The IMF chief said that some countries have successfully managed inflation and can afford accommodative monetary policies.
The governor said that structural reforms by the government in recent years have boosted the medium- and long-term growth prospects of the economy.
India has achieved equality in enrolment across all degrees of training, it said. India has shut 64.3% of the overall gender gap, the report said. In any case, it underlined that India has reached just 36.7% equality on financial support and opportunity.
The high-profile annual powwow of rich and powerful from across the world will begin with a welcome reception on May 22 and will continue till May 26.
PM Modi also stressed that India has the world's largest, safe and successful digital payments platform.
India has moved up two positions to rank 74th on a global ‘Energy Transition Index’ with improvements on all key parameters of economic growth, energy security and environmental sustainability, the World Economic Forum (WEF) said on Wednesday.
US President Donald Trump on Tuesday met Pakistan Prime Minister Imran Khan on the sidelines of World Economic Forum in Davos. Both leader addressed media after their meet. During the media interaction, Donald Trump said that he is following situation in Jammu and Kashmir "closely".
India's ranking improved from 40th to 34th, the greatest improvement over 2017 among the top 25 per cent of all countries ranked in the report.
India has made significant strides to improve energy access in recent years, and currently scores well in the area of regulation and political commitment towards energy transition," the WEF said.
“We had dinner last night with about 15 leaders of industry — none of whom I knew, but all of whom I have read about for years — and it was truly an incredible group,” Trump said.
The index takes into account the “living standards, environmental sustainability and protection of future generations from further indebtedness”
In a series of tweets with ‘IndiaMeansBusiness’ hashtag, he said, “At Davos, I look forward to sharing my vision for India’s future engagement with the international community.
Raising women's participation in the labour force to the same level as men can boost India's GDP by 27 per cent, IMF Chief Christine Lagarde and Norway's Prime Minister Erna Solberg have said in a joint paper.
Amid raging debate over gender pay gap globally, a survey by US-based career resource website Glassdoor has revealed that over 70 per cent of adults in 7 developed countries believe men and women are paid
Davos: The 5-day annual jamboree of the world's rich and powerful came to a close in this Alpine resort today, with leaders raising concerns about economic headwinds from China, geo-political risks arising from the refugee
Davos: India's power sector is at an "inflection", or turning point, while most of its electricity consumed in the next two decades will come from burning fossil fuels, the World Economic Forum (WEF) said on
Just 62 individuals had the same wealth as 3.5 billion people—the bottom half of humanity—in 2015, according to a new report, An Economy For The 1%, by Oxfam, a global advocacy.This figure is down from
Geneva: Prime Minister Narendra Modi is the 10th most admired personality globally, as per a new survey by the World Economic Forum (WEF) that has ranked late South African President Nelson Mandela on the top.Mahatma
Dubai: The global economy is expected to improve by 2016 as Asian countries are growing faster, the United Arab Emirates' (UAE) minister of economy said."The world economy is definitely going to pick up. For 2016, or
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