Latest World Economic Forum News & Updates

Mumbai, March 13 (IANS) Industries Minister Uday Samant on Friday said in the Legislative Assembly that Maharashtra continues to be the premier destination for investment in India. Responding to a proposal under Rule 293, the Minister revealed that the state has secured Memorandums of Understanding (MoUs) worth over Rs 31 lakh crore during the 2026 World Economic Forum in Davos.For the third consecutive year, Maharashtra has maintained its top position in attracting Foreign Direct Investment (FD…

Mumbai, March 4 (IANS) NCP (SP) MLA, Rohit Pawar, on Wednesday alleged that Deputy Chief Minister Eknath Shinde’s life was at risk during his 2023 visit to Davos. At a press conference, he suggested a potential conspiracy involving the aviation company VSR, drawing parallels to a recent technical glitch involving late Ajit Pawar’s plane that led to the Maharashtra Deputy Chief Minister’s untimely demise.According to Rohit Pawar, the incident occurred between January 16 and 20, 2023, while Ekna…

Mumbai, Feb 25 (IANS) Congress Legislature Party leader Vijay Wadettiwar on Wednesday launched a blistering attack on the Maharashtra government describing the Governor’s address as nothing more than a “repetitive rehearsal of old points” and a “market of words.”Leading the Congress party’s opposition to the Governor’s speech in the Legislative Assembly, Wadettiwar accused the Mahayuti government of forcing the Governor to present “blatant lies” to the House.Wadettiwar alleged that while the g…

Mumbai, Feb 24 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Tuesday said that Artificial Intelligence is rapidly transforming the nature of markets and employment. ​ To build a ready and capable administration, the government has begun prioritising the effective use of ‘AI’ in official operations. He was speaking during an interactive session at the Nasscom Technology and Leadership Forum 2026.​Fadnavis noted that the government is focusing on building a robust Digital Public I…

Mumbai, Feb 24 (IANS) Amid strain on state finances, Maharashtra Chief Minister Devendra Fadnavis, who holds the charge of planning and finance departments, on Tuesday tabled the supplementary demands worth Rs 11,995 crore for the remaining period of the fiscal 2025-26. Of the Rs 11,995 crore, the state government has earmarked Rs 3,112.85 crore to meet the expenses incurred on the concession given in the electricity tariff to Agriculture pump, power loom and textile consumers in the state, and …

Mumbai, Feb 23 (IANS) Maharashtra Governor Acharya Devvrat on Monday said that the state continues to be a leading destination for foreign investment, contributing over 13.5 per cent to the national GDP. He further stated that a “Vision Management Unit” has been set up to guide the state’s transition towards a $5-trillion economy by 2047.Addressing the joint session of both houses of the state legislature on the inaugural day of the budget session, the Governor said that Maharashtra receiv…

Mumbai, Feb 22 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Sunday said the state government will present a Budget that aims to provide relief to the common man while maintaining fiscal discipline, adding that preparations made by the late Deputy Chief Minister Ajit Pawar would be reflected in the financial plan.Addressing a press conference on the eve of the Budget Session of the state legislature, Fadnavis said the Budget for 2026–27 will be presented on March 6 and will incorporat…

Helsinki, Feb 20 (IANS) Norway will not join US President Donald Trump’s so-called “Board of Peace,” the country’s foreign ministry said.Speaking at the inaugural meeting of the “Board of Peace” at the US Institute of Peace, Trump said the United States would contribute $10 billion to the initiative and claimed that Norway would host a board event, Xinhua news agency reported.Ane Jorem, a spokesperson for Norway’s foreign ministry, rejected the claim and reiterated that Norway would not become a…

Amaravati, Feb 19 (IANS) The Andhra Pradesh government will sign agreements with various institutions and companies to strengthen Artificial Intelligence (AI) infrastructure and skill development in the state at the ongoing India AI Impact Summit 2026 in New Delhi. The government will enter into an MoU with IBM to provide skills training in AI, quantum technology, and cybersecurity to one million youth in the state.Another agreement will be signed with the United Nations International Computing …

Islamabad, Feb 18 (IANS) Pakistan Army suffered heavy casualties during counterinsurgency operations along the volatile Afghanistan-Pakistan border in the post-9/11 period, battling Al-Qaeda and Taliban insurgents. It was stated that during the height of these operations, some Pakistani army officers privately expressed dissatisfaction over pay disparities, according to a recent report. The ‘India Narrative’ report stated that when US officials voiced displeasure over what they described as the …