Page 5 - Latest Updates on World Economic Forum
India on track to be $10 trn economy, set for 3rd largest slot: WEF prez
"The Indian economy is the fastest growing among all large economies of the world. We saw in Davos this year that there was a huge interest in India and I think this will only continue," Brende said
 "India on track to be $10 trn economy, set for 3rd largest slot: WEF prez")
Don't count on a soft landing for the global economy
Despite the relatively buoyant consensus, recent developments suggest that the risks to global growth are still tilted to the downside
 "Don't count on a soft landing for the global economy")
Measuring corruption
India remains a middling performer
 "Measuring corruption")
Karnataka signs MoUs worth Rs 23,000 cr at WEF meet: Minister Patil
The Minister said Hitachi signed an MoU to 'stimulate' economic growth in Karnataka, particularly focusing on rural areas
 "Karnataka signs MoUs worth Rs 23,000 cr at WEF meet: Minister Patil")
Global cos at WEF view India as attractive investment spot: DPIIT secy
The government has taken a series of measures over the years such as easing FDI norms in certain sectors, reducing compliance burden and improving ease of doing business to attract foreign investments
 "Global cos at WEF view India as attractive investment spot: DPIIT secy")
Statsguru: Inequality to disease burden, words of caution for world economy
A country-wise assessment, based on executive opinions, highlighted the major risks for individual nations over the next two years
 "Statsguru: Inequality to disease burden, words of caution for world economy")
India Inc lauds establishment of gender equity Alliance at WEF meet 2024
Lauding the initiative, apex industry chamber CII's president R Dinesh said, "The leadership of India for women empowerment during its Presidency of G20 was well recognized"
Boundary settlement process should not stall ties with India: China
'China always believes that China-India boundary question is a historic issue and should be placed and resolved appropriately in our bilateral relations,' Chinese Foreign Ministry spokesperson said
 "Boundary settlement process should not stall ties with India: China")
Business leaders leave Davos to game out 2024 geopolitical scenarios
Many CEOs and executives told Reuters they foresee an upbeat U.S. economy in 2024, but are concerned about China and Europe, and the impact of unexpected global shocks on inflation
 "Business leaders leave Davos to game out 2024 geopolitical scenarios")
India climbs eight places to 127 in global gender index, says WEF report
India has improved by 1.4 percentage points and eight positions since the last edition, marking a partial recovery towards its 2020 parity level, the report stated
 "India climbs eight places to 127 in global gender index, says WEF report")
'India seizes moment as WEF ends with call for cooperation to fight crises'
The five-day-long intense discussions over a long list of global and regional issues among nearly 3,000 global leaders in this Swiss ski resort town on Alps coincided with incessant snowfall
Global economy, trade normalising, but still not normal: Leaders at WEF
As the World Economic Forum Annual Meeting drew to a close, global leaders on Friday said the economy and trade appeared to be moving towards normalisation but were yet expected to be far from normal
 "Global economy, trade normalising, but still not normal: Leaders at WEF")
Govt could ease China investment curbs if border stays calm: Report
In 2020, India tightened scrutiny on investments from companies based in countries it borders, adding a layer of vetting and security clearances
 "Govt could ease China investment curbs if border stays calm: Report")
India sets up int'l alliance for global good, gender equity and equality
Schwab said India is one of the main topics of discussion at Davos in addition to climate, conflicts and AI
 "India sets up int'l alliance for global good, gender equity and equality")
MoUs worth Rs over 3.5 lakh crore signed at Davos: Maharashtra CM
He said that there is infrastructure, connectivity and skilled manpower in Maharashtra
 "MoUs worth Rs over 3.5 lakh crore signed at Davos: Maharashtra CM")
India could ease China investment curbs if border stays calm: Official
In 2020, India tightened scrutiny on investments from companies based in countries it borders, adding a layer of vetting and security clearances.
 "India could ease China investment curbs if border stays calm: Official")
OpenAI coup less stressful than superintelligent AI, says CEO Altman
Altman's ouster by the board in November was "a microcosm of it, but probably not the most stressful experience we ever face," he said
 "OpenAI coup less stressful than superintelligent AI, says CEO Altman")
Ads running on Meta saw return on spending increase by 32% with help of AI
Ads using AI also reduced the cost of acquisition by about 17%, Mendelsohn said in an interview with Bloomberg Television from the World Economic Forum in Davos on Thursday
 "Ads running on Meta saw return on spending increase by 32% with help of AI")
WEF 2024: UP Govt, Hero Group sign MoU worth Rs 4,000 crore at Davos
The Uttar Pradesh delegation also met senior representatives of HCL Technologies, Unilever, Nestle, Microsoft and ReNew here
 "WEF 2024: UP Govt, Hero Group sign MoU worth Rs 4,000 crore at Davos")
Tata Technologies to invest $1.8 bn in Telangana to set up skilling centres
The investment from the unit of Tata Motors is the second commitment to the Telangana government in two days after the Adani Group announced a $1.49 billion investment on Wednesday
 "Tata Technologies to invest $1.8 bn in Telangana to set up skilling centres")
