News WrapGet Handpicked Stories from our editors directly to your mailbox

WEF Davos 2016

India among top six promising markets, but slips one notch

India features among top six for global executives when it comes to overall growth prospects over the next 12 months, but enthusiasm for investing in the country has dropped from three years ago, finds out a survey.

Jan 17, 2017, 12:36 PM IST

WEF meet begins today; over 100 people from India to attend

World's rich and powerful people, including over 100 from India, as well as government heads from the UK, China, Pakistan and Bangladesh will be in this Swiss ski resort for 5-day WEF Annual Meeting beginning on Moday to hold discussions on global economy and need for a 'responsive and responsible leadership'.

Jan 16, 2017, 11:03 AM IST

Eight men own half the world's wealth: Oxfam

Eight men own the same wealth as half the world's population, a level of inequality which "threatens to pull our societies apart", Oxfam said on Monday ahead of the World Economic Forum opening in Davos.

Jan 16, 2017, 09:56 AM IST

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.

Jan 26, 2016, 19:55 PM IST

We must add to Indian economy's credibility: Arun Jaitley

Urging private sector to give up caution and make investments, Finance Minister Arun Jaitley has said it has become absolutely imperative to add to the credibility of the Indian economy, with the world looking up to the country as a bright spot amid global headwinds.

Jan 24, 2016, 19:25 PM IST

WEF 2016: Davos Man seeks Davos Women

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

Jan 23, 2016, 23:58 PM IST

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.


Jan 23, 2016, 21:40 PM IST

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.

Jan 23, 2016, 21:15 PM IST

'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.

Jan 23, 2016, 20:29 PM IST

Davos 2016: Chinese economy won't see hard landing, says Lagarde

She also said the fourth industrial revolution currently underway would bring about a major change in the world and would require change in the way GDP is calculated.

Jan 23, 2016, 19:48 PM IST

Davos 2016: Business leaders cautiously optimistic on India's prospects

On the last day of the World Economic Forum (WEF) meet Saturday, Finance Minister Arun Jaitley said the reform process would continue unhindered and without any impact of political opposition.

Jan 23, 2016, 19:37 PM IST

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.


Jan 23, 2016, 17:49 PM IST

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.


Jan 23, 2016, 17:02 PM IST

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.

Jan 23, 2016, 16:51 PM IST

Don't forget society in name of shareholder value: Rajan to companies

Stating that the meaning of the maximising of shareholders' value has gone through a change, Rajan gave example of "a bunch of employees contributing a huge value to a firm", but the benefits of the value actually going to the shareholders.

Jan 22, 2016, 23:13 PM IST

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.


Jan 22, 2016, 22:14 PM IST

India roars back to Davos to seek overseas investment

India has finally taken on the mantle of the world`s fastest growing big economy; its equities and bonds are favourites with emerging market investors who are betting that growth will accelerate further.

Jan 22, 2016, 21:58 PM IST

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.

Jan 22, 2016, 20:25 PM IST

WEF 2016: India can stand out with reforms, planning, says FM Jaitley

India can stand out in the gloomy global economic situation with headwinds from China and the US if it continues with "reforms and responsible economic planning", Finance Minister Arun Jaitley Friday said expressing confidence that the country will prove its resilience.

Jan 22, 2016, 19:40 PM IST

EU is 'falling apart', George Soros warns

The European Union is "falling apart", American financier George Soros warned as part of wide-ranging remarks at the World Economic Forum in Davos, Switzerland, on Thursday.

Jan 22, 2016, 08:55 AM IST