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Coming up: An EMI scheme for India's 'deserving' taxpayers

Amid tight liquidity and slow biz, taxman gives breathing space to cos and businesses — the prime taxpayers.

Japan

Jan 21, 2020, 09.05 AM IST

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JAPAN

2,887 days: Abe becomes Japan's longest-serving premier

The 65-year-old is also the second-longest-serving leader of the Group of Seven major economies behind only German Chancellor Angela Merkel, who has been in office since 2005. Abe's grip on power remains firm as he passes the landmark, with his tenure likely to last until at least September 2021 and no clear successor yet on the horizon.

Japan's Soft Bank Group to invest Rs 30,000 crore in renewable energy in Gujarat

The announcement was made at a meeting between chief ministe...

Govt decides to go slow on FTAs to avoid RCEP-like impasse

India will not sign any free trade pact in a hurry or to the disadvantage of indus...

ET Prime Distribution
  • China on Wednesday terminated its six-year long anti-dumping measures on pyridine imports from India and Japan after the domestic producers asked the government to withdraw the reinvestigations of the duties.

    Mitsui looking to invest in firm that will supply fresh food to upcoming 7-Eleven stores, other players. The Japanese conglomerate are working on a similar business of fresh food supplies for 7-Eleven, FoodHall, Big Bazaar as well as other quick service restaurants. Mitsui could look at investing in Galaxy Cloud Kitchen or in a separate venture with Biyani.

    Indian Space Research Organisation’s PSLV has turned into a money-spinner for the space agency as forex brought by the country’s mainstay rocket increased by Rs 90 crore from Rs 232.56 crore in 2017-18 to Rs 324 crore in 2018-19 fiscal year.

    India is one of the leading producers of tea with 23% share in global production. Tea plantation has always been a labour intensive profession. Mites have been one of the biggest nuisance makers in tea plantations that bring down both quality and quantity of the tea produced. The trials of Hanabi with major tea planters have given us very encouraging results.

    Variables in the text around unfulfilled past commitments of historical polluters (rich nations), unwillingness of countries (China, India, Brazil, Japan, Australia and others) towards raising their climate action targets by next year and uncertainties about carrying over (transition clause and cut-off year) carbon credits earned by countries like India, Australia, Brazil and others in pre-2020 period to post-2020 phase were key points of discontentment in the text.

    Japanese Prime Minister Shinzo Abe was to meet Prime Minister Narendra Modi for their annual summit in Guwahati and the government said that the decision to defer the visit was taken after mutual consultations. The scheduled summit looked untenable as unrest gripped the main venue of the visit since the Citizenship Amendment Bill was proposed.

    International job offers for the Class of 2020 during final placements have jumped upwards by as much as 400%.

    With the annual Japan-India summit scheduled to start on Sunday, the government is yet to ‘officially’ finalise the venue. While a final call on moving it away from Assam has not been taken, officials said latest assessment of the security situation would be taken into consideration.

    Nomura expects that growth in major global economies may weaken in 2020, like US growth may slip from 2.3% to 1.8%, China (6.1% to 5.7%), the euro area (1.2% to 0.9%) and Japan (1.0% to 0.2%). This will be offset by a handful of smaller EMs – Brazil, Mexico, India, Turkey and South Africa – rebounding from tepid growth in 2019.

    Historically, strategy formulation and execution has been one of the key strengths of Sun Pharma.

    The scheme will help address NBFCs and HFCs resolve their temporary liquidity or cash flow mismatch issues.

    China had three big factors in its favour.

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