May 27, 2024 04:52 (IST)
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Japan ready to take all appropriate measures to check 'excessive volatility' in yen

Tokyo: Japan is ready to take all appropriate measures in response to excessive swings in its currency and is analysing the recent weakness in yen alongside its causes, said Finance Minister Shunichi Suzuki, media reported.

Japan commits ODA loan of JPY 232.209 billion for nine projects in various sectors in India

New Delhi: Japan has committed an Official Development Assistance (ODA) loan of an amount of 232.209 billion yen for nine projects in various sectors, the Ministry of Finance said on Tuesday.

Cabinet approves Memorandum of Cooperation between India and Japan on Japan-India Semiconductor Supply Chain Partnership

New Delhi: The Union Cabinet, headed by Prime Minister Narendra Modi, was briefed about a Memorandum of Cooperation (MoC) inked in July 2023 between India's Ministry of Electronics and Information Technology (MeitY) and Japan's Ministry of Economy, Trade and Industry (METI) regarding a partnership in the semiconductor supply chain between the two nations.

IT minister Ashwini Vaishnaw welcomes Japan's interest in joining India's UPI

New Delhi/Tokyo: Union minister Ashwini Vaishnaw on Friday welcomed Japan's interest in joining India’s Unified Payments Interface (UPI) payment system.

'Had a productive meeting': PM Modi after meeting CEO of Japanese semiconductor firm Renesas Electronics Corp

New Delhi: Prime Minister Narendra Modi on Friday said he met Toshi Shibata, the CEO of Japanese semiconductor manufacturer Renesas Electronics Corporation and had a productive meeting with him where the two discussed aspects relating to tech, innovation and India’s strides in the world of semiconductors.

IndusInd Bank signs $100 million loan agreement with JBIC to boost the growth of Japanese construction equipment companies in India

Gandhinagar: IndusInd Bank on Wednesday said that its GIFT City IBU branch has entered into a $100 million long-term loan agreement with the Japan Bank for International Cooperation (JBIC).

Japan pledges to offer employment opportunities to Manipuri youths

Imphal/IBNS: The Governments of Japan and the northeastern state of Manipur in India have come to an agreement to initiate new projects for the Manipuri youths.

Japan’s hotel giant HMI Group signs MoU with UP govt, to invest Rs 7,200 crore

Lucknow: Japanese company Hotel Management International Company Limited (HMI) signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government on Saturday to build 30 new hotels at an investment of Rs 7,200 crore.

Yen plunges to lowest mark against dollar in over 2 decades

Japanese currency yen Thursday nosedived to the lowest level against the US dollar since 1990 after America's central bank, Federal Reserve, indicated aggressive measures to tighten its noose on inflationary pressures, said media reports.

Suzuki to invest $1.26 bn to build electric vehicles and batteries in India

New Delhi/UNI: Japan's Suzuki Motor Corp. plans to invest 150 billion yen ($1.26 billion) to build electric vehicles and batteries in India, Japanese media reported on Saturday.

Japan to offer $42 bn in investments to India during Kishida's visit: Report

New Delhi: Japanese Prime Minister Fumio Kishida is likely to announce an investment plan of 5 trillion yen ($42 billion) in India over the next five years during his trip starting tomorrow, according to a media report.

IRFC to raise $ 1.1 billion from Japanese lenders to finance Indian Railways' green initiatives: Report

New Delhi: Indian Railways Finance Corp (IRFC) has decided to raise $1.1 billion (about 130 billion yen, or Rs 8,440 crore) through a yen-denominated syndicated offshore loan to finance the green initiatives of the India Railways, ET reported.

Japan eyes raising age of retirement for State Officials: Prime Minister

Tokyo/Sputnik: The Japanese government plans to raise the retirement age for civil servants, Prime Minister Yoshihide Suga said in his address to the parliament on Monday.

Japan offering subsidies to lure its manufacturers out of China, offers subsidies to shift base to India, Bangladesh

Tokyo/IBNS: Japan has said it will give subsidies to its manufacturers who shift base from China to India or Bangladesh, as part of its plans to diversify supply chains, media reports said.

India and Japan deliberate on investment opportunities at Indian Chamber of Commerce forum

Kolkata/IBNS: Information Technology (IT), Information Technology Enable Services (ITES), Artificial Intelligence (AI), Machine Tools, Aerospace, Biotechnology, and Engineering Design are some of the areas where Japanese investment can flow in, said Karnataka Chief Minister B S Yeddyurappa.