The 'Future of Jobs Report 2020', however, noted that 97 million new roles may emerge that are more adapted to the new division of labour between humans, machines, and algorithms.
25 per cent of respondents of a global World Economic Forum survey said that they do not want to get the Covid-19 vaccine due to possible side-effects.
Due to coronavirus pandemic India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1%. The Chief Economists at the World Economic Forum answers how long will it take for India to recover from this?
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.
The new report released by the World Economic Forum, here during its 2020 annual meeting, said that freeing ourselves of passwords will actually make individuals safer and businesses more efficient. Cybercrime is set to cost the global economy USD 2.9 million every minute in 2020, and some 80 per cent of these attacks are password-related.
US President Donald Trump on Tuesday said the US is in the midst of an economic boom that has never been seen before anywhere in the world.
Four young climate activists, including Greta Thunberg, scolded the elites gathered at the World Economic Forum for not doing enough to deal with the climate emergency and warned them that time was running out.
Prime Minister Imran Khan left for Switzerland to attend the World Economic Forum and meet the world leaders, including US President Donald Trump, on the sidelines of the annual event which kicked off at the ski resort town of Davos on Tuesday.
India's richest 1 per cent hold more than four-times the wealth held by 953 million people who make up for the bottom 70 per cent of the country's population, while the total wealth of all Indian billionaires is more than the full-year budget, a new study said on Monday.
The report, released ahead of the 50th Annual Meeting of the WEF, also lists India among the five countries that stand to gain the most from a better social mobility score that seeks to measure parameters necessary for creating societies where every person has the same opportunity to fulfil his potential in life irrespective of socioeconomic background.
YouTube sensation Bhuvan Bam shot to fame with his popular channel BB Ki Vines.
YouTube sensation Bhuvan Bam will participate in the World Economic Forum (WEF) annual meeting 2020, thanks to his massive reach on the video-sharing platform. The forum, taking place in Davos (Switzerland) from January 21 to January 24, will bring together as many as 3,000 global leaders.
Donald Trump, Deepika Padukone and climate activist Greta Thunberg will also be present at the meet.
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.
At a session on the emerging market outlook at the World Economic Forum Annual Meeting 2019, Nath also strongly defended his government's farm loan waiver decision and said the agricultural sector in India and particularly in his state has been in distress.
The respondents in the survey of over 10,000 people were asked that do they think their country has a responsibility to help other countries in the world.
"If realised, this would make India's consumer market the third-largest in the world, behind the US and China," the report said.
According to the report, the top performers in the “upper and lower middle-income brackets”, such as China and India, are catching up with or even outperforming the average among high-income economies.
Addressing the World Economic Forum (WEF) where several leaders have took him on for his alleged protectionist and inward-looking policies, Trump said America is "open to business" and competitive again.
While the president is expected to declare that the United States is open for business, the protectionist-leaning president’s attendance at the annual gathering for free-trade-loving political and business elites has raised eyebrows.
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