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Yesterday’s big news was related to Indian migrants. Indian migrants are making America more rich. Indians now have the highest number of billionaires of foreign origin living there. Forbes has released a list of 125 richest foreign origin citizens living in the US. In this list, India is at the top with 12 billionaires, leaving behind Israel, China and Taiwan.
At the same time, the government is preparing to sell its stake in Life Insurance Corporation (LIC), the country’s largest insurance company. According to media reports, the government has approved the offer-for-cell (OFS) in LIC, which will be brought to the market soon. According to reports, the government may sell LIC’s 6.5% stake.
Today’s headlines before tomorrow’s big news, which will be seen …
- The stock market may see a boom today.
- Infinix Hot 60 smartphone will be launched.
- There has been no change in the price of petrol and diesel.
Now read the big news of tomorrow …
1. Indian migrants are making America rich: About ₹ 25 lakh crore tax is paying the most billionaires of Indian origin in US
Indian migrants are making America more rich. Indians now have the highest number of billionaires of foreign origin living there. Forbes has released a list of 125 richest foreign origin citizens living in the US. In this list, India is at the top with 12 billionaires, leaving behind Israel, China and Taiwan.
More than 51 lakh Indian-American living in the US pays $ 250-300 billion in the US economy every year as a tax of about ₹ 25 lakh crore. This is 5-6% of America’s total tax. Jai Chaudhary is the richest Indian in America. Their net worth is more than $ 17.9 billion i.e. 150 thousand crore rupees.
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2. Government in preparing to sell stake in LIC: 6.50% stake may reduce, in 2022, 3.5% shares were sold via IPO.
The government is preparing to sell its stake in Life Insurance Corporation (LIC), the country’s largest insurance company. According to media reports, the government has approved the offer-for-cell (OFS) in LIC, which will be brought to the market soon. According to reports, the government may sell LIC’s 6.5% stake.
The Offer for Sale (OFS) ie the company’s current shareholder (such as promoters, investors or other big shareholders) will introduce the public to sell the shares of the company with them. This means that the company is not issuing new shares to raise money, but already existing shares are being sold.
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3. India benefits from America’s tariff policy: Report- India is a chance to become an investment hub; Trump imposed heavy tariffs on many Indo-Pacific countries
America’s new tariff policy can prove beneficial for India. According to a recent report, the US can apply less tariffs than tariff fixed on India.
On the other hand, many countries of Indo-Pacific will have to face heavy tariffs. This can increase foreign investment opportunities in India and can strengthen the manufacturing capacity of the country.
According to Arihant Capital report, India is in a better position in the new tariff system of America than many other Asian countries.
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4. TCS will give shareholders ₹ 11 dividend on every stock: In the first quarter of FY 26, the company has a profit of ₹ 12,760 crore, earnings 2.4%
Tata Group company Tata Consultancy Services (TCS) has received a profit of Rs 12,760 crore in the first quarter of FY 2025-26. It has increased by 5.98% on an annual basis. The company had a profit of Rs 12,040 crore in the same quarter of the last financial year.
In the April-June quarter, the company generated a revenue of Rs 63,437 crore from operations. It is 1.31% less on an annual basis. In April-June 2024, the company generated a revenue of 62,613 crore. The amount received from selling goods and services is called revenue or revenue. This does not include tax. The company released the results of the April-June quarter on 10 June.
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5. Chat- GPT making company will launch its web browser: There will be no need to visit websites again and again, Google Chrome will get a competition
Chat GPT maker Open AI is going to launch Artificial Intelligence (AI) Powered Web Browser in the coming few weeks. This browser chat of Open AI will do some work directly in interfaces like GPT, that is, users will not have to visit the websites again and again. News agency Reuters have given this information quoting sources.
Open AI plans that these browser should be added to their AI products, such as ‘operators’, which can work like booking or filling form. However, Google Chrome has a 66% market share with more than 3 billion users, while Apple’s Safari is second with 16%. Open AI will get a tough competition from them.
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6. Rocket, Creating Cancer Drug Real Test for AI: Musk launched Grocke-4, said- It is an understanding of PHD level in every subject
Ilon Musk’s company XAI presented its most powerful AI model Grocke 4 to the world on 10 July. Musk described it as the smartest AI in the world. He said that Groke 4 has been designed in such a way that it has an understanding of PhD level in any subject.
Groke is also being trained for video generation. This year, the world’s first AI-generated TV show and the entire AI-generated film will be released this year. At the same time, Musk claims that by next year, Groke can discover new technologies and perhaps new physics in 2 years.
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Now read the news of your need
7.5% interest being received in post-office time deposit account: You can invest for 1 to 5 years, know special things related to it
The government has not changed the interest rates of small savings schemes for July-September (Q2FY26). That is, you will continue to get the same interest as before. If you are planning to get a fixed deposit these days, then before that you should also know about the National Savings Time Deposit account of the post office.
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Tomorrow, see who should be the top-10 richest in the world…
Know the condition of tomorrow’s stock market and gold and silver …
Know the latest price of petrol-diesel and domestic gas cylinders …
