Mizuho to steer Japanese companies to India for green investments
MUMBAI -- Mizuho Bank announced on Monday that it has partnered with Invest India, a government agency backed by the private sector, to help Japanese companies invest in areas like clean energy.
Mizuho Bank Managing Executive Officer Yasuhiko Ushikubo and Invest India CEO Nivruti Rai signed a memorandum of cooperation in New Delhi on Monday, marking the first time that Invest India has partnered with a Japanese financial institution.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
an hour ago
May Sales Drop at 3 Major Japanese Dept. Store Operators
News from Japan Economy Jun 3, 2025 11:39 (JST) Tokyo, June 3 (Jiji Press)--Three major Japanese department store operators posted year-on-year declines in same-store sales in May, because of a plunge in sales of luxury brand goods to foreign visitors, according to their reports released Monday. Sales fell 6.2 pct at Takashimaya Co., 3.4 pct at Isetan Mitsukoshi Holdings Ltd. and 2.1 pct at Daimaru Matsuzakaya Department Stores Co. It was the third consecutive month that sales declined at all three companies. Food purchases by domestic customers were good, but their purchases of clothing for men and women were sluggish. Sales of tax-free items, an indicator of purchases by visitors to Japan, plummeted 41.7 pct at Takashimaya, 40.1 pct at Daimaru Matsuzakaya and 33.0 pct at Isetan Mitsukoshi, reflecting weak demand for luxury goods, such as bags and watches from famous foreign brands. 'Sales to visitors from South Korea and China, which had accounted for a large portion (of tax-free sales), logged a decline,' an industry official said. [Copyright The Jiji Press, Ltd.] Jiji Press
an hour ago
Japan to Set Up AI Strategy Task Force
News from Japan Politics Technology Jun 3, 2025 10:57 (JST) Tokyo, June 3 (Jiji Press)--Japanese Prime Minister Shigeru Ishiba said Monday that his government will set up a task force on an artificial intelligence strategy by autumn. Ishiba ordered his ministers to draw up a basic plan for AI development and use by winter. "We will make Japan the friendliest country for (AI) research and development," Ishiba told a meeting of experts and officials. He said the basic plan should include measures to address labor shortages and enhance productivity. A new law enacted in May to promote AI development and address risks involved stipulates that the government set up a task force to oversee related policies and craft a basic development plan. [Copyright The Jiji Press, Ltd.] Jiji Press
The Mainichi
3 hours ago
- The Mainichi
Japanese baseball legend Shigeo Nagashima dead at 89: Yomiuri newspaper
TOKYO (Kyodo) -- Japanese baseball legend Shigeo Nagashima, who rose to stardom for his on-field exploits during the country's era of rapid economic growth in the 1960s and 1970s, died Tuesday, the Yomiuri Shimbun newspaper said. He was 89. Nagashima, who was a key player of the Yomiuri Giants team that achieved nine consecutive Central League and Japan Series titles from 1965 to 1973 and later managed the club, was a charismatic figure whose popularity transcended sports. Together with teammate Sadaharu Oh, or "O-N" as the pair were nicknamed, Nagashima became a household name at a time when the country's economy was booming and is fondly remembered by many middle-aged and older Japanese with nostalgia for those times.
