Moscow, Jan 22 (IANS) Russian President Vladimir Putin has announced that he will meet US President Donald Trump’s special envoy Steve Witkoff and entrepreneur Jared Kushner later on Thursday, local media reported. In his remarks at a meeting with the permanent members of the Russian Security Council, Putin said that he plans to meet the US representatives following his meeting with Palestinian President Mahmoud Abbas, Russia’s leading news agency Tass reported.Putin announced that Witkoff and K…
Latest World Economic Forum News & Updates
New Delhi, Jan 22 (IANS) Improving accessibility, affordability, and tailoring treatment and diagnostics to women’s needs are some of the crucial measures to closing the health gap for the fairer sex by 2030, said experts at the ongoing World Economic Forum 2026 in Davos.Women spend 25 per cent more of their lives in poorer health than men due to delayed diagnoses and limited access to appropriate care.At a session titled ” Breakthroughs in women’s health, the experts highlighted how insufficien…
New Delhi, Jan 22 (IANS) Gold futures on the MCX dipped close to 1 per cent on Thursday from record high in the previous session due to profit booking, amid easing geopolitical tensions and strengthening of dollar.Fears of a US‑EU trade conflict moderated after US President Donald Trump softened his tone on acquisition of Greenland.MCX gold February futures dipped 0.78 per cent to Rs 1,51,665 per 10 grams. Meanwhile MCX silver March futures dipped 0.62 per cent to Rs 3,16,509 per kg.Gold rates…
New Delhi, Jan 22 (IANS) As India’s semiconductor industry scales up, its adoption of artificial intelligence (AI) is projected to generate $1.7 trillion in economic value by 2035 and reshape industries across the economy, a new report has said.A KPMG report, launched at the World Economic Forum 2026 in Davos, said that India’s responsible AI scaling gained support from robust data governance frameworks, sectoral adoption in healthcare, agriculture, education, and defence, and the creation o…
New Delhi, Jan 22 (IANS) The overnight signs of a climbdown in Greenland-related tensions will provide relief to market sentiments and rupee volatility is likely to persist in the near term but depreciation is expected to be more gradual than the recent sharp moves, a report showed on Thursday.The rupee rebounded from its all-time low levels to gain 15 paise at 91.50 against the US dollar in early trade on Thursday.According to Radhika Rao, Executive Director and Senior Economist at DBS Bank, th…
New Delhi, Jan 22 (IANS) Artificial intelligence would not replace human jobs but can only reshape work by automating tasks, said leading business executives of tech companies at the ongoing World Economic Forum 2026 in Davos.Kian Katanforoosh, Founder and Chief Executive Officer, Workera, said language matters when describing AI.“Personally, I’m not a fan of calling AI agents or co‑workers,” he told a WEF session, arguing that AI excels at tasks but can’t outperform humans at “entire …
New Delhi, Jan 22 (IANS) The India-European Union Free Trade Agreement (FTA) negotiations, which are now approaching completion, have acquired strategic significance beyond trade liberalisation and the proposed agreement is increasingly being viewed as a stabilising anchor for global commerce amid growing geopolitical fragmentation and the weaponisation of trade, according to leading industry leaders and policymakers.The sentiment emerged at a high-level dialogue, titled “India-EU Summit: FTA …
Davos, Jan 22 (IANS) Jensen Huang, President and CEO of Nvidia, has said that we need to think about jobs in terms of purpose versus tasks in the AI era as “the purpose is enhanced and made more productive because the task has been automated” with the help of AI.Discussing how AI infrastructure, compute power and GPU innovation are defining the next era of technological transformation and economic growth at the World Economic Forum meeting here, Huang enthused about the potential of AI and e…
Mumbai, Jan 22 (IANS) The Indian benchmark indices posted strong gains in early trade on Thursday, after US President Donald Trump walked back on his tariff threats against eight European countries over Greenland ownership.As of 9.25 am, the Sensex added 568 points, or 0.69 per cent to reach 82,477 and the Nifty advanced 160 points, or 0.64 per cent to 25,317.Main broadcap indices overperformed the benchmark indices, with the Nifty Midcap 100 adding 0.94 per cent, and the Nifty Smallcap 100 adva…
California, Jan 22 (IANS) California Governor Gavin Newsom’s press office said he was barred from speaking in Davos, Switzerland, by the Trump administration.”Under pressure from the White House and State Department, USA House (a church acting as the official US pavilion) is now denying entry to California Governor Gavin Newsom to speak with media after Fortune — the official media partner — invited him to speak,” said Newsom’s press office in a post on X on Wednesday (local time).Newsom also …