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India
Budget 2016: India poised to become a roaring tiger, says Arundhati Bhattacharya
The idea of digitising all educational certificates is a novel way to bring more transparency to the education sector and a great enabler for employment.
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India
India needs to sustain growth amid global slowdown: Arun Jaitley
The government has targeted reducing the fiscal deficit to 3.9% of GDP in the current financial year
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Giappone
Abe setting up panel to debate extra budget before G-7 summit
Prime Minister Shinzo Abe will convene an advisory panel to consider an extra budget for the coming fiscal year, sources said days after the Group of 20 nations urged more fiscal spending to support the ailing global economy. Abe announced the plan Tuesday, saying the panel would help him prepare ...
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Giappone Australia
Toshiba reportedly mulling battery plant in Australia as Japan seeks sub deal
The government has enlisted Toshiba Corp. to help it try to win Asia’s biggest defense contract, a $36 billion deal to build a dozen submarines for Australia, three sources said. Toshiba is considering building a factory in Australia to make lithium-ion batteries to power the vessels, according to the sources, ...
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Giappone
GPIF scored ¥4.7 trillion investment profit in October-December
The Government Pension Investment Fund said it posted an investment profit of ¥4.73 trillion in October-December, swinging from a record loss in the previous quarter. The GPIF marked an investment return of 3.56 percent in the third quarter of fiscal 2015 thanks to rebounds in stock prices in Japan and ...
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Giappone
Dollar around ¥113 in late Tokyo after shedding losses
The dollar was around ¥113 in Tokyo trading late Tuesday after shedding earlier losses, backed by Japanese stocks’ resilience. At 5 p.m., the dollar stood at ¥112.95-95, little changed from ¥112.99-113.00 at the same time Monday. The euro was at $1.0875-876, down from $1.0956-0957, and at ¥122.85-86, down from ¥123.79-81. ...
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Giappone
Buybacks help push Tokyo stocks up
Stocks wiped out earlier losses to close higher on the Tokyo Stock Exchange on Tuesday, supported by buybacks on the back of a pause in the yen’s rise. The 225-issue Nikkei average gained 58.75 points, or 0.37 percent, to finish at 16,085.51. On Friday, the key market gauge lost 161.65 ...
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Giappone
Japan’s household spending falls for fifth straight month in January
Household spending dropped for the fifth straight month in January, falling an inflation-adjusted 3.1 percent from a year earlier due to unusually warm weather, the government said Tuesday. Average monthly household spending in January totaled ¥280,973, according to data released by the Internal Affairs and Communications Ministry. The ministry maintained ...
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Giappone
Unemployment rate fell to 3.2% in January
Japan’s unemployment rate in January registered its lowest level in three months, falling to 3.2 percent from 3.3 percent the previous month and reflecting a continuation of the tight labor market, the government said Tuesday. Separate data showed the country’s job availability improved to 1.28 in January, hitting its strongest ...
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Giappone
Job-hunting season kicks off for university students in Japan
Amid a lingering labor shortage at Japanese companies, the job-hunting season for university students due to graduate next spring began Tuesday, with company information sessions being held nationwide. Experts said that as many companies are showing a willingness to hire, students will benefit from what is presently a seller’s market. ...