World Economic Forum: News
Klaus Schwab steps down as WEF Chairperson after 55 years
Klaus Schwab, founder of the World Economic Forum (WEF), has stepped down as Chairperson and Board of Trustees member.
Sitharaman presents record 8th consecutive Union Budget
Finance Minister Nirmala Sitharaman presented her eighth consecutive Union Budget on Saturday.
Everything about ambitious 'drone city' project in Andhra Pradesh
Andhra Pradesh Chief Minister N Chandrababu Naidu has unveiled his ambitious "drone city" project at the World Economic Forum in Davos, Switzerland.
Global billionaires' wealth surged by $2tn in 2024: Report
The combined wealth of the world's billionaires increased by a jaw-dropping $2 trillion in 2024, a report by Oxfam revealed.
AI to render 39% job skills obsolete by 2030: WEF
The World Economic Forum's Future of Jobs Report 2025 has warned about the impact of AI on the global job market.
South Korean women's university protests over admission of male students
Dongduk Women's University in Seoul, South Korea, has been at the center of protests since November 11 over plans to admit male students.
Pakistan, Iran agree to 'de-escalate' tensions days after exchanging airstrikes
Pakistan and Iran have agreed to de-escalate tensions following tit-for-tat missile strikes between the two countries this week.
First made-in-India chip to launch in December: Ashwini Vaishnaw
Union Minister Ashwini Vaishnaw announced that India's first domestically produced semiconductor chip will be launched in December 2024.
Human-level AI is on the way: Sam Altman at Davos
OpenAI CEO Sam Altman has addressed concerns regarding AI systems like ChatGPT and Google's Bard.
JPMorgan Chase faces 45 billion daily cyber attack attempts
JPMorgan Chase, the US's largest bank in terms of assets, is currently battling a staggering 45 billion daily hacking attempts, which is twice the number from last year.
India to hit $5tn economy before 2028: Hardeep Singh Puri
Union Minister Hardeep Singh Puri is confident that India can become a $5 trillion economy well before the previously estimated year of 2028.
Red Sea crisis to spike India's oil prices: WEF chief
World Economic Forum (WEF) President Borge Brende said that the escalating tensions in the Red Sea - due to the attacks on merchant ships by Yemen's Houthi rebels - could hike oil prices in India.
India's job market to grow 22% in 5 years: WEF
A new World Economic Forum (WEF) survey has estimated that the job market in India is set to witness a growth of 22% over the next five years.
Global recession risk is high, warns World Economic Forum
To the long list of organizations and people that expect a recession this year, we can add the World Economic Forum's (WEF) Community of Chief Economists.
India slams Environment Performance Index 2022, calls it 'unscientific'
The Centre rebutted the Environmental Performance Index (EPI) 2022, which rated India last out of 180 nations on Wednesday.
India nosedives to finish last in Environment Performance Index
India has fallen behind the rest of the world in terms of environmental performance.
Pandemic created a billionaire every 30 hours: Oxfam at Davos
According to Oxfam, the COVID-19 pandemic has created a new billionaire every 30 hours while one million people are now at risk of falling into poverty amid soaring global inflation.
Davos preps for World Economic Forum; Ukraine on agenda
The stage is set for the World Economic Forum (WEF) meeting in Davos, Switzerland.
Only faster COVID-19 vaccinations can end pandemic: Adar Poonawalla
Billions need to be vaccinated at a faster rate to reach the end of the COVID-19 pandemic, said Adar Poonawalla, CEO of the Serum Institute of India (SII), which manufactures the COVID-19 vaccine Covishield.
More 'Made in India' vaccines to come: Modi at Davos
The world will see many more 'Made in India' vaccines soon, Prime Minister Narendra Modi said on Thursday, addressing the World Economic Forum's online Davos Agenda Summit.
World faces 'existential threats,' fragilities: UN chief
UN Secretary-General Antonio Guterres warned that the world is not only facing a COVID-19 emergency and the worst economic crisis in nearly a century, but also existential threats to climate and biodiversity and the possibility of the world's largest economies, the US and China, splitting the world in two.
India's richest 100 earned Rs. 13 lakh crore since March-2020
India's top 100 billionaires saw their wealth increase by Rs. 13 lakh crore since March last year even as the COVID-19 pandemic led to severe job losses, Oxfam said in its latest report.
Billionaire George Soros rips into Trump; calls India's setback 'frightening'
Billionaire George Soros is the latest name to join the long list of people who aren't impressed with how Prime Minister Narendra Modi is dealing with the country.
Coca-Cola says customers want plastic bottles; wouldn't ban them
Despite being one of the largest producers of plastic waste, the leading beverage brand Coca-Cola has indicated that it has no plans to ditch plastic.
'A world where...': Priyanka Chopra speaks at World Economic Forum
Actor Priyanka Chopra Jonas on Tuesday participated in a fireside chat at the ongoing World Economic Forum in the Swiss town of Davos.
When Deepika Padukone opened up about her mental health issues
Actor Deepika Padukone was on Tuesday conferred with the Crystal Award at the ongoing World Economic Forum (WEF) in Davos, Switzerland, for her contribution towards spreading awareness about the importance of mental health.
Here's what you need to know about WEF summit 2020
On Tuesday, the world's top political leaders, academicians, business persons and others, will assemble in Davos, Switzerland for the 50th World Economic Forum.
Indian billionaires hold more wealth than full-year Budget, finds report
In a glaring reminder of income inequality, a new study has found that the total wealth of India's 63 billionaires exceeds the Union Budget of India for the fiscal year 2018-19.
India's 9 richest-people hold as much wealth as poorest 50%
In a country like India where half of the population is poor, the billionaires are getting richer every day, says the Oxfam Inequality Report 2019 released on Monday.
Trump cancels US delegation's visit to Davos amid shutdown
US President Donald Trump has canceled the US delegation's trip to the annual meeting of the World Economic Forum (WEF) at Davos, Switzerland, due to the partial government shutdown, which entered its 27th-day yesterday.
US government shutdown enters day 22, becomes longest in history
The partial US government shutdown that began towards the end of last year has entered its 22nd day, making it the longest-ever US government shutdown in history.
Only 1 in 10 companies want to hire women: Report
A World Economic Forum (WEF) study has revealed that companies in India that are witnessing the highest growth prefer hiring men, and technology-led job growth benefits men more than women.
Myanmar: Journalists' sentence garners criticism, but Suu Kyi defends decision
Amid widespread international criticism over the arrest of two Reuters journalists in Myanmar, the country's de-facto leader Aung San Suu Kyi has defended the court's verdict and said the two were imprisoned as per the law.
Virus attack shuts down factories of iPhone's sole chipmaker
On Saturday, several factories of Taiwan Semiconductor Manufacturing Co. (TSMC), the sole manufacturer of the iPhone's main processor, was shut down following a virus attack.
26-year-old Isha Ambani gets an MBA from Stanford University
It's been a memorable couple of months for Isha Ambani, daughter of Mukesh Ambani. A little over a month after announcing her engagement, she has now completed her MBA from the Graduate School of Business, Stanford University.
India sees 20% rise in dollar millionaires, despite GST-impact: Report
Despite adverse impact of GST implementation, India saw a 20% increase in both the number of dollar-millionaires and their wealth in 2017, a report said today.
What, why, how and more: All about International Women's Day
As another International Women's Day comes marching, have you ever wondered when it was first observed or why it was instituted at all?
#Davos2018: Trump has made 15 new friends. Who are they?
US President Donald Trump is in Swiss ski-town of Davos to attend the annual shindig of the World Economic Forum (WEF) Annual Meeting.
#Davos2018: Modi meets Swiss president; India hosts welcome reception
For India, the World Economic Forum's (WEF) annual jamboree at Davos began with a bang.
#Davos2018: Armed with desi cuisine, yoga, Modi to woo world
PM Modi has reached the Swiss ski-town, Davos, to convince the rich and powerful that India is open to business.
World Economic Forum: Modi to pitch India as global growth-engine
Over 3,000 world leaders in business, politics, civil society, academia, and art are set to come together for the 48th World Economic Forum (WEF) Annual Meeting from January 23-26 to be held in Davos, Switzerland.
SRK, Cate Blanchett, Sir Elton John honored with Crystal Awards
Bollywood superstar Shah Rukh Khan is one of the three winners of the prestigious Crystal Awards this year. He is sharing the honor with actress Cate Blanchett and musician Sir Elton John.
Iceland becomes world's first nation to criminalize gender pay gap
It is now illegal in Iceland to pay men more than women for the same amount of work.
It will take 100 years for women to achieve equality
Women are nowhere closer to bridging the gender gap. In fact, they are farther behind on the progress scale than they were last year.
Indian Railways' measures to improve tourism sector
Following Indian travel and tourism sector acquiring the 7th position in the World Travel and Tourism Council (WTTC) chart, Railways is now spearheading initiatives to ensure that it doesn't lose its momentum.
Indian tourism - looks fine, till reality kicks in
When you look at the report card, it reads well. Indian tourism jumped 12 spots and is now at number 40 on World Economic Forum's Global Travel and Tourism Competitiveness Report 2017.
Google accused of methodical gender pay gap
According to The Guardian, US Department of Labour (DoL) has accused Google of "systematic compensation disparities" between its male and female employees.
Thinx cofounder Miki Agrawal accused of sexual harassment
Former Thinx employee Chelsea Leibow has filed a complaint alleging sexual misconduct by Miki Agrawal at the workplace.
GSK's first woman CEO to get 25% less than predecessor
Top-global drugmaker GlaxoSmithKline appointed Emma Walmsley as its new CEO.
Sanjeev Sanyal appointed new Principal Economic Adviser
Former Chief Economist and Director of Global Markets Research in Deutsche Bank, Sanjeev Sanyal has been appointed India's new Principal Economic Adviser.
Greater gap between the world's rich and poor: Oxfam
Ahead of the World Economic Forum in Davos, anti-poverty organization Oxfam said only eight men own the same wealth as half the world's population.
Need to remove hurdles to achieve 8% sustainable growth
Speaking at the 32nd India Economic Summit, Commerce and Industry Minister Nirmala Sitharaman said Indian economy can achieve an 8% sustainable growth in the coming years.