World Economic Forum President Borge Brende expects India will mark 8 percent growth this year
World Economic Forum President Borge Brende feels India will witness an 8 percent growth this year.
Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released today, as the global economy continues to grapple with headwinds from tight financial conditions, geopolitical rifts and rapid advances in generative artificial intelligence (AI).
India will continue to allow wheat export to countries in need: Piyush Goyal in Davos
New Delhi/IBNS: India will continue to allow wheat export to countries in serious need, are friendly and have a letter of credit, Union Minister Piyush Goyal said while speaking at the World Economic Forum at Davos, Switzerland.
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.
WEF: Regional outlooks for 2020 show signs of promise for trade, stronger economies
Davos-Klosters, Switzerland, 21 January 2020 – On the first day of the World Economic Annual Forum Meeting 2020, leaders reported on their regions’ respective strategic outlooks, highlighting cooperation to improve trade and economic growth.
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.
Viet Nam prepares for success in fourth industrial revolution with World Economic Forum
Davos-Klosters/IBNS: Over the past three years, the Government of Viet Nam has partnered with the World Economic Forum to identify, assess and greenlight areas of improvement for the country’s economy. By the end of the Country Partnership, Viet Nam’s score on the Global Competitiveness Index rose from 51 out of 100 in 2017 to 62 out of 100 in 2019.
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.
India falls 10 places to rank 68 in Global Competitive Index
Geneva: India has slipped 10 places in the Global Competitive Index to occupy 68th position out of 141 countries surveyed by the rankings.
New report traces hidden connection between food loss, hunger, consumer demand and climate change
Davos, Jan 23 (IBNS): While food security is a global issue, its impacts are all too often hidden.
Davos, Jan 23 (IBNS): An initiative aimed at helping civil society prepare for transformation caused by the Fourth Industrial Revolution was launched today by the World Economic Forum.
World Economic Forum to set up centre in Mumbai
Mumbai, Jan 23 (IBNS): The World Economic Forum on Tuesday announced an establishment of a new centre in Mumbai, India, in partnership with Reliance Industries.
World Economic Forum, South African Government launch push to Bridge Digital Divide
Durban, South Africa, May 3 (IBNS): The World Economic Forum, in partnership with the Government of South Africa, will this week announce the launch of a new platform project called South Africa Internet for All, which aims to bring millions of South Africans, including those in rural areas, onto the internet for the first time through new models of public-private collaboration. Currently, according to the International Telecommunications Union, 52% of South Africans use the internet.
Leadership, inclusiveness to take centre stage at 27th World Economic Forum on Africa
Johannesburg, South Africa, Apr 28 (IBNS): Africa’s imperative to generate truly inclusive economic growth that provides everyone with the same opportunity to prosper and achieve, along with the leadership qualities required to bring about such change, will be the focus of the 27th World Economic Forum on Africa, taking place in Durban, South Africa, from 3 to 5 May.