Here's a brief outlook on today's key events and a recap of last week's major business news highlights. Key Events to Watch Today Here's an overview of significant developments last week: Reliance Witnesses a Sharp Decline in Market Value Reliance Industries saw a significant drop in its market valuation, down by ₹67,527 crore, bringing its total market cap to ₹16.47 lakh crore on the last trading session. Major Losses for Top Companies Out of India’s top 10 companies, eight saw a combined market value decline of ₹2.04 lakh crore last week. Reliance Industries was the biggest loser, while Airtel and ICICI Bank recorded gains. Nita Ambani Honoured Nita Ambani, chairperson of Reliance Foundation, received the prestigious Governor’s Citation from Massachusetts Governor Maura Healey for her contributions to education, healthcare, and women's empowerment. The citation acknowledges her as a visionary leader and global change-maker. PM Modi Sets Ambitious Textile Export Target Prime Minister Narendra Modi addressed the “Bharat Tex 2025” event at Bharat Mandapam, highlighting India’s growing presence in the global textile industry. He announced that India’s textile exports have reached ₹3 lakh crore, making the country the sixth-largest textile and apparel exporter worldwide. The government aims to triple exports to ₹9 lakh crore by 2030. Essential Updates for Consumers New FASTag Rules Implemented: Top 10 Richest People in the World (as of February 16, 2025) 1. Elon Musk (Tesla) – ₹34.16 lakh crore
2. Mark Zuckerberg (Meta) – ₹22.02 lakh crore
3. Jeff Bezos (Amazon) – ₹20.97 lakh crore
4. Larry Ellison (Oracle) – ₹18.71 lakh crore
5. Bernard Arnault (LVMH) – ₹16.73 lakh crore
6. Larry Page (Google) – ₹13.27 lakh crore
7. Warren Buffett (Berkshire Hathaway) – ₹12.97 lakh crore
8. Sergey Brin (Google) – ₹12.67 lakh crore
9. Amancio Ortega (Zara) – ₹10.91 lakh crore
10. Rob Walton (Walmart) – ₹10.63 lakh crore Indian Billionaires' Rankings 🔸 Mukesh Ambani (Reliance) – Ranked 18th with ₹7.83 lakh crore
🔸 Gautam Adani (Adani Group) – Ranked 26th with ₹4.60 lakh crore Source: Forbes Real-Time Billionaires List Market Update 📅 February 14, 2025 📉 Sensex – 75,939 ▼ 199 (0.26%)
📉 Nifty – 22,929 ▼ 102 (0.44%)
📉 BSE Mid Cap – 39,731 ▼ 1,056 (2.59%)
📉 BSE Small Cap – 45,411 ▼ 1,522 (3.24%) Nifty Top Gainers Nifty Top Losers Gold-Silver Prices (February 14, 2025) 💰 Gold – ₹85,998 (per 10 grams) ⬆️ ₹250
💰 Silver – ₹97,953 (per kg) ⬆️ ₹2,404 Fuel Prices in Major Cities LPG Cylinder Prices in Major Cities (₹ per cylinder) Delhi: ₹803 Jaipur: ₹806.5 Mumbai: ₹802.5 Bhopal: ₹808.5 Chennai: ₹818.5 Patna: ₹901 Kolkata: ₹829 Raipur: ₹874Original Article