Supriya Shrinate questions govt over inaction against Jane Street group’s ‘illegal profit’

Supriya Shrinate questions govt over inaction against Jane Street group’s ‘illegal profit’

New Delhi, July 08, 2025 (ANI): Congress Leader Supriya Shrinate questions central Govt and SEBI over inactions against Jane Street group’s illegal profit. Speaking on the issue she said “An American algo-trading company, Jane Street, started operations in Indian in 2020. It dealt in both the share market and the derivative market. It was dealing in such a large volume that it was manipulating stock price in share market and was earning illegal profits in F&O market. Between January 2023 and March 2025, it earned a profit of around Rs 44,000 Crores...It sent this profit to America. SEBI has now issued an order that they are seizing Rs 4400 Crores...Who is suffering due to this? Small investors of this country - something which Rahul Gandhi had cautioned about again and again...Our question is that when Jane Street tells US Court that they earned 2.3 billion dollars due to inefficiencies in India, when market investors are writing to you, why did you stay silent? Why did you not do anything? Government will be questioned now because Narendra Modi and Amit Shah pose as market experts and offer suggestions on stock market, now when people are losing their money and company is earning profits illegally and sending to the US, what would you do now? You can't be silent. Would you be able to speak with Donald Trump and retrieve the money? ".


User: ANI

Views: 66

Uploaded: 2025-07-08

Duration: 02:09

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