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WEF 2015

India slips to 89th rank on global talent competitiveness

Reflecting an acute shortage of skilled labour force and difficult business conditions, India has slipped 11 places to rank 89th on a global index of talent competitiveness, a list which has been topped by Switzerland.


Jan 19, 2016, 18:05 PM IST

India story generates huge interest as WEF meet ends

India emerged as one of the bright spots in an otherwise sluggish global economic outlook, while the country's political and business leadership put up a strong show after a gap of two years.

Jan 24, 2015, 23:01 PM IST

WTO members discuss way forward to resolve global trade issues

More than 21 WTO members, including China and the US, have expressed their readiness to engage constructively for a clearly defined work programme by July to address remaining Doha issues.

Jan 24, 2015, 21:08 PM IST

Japan to host WEF special meeting in October 2016

Japan will host World Economic Forum's special meeting scheduled to be held in October 2016.

Jan 24, 2015, 20:29 PM IST

Global economy faces 'new mediocre risk' in 2015: IMF

Terming 2015 as a make or break year, IMF chief Christine Lagarde Saturday said the global economy faces the risk of getting stuck in a 'new mediocre' or a prolonged period of slow growth and feeble job creation.

Jan 24, 2015, 20:19 PM IST

Maharashtra to be most attractive biz destination in India: Devendra Fadnavis

Looking to attract foreign investors to Maharashtra, Chief Minister Devendra Fadnavis has promised them easier business environment and faster clearances as he works towards making his state the most preferred destination within India for investors.

Jan 24, 2015, 18:24 PM IST

Mukesh Ambani, Anand Mahindra among those who give WEF a miss

As the WEF summit draws to a close Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.

Jan 24, 2015, 17:11 PM IST

Lives of poor people are expected to improve faster: Bill Gates

The lives of people in poor countries is expected to improve faster in the next 15 years as innovation and technology drives optimism for a sustainable future, says leading philanthropist Bill Gates.

Jan 24, 2015, 17:03 PM IST

Davos bosses fret over threats to Internet free trade

Business leaders pushing for frictionless free trade have something new to worry about: the potential break-up of the Internet, which today forms the backbone of the global economy.

Jan 23, 2015, 23:03 PM IST

Mood extraordinarily upbeat about India: Tech Mahindra CEO

With Indian government making efforts to attract investments and improve ease of doing business, the mood is "extraordinarily upbeat" about India among global CEOs and top leaders at the World Economic Forum, says Tech Mahindra chief C P Gurnani.

Jan 23, 2015, 22:59 PM IST

John Kerry calls for global collaboration to fight terror

Calling on the world to join hands to defeat terror groups, US Secretary of State John Kerry Friday said this fight would ultimately be decided in classrooms and not in battlefields, as he recalled Mumbai while listing out places where terror strikes have taken place since 9/11.

Jan 23, 2015, 22:41 PM IST

Low oil prices can help cut energy subsidies worth $2 trn: IMF

With oil prices touching "rock bottom", there is an opportunity for countries to cut energy subsidies worth USD 2 trillion, International Monetary Fund's chief Christine Lagarde said Friday.

Jan 23, 2015, 22:18 PM IST

193 'protesting snowmen' catch attention of WEF delegates

Campaigners at the WEF in Davos have created a field of 193 "protesting snowmen", each representing a nation, to demand action on poverty, inequality and climate change.

Jan 23, 2015, 22:03 PM IST

'$18 trillion unaccounted black money stashed in tax havens'

A staggering USD 18 trillion worth unaccounted money is stashed in tax havens and ploughing back that amount into the global economy can help lift people from poverty, says Oxfam.

Jan 23, 2015, 20:49 PM IST

Jack Ma wants Alibaba to surpass Walmart in 10 years

Looking to provide a platform to millions of small businesses globally, Alibaba's founder Jack Ma wants his e-commerce company to surpass brick-and-mortar retail giant Walmart in sales in next 10 years.

Jan 23, 2015, 20:47 PM IST

WEF gets formal status in Switzerland as int'l institution

The World Economic Forum (WEF) Friday gained a 'formal status' in Switzerland, confirming the role of non-profit organisation as an international institution for public-private cooperation.

Jan 23, 2015, 20:44 PM IST

Robust growth should have large impact on the poor: World Bank

Emphasising that policies need to be "people centric", top officials of global agencies Friday said that robust growth should have a large impact on the poor and help in eradicating poverty.

Jan 23, 2015, 18:43 PM IST

Who's afraid of China's economy slowing? Not Alibaba's Jack Ma

Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn`t worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland.

Jan 23, 2015, 18:39 PM IST

REITs will be 'booster rocket' for investments: JLL India chief

The real estate investment trusts will be a "booster rocket" for investments coming into the country and realty players are awaiting more clarity on the proposed new instrument, according to JLL India's Chairman and Country Head Anuj Hari.

Jan 23, 2015, 16:49 PM IST

Chinese economy not heading for 'hard landing': Li Keqiang

Addressing a gathering at the World Economic Forum (WEF) here, he asserted that China would continue to move on the path of reforms and encouraging innovation.

Jan 22, 2015, 00:45 AM IST