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WEF 2017 News

World Economic Forum

20 Jan 2017

India a 'bright star', 'inward focus' on globalisation as WEF Annual Meet ends

Amid rising uncertainties on political as well as economic fronts in different parts of the world, India continued to be seen as "bright star" even as clamour picked up momentum for speedier reforms and decision-making process to catch up with neighbouring China.

World Economic Forum

20 Jan 2017

WEF 2017: World economy improving, but be wary of 'black swans'

As the annual talkfest of the rich and powerful from across the world reached its last day here, top economic leaders felt the global economy is improving though mostly on internal factors even as they warned of new 'black swan' events post elections in various countries.

World Economic Forum

19 Jan 2017

WEF 2017: Global leaders, economists turn to 'sweet spot' India, China to power economic growth

As leaders and economists debated the future of globalisation at WEF, the emerging narrative shifted to growth booster from Asia for the global economy amid darkening prospects for trade worldwide.

19 Jan 2017

Modi government owed demonetisation to nation: Nirmala Sitharaman

The Modi government "owed" demonetisation to the nation and it had to do it to eradicate black money menace and to bring hoarded cash back into the banking system, Union Minister Nirmala Sitharaman said today.

18 Jan 2017

'Very friendly' investment destination India seeks to woo foreign investors at WEF meet

With the message of being a "very friendly" investment destination, India on Wednesday sought to woo foreign investors at the WEF annual meet where leaders pored over the benefits of globalisation amid concerns over the impact of automation on jobs worldwide.

18 Jan 2017

No 'silver bullet' for excessive inequality, says IMF chief

Policymakers across the world must act now to check inequalities even as there is no "silver bullet" to contain this problem, IMF chief Christine Lagarde.

World Economic Forum

17 Jan 2017

Wealth creation must for wealth distribution to happen: Mukesh Ambani

Amid rising concerns about globalisation benefitting the world's richest more, India's wealthiest man Mukesh Ambani today favoured free market economy and said wealth creation should not be constrained as it is a precursor to the distribution of wealth.

16 Jan 2017

Indian CEOs most confident on short-term revenue growth: Survey

Chief executives officers in India are among the most confident lot when it comes to short-term revenue growth and also have ambitious hiring plans for the next 12 months, says a survey released today.

16 Jan 2017

India's richest 1% now hold 58% of the country's total wealth

In signs of rising income inequality, India's richest 1 percent now hold a huge 58 percent of the country's total wealth -- higher than the global figure of about 50 percent, a new study showed today.

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