Elon Musk, the owner of social media network Twitter, said the platform has no choice but to follow local laws in every country.

Musk’s comments, following his meeting with Prime Minister Narendra Modi in New York, came in response to questions regarding Twitter co-founder Jack Dorsey’s allegations that the Indian government had threatened to “shut Twitter down in India” if it did not take down critical content during the farmers’ protest against the three farm laws.

US President Joe Biden and First Lady Jill Biden on Wednesday hosted Prime Minister Narendra Modi for an intimate dinner at the White House.

Modi was received by the president and the first lady, and before entering the building, they posed for photos and were seen chatting.

The Enforcement Directorate (ED) is raiding 15 premises in Mumbai and another outside the city as part of its money laundering investigation into the alleged multi-crore Covid-19 jumbo centre scam.

The premises of Sujit Patkar, a close aide to Shiv Sena (Uddhav Balasaheb Thackeray) leader Sanjay Raut, and IAS officer Sanjeev Jaiswal—then additional municipal commissioner, BMC and a close aide of Aaditya Thackeray —are among those being searched.

5G subscriptions in India are expected to reach about 700 million by the end of 2028 from 10 million at the end of 2022, a report released on Thursday said. At the end of the next five years, 5G will account for 57 per cent of all mobile subscriptions in India, making it the fastest-growing region for the adoption of this technology, it added.

According to the June 2023 Ericsson Mobility Report, currently, 4G dominates the market in India with 820 million subscriptions at the end of 2022. But this is expected to decline to 500 million by the end of 2028.

The National Stock Exchange (NSE) and its arm -- NSE Clearing (NCL) -- has agreed to pay a total of Rs 72.6 crore to settle the case pertaining to the February 2021 trading glitch, which had halted trading at the country’s largest bourse for nearly four hours.

NSE and NCL will pay Rs 49.77 crore and Rs 22.88 crore, respectively, for themselves and their employees, who will also have to undergo non-monetary punishment.

Shares of Shriram Finance hit a fresh 52-week high of Rs 1,715, and was frozen temporarily at the 10 per cent upper circuit on the National Stock Exchange (NSE) in Wednesday’s trade at 09:19 AM; after over 8 per cent of total equity of the non-banking finance company (NBFC) changed hands on the exchange.

Around 31.22 million shares representing 8.3 per cent of total equity of Shriram Finance worth of Rs 4,824 crore changed hands on the NSE, the exchange data shows. The names of the buyers and sellers were not ascertained immediately.

White House National Security Council (NSC) Coordinator for Strategic Communications John Kirby said on Tuesday said that it is up to India to decide to buy Russian oil and hoped that India will continue to buy Russian oil in keeping within the price cap.

Speaking on the price cap on Russian oil, Kirby said, "The price cap is working and proven effective. It's working and we are gratified to see that. It is up to India to decide and we hope that India will continue to buy oil in keeping within the price cap."

Prime Minister Narendra Modi, after reaching the John F Kennedy International Airport in New York, on Tuesday, said that he is looking forward to the programmes including interaction with thought leaders and the Yoga Day celebrations at UN headquarters.

Taking to Twitter, PM Modi said, "Landed in New York City. Looking forward to the programmes here including interaction with thought leaders and the Yoga Day programme tomorrow, 21st June."

Shares of Tata Motors rose 3 per cent to hit a fresh multi-year high of Rs 582.60 on the BSE in Tuesday’s rangebound trade on an improved business outlook. In comparison, the S&P BSE Sensex was down 0.10 per cent at 63,102 at 01:15 pm.

The stock of the Tata Group passenger cars & utility vehicles company was trading close to its record high level of Rs 606, touched on February 3, 2015. Thus far in the calendar year 2023, it has rallied 50 per cent as compared to a 3.2 per cent rise in the S&P BSE Sensex.

Daniel Zhang has announced that he will be resigning as Alibaba Group Holding chairman and chief executive officer (CEO) in order to focus on Alibaba Cloud, the digital technology and intelligence backbone of the group.

Zang, 51-year-old Chinese business executive, will be working in the company as chairman and CEO of Alibaba Cloud Intelligence Group, the company said in a statement on Tuesday. The change will take effect September 10, according to a report in the South China Morning Post.

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