DAVOS IN THE DESERT
Global body calls for urgent changes to international tax systems to tackle inequality
Referring to an Oxfam study released yesterday, Independent Commission for the Reform of International Corporate Taxation (ICRICTC) said the inequality crisis remains unaddressed and out of control as hundreds of millions of people are living in extreme poverty while large rewards go to those at the very top.
India 4th best market for global companies looking for growth abroad: CEO survey
While confidence levels are generally down across the world,...
Gold hits 2-week high on safe-haven demand
US gold futures were up 0.4 per cent at $1,566.00.
Amit Shah’s visit fails to lift veil of suspense on cabinet expansion
BS Yediyurappa to look at his ministry after he returns from Davos. Interestingly, the newly elected BJP MLAs from the erstwhile “disqualified” camp have not been showing any apparent urgency about the cabinet expansion.
No turning point in sight as IMF predicts sluggish global growth
The IMF trimmed back its global growth forecasts, mostly due to a slowdown in India.
On India Inc's social calendar: Bezos bonds with Mumbai A-listers; Rajan Mittal's B'day bash; Shikha Sharma turns gracious hostess for daughter's wedding
As Bezos came calling, he got the red-carpet treatment. Here's what's keeping India Inc busy...
Rising inequality eroding trust in capitalism: Survey
Rising income inequality is undermining confidence in capitalism around the world, according to a survey conducted by public relations firm Edelman ahead of the gathering of the elites in the Swiss ski resort of Davos.
Union ministers, CMs to join over 100 CEOs at WEF's 50th Annual Meeting in Davos
Among the global leaders, US President Donald Trump and his Russian counterpart Vladimir Putin are also expected to attend the high-profile summit, where over 3,000 global leaders would converge to discuss what requires to make it a 'cohesive and sustainable world.'
Remarks on Amazon won't send wrong signal to investors: Piyush Goyal
“Not at all,” he told ET when asked if his statement would send a wrong signal to global investors. India welcomes, values and respects foreign investment, Commerce and industry minister Piyush Goyal added. The minister restated that it is expected that large companies will respect the law of land.
Welcome to ‘peak decade,’ from globalization to central banks
Ian Bremmer, founder of Eurasia Group, describes this year as a “tipping point.”
Half of world economy dependent on nature: WEF study
Releasing the Nature Risk Rising Report ahead of its 50th Annual Meeting, the World Economic Forum said about 25 per cent of our assessed plant and animal species are threatened by human actions, with a million species facing extinction, many within decades.
Davos of Desert opens in Riyadh amid presence of PM Modi
The gathering — which has been termed as the ‘Davos in the desert’ is also intended to showcase the rapid transformation underway in the Kingdom as the Vision 2030 reform plans gather pace, and to offer investment opportunities for global partners.
Deal street gets deserted in 2019 as debt obligations cast shadow over M&As
This has led to a mostly muted scene on India's corporate deal street this year, after a blockbuster 2018, while economic slowdown fears further came in the way for any significant merger and acquisition deals. But, experts are hopeful that the scenario might change in the new year, provided the economy rebounds from its lows.
Global talent crunch hits record high, 54% companies globally face talent shortage
According to the research, 54 per cent of companies reported skill shortages with businesses in 36 out of 44 countries finding it more difficult to attract skilled talent than in 2018. Employers in the US (69 per cent), Mexico (52 per cent), Italy (47 per cent) and Spain (41 per cent) reported the most acute shortages.
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