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Another 170 years before women are paid as much as men: Gender gap index

Another 170 years before women are paid as much as men: Gender gap index

Efforts to close gender gaps in pay and workforce participation slowed so dramatically in the past year that men and women may not reach economic equality for another 170 years, the World Economic Forum said on Tuesday.

Economic gap between women and men could take 170 years to close: WEF

Economic gap between women and men could take 170 years to close: WEF

The economic gender gap could take 170 years to close after progress towards parity between the sexes suffered "a dramatic slowdown", the World Economic Forum (WEF) said in a report on Wednesday.

FDI increase needs to translate into jobs: Nirmala Sitharaman

FDI increase needs to translate into jobs: Nirmala Sitharaman

Commerce Minister Nirmala Sitharaman on Thursday lauded the increase in foreign direct investment (FDI) in India but said it will be meaningful only when it translates into increased job creation.

Bad loans, lack of infrastructure, ICT hurdles hurt India's competitiveness: WEF

Huge bad loans, lack of infrastructure and stagnating performance on technological readiness are among the major drags on India's global competitiveness, with even Bangladesh and Sri Lanka outscoring India on some parameters, says a WEF survey.

Global Competitiveness Index ranking: India jumps 16 places, highest for any economy

Global Competitiveness Index ranking: India jumps 16 places, highest for any economy

The jump of 16 places for India from last year's 55th place is the highest for any economy this year. India is also the second-most competitive among BRICS nations behind neighbouring China, which is ranked at the 28th position.

India ranks low at 105th on human capital index, Finland tops

India ranks low at 105th on human capital index, Finland tops

India was Wednesday ranked low at 105th position globally on a worldwide Human Capital Index, which measures countries' ability to nurture, develop and deploy talent for economic growth and was topped by Finland.

'Much needs to be done to propel India's global standing'

India's business environment has improved but much more needs to be done across dimensions such as land acquisition, dispute resolution and procurement process to propel its global standing, says a report.

IT sector jobs to remain stable at least till 2020: Prasad

Jobs in the Indian IT sector are likely to remain stable at least till 2020 as per a report from World Economic Forum, Parliament was informed on Friday.

Raghuram Rajan joins WEF task force on global financial system

Raghuram Rajan joins WEF task force on global financial system

Reserve Bank Governor Raghuram Rajan has joined a task force of the World Economic Forum (WEF) to study the future of global financial system, whose members include bankers and policymakers from across the world.

WEF 2016: Davos Man seeks Davos Women

WEF 2016: Davos Man seeks Davos Women

The 44-year-old used a quota to achieve a gender-balanced cabinet.

India at Davos 2016 (Pics)

India at Davos 2016

WEF meet 2016 ends; raises concerns over China, terror & refugees

WEF meet 2016 ends; raises concerns over China, terror & refugees

The 5-day annual jamboree of the world's rich and powerful came to a close in this Alpine resort Saturday, with leaders raising concerns about economic headwinds from China, geo-political risks arising from the refugee crisis in Europe and terror attacks in various parts of the world.

 

Hinduja asks businesses to diversify to tackle global shock

Hinduja asks businesses to diversify to tackle global shock

Stating that he remains optimistic about Indian as well as the global economy, the Co-chairman of diversified Hinduja Group called for the Indian policymakers to grab the opportunity to grow faster in the wake of prevailing problems in other markets, including China.

'CEOs should turn away from short-term thinking'

'CEOs should turn away from short-term thinking'

Chief executives need to move away from short-term thinking and take bold measures to promote diversity, according to leaders gathered at the WEF annual meet.

Davos 2016: Ease of doing business still work in progress, says FM Jaitley

Davos 2016: Ease of doing business still work in progress, says FM Jaitley

Jaitley also said the political opposition is unlikely to obstruct the reform process, including on the direct and indirect tax reforms, and he was hopeful about the GST getting through as well which is one of the few reforms that has been held up.

 

Internet's openness, dynamism at risk: WEF report

Internet's openness, dynamism at risk: WEF report

There has been a growing concern that the Internet may be in danger of splintering into a series of bordered cyberspace segments, according to a new report by the World Economic Forum.

 

Davos 2016: India has chance to cement 'bright spot' status, says Vedanta chief

Davos 2016: India has chance to cement 'bright spot' status, says Vedanta chief

Referring to Finance Minister Arun Jaitley's statement here at WEF that "any economy needs multiple engines of growth", Agarwal said it is now becoming increasingly clear that services alone cannot drive India.

Internet's openness, dynamism at risk: WEF report

Internet's openness, dynamism at risk: WEF report

The issues that dominated the discussion include emerging fragmentation of the Internet, along multiple lines, due to developments in technical, governmental and commercial realm.

India taking steps to address infrastructure woes: FM Jaitley

India taking steps to address infrastructure woes: FM Jaitley

Emphasising that India is taking steps to address problems in the infrastructure sector, Finance Minister Arun Jaitley on Friday said multiple institutions are required to meet the funding requirements in this space.

 

Davos 2016: RBI expected to remain accommodative, says Chanda Kochhar

Davos 2016: RBI expected to remain accommodative, says Chanda Kochhar

The Reserve Bank of India has reduced repo rate by 125 basis points in about past one year, but demands continue to mount for further cuts to stimulate economy.