AIADMK, DMK spar over response to TN’s participation in Davos

AIADMK, DMK spar over response to TN’s participation in Davos

The DMK and the AIADMK took potshots at each other on Sunday over the response received by Tamil Nadu in the five-day World Economic Forum, which concluded in Davos, Switzerland. Industries Minister T.R.B Rajaa rejected AIADMK general secretary Edappadi K. Palaniswami’s remark that it was disappointing to know that not even one MoU was signed … Read more

CM Naidu makes strong pitch for investment in State at WEF summit in Davos

CM Naidu makes strong pitch for investment in State at WEF summit in Davos

Denmark-based Maersk, one of the world’s largest shipping companies, has shown interest in investing in Andhra Pradesh. Maersk, a global leader in maritime transport, with operations in over 130 countries, can make Andhra Pradesh a leader in sea transport if it establishes its presence in the State.  During the second day of the World Economic … Read more

At Davos, leaders talked big on rebuilding trust. Can the World Economic Forum make a difference?

At Davos, leaders talked big on rebuilding trust. Can the World Economic Forum make a difference?

DAVOS, Switzerland (AP): Business and political elites descended on the Swiss Alpine snows of Davos to suss out “rebuilding trust” in a splintering world. If there’s any takeaway from the World Economic Forum‘s annual meeting — boldly touting that theme — it’s that we still have a long way to go. From full-blown wars in … Read more

Maharashtra inked MoUs worth Rs 3.53 lakh crore at WEF in Davos: CM Eknath Shinde

Maharashtra inked MoUs worth Rs 3.53 lakh crore at WEF in Davos: CM Eknath Shinde

Maharashtra Chief Minister Eknath Shinde has said that the state has inked memorandums of undertaking (MoUs) worth Rs 3,53,675 crore at the World Economic Forum 2024 in Davos, Switzerland. Shinde thanked investors, noting the increased confidence of global industries that showed interest in investing Rs 1 lakh crore in Maharashtra. These MoUs have the potential … Read more

WeLead to Credible India: Indian lounges dominate World Economic Forum in Davos

WeLead to Credible India: Indian lounges dominate World Economic Forum in Davos

A logo is pictured in the Congress Center ahead of the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 13, 2024. | Photo Credit: Reuters About a dozen Indian lounges have dominated the main Promenade street of Davos as the snowcapped resort town readies for the five-day World Economic Forum Annual … Read more

Davos: Climate, conflicts, and economic crises—all big problems converge in this small town

Davos: Climate, conflicts, and economic crises—all big problems converge in this small town

Davos: Be it conflicts in Gaza or Ukraine, climate change threats in Antarctica or Amazon, AI generating a monster like deepfake and its threat to elections, or debt crisis in emerging markets to developed world — problems are aplenty and all have suddenly reached this small ski resort town on the Alps. Once known for … Read more

Govt, multilateral bank coffers don’t have trillions of dollars: World Bank chief Ajay Banga

Govt, multilateral bank coffers don’t have trillions of dollars: World Bank chief Ajay Banga

World Bank President Ajay Banga on Tuesday batted for removing barriers to private sector investment, saying it is key to tackling challenges before the global economy as neither the governments nor multilateral banks have trillions of dollars in their coffers. Speaking to World Economic Forum Founder and Executive Chairman Klaus Schwab in a podcast ahead … Read more

Investment MoUs worth Rs 88,420 crore in Maharashtra inked in Davos so far

Investment MoUs worth Rs 88,420 crore in Maharashtra inked in Davos so far

Agreements for investment commitments worth Rs 88,420 crore in Maharashtra have been signed so far at the ongoing World Economic Forum (WEF) annual meeting in Davos in Switzerland, the Chief Minister’s Office (CMO) said on Tuesday. Investment agreements worth Rs 42,520 crore were signed on Tuesday, the second day of the meeting in the Swiss … Read more

Indian delicacies add fragrant colours to snow-white Davos

Indian delicacies add fragrant colours to snow-white Davos

Union ministers Mansukh Mandaviya, Smriti Irani, and RK Singh with Art of Living founder Sri Sri Ravi Shankar during an event on sidelines of World Economic Forum Annual Meeting 2023, at India Lounge, in Davos, Monday, Jan. 16, 2023. | Photo Credit: PTI As a fresh round of snowfall made this Alpine resort town whiter, … Read more

Export of 1 million tonne wheat likely to get green signal

Export of 1 million tonne wheat likely to get green signal

India is likely to clear exports of 1 million tonnes of wheat, in the first phase after it restricted shipments of the food grain, said trade sources. The government on May 13 banned exports of wheat amid accelerating inflation, but exempted shipments under contracts where letters of credit (LCs) had already been opened. The clearance … Read more