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What is World Economic Forum?

World Economic Forum

About World Economic Forum

What is World Economic Forum?

The World Economic Forum (WEF) is an independent international organisation committed to improving the state of the world by engaging business, political,
academic and other leaders of society to shape global, regional and industry agendas. Earlier named as 'European Management Forum', the WEF was established as a not-for-profit foundation in January 24, 1971 by German engineer and a business professor Klaus Schwab. It is headquartered in Geneva, Switzerland.
 
The World Economic Forum is funded by 1,000 member companies, generally global enterprises.
 
The organisation manages 38 communities across business, government and civil society.
The WEF conducts annual meeting, to discuss global issues across several sessions,
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Latest Updates on World Economic Forum

Nokia keen on establishing GCC in Karnataka: Minister Patil

Karnataka Minister said Nokia plans to expand in Bengaluru and Tier-2 cities, while firms like Cloudflare, Vast Space, Crescent Enterprises and Voyager Technologies explored partnerships, investments

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Updated On : 23 Jan 2026 | 3:26 PM IST

Key events from WEF 2026: Carney's speech, Macron's sunglasses, and more

Over the last four days, global leaders from across the world, including India, China, the United States, and Europe, gathered at the forum in Davos, Switzerland

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Updated On : 23 Jan 2026 | 12:15 PM IST

Micron's $2.75 bn Gujarat chip plant to begin production by February-end

During his engagements at the World Economic Forum (WEF) in Davos, Ashwini Vaishnaw said that the value chain in critical minerals is complex and requires cooperation across multiple stages

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Updated On : 23 Jan 2026 | 10:03 AM IST

WEF 2026 Day 5: Key speakers and major discussions at Davos today

Topics scheduled for discussion include protecting scientific freedom, the future of the internet, mental health, and geopolitical risk outlook for 2026, among others

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Updated On : 23 Jan 2026 | 9:33 AM IST

Trump returns to Washington from Davos, hails 'very special' Board of Peace

US President Donald Trump also said that the Greenland structure is being worked on, and it will be amazing for the US

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Updated On : 23 Jan 2026 | 7:48 AM IST

Open to partners across economic spectrum: Union Minister Vaishnaw

At WEF Davos, Ashwini Vaishnaw says India is open to partnerships across sectors and remains resilient amid global debt concerns

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Updated On : 22 Jan 2026 | 11:09 PM IST

A deal on ice: US President Trump dials back Greenland rhetoric in Davos

Trump's Greenland gambit may have paused in Davos, but it signals a deeper erosion of the rules-based order as great powers test how far coercion can go

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Updated On : 22 Jan 2026 | 10:26 PM IST

Madhya Pradesh govt signs MoU with DP World to boost logistics, investment

At WEF Davos, Madhya Pradesh signs MoU with DP World to boost logistics, infrastructure and integration with global supply chains

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Updated On : 22 Jan 2026 | 7:56 PM IST

Andhra Pradesh studies Australia-like social media ban for U-16 children

The exposure of children to social media in India has increased rapidly due to cheaper smartphones and wider internet access, including in rural areas

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Updated On : 22 Jan 2026 | 3:16 PM IST

'Pollution a bigger threat to India than tariffs': Gita Gopinath at Davos

Former IMF chief economist Gita Gopinath says pollution is a bigger risk to India's economy than tariffs, hurting productivity, raising health costs and affecting investor confidence

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Updated On : 22 Jan 2026 | 2:41 PM IST

WEF 2026 Day 4: List of key speakers, major discussions at Davos forum

The second last day of the annual summit will start with a conversation with Gavin Newsom, the Governor of California

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Updated On : 22 Jan 2026 | 9:18 AM IST

US won't use force to take Greenland, says Donald Trump in Davos

Speaking at the annual meeting of the World Economic Forum, Trump also said that the US is booming but Europe is 'not heading in the right direction'

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Updated On : 22 Jan 2026 | 12:18 AM IST

MMRDA signs MoUs worth ₹9 trillion on day two of WEF 2026

MMRDA signed MoUs worth ₹9.52 trillion on day two of WEF 2026, taking total commitments to ₹18.25 trillion and reinforcing global investor confidence in MMR

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Updated On : 22 Jan 2026 | 12:07 AM IST

Assam secures ₹1 trillion investment commitments in first year at WEF

Sarma said the Prime Minister has laid the foundation stone for a big urea factory and a greenfield chemical complex

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Updated On : 22 Jan 2026 | 12:03 AM IST

AI boom reshapes jobs, geopolitics and global adoption push at Davos

OpenAI is expanding its efforts to convince global governments to build more data centers and encourage greater usage

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Updated On : 21 Jan 2026 | 11:32 PM IST

EU 'fully prepared' to hit back over Trump's Greenland tariffs, threats

Pointedly, von der Leyen also argued that there was no returning to the world order that Europe spent decades building with US cooperation

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Updated On : 21 Jan 2026 | 11:27 PM IST

South Asia regains top spot in growth outlook as economist sentiment flips

South Asia tops global growth outlook as WEF economists turn bullish again, with India anchoring optimism even as global growth risks persist

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Updated On : 21 Jan 2026 | 11:30 PM IST

India in same group as US, China in AI development: Ashwini Vaishnaw

India, Vaishnaw said, had been ranked third in Stanford's AI preparedness and penetration rankings and second in the AI talent base rankings

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Updated On : 21 Jan 2026 | 11:01 PM IST

India flags 'huge mountain of debt' in developed nations as major concern

Japan's 40-year bond yield rocketed past 4 per cent to a fresh high since its debut in 2007 and a first for any maturity of the nation's sovereign debt in more than three decades

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Updated On : 21 Jan 2026 | 10:54 PM IST

History marches past Davos: Global promises without binding commitments

As Davos debates dialogue and stakeholder capitalism, US resource grabs and weak public-private contracts expose the gap between rhetoric and reality in global economic governance

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Updated On : 21 Jan 2026 | 6:58 PM IST