World Economic Forum

India Drops 10 Places To 68th On Global Competitiveness Index; Singapore Replaces US At Top

India News | Press Trust of India | Wednesday October 9, 2019

India has moved down 10 places to rank 68th on an annual global competitiveness index, largely due to improvements witnessed by several other economies, while Singapore has replaced the US as the world's most competitive economy.

Trade Wars Lose US Its Competitiveness Top Spot: World Economic Forum

World News | Agence France-Presse | Wednesday October 9, 2019

The United States fell to second place behind Singapore in the World Economic Forum's flagship Global Competitiveness Report, with the slippage linked in part to President Donald Trump's trade wars.

"Entire Neighbourhood, Minus One...": Foreign Minister's Jab At Pakistan

India News | Press Trust of India | Friday October 4, 2019

The entire South Asian neighbourhood, minus one, has been a fairly good story for regional cooperation, Foreign Minister S Jaishankar said today, in an oblique reference to Pakistan.

"Told Cook To Not Use Onions": Sheikh Hasina Jokes On India's Export Ban

India News | Edited by Chandrashekar Srinivasan | Friday October 4, 2019

Bangladesh Prime Minister Sheikh Hasina today joked about the difficulty in procuring a supply of onions, both for herself and for her country, after India, the world's biggest seller of the vegetable, banned exports last month

"India's Has Been A Dramatic Rise," Says World Economic Forum Chief

India News | Press Trust of India | Thursday October 3, 2019

Steered by a decisive leadership, India now has a significantly enlarged global profile and the stage is set for the country to realise its vision of becoming a USD 5-trillion economy in the next five years and USD 10-trillion economy in the next decade-and-a-half, according to the president of World Economic Forum.

India Is Looking to Create Its Own Davos for Bigger Global Role

India News | Bibhudatta Pradhan, Bloomberg | Friday July 5, 2019

India is contemplating organizing an annual global investors' meet in the country, akin to the World Economic Forum in the alpine resort of Davos, to carve out a bigger global role for itself.

Move On From Khashoggi, Let's Do Business: Saudi Executives Land In Davos

World News | Reuters | Thursday January 24, 2019

If you somehow missed the news about the killing of journalist Jamal Khashoggi by Saudi agents and the global outcry that ensued, you might think Saudi Arabia is the darling of the World Economic Forum in Davos.

Facebook COO Sheryl Sandberg Says Social Network Must Earn Back Trust

Reuters | Thursday January 24, 2019

Sandberg was speaking at an interview hosted by German newspaper Die Zeit and UK law firm CMS at the World Economic Forum in Davos, Switzerland.

Carlos Ghosn Resigns From Renault

World News | Reuters | Thursday January 24, 2019

Carlos Ghosn has resigned from French carmaker Renault, French finance minister Bruno Le Maire told Bloomberg Television in an interview at the World Economic Forum in Davos.

India, China Affecting World Economy Much More Today: Angela Merkel

World News | Press Trust of India | Thursday January 24, 2019

German Chancellor Angela Merkel on Wednesday said countries like India and China have begun affecting the world economy much more today and that needs to be taken into account for having a relook at the global trade and financial systems.

China, US Mutually Indispensable: Beijing Official At Davos Summit

World News | Agence France-Presse | Wednesday January 23, 2019

China and the United States cannot do without one another, one of Beijing's most senior officials said Wednesday, as the world's two biggest economies struggle to end a damaging trade war.

Prince William Turns Interviewer In Davos With TV Naturalist Attenborough

World News | Reuters | Wednesday January 23, 2019

Britain's Prince William turned interviewer at the World Economic Forum in Davos on Tuesday, quizzing TV naturalist David Attenborough on what he called world leaders' "faltering" steps to tackle environmental challenges.

Amid Climate Change Worries, Davos Elites Still Prefer Private Jets: Report

World News | Agence France-Presse | Tuesday January 22, 2019

Davos 2019: The Davos elite say they are more worried than ever about climate change. But that isn't stopping them chartering private jets in record numbers.

Davos Elites Face Urgent Warnings On Populist Rage, Economic Uncertainty

World News | Agence France-Presse | Wednesday January 23, 2019

Global elites descending on Davos for the World Economic Forum faced urgent warnings from Oxfam and the IMF on Monday that the international economy is at risk, as swelling inequality stokes public anger.

Indian Billionaires' Wealth Grew By Rs 2,200 Crore Daily In 2018: Report

India News | Indo-Asian News Service | Monday January 21, 2019

The fortunes of Indian billionaires grew by an astronomical 35 per cent per day last year, or by Rs 2,200 crore daily, while the poorest 10 per cent of the country have continued to remain in debt since 2004, according to an Oxfam report released today.