Countries are competing against each other to attract businesses and tourists.
India has dropped a place in the latest global ranking of most competitive nations by World Economic Forum.
The findings, released at the World Economic Forum meeting in Davos on Friday, come at a time when the global economy is going through stressful times.
India's ranking declined by three places to 59th position in the Global Competitiveness Index 2012 2013.
'About 1.2-2 million people will be added to the IT-ITeS workforce by 2020.'
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.
A report on countries with best financial system in the world based on seven parameters including - institutional environment, business environment, financial stability, banking financial services, non-banking financial services, financial markets, and financial access.
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.
They are sceptical about execution of recent reforms govt has announced.
India ranks lowest among the world's major economies for its preparedness to tackle global environmental risks and second-lowest for economic risks, while Switzerland is on the top, a report said.
As per official estimates, India's population currently is 1.3 billion people. Facebook pages on Thursday reflected that Modi is followed by 44 million people, while the account of Trump by 27 million. The US population is estimated to be 325 million.
Bilateral trade target is $15 billion by 2015, says Premier Stephen Harper.
Pakistani cricketer-turned-politician Imran Khan on Wednesday said time was up for trying to solve Indo-Pak issues through "militancy and militarily" but asserted that unless Kashmir issue was resolved, there was "always a possibility" of Mumbai-like attacks.
"We are seeing an uptick. There is a lot more clarity and certainty about projects and decision cycles. I'm quite positive and companies are wanting to adopt technologies and are making decisions," TCS chief executive officer and managing director N Chandrasekaran said on the sidelines of World Economic Forum on India in Gurgaon.
His visit to India has been timed to coincide with the World Economic Forum on India in Gurgaon, Haryana on November 6.
The 44-year-old actor, who is one of the most vocal environmentalists in Hollywood, shared a post by news outlet BBC on Instagram with the title, "Only rain can save Chennai from this situation".
Telecom market leader Bharti Airtel on Thursday said the industry will need to raise tariffs as margins of operators are getting hurt at the current rate but ruleditself out to be the first to take the step.
The government is committed to restricting fiscal deficit at 5.3 per cent of GDP this financial year and has no immediate plans to go for additional market borrowings, a senior government official said.
A discussion on reviving Indian economy at the World Economic Forum turned into a war of words between Law Minister Ashwani Kumar and Bajaj Auto chairman Rahul Bajaj over the functioning of government.
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.
"Outsourcing is also a concern and I hope it will be addressed soon," Godrej Group Chairman Adi Godrej told reporters on the sidelines of the World Economic Forum on India in Gurgaon.
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.
Meeting planned with U.S. Attorney General in coming weeks
The general election could be held sometime after the passage of the federal budget, Gilani indicated during an interaction with Pakistani journalists on Sunday night following his return from Davos, Switzerland, where he attended the World Economic Forum.
Pakistan Prime Minister Yousuf Raza Gilani has lauded his Indian counterpart Manmohan Singh, describing him as a "genuine person" who is keen to resolve all bilateral issues.
Nath, who is leading the Indian delegation at the annual World Economic Forum meeting in Davos, also said that even the US or Europe would not have seen as many reforms that happened in India.
While the top 10 countries in the list continue to be dominated by European nations, India dropped 5 places from 51 to rank 56 in the latest list.
As the world grows together, it is also growing apart, states the World Economic Forum's new Global Risks Report.
Countries all across the world are competing to attract business and tourists.
The government emphasised that the country's credit strengths were 'much better' than most similar-rated economies.
Although it has not been able to sell stake in any PSU so far this fiscal, the government will be able to meet the Rs 30,000 crore disinvestment target set for 2012-13, according to Department of Economic Affairs secretary Arvind Mayaram.
Pratip Chaudhuri, SBI chairman, feels that the airlines should bring the amount to the table.
Next week, the government is auctioning spectrum at a minimum bid price of Rs 14,000 crore for 5 MHz of airwaves for all the country's 22 telecom zones.
While Norway tops the list, India's ranking is the lowest among BRICS economies
For 2012, the forum has selected 192 YGLs from 59 countries.
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Making a strong pitch before foreign investors at the World Economic Forum, Andhra Pradesh Chief Minister Chandrababu Naidu said the state offers great opportunities in areas ranging from technology to tourism to infrastructure to oil refineries.
Terming it a socially responsible business model for growth, HCL Tech vice chairman and CEO Vineet Nayar said the company would create these jobs for fresh engineers.
But the Democrats appeared to be unconvinced by Trump's argument of national emergency.
A report by the Switzerland-based World Economic Forum for the year 2011-12 says that many Asian countries have better and more modern infrastructure than the United States.
With the BJP continuing to be the constant combatant, centrifugal pressures will rise. Fractured relations between the Centre and the states as between BJP and non-BJP ruled states is a sizeable risk owing ahead, warns Shekhar Gupta.
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