Page 8 - Latest Updates on World Economic Forum
AI can help mfg, healthcare, other sectors scale new heights: Nadir Godrej
Speaking to PTI, he said AI has great potential to help various sectors by optimising processes and it should be seen as a facilitator rather than a disruptor
 "AI can help mfg, healthcare, other sectors scale new heights: Nadir Godrej")
Global investors attracted to India amid political stability: Prashant Ruia
We are making significant advances in energy transition, focusing on hydrogen, green mobility, and green steel ecosystems, Ruia said
 "Global investors attracted to India amid political stability: Prashant Ruia")
WeLead to Credible India: Indian lounges dominate Davos promenade
Indian participation is also significant with three union ministers, as many chief ministers and a large number of officials and CEOs expected to speak over the next five days
 "WeLead to Credible India: Indian lounges dominate Davos promenade")
5,000 army personnel deployed at Davos for tight security ahead of WEF meet
Armed forces began their deployment on January 9 itself and they would be here till January 25, according to Swiss Army
 "5,000 army personnel deployed at Davos for tight security ahead of WEF meet")
India remains a bright spot amid geopolitical tensions, says Nadir Godrej
'There are geopolitical challenges, but it does not affect India that much. India is in a bright spot'.
Green hydrogen can enable energy transition in net-zero journey: WEF report
India is currently the third-largest economy in the world in terms of energy needs, and the country's demand for energy is set to surge. The demand is estimated to grow 35 per cent by 2030
 "Green hydrogen can enable energy transition in net-zero journey: WEF report")
Cyber inequity, AI key risks in 2024, says World Economic Forum study
AI advances pose more serious risk on elections that will be held this year across the world
 "Cyber inequity, AI key risks in 2024, says World Economic Forum study")
5 ways to increase cyber resilience against increasingly diverse threats
All signs are that 2024 will be another challenging year, but by shifting practices and pursuing cooperation and best practice sharing, progress can be made
 "5 ways to increase cyber resilience against increasingly diverse threats")
Govt, MDB coffers don't have trillions of dollars: World Bank chief Banga
On barriers to private sector investment, Banga said there are many reasons, starting from regulatory certainty and policy certainty from a particular country
 "Govt, MDB coffers don't have trillions of dollars: World Bank chief Banga")
From Chennai to Davos, it's a flying start for India Inc in New Year
Vibrant Gujarat, which is celebrating 20 years, is hoping to forge a record number of memorandum of understanding this year, surpassing its previous best of 28,360 signed in 2019
 "From Chennai to Davos, it's a flying start for India Inc in New Year")
Global cooperation declining after resilience through 2012-2020: WEF study
The barometer release follows a year that was the hottest on record and saw escalating levels of conflict worldwide, but that also brought progress on climate action, trade agreements and innovation
 "Global cooperation declining after resilience through 2012-2020: WEF study")
Union ministers Vaishnaw, Irani, Puri, 2 CMs likely to attend WEF meet
RBI Governor Shaktikanta Das, India's G20 Sherpa Amitabh Kant and some ministers from Tamil Nadu, Uttar Pradesh and Telangana may also be in Davos for the annual gathering
 "Union ministers Vaishnaw, Irani, Puri, 2 CMs likely to attend WEF meet")
$13.5 trn needed to fast-track decarbonisation of key sectors: WEF
The eight industries analysed in the report, published in collaboration with Accenture, included steel, cement, aluminum, ammonia, oil and gas, aviation, shipping and trucking
 "$13.5 trn needed to fast-track decarbonisation of key sectors: WEF")
Why there are so few women in banking
The most significant boost to achieving gender parity could come from a commitment from companies to provide flexible working
 "Why there are so few women in banking")
Deming Grand Prize aligns with our quality objectives, says CEO Ceat Tyres
'Total quality management extends beyond just quality; it encompasses safety, on-time delivery, cost efficiency, and employee morale'
 "Deming Grand Prize aligns with our quality objectives, says CEO Ceat Tyres")
It's time for India to invest in maritime corridor through North Sea Route
The country must adopt strategies for various transport corridors to ensure a resilient and adaptable trade supply chain
 "It's time for India to invest in maritime corridor through North Sea Route")
Global economy to weaken, economists confident of India growth: WEF study
Although a large majority (86 per cent) expects the recent global inflationary surge to ease, the prolonged tightening of financial conditions is expected to have lasting impacts
 "Global economy to weaken, economists confident of India growth: WEF study")
Household, personal care sector to yield additional $62 bn by 2030: WEF
Household products and personal care sector can generate up to an additional $62 billion in annual business value by 2030 if it makes nature a central focus of its operations
 "Household, personal care sector to yield additional $62 bn by 2030: WEF")
Decoupling from GVCs would lead to 10% loss in global GDP: WEF President
Brende emphasised that future prosperity and poverty eradication will rely on open trade and strong GVCs that must be inclusive and adjusted for climate change
 "Decoupling from GVCs would lead to 10% loss in global GDP: WEF President")
HCL, WEF's UpLink opens applications for Zero Water Waste Challenge
The challenge calls for innovative water usage approaches to improve freshwater conservation from supply to demand, moving towards zero water waste, according to a release
 "HCL, WEF's UpLink opens applications for Zero Water Waste Challenge")
