World Economic Forum

  • Budget carrier AirAsia plans flights in India soon 23-05-2014 06:46 PM

    Manila: Asia's leading budget carrier, AirAsia, is hoping to begin operations in India in two to three months, the airline's CEO said on Friday. The carrier this month won court approval to operate in India after delays because of domestic airlines' opposition. AirAsia India will begin flying with two planes,...
  • BJP flays Chidambaram for criticising Narendra Modi 24-01-2014 09:28 PM

    BJP on Friday flayed Finance Minister P Chidambaram for criticising its Prime Ministerial candidate Narendra Modi on foreign soil and said it will seek explanation from him after his return. "There has been a tradition that we all have followed that when we are abroad we do not discuss the...
  • India to have steady GDP growth in next 3 yrs, BRICS on rebound mode 24-01-2014 12:46 PM

    The global financial crisis, had hit the BRICS (Brazil, Russia, India, China and South Africa) economies, but these countries are likely to rebound, with India likely to clock "steady" GDP growth in next three years. According to leaders of these economies who were speaking at a session at the 44th...
  • AirAsia promises low fares in India; expects launch in March-April 23-01-2014 12:38 PM

    Davos: Hopeful of launching flights in India in next two to three months, AirAsia chief Tony Fernandes has said that the airline would introduce 'dramatically' low fares in the country, which would be cheapest in the market and take air travel to masses. Fernandes, who is in Davos for World...
  • Optimism over recovery, trust in businesses sunny spots at WEF 23-01-2014 08:15 AM

    Davos: A sense of optimism was in the air with industry captains and global leaders seeing improved business confidence and many experts predicting good prospects for the Indian economy at the World Economic Forum. Spread across multiple sessions, topics of discussions varied from climate change to unemployment to European economic...
  • Would like to edit a newspaper, write a book, says P Chidambaram 22-01-2014 06:18 PM

    Having proved his mettle as a lawyer and as a politician, P Chidambaram would like to try his hand at teaching, writing and even editing a big newspaper! Speaking at the World Economic Forum (WEF) Annual Meeting at Davos on Wednesday, Finance Minister Chidambaram said, "I hope I get to...
  • BJP's economic policies are retrograde, blood-eyed: Chidambaram 22-01-2014 04:55 PM

    Davos: As India prepares for elections, Finance Minister P Chidambaram on Wednesday hit out at BJP terming its economic policies as retrograde and "blood-eyed" and asked why it's Prime Ministerial candidate Narendra Modi had never fielded a Muslim candidate. He expressed confidence that Rahul Gandhi would be the Prime Minister...
  • Confident of revenue growth: Indian CEOs at World Economic Forum 22-01-2014 12:20 PM

    Nearly half of the Indian CEOs surveyed are "very confident" about revenue gains for their companies in the next 12 months, even as they cited availability of skilled talent and corruption as major business threats, as per a PwC study. According to PwC's 17th Annual Global CEO survey, released by...
  • WEF offers platform to project Mumbai as top intenational financial centre: Assocham 21-01-2014 04:34 PM

    As the World Economic Forum Annual Meeting begins in Davos on Tuesday, leading Indian chamber Assocham's President Rana Kapoor has sought to utilise this opportunity to project the potential of Mumbai as a top International Financial Centre. There have been many efforts in the past to develop Mumbai into an...
  • Six events that will matter in 2014 20-01-2014 11:56 AM

    1. Sky City, the world's tallest skyscraper, to open in Changsha, China Burj Khalifa, the tallest skyscraper in the world, officially opened on January 4, 2010. It's both an architectural marvel and a reminder of hubris-for it coincided with Dubai's financial troubles. Its record will be broken by China's Sky...
  • Karnataka CM invites global firms to invest in state 13-09-2013 05:54 PM

    Bangalore: Karnataka Chief Minister K. Siddaramaiah is wooing global firms at the World Economic Forum (WEF) in China to invest in this southern state for benefitting mutually from its natural and human resources, a official said Friday. "Siddaramaiah had series of meetings with heads of global firms at the WEF...
  • Karnataka CM attends World Economic Forum meet in China 11-09-2013 11:19 PM

    Karnataka Chief Minister Siddaramaiah on Wednesday attended the World Economic Forum (WEF) in the Chinese city of Dalian and visited a number of industrial units besides scouting for foreign investment in his state. Besides attending the Plenary meet of the WEF inaugurated by Chinese Premier Li Keqiang, Siddaramaiah met Japanese...
  • Karnataka CM Siddaramaiah to leave for China for World Economic Forum meet 09-09-2013 10:53 PM

    Bangalore: Karnataka Chief Minister Siddaramaiah will leave for Dalian in China on Monday to participate in the three-day annual meeting of the 'New Champions of the World Economic Forum' from September 11. The Chief Minister will be accompanied by a 14-member business delegation which will comprise industry captains from sectors...
  • India slips to 60th rank on competitiveness, Switzerland on top 04-09-2013 01:50 PM

    New Delhi/Geneva: India has slipped to 60th position in terms of its competitiveness globally, while Switzerland has retained its top rank. This is India's lowest ever rank and also 31 places below its peer emerging market China. Releasing the annual Global Competitiveness Report 2013-2014, Geneva-based World Economic Forum (WEF) on...
  • Red tape, graft: India no super market for Walmart 08-07-2013 09:24 AM

    Mumbai: Walmart's India expansion is stalled. When India announced last September that it would allow foreign supermarket chains to take majority ownership of their local operations, it marked a victory for Walmart Stores, which had spearheaded efforts to open the market and said its first retail store would open within...
  • Kochi will host World Economic Forum India Meet: Chandy 19-06-2013 05:25 AM

    Thiruvananthapuram: Kerala's business capital, Kochi will host the prestigious the World Economic Forum's India meet November 8-9, said Chief Minister Oommen Chandy on Tuesday. Chandy told reporters in Thiruvananthapuram that this is a rare honour for the state. "India has hosted this event 28 times in the past, of which...
  • World Economic Forum kicks off in Davos 23-01-2013 10:59 AM

    The theme for the summit this year is 'resilient dynamism'. ...
  • India's energy system better than China, says WEF 12-12-2012 02:34 AM

    London: India's energy system is better than that of neighbouring China in the context of an integrated economic, environmental and energy security perspective, according to the World Economic Forum (WEF). The Global Energy Architecture Performance Index Report 2013, released on Tuesday, has ranked India at 62nd position, much ahead of...
  • Why numbers may not be the right indicators for India 08-11-2012 01:32 PM

    Gurgaon: A lot has been read into numbers when it comes to India's growth story. While India Inc has usually welcomed high percentage growth numbers as the high-point of private-public partnership, downward revision of growth rate has invited brickbats from the industry and media alike. But numbers very often mask...
  • Why the World Economic Forum India 2012 meet is important 06-11-2012 02:47 PM

    The World Economic Forum India 2012 meet being held in Gurgaon from November 6 to November 8 holds special significance not just for India but for the rest of the world. As Europe continues to face massive liquidity crunch, a problem which is only accentuated by negligible or negative growth...
  • Kerala's health sector gets Rs 2,150 cr investment 11-09-2012 12:13 PM

    Kochi: DM Healthcare, a leading conglomerate in the country and the Middle East, Tuesday announced an investment of over Rs 2,150 crore to create 3,100 hospital beds in Kerala through eight different projects. The projects are in various stages of completion in Ernakulam, Kozhikode, Palakkad and Kannur districts, the company...