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Yesterday’s big news was related to valuable companies. Due to the fall in the market last week, the market valuation of 9 of the top 10 most valuable companies decreased by Rs 2.51 lakh crore. Of these, Reliance Industries suffered the most loss.
At the same time, Meta, the parent company of the world’s most popular messaging app WhatsApp, is once again surrounded by allegations regarding privacy. A new lawsuit filed in a federal court in San Francisco claims that the company can even view users’ chats, which it claims are completely secure by describing them as end-to-end encrypted (E2E).
Before tomorrow’s big news, these are today’s headlines…
- The stock market will remain closed today due to Republic Day holiday.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. Value of 9 out of top-10 companies decreased by ₹2.51 lakh crore: Reliance Industries suffered the most loss; Hindustan Unilever’s valuation increased by ₹12,311 crore
Due to the fall in the market last week, the market valuation of 9 of the top 10 most valuable companies decreased by Rs 2.51 lakh crore. Of these, Reliance Industries suffered the most loss. The valuation of Reliance Industries fell by Rs 96,960.17 crore to Rs 18.75 lakh crore.
In the last 5 trading days, BSE Sensex fell by 2,032.65 points or 2.43%. Experts believe that global tension, selling by foreign investors, weak rupee and weak corporate earnings have created pressure in the market.
Click here to read the full news…
2. Question on end-to-end encryption of WhatsApp: Claim in the lawsuit – Meta can see your private chats; The company called the allegations fake
Meta, the parent company of the world’s most popular messaging app WhatsApp, is once again under the scanner for privacy concerns. A new lawsuit filed in a federal court in San Francisco claims that the company can even view users’ chats, which it claims are completely secure by describing them as end-to-end encrypted (E2E).
This class-action lawsuit has been filed by a group of users from Australia, Brazil, India, Mexico and South Africa. In a lawsuit filed in an American court, it has been said that Meta and WhatsApp are misleading their billions of users in the name of security.
Click here to read the full news…
3. Budget Expectation – Keeping an eye on proposals like abolishing double penalty: Possible consideration of giving option of joint tax return to husband and wife.
The middle class and tax payers are expected to get relief in the general budget. Consideration may be given to giving the husband and wife the option to file income tax returns jointly. The Institute of Chartered Accountants of India has suggested that married couples file a single return, in which tax slabs and exemptions are applied jointly, instead of separate returns.
Click here to read the full news…
4. Tier-2 and Tier-3 cities are new job hubs: One and a half times more vacancies than metro cities, 1.28 crore jobs are expected to be created in the country this year.
The wave of jobs in India is visible outside the metro cities in cities like Indore, Jaipur, Ahmedabad, Kochi and Chandigarh. The pace of recruitment has increased to 20% in Tier-2 and 3 cities, while in metro cities it was 14%. According to leading jobs and talent platform FoundIt, hiring is growing rapidly in small cities with 1.28 crore potential jobs this year.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
Know the condition of stock market and gold and silver on Friday…
Know the latest price of petrol, diesel and domestic gas cylinder…
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