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		<title>SS Rajamouli&#8217;s RRR becomes the highest-grossing Indian film in Japan</title>
		<link>https://thebusinessdaily.in/ss-rajamoulis-rrr-becomes-the-highest-grossing-indian-film-in-japan/</link>
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		<pubDate>Tue, 13 Dec 2022 13:31:43 +0000</pubDate>
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					<description><![CDATA[There is no stopping for SS Rajamouli&#8217;s RRR. It is creating a storm at the box office in every territory it entered since its release. ... <a title="SS Rajamouli&#8217;s RRR becomes the highest-grossing Indian film in Japan" class="read-more" href="https://thebusinessdaily.in/ss-rajamoulis-rrr-becomes-the-highest-grossing-indian-film-in-japan/" aria-label="More on SS Rajamouli&#8217;s RRR becomes the highest-grossing Indian film in Japan">Read more</a>]]></description>
			
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            </div><p><span style="font-weight: 400;">There is no stopping for SS Rajamouli&#8217;s RRR. It is creating a storm at the box office in every territory it entered since its release. After collecting more than 1000 crores in India, the film showed its prowess in the USA. The Hollywood folks were amazed by RRR and are currently rooting for it in the upcoming Oscars. Meanwhile, RRR was released in Japan in October this year. Rajamouli&#8217;s previous films Baahubali and Baahubali 2 did exceptionally well in Japan. Thus, there were high expectations around RRR as well. Living up to the hype, the movie opened in a massive way across Japan.</span></p>
<p><span style="font-weight: 400;">RRR became the highest-grossing Indian movie in Japan in less than two months after its debut. Now, it has surpassed Muthu, the 24-year-old record held by superstar Rajinikanth. RRR just earned 400 million Yen, which is equivalent to 24.10 crores of rupees, surpassing Muthu&#8217;s earnings of 23.50 crores. The movie continues to be popular throughout Japan. Jr. NTR and Ram Charan play the leading roles in the historical action drama RRR.</span></p>


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		<title>Japan adopts green growth plan to go carbon free by 2050</title>
		<link>https://thebusinessdaily.in/japan-adopts-green-growth-plan-to-go-carbon-free-by-2050/</link>
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		<dc:creator><![CDATA[The Business Daily]]></dc:creator>
		<pubDate>Sat, 26 Dec 2020 06:27:42 +0000</pubDate>
				<category><![CDATA[International]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Japan]]></category>
		<guid isPermaLink="false">http://www.thebusinessdaily.in/?p=2638</guid>

					<description><![CDATA[Japan aims to eliminate gasoline-powered vehicles in about 15 years, the government said Friday in a plan to achieve Prime Minister Yoshihide Suga&#8217;s ambitious pledge ... <a title="Japan adopts green growth plan to go carbon free by 2050" class="read-more" href="https://thebusinessdaily.in/japan-adopts-green-growth-plan-to-go-carbon-free-by-2050/" aria-label="More on Japan adopts green growth plan to go carbon free by 2050">Read more</a>]]></description>
			
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            </div><p>Japan aims to eliminate gasoline-powered vehicles in about 15 years, the government said Friday in a plan to achieve Prime Minister Yoshihide Suga&#8217;s ambitious pledge to go carbon free by 2050 and generate nearly USD 2 trillion growth in green business and investment.</p>
<p>The green growth strategy&#8221; urges utilities to bolster renewables and hydrogen while calling for auto industries to go carbon free by the mid-2030s.</p>
<p>Suga, in a policy speech in October, pledged to achieve net zero carbon emissions in 30 years. As the world faces an environmental challenge, green investment is an opportunity for growth not a burden, he said.</p>
<p>The strategy, which provides a roadmap to achieving the goals in different sectors, projected 30-50 per cent increase in electricity demand and called for a push to triple renewables in the country&#8217;s energy mix to about 50-60 per cent from the current level, while also maximizing use of nuclear power as a stable, clean source of energy.</p>
<p>But it was unclear if Suga has the political heft to overcome vested interests in weaning resource-poor Japan from its reliance on imported oil and gas.</p>
<p>The strategy identified 14 industries, such as offshore wind, hydrogen and fuel ammonia as well as autos and rechargeable batteries and roadmap for each sector.</p>
<p>The strategy shows an installation target for offshore wind power of up to 45 gigawatts by 2040.</p>
<p>Under the strategy, the government is also to provide tax incentives and other support to encourage investment into green technology, and projected an annual growth of 90 trillion yen (USD 870 billion) by 2030 and 190 trillion yen (USD 1.8 trillion) by 2050.</p>
<p>The government will offer tax incentives and other financial support to companies, such as a 2 trillion yen (USD 19 billion) green fund.</p>


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		<title>US, Australia, India, Japan to discuss China&#8217;s growing power</title>
		<link>https://thebusinessdaily.in/us-australia-india-japan-to-discuss-chinas-growing-power/</link>
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		<dc:creator><![CDATA[The Business Daily]]></dc:creator>
		<pubDate>Tue, 06 Oct 2020 04:32:07 +0000</pubDate>
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					<description><![CDATA[U.S. Secretary of State Mike Pompeo and his Japanese counterpart, Toshimitsu Motegi, said they will lead a regional initiative called “Free and Open Indo-Pacific&#8221; aimed ... <a title="US, Australia, India, Japan to discuss China&#8217;s growing power" class="read-more" href="https://thebusinessdaily.in/us-australia-india-japan-to-discuss-chinas-growing-power/" aria-label="More on US, Australia, India, Japan to discuss China&#8217;s growing power">Read more</a>]]></description>
			
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            </div><p>U.S. Secretary of State Mike Pompeo and his Japanese counterpart, Toshimitsu Motegi, said they will lead a regional initiative called “Free and Open Indo-Pacific&#8221; aimed at countering China&#8217;s growing assertiveness, a main issue they will discuss Tuesday with the top envoys from Australia and India.</p>
<p>The first in-person talks among the foreign ministers since the coronavirus pandemic began also brings together Australian Foreign Minister Marise Payne and Indian Minister of External Affairs Subrahmanyam Jaishankar.</p>
<p>Motegi, opening his working lunch with Pompeo ahead of the so-called Quad talks, said “I hope Japan and the U.S. will lead the international society to achieve the Free and Open Indo-Pacific.&#8221;</p>
<p>He also said the Japan-U.S. alliance continues to be “the cornerstone of peace and stability in the region” under new Prime Minister Yoshihide Suga who took office on Sept. 16, vowing to carry on his predecessor Shinzo Abe&#8217;s hawkish security and diplomatic stance.</p>
<p>Pompeo welcomed Suga&#8217;s recent description of the Free and Open Indo-Pacific as the foundation of regional peace and stability and that “I could not agree him more.”</p>
<p>On his way to Tokyo, Pompeo told reporters that the four countries hope to have some “significant achievements” at the meeting, but did not elaborate.</p>
<p>Japanese officials say they will discuss the impact of the coronavirus pandemic, as well as the Free and Open Indo-Pacific (FOIP) initiative for greater security and economic cooperation that Japan and the U.S. have been pushing to bring together “like-minded” countries that share concerns about China’s growing assertiveness and influence.</p>
<p>The talks come weeks ahead of the U.S. presidential election and amid tensions between the U.S. and China over the virus, trade, technology, Hong Kong, Taiwan and human rights. Pompeo is attending the Quad meeting, though he canceled subsequent planned visits to South Korea and Mongolia after President Donald Trump was hospitalized with COVID-19. The president was released Monday and returned to the White House.</p>
<p>The talks follow a recent flareup in tensions between China and India over their disputed Himalayan border. Relations between Australia and China have also deteriorated in recent months.</p>
<p>Japan, meanwhile, is concerned about China’s claim to the Japanese-controlled Senkaku Islands, called Diaoyu in China, in the East China Sea. Japan also considers China’s growing military activity to be a security threat. Japan’s annual defense policy paper in July accused China of unilaterally changing the status quo in the South China Sea, where it has built and militarized manmade islands and is assertively pressing its claim to virtually all of the sea’s key fisheries and waterways.</p>
<p>Suga, who had been chief Cabinet secretary under Abe, will make his in-person diplomatic debut as prime minister when he meets the Quad ministers. He will also hold separate talks with Pompeo on deepening the Japan-U.S. alliance and the FOIP.</p>
<p>“The world is possibly becoming even more unpredictable and uncontrollable due to heightening selfish nationalism and growing tension between the U.S. and China,” Suga told Japanese media on Monday. He said he will pursue diplomacy that is based on the Japan-U.S. alliance as a cornerstone and “strategically promote the FOIP,” while establishing stable relations with neighbors including China and Russia.</p>
<p>He said he also plans to promote the FOIP during a planned visit to Southeast Asia later this month.</p>
<p>Japan sees the FOIP as crucial to have access to sea lanes all the way to Middle East, a key source of oil for the resource-poor island nation.</p>
<p>Suga has little experience in diplomacy. Balancing between the U.S., Japan’s main security ally, and China, its top trading partner, will be tough, analysts say.</p>
<p>Japan hopes to regularize the Quad foreign ministers’ talks and broaden their cooperation with other countries. But each Quad member has its own political stance toward China and it would be difficult to agree on concrete steps even though they share perception of China as a common threat, analysts say.</p>
<p>Source: AP</p>


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