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The Securities and Exchange Board of India (SEBI)’s interim order against Jane Street Group accuses the global trading firm of executing a sophisticated, two-stage strategy to manipulate Bank Nifty index levels and profit from options trades over the past two years.
Defence Minister Rajnath Singh has proposed to his Chinese counterpart Dong Jun that India and China should solve the “complex issues” under a structured roadmap comprising steps to de-escalate tensions along the frontiers and rejuvenate the existing mechanism to demarcate the borders.