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PeakMetrics / Fact Checks

Economy & business fact checks

Explore claims publishers have checked about economy & business. Read their original ratings and follow the evidence.

7,091 published reviews in this topic

FACTLYEconomy & business

Mobile phones, TVs, and refrigerators have become cheaper due to a reduction in the GST rate from 31.3% to 18% by the Government of India

Publisher’s rating: MISLEADING

The claim concerned a supposed recent Government of India GST reduction that made mobile phones, televisions and refrigerators cheaper, with the rate allegedly falling from 31.3% to 18%. The review says the confusion arose after Finance Minister Nirmala Sitharaman discussed how taxation on goods changed before and after GST was introduced. The Ministry of Finance used the terms “earlier” and “now” in its social-media post, which users interpreted as a new rate cut; the review also reports that several media outlets repeated that interpretation.

YouturnEconomy & business

விரைவில் விலை குறையும்: அயோத்தியில் ஸ்ரீராமபெருமானின் திருக்கோயில் கட்டிமுடித்ததும் தக்காளி உட்பட அனைத்து பொருட்களின் விலையும் குறையும் – நிதியமைச்சர் நிர்மலா சீதாராமன்

Publisher’s rating: Fake

Fact Crescendo Sri LankaEconomy & business

Coca-Cola, Samsung සමාගම්හි සන්නාම අවභාවිතා කරමින් හුවමාරු වන වංචනික සටහන් පෙළක් !

Publisher’s rating: False

The posts examined in the review claimed that Coca-Cola Sri Lanka was running online competitions offering luxury cars. They told users to like and share the posts, including with Facebook groups or friends, and said winners would be contacted privately. The article also describes similar prize posts using Samsung’s branding, including an alleged opportunity to win prizes by following the same like-and-share instructions. The review’s conclusion addresses those specific promotions, not every possible promotion by either company. [S1: “සමාජ ජාලා සටහන් කොකා කෝලා සමාගම මගින් තරග පවත්වා තෑගි ලෙස මෝටර් රථ ලබාදෙන බවට සමාජ ජාලා සටහන් පැතිර තිබුණේ පහත අයුරින්. එසේම පුද්ගලික ෆේස්බුක් පණිවුඩයක් ඔස්සේ ජයග්‍රහාකයා සම්බන්ධ කරගන්නා බවත්, ජයග්‍රහණය කිරීමට එම සටහනට ‘ලයික්’ කර Facebook කණ්ඩායම් හෝ මිතුරන් වෙත බෙදා ගන්නා ලෙසත් එහි දක්වා තිබුණා.”; “මේ ආකාරයටම Samsung වැනි වෙනත් සන්නාම සම්බන්ධයෙන් ද ත්‍යාග දිනාගැනීමේ අවස්ථාවක් ඇති බවත් ඒ සඳහා ඉහත සටහනේ දැක්වෙන පරිදිම ක්‍රියා කරමින් වැඩිදුරටත් ලයික් සහ ශෙයාර් කරගන්නා ලෙසත් දැනුම් දී තිබිණා.”] To check the offers, the article says it examined Coca-Cola’s official social accounts and website, and looked for mainstream-media advertisements or reports about such a competition; it found no evidence of either. It then reports contacting Coca-Cola Sri Lanka by email. The company said it had no involvement in the program and that its brand and trademarks were used without permission; the company’s marketing manager also confirmed those points. [S1: “කොකා කෝලා ආයතනයේ නිල සමාජ ජාලා ගිණුම්වල හෝ ඔවුන්ගේ නිල වෙබ් අඩවියේ මේ දිනවල මෙවැනි තරග පැවැත්වීමක් හෝ ත්‍යාග ලෙස මෝටර් රථ ලබාදීමක් පිලිබදව විස්තර ඇතුලත් වී ඇතිද යන කාරණය අප පරික්ෂා කළද එවැන්නක් දැක ගන්නට ලැබෙන්නේ නැහැ. ඉන් අනතුරුව අප විමසා බැලුවේ ප්‍රධාන ධාරාවේ මාධ්‍ය මගින් මෙවන් තරගයක් පිලිබදව ,වෙළෙද දැන්වීම් පළකිරීමක් හෝ වාර්තාකරණයක් හෝ සිදුව ඇතිද යන කාරණයයි. නමුත් එවැන්නක් ද දක්නට ලැබුණේ නැහැ.”; “මේ පිළිබඳව අප Coca-Cola ශ්‍රී ලංකා ආයතනයෙන් ඊමේල් හරහා විමසීමක් කළ අතර ඔවුන් තහවුරු කර සිටියේ කොකා-කෝලා සමාගම මේ ආකාරයේ කිසිදු හෝ වැඩසටහනට සම්බන්ධ නැති බව තහවුරු කරන බවයි.”] The article says Samsung Sri Lanka also confirmed that it was not running the described prize draw and characterized the circulating posts as fraudulent. Its conclusion groups the Coca-Cola and Samsung promotions as fabricated posts misusing the companies’ brands. It additionally reports separate confirmations concerning posts using Daraz and Pizza Hut branding; those are related examples, rather than evidence that changes the findings about the Coca-Cola and Samsung posts. [S1: “ඔවුන් ද තහවුරු කර සිටියේ සිය ආයතනය සම්බන්ධ වී සිදුකරනු ලබන ඉහත ආකාරයේ දිනුම් ඇදීමකින් ත්‍යාග ලබාදීමේ වැඩසටහනක් ක්‍රියාත්මක වන්නේ නැති බවත් හුවමාරු වන්නේ වංචනික සටහන් පෙළක් බවයි.”; “කොකෝ කෝලා ශ්‍රී ලංකා ආයතනය, Samsung Sri Lanka යනාදී ආයතන මගින් සමාජ ජාලාවල සදහන් ආකාරයේ ත්‍යාග ලෙස මෝටර් රථ, ජංගම දුරකථන ලබාදෙන ප්‍රවර්ධන වැඩසටහනක් මේ දිනවල සිදුකරන්නේ නැත. අප සිදුකල විමසුමේදී ඔවුන් ඒ පිලිබදව තහවුරු කර සිටියා.”]

Fact CrescendoEconomy & business

Claim: Nirmala Sitharaman not said that tomato price will decrease after the construction of Ram Temple

Publisher’s rating: ஃபேக்ட் கிரஸண்டோ ரேட்டிங்: FALSE

The claim concerned a social-media news card attributed to Thanthi TV. It purported to quote Finance Minister Nirmala Sitharaman saying that prices, including tomatoes, would fall once the Ram Temple in Ayodhya was completed. The review describes the card as shared on Facebook on July 1, 2023, and says it examined whether Sitharaman had actually made that statement. [S1]

Boatos.orgEconomy & business

Olá, Shein apresenta: um concurso especial de inverno. Responda a este breve questionário e ganhe um cartão-presente gratuito no valor de R$500!

Publisher’s rating: Falso

The message claims that Shein is offering a free R$500 gift card through a “special winter contest.” It directs recipients to answer four questions, find a prize box, and share the promotion with friends or groups on WhatsApp. The review examined the circulating message and the linked site, rather than a promotion on Shein’s official site. It reports that the site used a nonofficial domain and that its wording contained Portuguese errors; the review also says the promotion required sharing a link and that the page was not an official company page. (The source describes the domain ending as “.is.”) [S1] The review further reports that the page’s purported testimonials used randomly selected names and internet photos, and that following the steps did not result in receiving the advertised gift card. It describes possible destinations as another fake promotion, a page that could make a device freeze, or a site reached through affiliate programs. These are risks or outcomes the review describes, not proof that every visitor experienced them. [S1] For comparison, the article says Shein periodically distributes shopping vouchers and coupons, but that these are available on the company’s official site; it notes that some genuine promotions may invite link-sharing, but use official pages. Its conclusion is that this particular R$500 offer, reached through a nonofficial site and shared on WhatsApp, was not a genuine Shein promotion. [S1]