20
Thursday
February 2020
10:59 AM IST
News Headlines
Ishant is hitting good areas, Prithvi should follow instincts: Kohli hints on playing XI        PCB chief hints at Pakistan giving up Asia Cup hosting rights        First 5G handset in India likely to be priced at Rs 50,000        Coronavirus outbreak to hit global growth; to have limited impact on India: RBI Guv        Death toll from China virus surges past 2,000        Necessary to prevent statelessness when nationality laws are changed: UN chief        Maha CM visits Shivneri Fort on Shivaji''s birth anniversary        Can transport minister come to explain govt proposal for introducing EVs, asks SC        SC upheld right to protest but other citizens also have rights: Interlocutors at Shaheen Bagh        Won't rule out playing 2023 World Cup, says Taylor        Sachin Tendulkar wins Laureus Sporting Moment Award for 2011 WC triumph        Messi, Hamilton share Laureus World Sportsman of Year honour; Biles gets third award        Kerala tourism eyes robust growth in domestic tourist footfalls in 2020        RBI Governor says no reason to doubt govt will meet fiscal deficit targets        UK budget on March 11 as planned: new finance minister        Wuhan hospital director dies of coronavirus        Opening of Kartarpur Corridor practical proof of Pakistan's desire for peace, says UN chief        People of Delhi taught a lesson to BJP which it will remember for long time: Gehlot        Delhi court sends Sharjeel to judicial custody till Mar 3 in New Friends Colony anti-CAA violence case        Prashant Kishor questions Nitish Kumar's development in Bihar        
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Business News
WEF 2020 meeting ends with hopes for better and cleaner economy
 
Davos: Global leaders expressed hope for better economic growth with lesser trade tensions and a safer planet with commitments to work in areas like climate change, as the 50th annual meeting of the World Economic Forum ended here on Friday.

In the closing session, IMF chief Kristalina Georgieva said the world is a better place today but economic growth still remains sluggish, though the momentum is expected to pick pace.

She also said the Indian economy is expected to bounce back, while she named Indonesia and Vietnam as the new bright spots in the emerging world, a place earlier occupied by India.

Borge Brende, President of World Economic Forum (WEF), in his closing remarks said the 50th annual meeting has been truly remarkable.

"It was remarkable due to the real progress that we created together on a spectrum of issues, on public/private collaboration, which is crucial.

"We laid the basis for a decade of delivery. The National Business Council, incorporating 140 of the world's largest companies, agreed to support efforts to develop a core set of common metrics and disclosures that could be used to measure private sector progress against key environmental, social and governance goals," Brende said.

He also drew attention to initiatives to promote entrepreneurship in Africa, work with the OECD to promote inclusive and sustainable growth globally, introduction of a reskilling revolution and many other key deliverables and commitments.

"On civil society, the Schwab Foundation for Social Entrepreneurship announced that its community has improved the lives of more than 622 million people in 190 countries since 2000," said Brende. "A new multi-stakeholder effort aimed at supporting efforts to grow, conserve and restore 1 trillion trees by the end of the decade was announced."

"A new multi-stakeholder partnership - SDG 500 - was launched to mobilise $500 million towards achieving the SDGs in emerging markets to a series of six blended finance funds.

"Last, but extremely important, CEPI (the Coalition for Epidemic Preparedness Innovations) today announced three programmes to develop vaccines against the Coronavirus," he added.


First 5G handset in India likely to be priced at Rs 50,000
Coronavirus outbreak to hit global growth; to have limited impact on India: RBI Guv
Kerala tourism eyes robust growth in domestic tourist footfalls in 2020
RBI Governor says no reason to doubt govt will meet fiscal deficit targets
Moody's cuts India growth projection to 5.4 pc for 2020
Airtel pays Rs 10,000 crore to govt towards statutory dues
DoT withdraws order that asked for no coercive action against defaulting telcos
Sensex, Nifty fall for 2nd day as banking, auto stocks slide
Sensex rallies over 300 pts ahead of IIP, inflation data releases
ABB India wins orders worth Rs 191 cr
Rupee settles 10 paise higher at 71.30 against USD on easing crude prices, weak dollar
Market falls for second day as coronavirus worries persist
PURE EV to set up second EV scooter unit in Telangana with Rs 100 Cr investment by 2021
Anil Ambani to pay USD 100 mn in conditional order for Chinese banks: UK court
Rupee slips 22 paise to 71.40 against USD on strong dollar demand
Not moving out of Andhra Pradesh, says Kia Motors
Deposit insurance hike: RBI says not to hit banks balance-sheets
Let's work together to make India USD 5-trn economy: PM
Volkswagen opens bookings for two new SUVs
Our target is USD 5 billion of defence export in next five years: Modi
KERALA NEWS
Two forest dept officials killed in wildfire
 Thrissur: Two forest department officials were on Sunday charred to death in a wildfire at Wadakkanc  
CPI(M) expels two student activists held for Maoist links
Surendran new Kerala BJP President
Student who tested Positive for coronavirus discharged
INTERNATIONAL NEWS
Death toll from China virus surges past 2,000
 Beijing, Feb 19 (PTI) The death toll from the coronavirus epidemic in China crossed the 2,000-mark o
Necessary to prevent statelessness when nationality laws are changed: UN chief
UK budget on March 11 as planned: new finance minister
Wuhan hospital director dies of coronavirus
NATIONAL NEWS
Maha CM visits Shivneri Fort on Shivaji''s birth anniversary
 Mumbai, Feb 19 (PTI) Maharashtra Chief Minister Uddhav Thackeray visited the Shivneri Fort in Pune d
Can transport minister come to explain govt proposal for introducing EVs, asks SC
People of Delhi taught a lesson to BJP which it will remember for long time: Gehlot
Delhi court sends Sharjeel to judicial custody till Mar 3 in New Friends Colony anti-CAA violence case
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