Bengaluru, Jan 24 (IANS) The World Economic Forum (WEF) summit held in Davos, Switzerland, has emerged as a major catalyst for Karnataka’s economic progress, providing an official seal to investment commitments worth Rs 13,070 crore, stated Large and Medium Industries Minister M.B. Patil.He further stated that the summit is expected to help the state make significant strides in the coming days across sectors such as aerospace, food processing, data centres, digital infrastructure, clean energy…
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Seoul, Jan 24 (IANS) Trade Minister Yeo Han-koo said on Saturday he has stressed to US trade officials that Seoul’s investigation into e-commerce giant Coupang over a major data breach should be treated separately from broader trade issues between the two countries.Yeo made the remarks regarding Coupang to reporters at Incheon International Airport after returning to South Korea following his participation in the World Economic Forum in Davos, Switzerland, reports Yonhap news agency.Coupang, a U…
New Delhi, Jan 24 (IANS) Investors are likely to remain on edge over the proposed US framework on Greenland, and near-term volatility related to this issue can continue, a report has said.The report from Bank of Baroda said that market participants are awaiting more details that could determine whether negotiations succeed or unravel.”Going ahead, investors are likely to await more details of the deal, as there are a few sticking points which can derail the negotiations. Hence, some volatility c…
Davos, Jan 24 (IANS) The 56th annual meeting of the World Economic Forum (WEF) here this week served as an essential and leading platform for convening decision-makers for consequential dialogue that enabled progress on the most challenging issues facing the world today.According to the WEF, close to 3,000 leaders from across regions, sectors and generations from 130 countries came together, including a record 400 top political leaders, nearly 65 heads of state and government, a majority of G7 l…
New Delhi, Jan 24 (IANS) The launch of a new skills accelerator in India strengthens a global network of 45 national accelerators that have collectively supported 14.8 million people, the World Economic Forum (WEF) has said.Announcing major global commitments to invest in skills development for workers, the WEF said these accelerators bring together government, business and civil society to translate global insights into country-specific action on employment, skills development and inclusive eco…
Davos, Jan 24 (IANS) Chief Minister Devendra Fadnavis said Maharashtra arrived at Davos not just to participate, but also to lead, adding that the state’s participation at the World Economic Forum Annual Meeting 2026 marked a defining moment in the state’s global engagement. At Davos, CM Fadnavis said Maharashtra positioned itself as India’s growth engine, bold in ambition and strong in execution. Through high-level bilateral meetings and global discussions, the state clearly articulated a…
New Delhi, Jan 23 (IANS) If anybody thought that persuading Karnataka Congress leader D.K. Shivakumar to participate in the World Economic Forum in the sub-zero climes of Davos would freeze his Chief Ministerial aspirations, nothing could be more wrong. At the most, it served buying some time. And now, if there are any expectations that the party central leadership will wave a magic wand to render all-is-well as he returns, that too may be far removed from reality.Karnataka’s Congress is locke…
Davos, Jan 23 (IANS) Assam Chief Minister Himanta Biswa Sarma on Friday said the state has successfully concluded its debut participation at the World Economic Forum (WEF) Annual Meeting in Davos, unlocking new investment opportunities and strengthening Assam’s global economic outreach. In a post on X, the Chief Minister said he wrapped up Assam’s “successful Davos debut” after engaging with a wide cross-section of global business leaders, policymakers and changemakers. He said the engag…
New Delhi, Jan 23 (IANS) As India prepares to welcome the top European leadership to the Republic Day celebrations on January 26, EC President Ursula von der Leyen is upbeat on the India-Europe free trade agreement.Von der Leyen has made it clear that Europe is diversifying its markets in the wake of the US tariff turmoil and drastic change in geo-economics”And right after Davos, I will travel to India. There is still work to do. But we are on the cusp of a historic trade agreement. Some call it…
Davos, Jan 23 (IANS) Gujarat International Finance Tec-City (GIFT City) has emerged as a key point of interest for global financial institutions, investors, and technology companies at the World Economic Forum (WEF) annual meeting here, with global companies seeking deeper engagement around India-linked financial services, innovation, and cross-border operations, it was announced on Friday.The discussions in Davos reflect growing confidence in Gujarat International Finance Tec-City’s (GIFT Cit…