Explained: How Jane Street made a staggering Rs 735 crore profit in Indian markets in just a day? SEBI reveals details of ‘manipulation’ strategy

SEBI has banned Jane Street Group from Indian markets. The firm allegedly inflated prices before selling aggressively, profiting from options while retail investors were misled. SEBI is now seizing Rs 4,840 crore in unlawful gains, highlighting concerns about algorithmic trading’s impact on the Indian derivatives market.

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Brics: India pushes for trade without barriers; biz leaders call for local currency use

Prime Minister Modi’s visit to Brazil for the Brics Summit underscores India’s commitment to deeper economic integration within the bloc. Business leaders are advocating for the removal of trade barriers and the promotion of local currency trade. India’s digital transformation is being showcased as a model for other emerging economies, with calls for sharing successful…

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