Page 4 - Latest Updates on World Economic Forum
China's grip on critical mineral refining continues, says WEF report
WEF says efforts to diversify critical mineral refining away from China are falling short, leaving supply chains exposed as demand rises from EVs, data centres and power grids
 "China's grip on critical mineral refining continues, says WEF report")
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
 "India to become fastest-growing renewable energy market by 2030: WEF")
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
 "Global economy to weaken in 2026; headwinds for India from US tariffs: WEF")
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
 "Climate-driven health risks could cost global economy $1.5 trn by 2050: WEF")
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
 "Data sharing platform Equal named among WEF's top 100 global tech pioneers")
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
 "Agnikul, GalaxEye, ePlane Co among 10 Indian startups on WEF list")
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
 "India slips to 71st spot on Energy Transition Index; investment capacity up")
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
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
 "India's big data edge to power next global tech leap: ex-WEF MD Smadja")
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
 "Economists see global growth coming under strain; India story intact: WEF")
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
 "WEF courts Christine Lagarde as next leader after founder's abrupt exit")
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
 "US could be on losing side in the test of wills with China: Claude Smadja")
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
 "Klaus Schwab steps down from World Economic Forum board of trustees")
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
 "Civil Aviation Minister Naidu named among WEF's young global leaders")
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
 "Skill development ministry teams up with WEF for 'India Skills Accelerator'")
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
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
 "Centre announces $1 bn fund for creators' economy ahead of WAVES summit")
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
 "Even in automation, managers remain central: o9 Solutions Co-founder & CEO")
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
 "India to play crucial role in global AI revolution: Chandrababu Naidu")
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
 "Despite foreign money exodus, fund managers in Davos see India appeal")