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Beauty boom in India: Japan’s Shiseido to begin local manufacturing; joins global luxury brands’ expansion drive

Representative image (AI-generated) Japanese luxury beauty company Shiseido is planning to start manufacturing in India as part of its expansion strategy.It will be joined by global peers such as Estée Lauder Companies and The Body Shop, which are also exploring local production to tap into the world’s fastest-growing beauty market.Sanjay Sharma, country head of Shiseido…

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Meet Japan’s ‘Iron Lady’ Sanae Takaichi: First woman Prime Minister facing big political, economic, and regional challenges | World News

Sanae Takaichi has made history by becoming Japan’s first female Prime Minister, following her election as leader of the ruling Liberal Democratic Party (LDP) and approval by parliament. Known for her socially conservative views, nationalist stance, and admiration for former British Prime Minister Margaret Thatcher, Takaichi inherits a complex political landscape. She must address economic…

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Asian stocks: Japan’s Nikkei hits record high after Takaichi’s election win; yen weakens, markets mixed

Japan’s benchmark Nikkei 225 index surged more than 4% on Monday, hitting record highs after the ruling Liberal Democratic Party (LDP) elected Sanae Takaichi, an ultra-conservative and close ally of late Prime Minister Shinzo Abe, as its new leader, paving the way for her to become Japan’s first female prime minister.The Nikkei jumped 3.9% to…

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Japan’s agency R&I upgrades India’s sovereign credit rating

NEW DELHI: Japanese credit rating agency Rating and Investment Information (R&I) on Friday upgraded India’s long-term sovereign credit rating to ‘BBB+’ from ‘BBB’ and retained the “stable” outlook, citing growth prospects, progress on fiscal consolidation, and reforms undertaken by govt. This is the third upgrade by a sovereign credit rating agency this year, following S&P’s…

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Third upgrade in 2025! Japan’s R&I raises India’s sovereign rating to BBB+; cites strong growth outlook and fiscal discipline

Japan’s Rating and Investment Information, Inc. (R&I) has upgraded India’s long-term sovereign credit rating from ‘BBB’ to ‘BBB+’ with a Stable Outlook, marking the country’s third sovereign rating upgrade in 2025. The move emphasizes confidence in India’s domestic demand-driven growth and prudent fiscal management, the Government of India announced on Thursday.“Despite the uncertainties surrounding the…

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Yes Bank stake sale: SBI seals 13.18% divestment to Japan’s SMBC; largest cross-border deal in banking sector

Yes Bank stake sale: State Bank of India (SBI) has offloaded around 13.18% of its holding in Yes Bank Limited (YBL) to Japan’s Sumitomo Mitsui Banking Corporation (SMBC), marking the completion of a major divestment.SMBC, part of the Sumitomo Mitsui Financial Group (SMFG), is counted among the top foreign banks in India. SMFG itself is…

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‘Demon Slayer’ box office: Film becomes Japan’s second highest-grossing film; overtakes Studio Ghibli masterpiece ‘Spirited Away’ |

The latest iteration of anime blockbuster “Demon Slayer” has become Japan’s second highest-grossing film ever, data showed Tuesday, meaning the mega-franchise now dominates the top two spots in the country’s all-time box office rankings.“Demon Slayer” — the tale of adolescent swordsman Tanjiro Kamado and his comrades on a quest to kill human-devouring demons — is…

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