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MUMBAI - India's regulator has restrained Jane Street Group from accessing the local securities market, dealing a severe hit to the US trading firm that generated more than US$2.3 billion (S$2.9 billion) in net revenue from equity derivatives in the South Asian nation in 2024. The Securities and Exchange Board of India (SEBI) said it would seize 48.4 billion rupees (S$722 million) from Jane Street, which it claimed is the total amount of unlawful gains made by the fund, according to the order. ...Read More >

New Delhi: A day after the 14th Dalai Lama announced his succession plan, India on Thursday said the next Tibetan spiritual leader would be "chosen only by the present one and with the established conventions"-- a move seen as an apparent snub to China. Beijing has insisted that any future heir of the Dalai Lama must receive its seal of approval. Talking to reporters in New Delhi, Union Minister Kiren Rijiju noted that the Dalai Lama is the "most important and defining institution" for the Budd ...Read More >

New Delhi: In an apparent snub to China, Minority Affairs Minister Kiren Rijiju on Thursday asserted that the decision on the Incarnation of the Dalai Lama would be taken by the established institution and the Dalai Lama himself and no one else. On Wednesday, Tibetan spiritual leader Dalai Lama said that the institution of the Dalai Lama will continue and only the Gaden Phodrang Trust will have the authority to recognise his future reincarnation. ...Read More >

New Delhi, Jul 3 (PTI) In an apparent snub to China, Minority Affairs Minister Kiren Rijiju on Thursday asserted that the decision on the Incarnation of the Dalai Lama would be taken by the established institution and the Dalai Lama himself and no one else. On Wednesday, Tibetan spiritual leader Dalai Lama said that the institution of the Dalai Lama will continue and only the Gaden Phodrang Trust will have the authority to recognise his future reincarnation. Talking to reporters here, Rijiju s ...Read More >
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