Latest World Economic Forum News & Updates

Bengaluru, July 24 (IANS) Chief Minister D.K. Shivakumar on Friday called upon industry leaders to partner with the Karnataka government in shaping the state’s next phase of growth, announcing plans to expand world-class infrastructure beyond Bengaluru, establish an AI University with industry participation, and launch new policies to strengthen the technology ecosystem.Addressing CEOs at a meeting, Shivakumar said Bengaluru’s greatest strength lies in its talent pool and innovation ecosyste…

Amaravati, July 21 (IANS) UAE Minister of Economy and Tourism, Abdulla Bin Touq Al Marri, met Andhra Pradesh Chief Minister N. Chandrababu Naidu here on Tuesday and discussed the proposed establishment of a food cluster in the state. The delegation from the United Arab Emirates (UAE) held discussions with the Chief Minister and senior officials at the State Secretariat.The state government said that a decision has been taken to establish a value chain for exporting various horticultural products…

New Delhi, July 12 (IANS) Housing costs across 21 countries frequently exceed affordable limits, which is leading to continuous wealth erosion and threatening financial stability, and this crisis is expected to pressure household budgets and retirement savings, particularly for younger generations facing demographic shifts, according to a report released by the World Economic Forum (WEF).The housing affordability crisis is seen as a long-term challenge for global financial stability. The issue i…

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…