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World Bank for creating $50 billion 'green bond' market

Last Updated: Saturday, January 25, 2014, 20:48

Underlining the need for urgent action to tackle climate change, World Bank chief Jim Yong Kim on Saturday called for developing a USD 50-billion green bond market by 2015.

WEF 2014: Indian business leaders cautiously optimistic at Davos

Last Updated: Saturday, January 25, 2014, 19:55

Diversified group Mahindra & Mahindra's senior executive Pawan Goenka said: "There is enough optimism about India. Therefore, I don't think that India story is dead at Davos".

Growth in Europe remains fragile, says ECB chief Draghi

Last Updated: Saturday, January 25, 2014, 18:47

With economic growth remaining fragile, European countries cannot afford to relax their efforts towards implementing structural reforms, according to ECB chief Mario Draghi.

BRICS economies grappling with midlife crisis: Roubini

Last Updated: Saturday, January 25, 2014, 18:39

The economist said in the World Economic Forum blog that China grew at a rate of over 10 percent for 30 years but its growth rate has now slowed to around 7 percent, and it may fall further.

India growth story looks better this year, says Uday Kotak

Last Updated: Saturday, January 25, 2014, 18:19

The Indian story is looking better this year but it is nowhere close to the exuberance seen at the World Economic Forum meet a few years ago, prominent banker Uday Kotak said Saturday.

Fear of China 'hard landing' stalks Davos

Last Updated: Friday, January 24, 2014, 21:33

The risk of a hard landing for the economy in China as well as the threat of military conflict with Japan stoked fears at the World Economic Forum in Davos Friday.

Central bankers at Davos brush off stimulus dangers

Last Updated: Friday, January 24, 2014, 19:45

Fears of economic instability due to the slowing of massive monetary stimulus policies are unwarranted, top central bankers said Friday, amid accusations that the easy money has won only a timid recovery.

Circular economy can generate $1 trillion annually: Report

Last Updated: Friday, January 24, 2014, 19:35

A shift towards a circular model of growth, will have huge potential for innovation, job creation and economic expansion, and is expected to generate USD 1 trillion a year for the global economy, says a report.

OECD chief asks nations to phase out fossil fuel subsidies

Last Updated: Friday, January 24, 2014, 19:02

Countries should work towards phasing out fossil fuel subsidies worth billions of dollars every year that encourage carbon emissions, the chief of OECD, a grouping of mostly developed nations, Angel Gurria said Friday.

PepsiCo shifts from 'fun-filled' to healthy products: Nooyi

Last Updated: Friday, January 24, 2014, 18:35

With consumers going the healthy way, PepsiCo decided to transform its portfolio from 'fun-filled' to 'good-filled' products, the beverages major's chief Indra Nooyi said Friday.

WEF 2014: UK proud of Indian investments driving JLR success, says Cameron

Last Updated: Friday, January 24, 2014, 16:53

Pitching Britain as an attractive destination for investors, Prime Minister David Cameron on Friday said he was proud that Indian investments were driving the success story of Jaguar Land Rover.

AAP surge just a localised storm, says Anand Sharma

Last Updated: Friday, January 24, 2014, 16:17

Terming the Aam Aadmi Party's upsurge in Delhi a "localised storm", Union Minister Anand Sharma has said it was following a populist agenda that was pushing the society towards anarchy.