Indian economy on a temporary slowdown, expected to pick up soon: IMF chief Kristalina Georgieva
Davos/IBNS: IMF chief Kristalina Georgieva on Friday said India's economic slowdown seemed temporary and the growth momentum is likely to pick up in future, media reported.
World Economic Forum announces Global Consortium for Digital Currency Governance
Davos/IBNS: Following extensive consultation with the global community, the World Economic Forum announced today the Global Consortium for Digital Currency Governance. Digital currencies are often cited as a tool for financial inclusion, but this opportunity can be realized only when paired with good governance.
London/IBNS: Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms compared to its long-term average of a 21st century average of 3.8% per year, according to new projections by PwC.
Zomato acquires Uber Eats India
New Delhi/IBNS: Uber Eats on Tuesday announced that food delivery and restaurant discovery startup Zomato has acquired its Indian business.
Wait for gender equality gets longer as women’s share of workforce, politics drops: WEF
Geneva, Switzerland, Dec 19 (IBNS): Stagnation in the proportion of women in the workplace and women’s declining representation in politics, coupled with greater inequality in access to health and education, offset improvements in wage equality and the number of women in professional positions, leaving the global gender gap only slightly reduced in 2018. This is according to the Forum’s Global Gender Gap Report 2018, published on Tuesday.