Latest World Economic Forum News & Updates

New Delhi, July 8 (IANS) Jharkhand is moving from a mineral-driven economy to a knowledge-based growth model powered by technology, research, innovation and inclusive development, Chief Minister Hemant Soren said on Wednesday after inaugurating a two-day National Stakeholders Consultation in the national capital.The consultation aims to attract global and domestic investments in Jharkhand and explore opportunities in information technology (IT), artificial intelligence (AI) and other emerging se…

Islamabad, June 30 (IANS) Pakistan has been ranked last globally — 148th out of 148 countries — in the World Economic Forum’s Global Gender Gap Report 2025. Pakistan’s overall gender parity score also dropped from 57 per cent in 2024 to 56.7 per cent in 2025. These numbers showcase the inequalities faced by women in Pakistan regularly across economic participation and independence, social freedoms, political representation, education, health and personal agency and autonomy, a report has det…

Dalian (China), June 24 (IANS) India has the potential to become a global leader in sustainable wastewater management by adopting nature-inspired technologies that reduce energy consumption and improve water reuse, an expert said.Speaking to IANS on the sidelines of World Economic Forum’s Annual Meeting of the New Champions — known as Summer Davos — , Bharathan said India’s growing wastewater challenge presents an opportunity for indigenous innovations to create environmental and economic im…

Dalian (China), June 25 (IANS) Artificial intelligence (AI) is emerging as a powerful force in addressing real-world challenges — from creating cleaner and more sustainable cities to accelerating scientific discoveries — while India’s vast pool of young talent positions it to play a larger role in the global AI ecosystem, experts said on Thursday.Speaking to IANS on the sidelines of the World Economic Forum’s (WEF) Annual Meeting of the New Champions — called Summer Davos — Vivek Vyas, Co-Fo…

Dalian (China), June 24 (IANS) AI-powered technologies and collective action can accelerate sustainable development and transform critical infrastructure in India, industry leaders said on Wednesday.Speaking to IANS on the sidelines of World Economic Forum’s Annual Meeting of the New Champions — known as Summer Davos — Jorgen Sandstrom, Head of the Transforming Industrial Ecosystem Programme, said India possesses significant opportunities in renewable energy and sustainable industrial developm…

Dalian (China), June 24 (IANS) Rapid adoption of innovation and technology, coupled with a growing middle class and a large consumer base, will continue to make India a strong long-term market, Norwegian biotechnology firm Aker BioMarine’s Chief Executive Officer (CEO) Matts Johansen said on Wednesday at the World Economic Forum’s Annual Meeting of the New Champions, also known as the Summer Davos.Speaking to IANS on the sidelines of the event, Johansen said India remains an attractive destinati…

New Delhi, June 23 (IANS) Bangladesh Prime Minister Tarique Rahman is visiting China to cement economic and defence ties, with a fighter jet deal as the centrepiece, signalling Dhaka’s apparent strategic tilt toward Beijing, which may risk undermining – if not contradicting – commitments made under the US trade pact. Reports in the Bangladeshi media suggest that during his visit, Rahman may finalise the acquisition of 24 J-10CE fighter jets and a separate UAV technology, apart from other p…

Dalian (China), June 23 (IANS) Despite rising geopolitical tensions and economic disruptions triggered by conflicts in the Middle East, India’s long-term economic prospects remain positive, driven by its growing innovation ecosystem and strong economic fundamentals, Carsten Fink, Chief Economist at the World Intellectual Property Organisation (WIPO) said on Tuesday.Speaking to IANS on the sidelines of World Economic Forum’s Annual Meeting of the New Champions — known as Summer Davos — Fink s…

Dalian (China), June 23 (IANS) Artificial intelligence should move beyond improving productivity and help create space for reflection, creativity and deeper human experiences, experts said on Tuesday at the World Economic Forum’s Annual Meeting of the New Champions — known as Summer Davos — being held here.Speaking to IANS, showcasing the convergence of art, neuroscience and AI, researchers and curators highlighted how emerging brain-sensing technologies are enabling more empathetic and person…

Dalian (China), June 23 (IANS) India remains one of the world’s most important and fastest-growing economies and is expected to continue its strong growth trajectory in the years ahead, experts said on Tuesday at the World Economic Forum’s Annual Meeting of the New Champions (Summer Davos) being held here.In an interaction with IANS, Mirek Dušek, Managing Director of the World Economic Forum, expressed confidence in India’s economic prospects, describing the country as one of the world’s most i…