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NITI Aayog vice-chair suggests starting with a few mega coastal economic zones and large-scale firms, the tax incentives tied to specified levels of job creation in the early years

High school student Nao Noguchi is a perfect example of why Japanese camera sales have plunged in the past few years — she uses her smartphone for everything and cannot understand why anyone would bother with a separate device for photos. “It is easy to take your smartphone out of ...

Negotiations among Japan, China, South Korea and Taiwan on resource management of the Japanese eel, which is in danger of extinction, have been suspended since June, Jiji Press learned Thursday. This is because China has been reluctant on the proposed establishment of a treaty to regulate the amount of farmed ...

Tokyo stocks tumbled more 4 percent in early deals on Friday, playing catch-up with a global selloff after a one-day holiday amid deepening worries about the world economy and as a stronger yen hammered exporters. The benchmark Nikkei 225 index at the Tokyo Stock Exchange plunged as much as 4.59 ...

A race among Japan, Germany and France for an Australian government project to develop a next-generation submarine is becoming even fiercer. Canberra is expected to choose its partner for the project around the middle of this year. The Australian government plans to construct eight to 12 new submarines to replace ...

A senior Iranian official has cited Turkey as a “priority” in boosting trade relations in the aftermath of the removal of sanctions, proposing to establish a new economic plan for the development of overall economic ties

IT IS surely a promising sign for Terry Gou, the boss of Foxconn, that Japan’s largest business newspaper, the Nikkei, is reporting unflatteringly on his efforts to buy Sharp, a near-bankrupt electronics firm. At first the Innovation Network Corporation of Japan (INCJ), a government-backed fund, had seemed certain to snap ...

Grapes of governmental wrath THE region around Diyarbakir, in Turkey’s conservative south-east, has a long but faded tradition of wine production. “Suleiman”, an amateur oenologist from the city, dreams of reviving it. His biggest obstacle is not the renewed clashes between security forces and Kurdish insurgents, which are battering the region’s ...

AT FACE value, there is little sense in the $5.6 billion proposal by Foxconn, the world’s largest contract electronics manufacturer, owned by Hon Hai of Taiwan, to buy Sharp of Japan. It seems an extravagant price for a debt-laden firm that is bleeding red ink and squandered two previous bail-outs. ...

Subrata Roy smiles on through adversity FOR businessmen scrambling to raise money in a bid to stave off bankruptcy, conference rooms can feel like little more than gilded prison cells. Few will feel this more acutely than Subrata Roy, the boss of Sahara, an Indian conglomerate: over the past 23 months ...