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Jane Street is reportedly not cooperating with the Income Tax Department's investigation into alleged tax evasion and market manipulation. Access to the company's servers is being blocked, and financial records are kept overseas, hindering the probe. This follows a SEBI order seeking to recover significant illegal gains from the firm for index manipulation.
Earlier, the U.S. President had announced plans to impose a 25% tariff on India, along with an additional penalty, citing concerns over the country's energy and defence ties with Russia, as well as existing trade barriers
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