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A chilling letter by a billionaire warning against 'business as usual' has Davos chattering
The letter, written by Seth A. Klarman, a billionaire investor known for his sober and meticulous analysis of the investing world, is a huge red flag.
India's richest 1 per cent get richer by 39 per cent in 2018; just 3 per cent rise for bottom-half: Oxfam
According to the Oxfam report, India added 18 new billionaires last year, raising the total number of billionaires to 119, while their wealth crossed the USD 400 billion (Rs 28 lakh crore) mark for the first time.
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India poised to become third-largest consumer market: WEF
The report titled 'Future of Consumption in Fast-Growth Consumer Market – India' noted that growth of the middle class will lift nearly 25 million households out of poverty.
Half of transport firms prefer to hire men, 4 in 5 retail firms hire less than 10% women: Study
More than a third of the companies said that they prefer to hire men, as compared to just over one-tenth that said that they are looking to hire more women.
One in three companies in India prefer hiring men: World Economic Forum study
The study also found that women are entering the workforce at a slower rate than current female workforce participation.
Japan's foreign minister says country to accept more foreign workers
Japan's foreign minister said in a World Economic Forum meeting in Hanoi that the country's own population is on the brink of a steep decline. Its aging population and low birth rate mean the country is shrinking by a half-million people a year
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Sarita Nayyar appointed to World Economic Forum Managing Board
Nayyar will also lead the Forum's international expansion with new centres opening in India, Japan and China.
Majority of 8-12 year old kids prone to online threats: WEF report
A report jointly published by the World Economic Forum and DQ Institute has shown that over 50 percent of children between the ages of 8 and 12 are vulberable to cyber threats.
Three un-Davos men
The culture of contradiction infused the speeches of Modi, Trump and Xi at the World Economic Forum.
View From The Right: Siddaramaiah’s piety
Organiser carries an article that notes, “Siddaramaiah visiting temples, performing aarti to Shiva, visiting gau shalas is something no one imaged a few days ago. It is certainly reminiscent of Rahul Gandhi’s temple tour during Gujarat elections."
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Top Frames: Orthodox believers mark Epiphany with icy plunge, Taliban suicide attack in Kabul
Orthodox believers mark Epiphany on January 19 by immersing themselves in icy waters regardless of the weather. Afghan policemen stand guard at the site of a suicide bomb attack in an area near the Russian embassy in Kabul.
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FM Jaitley at World Economic Forum
Switzerland, Jan 23 (ANI): Finance Minister, Arun Jaitely, on Saturday attended the World Economic Forum in Switzerland. Finance Minister Jaitley said that there are a set of structural reforms which are in progress and there are a large number of steps which the Government of India has taken over the last year-and-a-half. He further added that India's co-operative federalism has transformed to competitive federalism, and that's really a good news for India.
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