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India jumps 12 spots in WEF's global travel & tourism ranking

India has jumped 12 places to 40th rank globally in travel and tourism competitiveness list by World Economic Forum.

Five Indians in WEF's 2017 young global leaders list

Five Indians in WEF's 2017 young global leaders list

Five Indians, including Paytm Founder and CEO Vijay Shekhar Sharma and Shruti Shibulal of The Tamara Hospitality, have made it to the World Economic Forum's 100 Young Global Leaders list.

Enough funds for road building, orders worth Rs. five lakh crore signed, says Nitin Gadkari

Enough funds for road building, orders worth Rs. five lakh crore signed, says Nitin Gadkari

With the National Highway Authority of India having received a mandate from the Budget to raise Rs. 70,000 crore through infrastructure bonds and easy availability of low cost overseas loans for the AAA rated NHAI, the government`s road and highway building programme has enough cash to build the crucial infrastructure, Road Transport, Highway and Shipping Minister Nitin Gadkari has said.

Malnourished whale found beached in Norway had consumed 30 plastic bags; euthanized

Malnourished whale found beached in Norway had consumed 30 plastic bags; euthanized

 The whale was found with 30 plastic bags inside its stomach.

BRICS countries' NDB to double lending every year; staff count to increase: Kamath

BRICS countries' National Development Bank expects its lending to double every year over the next 2-3 years and is looking at leveraging its USD 10 billion capital in first 6-7 years, NDB President K V Kamath has said.

 

India a 'bright star', 'inward focus' on globalisation as WEF Annual Meet ends

India a 'bright star', 'inward focus' on globalisation as WEF Annual Meet ends

Amid rising uncertainties on political as well as economic fronts in different parts of the world, India continued to be seen as "bright star" even as clamour picked up momentum for speedier reforms and decision-making process to catch up with neighbouring China.

WEF 2017: World economy improving, but be wary of 'black swans'

As the annual talkfest of the rich and powerful from across the world reached its last day here, top economic leaders felt the global economy is improving though mostly on internal factors even as they warned of new 'black swan' events post elections in various countries.

India a bright star in 'sober' global outlook: Uday Kotak

India a bright star in 'sober' global outlook: Uday Kotak

As uncertainty grips the global economic outlook, ace banker Uday Kotak today said India has an opportunity to be a "bright star" in such a "sober" scenario and the medium term prospects for the country's economy looks good as long as it can focus on right things.

WEF 2017: Global leaders, economists turn to 'sweet spot' India, China to power economic growth

WEF 2017: Global leaders, economists turn to 'sweet spot' India, China to power economic growth

As leaders and economists debated the future of globalisation at WEF, the emerging narrative shifted to growth booster from Asia for the global economy amid darkening prospects for trade worldwide.

Modi government owed demonetisation to nation: Nirmala Sitharaman

The Modi government "owed" demonetisation to the nation and it had to do it to eradicate black money menace and to bring hoarded cash back into the banking system, Union Minister Nirmala Sitharaman said today.

Peace will return only after resolution of Kashmir issue: Raheel Sharif

Describing Kashmir as the unfinished agenda of Partition, Pakistan`s ex-Army chief General Raheel Sharif on Thursday said normalcy will return to the region only after the long-standing dispute is resolved.

WEF 2017: Gadkari promises to make India's own Davos

WEF 2017: Gadkari promises to make India's own Davos

As over 3,000 leaders from across the world huddle for their annual talkfest in this snow-capped Swiss ski resort town in sub-zero temperatures, senior union minister Nitin Gadkari has got a full city to take back home literally -- he wants to create India's own Davos in hilly terrains of Himalayas.

Colombia, ELN rebels agree to peace talks: President

The Colombian government and the country`s last active rebel group, the ELN, have reached a new agreement to launch formal peace talks, President Juan Manuel Santos said on Wednesday.

'Very friendly' investment destination India seeks to woo foreign investors at WEF meet

'Very friendly' investment destination India seeks to woo foreign investors at WEF meet

With the message of being a "very friendly" investment destination, India on Wednesday sought to woo foreign investors at the WEF annual meet where leaders pored over the benefits of globalisation amid concerns over the impact of automation on jobs worldwide.

Italian minister says Europe`s problem is Europe

Rome and Brussels have been discussing ways to avoid punitive measures against Italy.
 

Key to preparing for Fourth Industrial Revolution lies in technology: Ambani

Key to preparing for Fourth Industrial Revolution lies in technology: Ambani

Rapid technological change threatens to create a new swathe of have-nots and displaced digital refugees, and the solution to this lies in technologies themselves, leaders say.

WEF Davos 2017: World needs reality check, says Nirmala Sitharaman on capitalism debate

WEF Davos 2017: World needs reality check, says Nirmala Sitharaman on capitalism debate

As the global elite at WEF here debates whether the richest have benefited most from globalisation, Union Minister Nirmala Sitharaman on Wednesday said the world needs to do a "reality check" and asserted that India remains on track to grow its trade and economy faster.

Wealth creation must for wealth distribution to happen: Mukesh Ambani

Amid rising concerns about globalisation benefitting the world's richest more, India's wealthiest man Mukesh Ambani today favoured free market economy and said wealth creation should not be constrained as it is a precursor to the distribution of wealth.

'Consumers uneasy with immense size and power of big biz'

'Consumers uneasy with immense size and power of big biz'

With less than 10 percent public companies globally accounting for 80 percent of the entire corporate profits, business leaders including India's Sunil Mittal today acknowledged that consumers are increasingly becoming uneasy with the immense size and power of big firms.

Davos 2017: No one will win in a trade war, warns China's Xi Jinping

Davos 2017: No one will win in a trade war, warns China's Xi Jinping

Chinese President Xi Jinping presented himself as a champion of globalisation Tuesday, lecturing the world elite in Davos on the dangers of protectionism and the futility of trade wars.