Consumer confidence has increased by 2.2 percentage points, revealed a recent report by Refinitiv-Ipsos, the primary consumer sentiment index (PCSI). This surge is reflected across all four sub-indices, indicating a positive outlook on various economic aspects. The monthly PCSI result, determined by the sum of four weighted sub-indices, paints a promising picture for the economy. […]
Fast Retailing stated on Tuesday that its Uniqlo business had filed a lawsuit in Japan against Shein’s owners, alleging that the Chinese fashion firm copied their round mini shoulder bag, the news agency Reuters reported. According to Fast Retailing, the petition was filed in Tokyo District Court on 28 December against Roadget Business Pte, Fashion […]
LT Foods, known for its Daawat brand of rice, is aiming for a larger slice of the convenience foods market, anticipating revenues of Rs 800 crore by 2028-29. This move was followed by the company’s initiative to diversify from its core business of packaged rice, sold domestically in India and exported globally. In 2017, LT […]
Japanese electronics firm Toshiba has identified power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand. The optimistic vision was notified by the company’s Chief Executive Taro Shimada on Friday, as the company was taken private. Toshiba completed its USD 14 billion buyout by private equity firm Japan […]
Tech major Apple is reportedly on a hunt for new suppliers in India, Japan and South Korea to provide crucial components to its contract manufacturers in India, according to a latest report by the Economic Times. Apple’s search came against the backdrop of delayed approvals from the Indian government for imports from existing suppliers, primarily […]
Suzuki Motor Gujarat, a wholly-owned subsidiary of Maruti Suzuki, has surpassed the milestone of three million production on a cumulative basis. The Gujarat unit commenced operations in February 2017, and within around six years and 11 months has achieved the three million production mark. In a release, the automaker said that the last one million […]
Union Commerce Minister Piyush Goyal on Sunday discussed progress in India-EU Free Trade Agreement negotiations with European Commission’s Executive Vice President Valdis Dombrovskis. “Discussed progress of the India-EU Free Trade Agreement negotiations with my friend @VDombrovskis, Executive Vice President of the European Commission,” the Union Commerce Minister wrote on ‘X’. Piyush Goyal on Saturday participated […]
According to a credit research company, Japan will see a price hike on 30,009 food and beverage products by October as the country’s currency Yen weakens as well as weaker Yen pushing up import prices, Kyodo News Agency reported. Adding that, the company also cited another reason to be a surge in electricity and labour […]
In a big step towards joining dozens of other nations that currently allow such sales at pharmacies, Japan’s health ministry announced Monday that it will allow the trial sale of emergency contraceptives without a prescription beginning this summer, Kyodo News reported. A ministry panel has approved the sale of so-called morning-after pills at pharmacies that […]
World’s most expensive mango ‘Miyazaki’ priced at Rs 1.82 lakh in the international market was showcased at a Mango Festival organized in Chhattisgarh’s Raipur. Japan’s famous mango ‘Miyazaki’ was displayed at the Mango Festival organized in the state capital from 17 June to 19. The price of this mango is Rs 2.70 lakh per kg, […]
