Two Indian-origin companies -- Gurgaon-based Vihaan Networks Ltd and Sunnyvae, California-based Bloom Energy -- along with Twitter, are among the 26 companies selected as Technology Pioneers in 2010 by the World Economic Forum on Thursday.
A fracture of interstate relations could be India's biggest risk coming out of the pandemic. This topped a list of critical risks for India over the next two years, according to Geneva-based World Economic Forum's Executive Opinion Survey (EOS), whose results were released on Tuesday. Other top risks include a debt crisis in large economies, widespread youth disillusionment, failure of technology governance and digital inequality.
The World Economic Forum will develop a composite index to rank the growth and business competitiveness of countries, its chief economist and director Augusto Lopez Claros said on Monday.
The four key risk areas India needs to focus on at the moment include economic security, energy security, agriculture and food security and national security, it adds. The WEC-CII report says many issues facing India in these four areas will require considerable long-term investment from both public and private sectors. 'Decision-makers in government and business will be forced to make trade-offs as to where spending and investments are allocated,' it said.
'A less tense US-China relationship would make Beijing less likely to provoke India -- including on the border -- in retaliation for its close defence ties with the US.'
India on average lost 44.85 years of a lifetime due to Type 1 diabetes in 2021.
Most Indian chief executives are optimistic about the economy and believe it would improve in the coming 12 months, said a survey by consulting and auditing firm PwC on Tuesday. The company's 27th annual global survey polled 4,702 chief executive officers (CEOs) in 105 countries and territories, including 79 in India, from October 2 to November 10, 2023. As many as 86 per cent of CEOs in India - 30 per cent higher than a year ago - are confident that the economy would improve.
Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.
Let's make some effort to make it come true and close the gender gap once and for all.
The government emphasised that the country's credit strengths were 'much better' than most similar-rated economies.
While India has scored well on parameters like workforce and employment, it has fared poorly for health and wellness of its labour force, WEF said.
If it was Andhra Pradesh last Budget, it's poll-bound Bihar that has now turned to Centre with a list of demands. How the NDA government is delivering on promises.
Sustaining 8-10 per cent growth will require lots of partnerships and some innovation says Lee Howell of the World Economic Forum.
Modi is the first Indian prime minister to attend the Davos summit in 20 years.
Schwab is in New Delhi for the India Economic Summit, which has been organised by the WEF in partnership with Indian industry chamber Confederation of Indian Industry.
Citing India's commitment to deep economic reforms and ease of doing business, Prime Minister Narendra Modi asserted on Monday that this is the best time to invest in the country as policy-making is focussed on the needs for the next 25 years for a 'clean and green' as well as 'sustainable and reliable' growth period. In his special address to the World Economic Forum's online Davos Agenda 2022 summit, Modi underlined a host of reform measures undertaken by his government to stress that it has worked to reduce the administration's interference in business by deregulating many sectors and to clear the way for free trade agreements with different countries. India was once associated with "license raaj", he noted and highlighted the measures, including reduction of corporate tax to boost business and doing away with over 25,000 compliance requirements.
The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.
India's ranking declined by three places to 59th position in the Global Competitiveness Index 2012 2013.
Srichand and Gopichand Hinduja emerged as the 66th richest in the world, as part of an Oxfam study released at the WEF.
India needs a rebooting and the country must give "value to common sense" to tackle issues like slowdown of growth, feels CEO of Swiss FMCG giant Nestle, Paul Bulcke.
His visit to India has been timed to coincide with the World Economic Forum on India in Gurgaon, Haryana on November 6.
According to the minister, India needs to expand its manufacturing sector to boost exports and ensure sustainability.
Chinese foreign ministry spokesperson Hua Chunying said Chinese President Xi Jinping called for moving globalisation to a more open, inclusive, universal, balanced and win-win direction.
The 20th India Economic Summit to be held in New Delhi later this year will showcase India's advances and accomplishments in integrating with the global economy
Bilateral trade target is $15 billion by 2015, says Premier Stephen Harper.
Most economists expect the global economy to weaken in the coming year amid political and financial volatility, but a large majority of over 90 per cent are confident of moderate or strong growth in South Asia, notably India, a survey showed on Friday. At the same time, the outlook for China has dimmed following signs of deflationary pressures and fragility in the country's real estate market, the World Economic Forum's latest 'Chief Economists Outlook' report said. As the world grapples with political and financial volatility, almost six in 10 believe the global economic outlook will undermine progress towards meeting the UN Sustainable Development Goals (SDGs), with 74 per cent saying geopolitical tensions will have the same effect.
Even though Europe remains one of the most networked regions of the world, with 12 economies ranked among the top 20 best performers, China and India leapfrogged another 9 and 11 places to 37th and 43rd, respectively.
The break-up of Financial Development Index showed that India ranked 9th in non-banking financial services and capital markets tracked by the index, but the country lost out in terms of banking financial services standing at 45th place.
India and China continued to grow at reasonable rates even when several developed countries witnessed economic contraction.
India is ready to further cut import tariffs on industrial goods for using it as a strong bargaining point in World Trade Organisation negotiations, Commerce and Industry Minister Kamal Nath said on Monday.
Noting that India has 'limitless possibilities and countless opportunities', Modi urged the BRICS business leaders to take advantage of them.
Khan also said Pakistan has decided to partner any other country only for peace and named the partnership with the US as the one.
India's economic growth slipped to 6.7 per cent in '09, mainly on account of the impact of the global financial meltdown that started in the US in 2008.
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