Key to preparing for Fourth Industrial Revolution lies in technology: Ambani
Rapid technological change threatens to create a new swathe of have-nots and displaced digital refugees, and the solution to this lies in technologies themselves, leaders say.
Jan 18, 2017, 16:05 PM IST
WEF Davos 2017: World needs reality check, says Nirmala Sitharaman on capitalism debate
As the global elite at WEF here debates whether the richest have benefited most from globalisation, Union Minister Nirmala Sitharaman on Wednesday said the world needs to do a "reality check" and asserted that India remains on track to grow its trade and economy faster.
Jan 18, 2017, 14:55 PM IST
Wealth creation must for wealth distribution to happen: Mukesh Ambani
Amid rising concerns about globalisation benefitting the world's richest more, India's wealthiest man Mukesh Ambani today favoured free market economy and said wealth creation should not be constrained as it is a precursor to the distribution of wealth.
Jan 17, 2017, 23:58 PM IST
'Consumers uneasy with immense size and power of big biz'
With less than 10 percent public companies globally accounting for 80 percent of the entire corporate profits, business leaders including India's Sunil Mittal today acknowledged that consumers are increasingly becoming uneasy with the immense size and power of big firms.
Jan 17, 2017, 20:02 PM IST
Davos 2017: No one will win in a trade war, warns China's Xi Jinping
Chinese President Xi Jinping presented himself as a champion of globalisation Tuesday, lecturing the world elite in Davos on the dangers of protectionism and the futility of trade wars.
Jan 17, 2017, 18:18 PM IST
`No point` in blaming globalisation for world`s problems: Xi Jinping
Chinese President Xi Jinping said Tuesday that there is "no point" in blaming economic globalisation for the world`s problems, adding that no one would win a trade war.
Jan 17, 2017, 17:29 PM IST
WEF Davos 2017: Xi bats for globalisation, greater role for emerging economies
Globalisation is a "double-edged sword" but cannot be blamed for problems being faced by the world, Chinese President Xi Jinping Tuesday said even as he called for a greater role for emerging economies in governance of global institutions.
Jan 17, 2017, 17:09 PM IST
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
Indian CEOs most confident on short-term revenue growth: Survey
Chief executives officers in India are among the most confident lot when it comes to short-term revenue growth and also have ambitious hiring plans for the next 12 months, says a survey released today.
Jan 16, 2017, 23:56 PM IST
World Economic Forum meet starts with call for responsible govts
With a call for governments to become more 'responsive and responsible' in the backdrop of falling trust in all kinds of institutions and various studies painting a dismal picture for India including on inclusive development, rich-poor gap and talent competitiveness, World Economic Forum started here on Monday.
Jan 16, 2017, 23:52 PM IST
India's richest 1% now hold 58% of the country's total wealth
In signs of rising income inequality, India's richest 1 percent now hold a huge 58 percent of the country's total wealth -- higher than the global figure of about 50 percent, a new study showed today.
Jan 16, 2017, 11:38 AM 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
93% Indians to hold jobs without social security benefits in 2017: WEF
The World Economic Forum (WEF) has warned that a staggering 93 percent of Indians will hold jobs without social security benefits in 2017 while creating employment will be a challenge too.
Jan 11, 2017, 20:06 PM IST
WEF Davos 2017: Xi Jinping to open meet; over 100 from India to attend
Chinese President Xi Jinping will open the Annual Meeting of World Economic Forum (WEF) in Swiss ski resort town of Davos next week, which will be attended by a record 3,000 global leaders from business, government and civil society, including over 100 from India.
Jan 10, 2017, 20:00 PM IST
Another 170 years before women are paid as much as men: Gender gap index
Efforts to close gender gaps in pay and workforce participation slowed so dramatically in the past year that men and women may not reach economic equality for another 170 years, the World Economic Forum said on Tuesday.
Oct 26, 2016, 18:11 PM IST
Economic gap between women and men could take 170 years to close: WEF
The economic gender gap could take 170 years to close after progress towards parity between the sexes suffered "a dramatic slowdown", the World Economic Forum (WEF) said in a report on Wednesday.
Oct 26, 2016, 17:22 PM IST
FDI increase needs to translate into jobs: Nirmala Sitharaman
Commerce Minister Nirmala Sitharaman on Thursday lauded the increase in foreign direct investment (FDI) in India but said it will be meaningful only when it translates into increased job creation.
Oct 06, 2016, 17:38 PM IST
Bad loans, lack of infrastructure, ICT hurdles hurt India's competitiveness: WEF
Huge bad loans, lack of infrastructure and stagnating performance on technological readiness are among the major drags on India's global competitiveness, with even Bangladesh and Sri Lanka outscoring India on some parameters, says a WEF survey.
Sep 28, 2016, 16:40 PM IST
Global Competitiveness Index ranking: India jumps 16 places, highest for any economy
The jump of 16 places for India from last year's 55th place is the highest for any economy this year. India is also the second-most competitive among BRICS nations behind neighbouring China, which is ranked at the 28th position.
Sep 28, 2016, 10:01 AM IST
India ranks low at 105th on human capital index, Finland tops
India was Wednesday ranked low at 105th position globally on a worldwide Human Capital Index, which measures countries' ability to nurture, develop and deploy talent for economic growth and was topped by Finland.
Jun 28, 2016, 14:18 PM IST
