Japan PM Shigeru Ishiba vows to stay on after bruising election defeat
Shigeru Ishiba
vowed to remain in his post on Monday after his ruling coalition suffered a bruising defeat in upper house elections, prompting some in his own party to doubt his leadership as the opposition weighed a no-confidence motion.
The embattled prime minister told a news conference he would remain in office to oversee tariff talks with the United States and other pressing matters, such as rising consumer prices that are straining the world's fourth-largest economy.
Explore courses from Top Institutes in
Select a Course Category
MCA
Technology
Others
PGDM
Healthcare
Design Thinking
Data Analytics
healthcare
Public Policy
others
Management
Finance
Operations Management
Project Management
Data Science
CXO
Cybersecurity
Degree
MBA
Leadership
Artificial Intelligence
Data Science
Product Management
Digital Marketing
Skills you'll gain:
Programming Proficiency
Data Handling & Analysis
Cybersecurity Awareness & Skills
Artificial Intelligence & Machine Learning
Duration:
24 Months
Vellore Institute of Technology
VIT Master of Computer Applications
Starts on
Aug 14, 2024
Get Details
"I will stay in office and do everything in my power to chart a path toward resolving these challenges," Ishiba said, adding that he intended to speak directly with US President
Donald Trump
as soon as possible and deliver tangible results. Analysts say his days may be numbered, however, having also lost control of the more powerful lower house in elections last year and shedding votes on Sunday to opposition parties pledging to cut taxes and tighten immigration policies.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Finally A Life Insurance Option Designed for Seniors 65+
Best Life Insurance
Learn More
Undo
"The political situation has become fluid and could lead to a leadership change or the reshuffling of the coalition in coming months," said Oxford Economics' lead
Japan
economist
Norihiro Yamaguchi
.
Investors fear Ishiba's administration will now be more beholden to opposition parties advocating for tax cuts and welfare spending that the world's most indebted country can ill afford.
Live Events
The 68-year-old leader said he had no plans to expand his coalition but would work with opposition parties to address voter concerns about inflation. He cautioned, though, that tax changes would not deliver the immediate help households need. Markets in Japan were closed for a holiday on Monday, although the yen strengthened and
Nikkei futures
rose slightly, as the election results appeared to be priced in.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
19 minutes ago
- Time of India
EC begins special training for BLOs in Bengal
1 2 Kolkata: A special training for booth level officers (BLOs) has kicked off in Bengal, the Election Commission said on Friday. Nearly 900 BLOs would attend the training at the city's Mahajati Sadan on Saturday, an official said, highlighting how such sessions have never been held in Bengal. Trinamool questioned the timing of these special training sessions, asking whether they were linked to any special intensive revision (SIR) of voter rolls in Bengal. Bengal chief electoral officer (CEO) Manoj Agarwal said: "SIR is not our domain. It will be decided by ECI. But booth level officers are critical to holding elections and election-related tasks. They are involved in all pre-poll processes. Such training sessions were never held before." You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata These trainings were first held in Delhi and nearly 1,000 BLOs from the state attended them, Agarwal said. "It began in Bengal on Thursday with Malda and, on Friday, it was done in East Burdwan. Four districts are being covered. Three BLOs from every constituency are taking part in this. After Kolkata, we have such programmes in Midnapore and Jalpaiguri," he added. TMC has threatened to launch statewide protests, including at Nirvachan Sadan in Delhi, if Bengal voters are struck off rolls on grounds of (absence of) additional documents. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Remember Tiger's Ex-Wife? Try Not To Smile When You See Her Now Paperela Undo BJP has demanded a Bihar-like SIR rollout in Bengal. The unease started with the commission asking Bengal govt to provide more "administrative and financial autonomy" to the state's chief electoral officer, requesting it to carve out a separate "election department" and give it a "separate budget". The EC also asked the state to quickly fill up vacant senior officers' posts in the CEO's office ahead of the 2026 assembly polls. A source said Bengal govt has recommended nine names against three vacant posts for the EC to choose from. For the post of additional CEO, the state has proposed the names of Sudip Mitra, special secretary in the personnel and administrative reforms department, Sujay Sarkar, special secretary, Bidhannagar Municipal Corporation, and panchayat department additional secretary Sudip Sarkar. For the post of joint CEO, the names of Samyajit Debnath, secretary of Staff Selection Commission, Bahnisikha De, additional secretary in the health department, and Arundhuti Bhowmick, additional secretary in the MSME department, have been proposed. For deputy CEO, the state has proposed the names of Ranjan Chakraborty, deputy secretary in the power department, Priyaranjan Das, deputy secretary of PWD, and Rajib Mondal, land manager, Bidhannagar, urban development department.
Time of India
19 minutes ago
- Time of India
Belagavi-Bengaluru Vande Bharat: Railway min repeats assurances, but no timeline yet
Belagavi: Yet again, railway minister Ashwini Vaishnaw has assured that the Belagavi–Bengaluru Vande Bharat Express will be launched "at the earliest," without offering a definite timeline, much to the growing frustration of Belagavi residents. The minister repeated his assurance during the visit of Rajya Sabha member Iranna Kadadi, along with Union minister Pralhad Joshi and minister of railways for the state V Somanna, in New Delhi on Thursday, to follow up on the long-pending demand for the train. "The permission was already granted. We are waiting for the availability of coaches. The train will commence operations as soon as they are allocated," Vaishnaw stated, according to Kadadi. However, repeated assurances without concrete action have left citizens disillusioned. On May 6, Union minister Pralhad Joshi officially announced the sanction of a dedicated Vande Bharat Express between Belagavi and Bengaluru after consultations with the railway minister. Since then, MPs including Jagadish Shettar and Iranna Kadadi have made multiple representations to the ministry, but each time the response has remained the same. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Remember Him? Sit Down Before You See What He Looks Like Now 33 Bridges Undo by Taboola by Taboola In Nov 2023, the Railways successfully conducted a trial run of an 8-coach Vande Bharat train between Dharwad and Belagavi. At the beginning of 2024, officials proposed extending the existing Bengaluru–Dharwad service to Belagavi. In May 2025, the railway ministry announced a dedicated train service instead, which was widely welcomed by the public. Despite the excitement and public celebrations that followed, more than two months have passed since the announcement, and there is still no confirmed date for the launch. In response to mounting public pressure, Belagavi's elected representatives continue to pursue the matter with the railway minister, but there no official guarantee or schedule has been given by the ministry. Meanwhile, Kadadi said the railway minister also assured that the Belagavi–Miraj special train will be converted into a regular passenger service within a month. In a public statement, he added that Vaishnaw also promised to personally visit Ghataprabha railway station following complaints of poor-quality construction work there.
Time of India
20 minutes ago
- Time of India
Metro installing energy efficient lifts, escalators
1 2 3 4 Kanpur: The Kanpur Metro Rail Project's Corridor-1 (IIT to Naubasta) was extended from IIT Kanpur to Kanpur Central in two phases. Now, preparations are in full swing for the third phase to further extend services up to Naubasta. As part of this phase, installation work of lifts and escalators is progressing swiftly at seven stations between Kanpur Central and Naubasta, namely Jhakarkati, Transport Nagar, Baradevi, Kidwai Nagar, Basant Vihar, Baudh Nagar, and Naubasta. Among these, Jhakarkati and Transport Nagar are underground stations, while the remaining five--Baradevi, Kidwai Nagar, Basant Vihar, Baudh Nagar, and Naubasta--are elevated. Notably, all lifts and escalators being installed at these stations are being manufactured in India under the 'Make in India' initiative. As part of the balance section of Corridor-1 (Kanpur Central to Naubasta), a total of 23 escalators and 26 lifts are being installed to facilitate passenger movement from station entry points to the concourse level and from the concourse to the platform level. The installation work is already underway. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 20 Signs That A Heart Attack Is Imminent Learn It Wise Undo Each underground station will have 3 lifts and 4 escalators, while each elevated station will be equipped with 4 lifts and 3 escalators. So far, 11 out of the planned 23 escalators and 10 out of the 26 lifts were installed across all seven stations. Load testing is also being conducted alongside the installation of these systems. All lifts and escalators being used in the Kanpur Metro project were manufactured in Chennai, India under the 'Make in India' initiative. A key feature of these systems is their eco-friendliness. The lifts use regenerative braking technology that helps conserve energy. The smart escalators are designed to automatically pause when not in use for a certain period, further supporting energy conservation. From a safety standpoint, each escalator is equipped with three emergency stop buttons for quick shutdown in case of emergencies. These escalators also provide automatic announcements advising passengers to hold the handrail for their safety. Managing director of Uttar Pradesh Metro Rail Corporation Ltd. (UPMRC), Sushil Kumar, said, "Kanpur Metro team is fully committed to extending passenger services from Kanpur Central to Naubasta. To optimise time, system installations are being carried out in parallel with civil construction at all stations. All lifts and escalators installed are being manufactured domestically under the 'Make in India' initiative. Our entire team and contracting agencies are working with strong determination and meticulous planning to achieve our goal."
