Davos 2023

Know the meaning of the buzzwords at Davos 2023, their brief history, and in which context they were used in the recent discussions and conversations

Microsoft held private concert for executives the night before layoffs: Report

The performance by iconic English singer Sting was part of an exclusive evening in Davos, the Wall Street Journal reported.

Debates at Davos: The biggest stories from the World Economic Forum meet

Ukraine War, energy and food crises, climate crisis, globalisation, inflation, global economy, supply chain crisis, and cybersecurity were among the topics that dominated the five days of debate at the WEF 2023 in Davos

WEF 2023: Leaders say speed, cooperation, resilience can mend fragmented world

WEF president Borge Brende said that despite many difficult issues facing the global community, progress had been made at the meeting, especially in tackling the most urgent crises of food, energy and climate.

Green energy, global integration key to positive economic outlook: Global leaders

The threat of rising inflation seems to have abated in many parts of the world, thanks in part to interest rate increases from some central banks, experts said on the last day of the World Economic Forum Annual Meeting 2023 in Davos.

Davos 2023 | Be realistic, avoid complacency: Leaders at WEF meeting

Amid looming threats of cost of living crises emanating from the Ukraine war and continuing pandemic-related risks, the leaders on Friday said there is a need for a resilient and determined approach towards a green and inclusive growth.

WEF annual meet ends with call for more collaborative world

It also saw India emerging as a key pillar in the world order with WEF Founder and Executive Chairman Klaus Schwab describing the country as a bright spot in a fragile world.

WEF founder Klaus Schwab sees India as a bright spot in global economic and political gloom

'India’s G20 presidency comes at a crucial time, Prime Minister Narendra Modi’s leadership is critical in this fractured world,' Schwab has said

Work on semiconductor plant to start once govt approvals come in: Vedanta

Anil Agarwal, chairman of Vedanta Ltd, says since the semiconductor business is something everyone wants, finance won’t be a problem. He also says that the global recession everyone is fearing in 2023 may not touch India.

Davos 2023: Smriti Irani tells why onus is on corporates to increase women's workforce participation

World Economic Forum | Davos 2023 | Moneycontrol @ Davos 'Government is responsible for framing legislations, corporate sector needs to measure up. The Modi government has given 26 weeks of maternity leave... but companies need to implement it', says Smriti Irani, the Union Minister of Women & Child Development in a conversation with Moneycontrol at the World Economic Forum in Davos. She also talks about why India is the bridge between the developing & developed world - watch!

Byju’s to open 300 physical tuition centers this year as it bets big on hybrid learning

Byju Raveendran said that the company is experiencing continued momentum in demand for its core business, which is online K-12 learning, even as some of the company's closest competitors are witnessing slower growth following the pandemic.

Davos 2023: Vedanta chairman Anil Agarwal on semiconductor project, coal prices & more

World Economic Forum | Davos 2023 | Moneycontrol @ Davos Vedanta Chairman Anil Agarwal speaks to Moneycontrol about the semiconductor project, says money will never be a constraint for it. '3 trillion dollars earmarked in the world for semiconductors', he says. He also spells out the 2 factors problems that foreign investors are facing - land acquisition & bureaucratic issues. Agarwal says that coal prices are likely to remain high right now. Listen in!

Davos 2023: Paytm CEO Vijay Shekhar Sharma on IPO, stock prices, crypto & more

World Economic Forum | Davos 2023 | Moneycontrol @ Davos 'Getting publicly listed is adulthood, getting a private unicorn is teenage', says Paytm CEO Vijay Shekhar Sharma on what changed after the Paytm IPO. He also speaks about what affects the company's stock prices, Paytm's focus for the rest of the year and whether crypto will eventually find its way - watch!

Davos 2023: Let the world think Byju’s is struggling, give us 6 months, says Byju Raveendran

In a chat with Moneycontrol, Bjyu’s founder Byju Raveendran and co-founder Divya Gokulnath exuded confidence about turning profitable on a company level over the next quarter. They also spoke about exiting some branding contracts to optimise costs.

Davos 2023: IT services industry has ample opportunities in mid to long term, says HCLTech’s C Vijaykumar

CEO C Vijaykumar added that while there may be moderation due to the economic environment, it's very promising that the industry was growing in double digits even before COVID

Davos 2023: World Economic Forum boss, 84, ‘looks forward’ to being at 2045 summit

Klaus Schwab, 84, has led WEF for over 50 years. Questions are now swirling about who is fit to succeed him.

Byju’s will not renew its branding partnerships with BCCI, ICC and FIFA, says CEO Raveendran

Byju's currently has three large branding partnerships with the BCCI (Board of Control for Cricket in India), ICC (International Cricket Council), and FIFA (Federation Internationale de Football Association) that will be up for renewal, but the company will not renew any of them, according to co-founder and CEO Byju Raveendran.

Davos 2023: Uber not planning any company-wide layoffs, says CEO Dara Khosrowshahi

Davos 2023: Uber Chief Executive Dara Khosrowshahi said in Davos on Thursday that he was not currently planning any company-wide layoffs.

Davos 2023: Expect 25% EV penetration in 5 years, focus is to meet demand in India - Mahindra group CEO Anish Shah

World Economic Forum | Davos 2023 | Moneycontrol @ Davos 'Our business has flourished, 2023 is a year of scale up. We're focused to meet the demand in India. We see EVs really taking off. In the next 5 years, we expect 25% EV penetration, at least in our vehicles', says Anish Shah, the MD & CEO of Mahindra Group. He also says that a recession is expected this year, but the question is how bad it's going to be. Watch!

Davos 2023 Exclusive: Banks world over find new ways of getting into trouble, fears Raghuram Rajan

Former RBI Governor Raghuram Rajan advised continued vigilance over asset quality of lenders and said state governments must target the weakest sections through pension schemes without compromising on the ability to spend in the future.

Davos 2023: 'Not China-Plus-One, pitching ourselves as India', says DIPP secretary Anurag Jain

World Economic Forum | Davos 2023 | Moneycontrol @ Davos 'General cloud over economy, but India's a bright spot. We've been successful in showing that India is doing what it commits, we're bound to grow for the next 2-3 decades', says DIPP Secretary Anurag Jain on how we're pitching the India story at the World Economic Forum in Davos. He also speaks about why it took him just 3 minutes to understand the potential of ONDC - the Open Network for Digital Commerce - watch!

Davos 2023 | Happy with my job!: Raghuram Rajan on joining Rahul Gandhi's Bharat Jodo Yatra, India's growth & more

World Economic Forum | Davos 2023 | Moneycontrol @ Davos Raghuram Rajan, the former governor of the Reserve Bank of India, speaks to Moneycontrol at the World Economic Forum in Davos and talks about India's growth numbers vis-a-vis the world, why this is a crucial time for reforms, inflation figures and the progress in the banking sector. He also spells out the reason for his walk with Rahul Gandhi during the Bharat Jodo Yatra and opens up about political ambitions, if any. Listen in!

Davos 2023: Shift to old pension schemes may inhibit states’ spending, says Raghuram Rajan

Raghuram Rajan’s comments come in the backdrop of a few state governments in India moving back to the old pension scheme for their employees.

Davos 2023: What you need to know about the WEF on Wednesday

President Volodymyr Zelenskiy told WEF delegates by video link that Western supplies of tanks and air defence units should come more quickly and be delivered faster than Russia was able to carry out its own attacks.

Davos 2023: NATO chief calls for significant boost in arms for Ukraine

Defence leaders from around 50 countries and the North Atlantic Treaty Organization (NATO) will hold talks at Germany's Ramstein Air Base on Friday, the latest in a series of meetings since Russian forces swept into Ukraine nearly 11 months ago.