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President Joe Biden wins South Carolina’s Democratic primary as he gears up for his reelection bid

President Joe Biden wins South Carolina’s Democratic primary as he gears up for his reelection bid

COLUMBIA, S.C. (AP): President Joe Biden easily won South Carolina’s Democratic primary on Saturday, clinching a state he pushed to lead off his party’s nominating process after it revived his then-struggling White House bid four years ago. Biden defeated the other long-shot Democrats on South Carolina’s ballot, including Minnesota Rep. Dean Phillips and author Marianne Williamson. His reelection campaign invested heavily in driving up turnout in what it saw as a test drive of its efforts to mobilize Black voters, a key Democratic bloc central to Biden’s chances in a likely November rematch against former President Donald Trump. “In 2020,

Court allows Hemant Soren to participate in trust vote in Jharkhand assembly

Hemant Soren

Aspecial court in Ranchi on Saturday allowed former Jharkhand chief minister Hemant Soren to participate in the trust vote in the state assembly on February 5. Soren, who was arrested by the Enforcement Directorate on Wednesday in a money laundering case, filed a petition before the special PMLA (Prevention of Money Laundering Act) court, seeking permission to participate in the trust vote sought by the new government. He was remanded to ED custody for five days by the court on Friday. Soren pleaded before the court that he is a member of the assembly and has a right to participate

India’s startup rockstar, Paytm CEO Vijay Shekhar Sharma, battles regulatory crisis

BENGALURU/NEW DELHI, Feb 3 (Reuters) – A rags-to-riches tale, Vijay Shekhar Sharma is no stranger to controversy. Now, India’s startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a backer. Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm’s, opens new tab valuation after India’s central bank ordered his banking arm to stop most of it operations from March 1 for “persistent non-compliances” and “supervisory concerns”. The ruling threatens significant business disruptions as the bank is the backbone

India aims to collect Rs 140 billion from online gambling tax in FY25

NEW DELHI, Feb 3 (Reuters) – Indian expects to collect up to 140 billion rupees ($1.7 billion) in goods and services tax (GST) next financial year by taxing online gambling companies, Revenue Secretary Sanjay Malhotra told Reuters on Saturday. The government in October imposed a 28% tax on funds that online gaming companies collect from their customers for every bet, shocking a nascent $1.5 billion industry that is backed by global investors. The government had defended the move, citing concerns about addiction. In the fiscal year that ends on March 31, the government will collect about 75 billion rupees from

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