CURRENT AFFAIRS

Detailed explanation-1: -According to the 2022 Hurun Global 500 list, the US tops the list, up 17 companies to 260 or 52 percent of the Hurun Global 500, making up 65 percent of total value. China second with 35 companies, down 12, followed by Japan 28, down 2, and UK 21, down 3.

Detailed explanation-2: -Apple is the most-valued company in the world, followed by Microsoft, Alphabet, Amazon, Tesla, Berkshire Hathaway, United Health Group, Johnson & Johnson, Exxon Mobil, and Visa, respectively.

Detailed explanation-3: -Globally, Apple retained the title of the most valuable company in the world with a market cap of $2.4 trillion and Microsoft came second ($1.8 trillion), while Alphabet, the parent company of Google, displaced Amazon to take the third place.

Detailed explanation-4: -India jumps on 5th position as 20 companies feature in world’s valuable list: Hurun Global 500 List 2022. India’s rank jumps to 5th position from 9th position with 20 companies featured in the 2022 Hurun Global 500 List. These companies are based in Mumbai, Ahmedabad, Noida, New Delhi, Bengaluru, and Kolkata.

Detailed explanation-5: -According to the “2022 Hurun Global 500, ” a ranking of the 500 most valuable non-state-controlled companies in the world, 20 Indian companies are among the 500 most valuable in the world.