Monday, December 15, 2025 | 06:47 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch
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,
...
Read More

Latest Updates on World Economic Forum

India to become fastest-growing renewable energy market by 2030: WEF

A World Economic Forum report says India will lead global growth in renewable capacity and generation through 2030, driven by higher clean-energy investment and policy support such as PLI schemes

Image
Updated On : 02 Dec 2025 | 10:11 PM IST

Global economy to weaken in 2026; headwinds for India from US tariffs: WEF

Noting that India has emerged as the fastest-growing major economy and is projected to grow by 6.5 per cent in 2025 by IMF

Image
Updated On : 23 Sep 2025 | 11:46 PM IST

Climate-driven health risks could cost global economy $1.5 trn by 2050: WEF

The study encourages companies to act now to protect workforce health, build operational resilience and safeguard productivity

Image
Updated On : 18 Sep 2025 | 1:59 PM IST

Data sharing platform Equal named among WEF's top 100 global tech pioneers

The fintech startup has been recognised by the World Economic Forum for its secure, consent-based infrastructure powering KYC and data sharing across financial services

Image
Updated On : 25 Jun 2025 | 9:04 PM IST

Agnikul, GalaxEye, ePlane Co among 10 Indian startups on WEF list

Indian startups in AI, space tech, energy and data analytics make it to WEF's 2025 top 100 list, affirming India's rising presence in deep-tech innovation

Image
Updated On : 24 Jun 2025 | 8:52 PM IST

India slips to 71st spot on Energy Transition Index; investment capacity up

Sweden topped the list of 118 countries, followed by Finland, Denmark, Norway and Switzerland in the top five.China was ranked 12th, the US was 17th and Pakistan at 101st place. Congo was ranked low

Image
Updated On : 18 Jun 2025 | 6:53 PM IST

India drops to 131st spot in WEF Gender Gap index, down from 129 in 2024

The Indian economy's overall performance improved in absolute terms by +0.3 points

Image
Updated On : 12 Jun 2025 | 10:57 PM IST

India's big data edge to power next global tech leap: ex-WEF MD Smadja

The next big surprise could come from India in the domain of data and big data because India has a unique superiority advantage in terms of data collection and data potential leveraging, Smadja said

Image
Updated On : 04 Jun 2025 | 1:50 PM IST

Economists see global growth coming under strain; India story intact: WEF

A majority of surveyed economists saw the current US economic policy as having a lasting global impact, with 87 per cent expecting it to delay strategic business decisions and heighten recession risks

Image
Updated On : 28 May 2025 | 3:46 PM IST

WEF courts Christine Lagarde as next leader after founder's abrupt exit

As the board deals with the fallout, it still sees Lagarde as the top candidate and has held internal discussions on the matter since Schwab's resignation last month

Image
Updated On : 16 May 2025 | 7:39 AM IST

US could be on losing side in the test of wills with China: Claude Smadja

There are limits to India-EU FTA, EU lobbies want protection, don't think will meet the timeline

Image
Updated On : 08 May 2025 | 12:37 AM IST

Klaus Schwab steps down from World Economic Forum board of trustees

Schwab has been synonymous with the Geneva-based organisation he has headed since it was founded 55 years ago

Image
Updated On : 21 Apr 2025 | 10:57 PM IST

Civil Aviation Minister Naidu named among WEF's young global leaders

On April 15, WEF unveiled its 2025 cohort of young global leaders -- 116 exceptional individuals under the age of 40 who are redefining leadership in a changing world

Image
Updated On : 17 Apr 2025 | 6:29 PM IST

Skill development ministry teams up with WEF for 'India Skills Accelerator'

The India Skills Accelerator initiative will function as a public-private collaboration platform to enable cross-sectoral efforts for unlocking innovative ideas

Image
Updated On : 08 Apr 2025 | 9:56 PM IST

WEF founder Klaus Schwab to step down as chair of board of trustees

He did not give a timeline for his departure from the organisation, but the WEF said in a statement to the FT that the process should be completed by January 2027

Image
Updated On : 04 Apr 2025 | 4:28 PM IST

Centre announces $1 bn fund for creators' economy ahead of WAVES summit

India is positioning WAVES to be held from May 1 to 4 as the first convergence platform for the media and entertainment sector on the lines of the World Economic Forum at Davos

Image
Updated On : 13 Mar 2025 | 9:07 PM IST

Even in automation, managers remain central: o9 Solutions Co-founder & CEO

Multi-tier supplier networks, higher product variability and evolving customer needs make it increasingly difficult to maintain end-to-end visibility and operational efficiency, Chakri said

Image
Updated On : 05 Feb 2025 | 6:20 PM IST

India to play crucial role in global AI revolution: Chandrababu Naidu

Speaking at a press conference just before the 16th Finance Commission meeting here, Naidu said there was significant global interest in India's development trajectory at the World Economic Forum

Image
Updated On : 03 Feb 2025 | 11:48 AM IST

Despite foreign money exodus, fund managers in Davos see India appeal

Foreign portfolio investors have withdrawn more than $31 billion from Indian equity markets since October, provisional exchange data shows

Image
Updated On : 30 Jan 2025 | 7:50 PM IST

Focus should be on smart talent, not labour arbitrage: Ronnie Screwvala

he highlighted that India has a significant opportunity to position itself as one of the world's most innovative nations by focusing on developing its talent pool

Image
Updated On : 26 Jan 2025 | 10:36 PM IST