Japan Financial News

Ola Electric expects revenue to quadruple to $1.5 billion this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter. The figures, however, pre-date surprise cuts by the federal government to e-scooter incentives in May. According to the document, which was prepared ahead of investor meetings for Ola's planned IPO worth up to $700 million and was reviewed by Reuters, the company is also targeting $220 million in operating profit for the year to end-March.

Atishi on Thursday termed «horrific» a May 4 video of two women being paraded naked in Manipur and hit out at Prime Minister Narendra Modi, saying though he had time to visit foreign countries, he hasn't yet gone to the strife-hit northeastern state. Tension mounted in the hills of Manipur after the video surfaced on Wednesday. The state has been witnessing ethnic clashes since May 3 between the majority Meitei community, concentrated in the Imphal Valley, and the tribal Kukis, occupying the hills.

extended-range artillery and infantry vehicles to meet its operational requirements along its border with China and address its «coercion and harassment», a top Pentagon official said on Thursday. The Indian and Chinese troops are locked in an over-three-year confrontation in certain friction points in eastern Ladakh.

India’s oil and gas import bill contracted by a third from a year earlier to $35 billion in the April-June quarter as prices sharply dropped, as per the oil ministry data. Crude oil worth $31.4 billion was imported during the April-June period, lower than $48.1 billion in the same period last year. The volume of oil imports marginally reduced to 60.1 million metric tonnes (mmt) in the first quarter from 60.7 mmt in the same period last year.

The 2022 climate law unleashed a torrent of government subsidies to help the U.S. build clean-energy industries. The biggest beneficiaries so far are foreign companies.

Investing.com — Most Asian stocks firmed slightly on Thursday, although local technology shares were sold off on weak cues from Wall Street, and as investors turned wary of the sector ahead of earnings from chipmaking giant TSMC.

Investing.com — Most Asian currencies rose on Thursday as a rebound in the dollar paused, while the Chinese yuan shot up amid reports of government intervention to support the battered currency.

Sports tournaments provide an opportunity to witness thrilling athletic performances and then present an excellent reason to explore the vibrant city that the tournament is organised in. From August till December 2023, here are exciting sporting events that are set to take place across the globe. Check out this curated list of the best international destinations that Indian sports enthusiasts can visit to experience the electrifying atmosphere of sports tournaments from August to December 2023.

Foxconn unit, which sells components to the likes of Apple and Lenovo to garner about a third of the Taiwanese contract manufacturer's aggregate revenue, is looking to build an operational facility in Tamil Nadu by next year, multiple people aware of the discussions told ET. Foxconn's parent company Hon Hai Technology already has large existing facilities in Tamil Nadu and is looking to further ramp up these sites. For instance, it manufactures iPhones for Apple exclusively in a facility in Sriperumbudur near Chennai.

Benchmark U.S. crude oil for August delivery fell 40 cents to $75.35 a barrel Wednesday

Inuyashiki anime premiered on Fuji TV's Noitamina block in Fall of 2017 and was also streamed on Amazon Prime Video in Japan. While global audiences can access it on Amazon Prime Video, the series was previously available on Anime Strike in the USA. Following Anime Strike's discontinuation, it became accessible on Amazon Prime Video. Recently, Crunchyroll also acquired the rights to stream all 11 episodes of Inuyashiki, expanding its availability to countries like Canada, the USA, Australia, New Zealand, Central and South America, and Scandinavian countries. The Intriguing Plot of Inuyashiki: Last Her

New Delhi/Bengaluru NTT Ltd, which merged its data centre and information technology (IT) services divisions last October, is bullish on India, having announced a five-year, $2.5 billion investment in January to build data centres in Maharashtra. In a recent interview, Abhijit Dubey, global chief executive NTT, and NTT India CEO, Avinash Joshi, shared the company’s roadmap while explaining why India is NTT’s largest employee base outside its home turf of Japan, and how artificial intelligence (AI) will influence demand for data centres, among other things. Edited excerpts: What is the extent of operations for NTT in India? Dubey: We have about 40,000 employees in India, and it’s the largest outside NTT’s home base in Japan.

K-pop music label that brought the world hit boy group BTS are using artificial intelligence to meld a South Korean singer's voice with those of native speakers in five other languages. The technology enabled HYBE, South Korea's largest music label, to release a track by singer MIDNATT in six languages — Korean, English, Spanish, Chinese, Japanese and Vietnamese in May.

US monetary policy normalizes. Meanwhile, a weaker yen makes imports dearer.

Older and experienced workers will make up more than a quarter of the workforce by 2031, a study has predicted. The Bain & Company report claimed that more than 15 crore jobs will shift to workers over the age of 55 by 2030 in G7 countries. CNN.com, citing Bain's report mentioned that Japan has almost 40% of the workforce over age 55 whereas Europe and US have senior people workforce anywhere from 25-30%.

Investing.com-- Most Asian currencies fell on Wednesday as the dollar rebounded from 15-month lows, with recent U.S. data spurring more bets that the Federal Reserve was close to pausing its rate hike cycle.

A post shared by Sidecar (@sidecarindia) Hong Kong's Coa has bagged the top spot for a third consecutive year. Whereas Jigger & Pony in Singapore ranked second on Asia’s 50 Best Bars list. It’s the first time since 2019 that the ceremony has been held with all borders in the region re-opened after the Covid-19 pandemic.

India has significantly improved its passport ranking by rising 5 spots from last years and is now ranked 80th in the latest Henley Passport Index. Owning to this, Indians can travel to 57 destinations completely visa free or visas on arrival arrangements.  However, it is to be noted here that India has scored poorly in mobility.

India as a strategic partner to the United States, a top American general has told lawmakers that the India-US military-to-military relationship is robust and increasing in scope and sophistication. «India is a strategic partner to the United States.

Investing.com-- Most Asian stocks rose on Wednesday after data released overnight spurred increased bets that the Federal Reserve was close to ending its current rate hike cycle, while Chinese markets continued to lag on a worsening economic outlook.

Asia's stock markets were mixed on Wednesday with growth concerns dragging on China's equities while shares gained in Japan and Australia after healthy U.S. company earnings and retail data added to hopes that a recession there can be avoided. Dovish remarks from a European Central Bank policymaker boosted bonds and dragged the euro lower.