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Takaichi on course to be first female Japanese PM

She was elected ruling party's leader

by Blitz India Media
October 10, 2025
in world
0
Takaichi on course to be first female Japanese PM
Blitz Bureau

NEW DELHI: JAPAN’S former Economic Security Minister Sanae Takaichi was elected leader of Japan’s ruling Liberal Democratic Party (LDP) in a vote on October 4. She is set to become the first female Prime Minister of Japan on October 15.

Takaichi received 185 votes, while Koizumi garnered 156 in a runoff after none of the five candidates in the party leadership race secured a majority in the initial round of voting, according to local media reports.

In the first round of the election, Takaichi secured the lead with a total of 183 votes, which included 64 from party lawmakers and 119 from rankand-file members. Koizumi followed closely behind with 164 votes, The Japan Times, reported. Along with Sanae Takaichi, the contenders were former LDP Secretary-General Toshimitsu Motegi, Chief Cabinet Secretary Yoshimasa Hayashi, Agriculture Minister Shinjiro Koizumi, and Takayuki Kobayashi.

All five also ran in last year’s election, which saw a record nine candidates.

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October 13, 2026
0

New Delhi, 13 October: Hockey India on Tuesday announced the Indian men’s squad for the Asian Champions Trophy Punjab 2026,...

Read moreDetails
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New Delhi, 13 October : India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said. The report from data intelligence platform Tracxn Technologies Limited said funding rounds dipped from 260 to 153, adding that the funding was concentrated in a smaller number of large late‑stage rounds, with five mega‑rounds of $100 million or more accounting for $1.1 billion or 48 per cent of total capital. The report said in the first nine months of 2026, digital lending and payments topped the category rankings, while Bengaluru accounts for over three-fifths of all capital raised. On the exit side, IPOs saw a 50 per cent uptick while overall acquisitions slowed. As many as 30 companies raised their first funding round, down 49 per cent from 59 in the previous year. Series A and later rounds totalled 77, down 31 per cent from 112. Late-stage funding (Series C+, PE, and pre-IPO) led the mix, rising 95 per cent to $1.5 billion in the first nine months of 2026 — up from $751 million during the same period in the previous year. This capital surge pushed late-stage investments to 67 per cent of total market funding, the report noted. Earlier stages experienced contractions in capital and deal counts. Early-stage funding fell 33 per cent to $668 million across 52 rounds, compared to $1 billion across 82 rounds in nine months of 2025. Seed funding fell 57 per cent to $73.8 million across 76 rounds, down from $173 million across 148 rounds. New unicorns crossed the billion-dollar threshold in an average of 7.1 years after their Series A funding. Moreover, the industry saw 3 IPOs in nine months of 2026, up 50 per cent from 2 in the previous year, alongside 11 acquisitions, down 45 per cent from 20.

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