Yesterday’s big news was related to Indian immigrants. Indian immigrants are making America richer. Indians now have the highest number of foreign billionaires living there. Forbes has released a list of 125 richest foreign citizens living in America. 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 the country’s largest insurance company Life Insurance Corporation (LIC). According to media reports, the government has approved the Offer-for-Sale (OFS) in LIC, which will be brought to the market soon. According to reports, the government can sell 6.5% stake in LIC. Today’s headlines before tomorrow’s big news, which will be watched… Now read tomorrow’s big news… 1. Indian immigrants making America rich: Paying about ? 25 lakh crore tax, most billionaires of Indian origin in the US Indian immigrants are making America richer. Indians now have the highest number of foreign billionaires living there. Forbes has released a list of the 125 richest foreign 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-Americans living in the US pay 250-300 billion dollars, about ?25 lakh crores, as tax to the US economy every year. This is 5-6% of the total tax of America. The richest Indian in America is Jai Chaudhary. His net worth is 17.9 billion dollars i.e. more than 150 thousand crores rupees. Click here to read the full news… 2. Government preparing to sell stake in LIC: Can reduce 6.50% stake, sold 3.5% shares through IPO in 2022 The government is preparing to sell its stake in the country’s largest insurance company Life Insurance Corporation (LIC). According to media reports, the government has approved the Offer-for-Sale (OFS) in LIC, which will be brought to the market soon. According to reports, the government can sell 6.5% stake in LIC. Offer for Sale (OFS) means that the existing shareholders of the company (such as promoters, investors or other large shareholders) will offer the shares of the company they hold to the public for sale. This means that the company is not issuing new shares to raise money, but the already existing shares are being sold. Click here to read the full news… 3. India benefits from US tariff policy: Report- India gets 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 impose a lower tariff on India than the fixed tariff. On the other hand, many Indo-Pacific countries will have to face heavy tariffs. This can increase foreign investment opportunities in India and strengthen the country’s manufacturing capacity. According to a report by Arihant Capital, India is in a better position in the new tariff system of the US than many other Asian countries. Click here to read the full news… 4. TCS will give ? 11 dividend to shareholders on every share: Company made a profit of ? 12,760 crore in the first quarter of FY 26, earnings increased by 2.4% Tata Group company Tata Consultancy Services (TCS) has made a profit (consolidated net profit) of Rs 12,760 crore in the first quarter of FY 2025-26. It has increased by 5.98% on an annual basis. In the same quarter of the previous financial year, the company had a profit of Rs 12,040 crore. In the April-June quarter, the company generated a revenue of Rs 63,437 crore from operations. This is 1.31% less on an annual basis. In April-June 2024, the company generated a revenue of 62,613 crores. The amount received from the sale of goods and services is called revenue. It does not include tax. The company released the results of the April-June quarter on June 10. Click here to read the full news… 5. Chat-GPT making company will launch its web browser: There will be no need to visit websites again and again, Google Chrome will compete ChatGPT making company Open AI is going to launch an Artificial Intelligence (AI) powered web browser in the coming few weeks. This browser of Open AI will do some work directly in interfaces like ChatGPT, that is, users will not need to visit websites again and again. News agency Reuters has given this information quoting sources. OpenAI plans to add this browser to their AI products, such as ‘Operator’, in browsing, which can do tasks like booking or filling forms. However, Google Chrome has a 66% market share with over 3 billion users, while Apple’s Safari is second with 16%. OpenAI will face tough competition from these. Click here to read the full news… 6. Making rockets, cancer medicine is the real test for AI: Musk launches Grok-4, says it has PhD level understanding in every subject Elon Musk’s company xAI presented its most powerful AI model Grok 4 to the world on July 10. Musk called it the world’s smartest AI. He said Grok 4 has been designed in such a way that it has PhD level understanding in any subject. Grok is also being trained for video generation. This year, the world’s first AI-generated TV show made from Grok and next year perhaps a complete AI-generated film will be released. Musk claims that by next year Grok can discover new technologies and perhaps new physics in 2 years. Click here to read the full news… Now read the news of your need 7.5% interest is being given in Post Office Time Deposit Account: You can invest for 1 to 5 years, know the 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. Click here to read the full news… Also see who were the top-10 richest people in the world yesterday… Know the status of yesterday’s stock market and gold-silver… Know the latest price of petrol-diesel and domestic gas cylinder…
