverse searched the video which led us to this DD News live-stream of Sitharaman’s press conference after presenting the Union Budget on February 1, 2025. Sitharaman never mentioned any investment or trading platform during the press conference, showing that the viral video was digitally altered. Technical analysis using Hive moderator further found that the viral clip is Manipulated by voice cloning.

Conclusion:
The viral video on social media shows Union Finance Minister Nirmala Sitharaman endorsing the government’s new investment project as completely voice cloned, manipulated and false. This highlights the risk of online manipulation, making it crucial to verify news with credible sources before sharing it. With the growing risk of AI-generated misinformation, promoting media literacy is essential in the fight against false information.
- Claim: Fake video falsely claims FM Nirmala Sitharaman endorsed an investment scheme.
- Claimed On: Social Media
- Fact Check: False and Misleading
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Introduction
THE DIGITAL PERSONAL DATA PROTECTION BILL, 2022 Released for Public Consultation on November 18, 2022THE DIGITAL PERSONAL DATA PROTECTION BILL, 2023Tabled at LokSabha on August 03. 2023Personal data may be processed only for a lawful purpose for which an individual has given consent. Consent may be deemed in certain cases.The 2023 bill imposes reasonable obligations on data fiduciaries and data processors to safeguard digital personal data.There is a Data Protection Board under the 2022 bill to deal with the non-compliance of the Act.Under the 2023 bill, there is the Establishment of a new Data Protection Board which will ensure compliance, remedies and penalties.
Under the new bill, the Board has been entrusted with the power of a civil court, such as the power to take cognisance in response to personal data breaches, investigate complaints, imposing penalties. Additionally, the Board can issue directions to ensure compliance with the act.The 2022 Bill grants certain rights to individuals, such as the right to obtain information, seek correction and erasure, and grievance redressal.The 2023 bill also grants More Rights to Individuals and establishes a balance between user protection and growing innovations. The bill creates a transparent and accountable data governance framework by giving more rights to individuals. In the 2023 bill, there is an Incorporation of Business-friendly provisions by removing criminal penalties for non-compliance and facilitating international data transfers.
The new 2023 bill balances out fundamental privacy rights and puts reasonable limitations on those rights.Under the 2022 bill, Personal data can be processed for a lawful purpose for which an individual has given his consent. And there was a concept of deemed consent.The new data protection board will carefully examine the instance of non-compliance by imposing penalties on non-compiler.The bill does not provide any express clarity in regards to compensation to be granted to the Data Principal in case of a Data Breach.Under 2023 Deemed consent is there in its new form as ‘Legitimate Users’.The 2022 bill allowed the transfer of personal data to locations notified by the government.There is an introduction of the negative list, which restricts cross-data transfer.
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Introduction
In the vast expanse of the digital cosmos, where the tendrils of the internet weave an intricate tapestry of connectivity, the channels through which information cascades have become a labyrinth of enigma and complexity. As we traverse this boundless virtual landscape, the line demarcating fact from fiction blurs, leaving the essence of truth adrift in a deluge of data. Amidst this ceaseless flow, platforms such as YouTube, Meta, and Twitter emerge as bulwarks in a pivotal struggle against the insidious spectres of fake news and disinformation—a struggle as fervent and consequential as any historical skirmish over the dominion of truth and influence.
Let us delve into a few case studies that illustrate the multifaceted nature of this digital warfare, where the stakes are nothing less than the integrity of public discourse and the sanctity of societal harmony.
Case 1: A Chief Minister's Stand Against Digital Deception
In the northeastern reaches of India, Assam's Chief Minister, Himanta Biswa Sarma, confronted disinformation head-on. With the spectre of elections looming like a storm on the horizon, he took to the microblogging site X to unveil a nefarious scheme—a doctored video intended to distort his speech and sow seeds of communal discord. 'See for yourself, as elections approach, how vested groups distort a speech with the criminal intention of spreading disinformation and communal disharmony. The long arms of the law will catch up with these elements,' declared Sarma, his words a clarion call for vigilance.
The counterfeit video, crafted to smear the Chief Minister's reputation, elicited a swift and decisive response from Assam's Director General of Police, G.P. Singh. 'Noted Sir. CID Assam would register a criminal case and investigate the people behind this,' assured Singh, signalling the readiness of the law to pursue the purveyors of falsehood.
Case 2: Waves of Deceit: Unverified Claims of Cancellations in the Maldives Tourism Controversy
The narrative shifts to the idyllic archipelago of the Maldives, where the azure waters belie a tumultuous undercurrent of diplomatic discord with India. Following disparaging remarks by Maldivian officials directed at Indian Prime Minister Narendra Modi, the social media sphere became rife with claims of Indian tourists en masse cancelling their sojourns to the island nation. Screenshots purporting to show cancelled bookings flooded platforms like X, with one user claiming to have annulled a reservation at the Palms Retreat, Fulhadhoo, to the tune of at least Rs 5 lakh, citing the officials' 'racist remarks.'
Initial reports from a few media outlets lent credence to this narrative of widespread cancellations. However, upon closer scrutiny, the veracity of these claims crumbled like a sandcastle at high tide. Concrete evidence to substantiate the alleged boycott was conspicuously absent, and neither travel agencies nor airlines corroborated the supposed trend.
The controversy was inflamed when PM Modi's visit to Lakshadweep, and subsequent social media posts praising the archipelago, spurred Indian users to champion Lakshadweep as an alternative to the Maldives. The vitriolic response from Maldivian ministers, who labelled Modi with derogatory remarks, ignited a firestorm on X, with hashtags like #BoycottMaldives and #MaldivesBoycott trending fervently.
Yet, the truth behind the cacophony of cancellation numbers remains shrouded in ambiguity, with no official acknowledgement from either government and a conspicuous absence of data from the tourism industry.
Case 3: Misinformation Highway: Unraveling the Fabrications in Bollywood's rumours or misinformation: Lies, Thumbnails, and Digital Dalliances
Gaze now turns to the bustling fabricated thumbnails or rumour taglines on uploaded videos on YouTube, where thumbnails emblazoned with tantalising texts beckon viewers with the promise of scandalous revelations. 'Pregnant? Divorced?' they shout, luring millions into their web with the allure of salacious 'news.' Yet, these are but mirages, baseless rumours masquerading as fact, or worse, complete fabrications.
The platform teems with counterfeit narratives and rumours, targeting the luminaries of Bollywood. Factors such as easy content uploading without strict scrutiny, a burgeoning digital footprint, and India's insatiable appetite for celebrity culture have created a fertile ground for the proliferation of such content. It is a testament to the power of the digital age, where anyone with a connection can craft a narrative and cast it into the ether, regardless of its foundation in reality.
We must arm ourselves with discernment and scepticism in this relentless onslaught of misinformation. The digital realm, for all its wonders, is also a battleground where the currency is truth, and the price of negligence is the erosion of our collective understanding. As we navigate this ever-evolving landscape, let us hold fast to the principles of verification and evidence, for they are the compass by which we can chart a course through the maelstrom of misinformation that seeks to engulf us.
Conclusion
In this era of digital enlightenment, it is incumbent upon us to discern the chaff from the wheat, to elevate the discourse beyond the mire of falsehoods. Let us endeavour to foster a digital polity that values truth, champions authenticity, and resolutely stands against the tide of disinformation that threatens to undermine the very fabric of our society.
References:
- https://www.indiatodayne.in/assam/video/assam-cm-exposes-fake-video-scheme-dgp-promises-swift-action-743097-2024-01-08
- https://www.thequint.com/news/webqoof/boycott-maldives-misinformation-on-trip-booking-cancellations
- https://www.thequint.com/news/webqoof/bollywood-fake-news-on-youtube-uses-divorce-pregnancy-and-arrests-for-misinformation

Introduction
Apple launched Passkeys with iOS 16 as a more authentic and secure mechanism. It is safer than passwords, and it is more efficient in comparison to passwords. Apple users using iOS 16 passkeys features should enable two-factor authentication. The passkeys are an unchallenging mechanism than the passwords for the passkeys. The user just has to open the apps and websites, and then the biometric sensor automatically recognises the face and fingerprints. There can be a PIN and pattern used to log instead of passwords. The passkeys add an extra coating of protection to the user’s systems against cyber threats like phishing attacks by SMS and one-time password-based. In a report 9 to 5mac, there is confirmation that 95% of users are using passkeys. Also, with the passkeys, users’ experience will be better, and it is a more security-proof mechanism. The passwords were weak, reused credentials and credentials leaked, and the chances of phishing attacks were real.
What are passkeys?
Passkey is a digital key linked to users’ accounts and websites or applications. Passkeys allow the user to log into any application and website without entering passwords, usernames, or other details. The aim of this new feature is to replace the old long pattern of entering passwords for going through any websites and applications.
The passkeys are developed by Microsoft, Apple, and Google together, and it is also called FIDO Authentication (Fast identity online). It eliminates the need to remember passwords and the need for typing. So, the passkeys work as they replace the password with a unique digital key, which is tied to the account then, the key is stored in the device itself, and it is end-to-end encrypted. The passkeys will always be on the sites on which users specifically created them. the passkeys use the technology of cryptography for more security purposes. And the passkeys guarantee against the phish.
And since the passkeys follow FIDO standards so, this also can be used for third-party nonapple devices as the third-party device generate a QR code that enables the iOS user to scan that to log in. It will recognise the face of the person for authentication and then asks for permission on another device to deny or allow.
How are passkeys more secure than passwords?
The passkeys follow the public key cryptographic protocols that support the security keys, and they work against phishing and other cyber threats. It is more secure than SMS and apps based on one-time passwords. And another type of multi-factor authentication.
Why are passwords insecure?
The users create passwords easily, and it is wondering if they are secure. The very important passwords are short and easy to crack as they generally relate to the user’s personal information or popular words. One password is reused by the user to the different accounts, and then, in this case, hacking one account gives access to all accounts to the hackers. The problem is that passwords have inherent flaws, like they could be easily stolen.
Are passkeys about to become obligatory?
Many websites restrict the type of passwords, as some websites ask for mixtures of numbers and symbols, and many websites ask for two-factor authentication. There is no surety about the obligation of passkeys widespread as it is still a new concept and it will take time, so it is going to be optional for a while.
- There was a case of a Heartland payment system data breach, and Heartland was handling over 100 million monthly credit card transactions for 175,000 retailers at the time of the incident. Visa and MasterCard detected the hack in January 2009 when they notified Heartland of suspicious transactions. And this happened due to a password breach. The corporation paid an estimated $145 million in settlement for illegal payments. Today, data-driven breaches affect millions of people’s personal information.
- GoDaddy reported a security attack in November that affected the accounts of over a million of its WordPress customers. The attacker acquired unauthorised access to GoDaddy’s Managed WordPress hosting environment by hacking into the provisioning system in the company’s legacy Managed WordPress code.
Conclusion
The use of strong and unique passwords is an essential requirement to safeguard information and data from cyberattacks, but still, passwords have its own disadvantages. And by the replacement of passwords, a passkey, a digital key that ensures proper safety and there is security against cyberattacks and cybercrimes through passkey. There are cases above-mentioned that happened due to the password’s weaker security. And in this technology world, there is a need for something for protection and prevention from cybercrimes, and the world dumps passwords and adopts passkeys.
References
- https://www.cnet.com/tech/mobile/switch-to-passkeys-more-secure-than-passwords-on-ios-16-iphone-14/
- https://economictimes.indiatimes.com/magazines/panache/google-is-ending-passwords-rolls-out-passkeys-for-easy-log-in-how-to-set-it/articleshow/99988444.cms?from=mdr
- https://security.googleblog.com/2023/05/making-authentication-faster-than-ever.html#:~:text=Because%20they%20are%20based%20on,%2Dfactor%20authentication%20(MFA).