The World Financial Discussion board’s (WEF’s) annual assembly 2025 shall be held in Davos, Switzerland from January 20-24.
“Greater than 100 corporates from India will take part within the WEF assembly,” Zee Enterprise reported.
Ashwini Vaishnav, CR Patil, Okay Mohan Rao, Chirag Paswan, and Jayant Chaudhary will characterize the nation.Â
Maharashtra Chief Minister Devendra Fadnavis, Telangana Chief Minister Revanth Reddy, and Chandrababu Naidu from Andhra Pradesh will even attend the WEF assembly in Davos.
New US President Donald Trump also can be a part of the assembly on-line after taking the cost.Â
International financial circumstances to weaken in 2025, India’s robust progress continues
A majority of chief economists worldwide anticipate weaker international financial circumstances in 2025 however India is prone to keep a robust progress regardless of indicators of some momentum being misplaced, a brand new report stated on Thursday.
In its newest Chief Economists Outlook, the World Financial Discussion board stated the worldwide economic system is ready to face important challenges in 2025, with 56 per cent of chief economists surveyed anticipating circumstances to weaken.
Solely 17 per cent foresee an enchancment, pointing to heightened uncertainty in key areas and the necessity for measured coverage responses worldwide, it discovered.
The US economic system is predicted to ship sturdy progress in 2025, and South Asia, significantly India, can also be anticipated to keep up robust progress.
The outlook for Europe stays gloomy, with 74 per cent of respondents predicting weak or very weak progress this 12 months.
The outlook for China additionally stays weak, and progress is projected to gradual steadily within the years forward, the WEF stated within the report ready on the idea of consultations and surveys with main chief economists from each the private and non-private sectors throughout the globe.
Maharashtra targets MOUs price Rs 7 lakh crore
The Maharashtra authorities has set a goal of signing Memorandums of Understanding (MoUs) price Rs 7 lakh crore on the upcoming annual World Financial Discussion board (WEF) assembly in Davos in Switzerland, a senior official from the state Industries Division stated on Thursday.
In 2023, Maharashtra signed MoUs price Rs 1.37 lakh crore, whereas in 2024, MoUs price Rs 3.53 lakh crore had been signed, he identified.
With inputs from businesses