World Economic Forum 2025 Day 5 highlights: Taural India signs MoU with Maharashtra Government at Davos

The World Trade Organisation pitched for strengthening the rule-based multilateral trading system in view of increasing geopolitical tensions, economic fragmentation and threats of unilateral measures.

As many as 23 members of the WTO took part in the informal ministerial meeting organised by Switzerland here on the sidelines of the World Economic Forum Annual Meeting.

Switzerland Federal Councillor Guy Parmelin hosted the meeting, which was attended by WTO Director-General Ngozi Okonjo-Iweala and selected representatives of the private sector.

- PTI

Maharashtra Congress chief Nana Patole said the Devendra Fadnavis government must release a White Paper on the investments received and jobs generated from MoUs signed during previous visits to the World Economic Forum in Davos.

Addressing a press conference, Patole said Fadnavis has informed that 61 MoUs were signed entailing investments of ₹15.70 lakh crore and having the potential to create 15.95 lakh jobs.

“While significant investments in Maharashtra are welcome, the public has the right to know the specifics of these agreements and the reality behind them. Similar grand announcements have been made in the past as well. The Mahayuti government must release a White Paper on investments and job creation from previous deals at Davos,” Mr. Patole said.

- PTI

Union Jal Shakti Minister C.R. Patil, on the sidelines of the World Economic Forum (WEF), highlighted the success of government initiatives in the area of water and irrigation which will give confidence to global investors to see the sector as an opportunity.

Speaking to ANI, the Union Minister pointed out that the country in the past 10 years has made significant progress and several projects are coming to eradicate the problem of water in the country.

He said, “There is a chance to make a big investment in India for water” emphasising that the investors will find India as an attractive destination.

-ANI

Chief Minister Devendra Fadnavis along with Principal Secretary of Industries P. Anbalgan and Ambar Ayade of Rural Enhancers signs and exchanges the MoU, worth ₹10,000 crore to help boost healthcare, infrastructure, and Port development.

The Union Minister of State for Cooperation and Civil Aviation, Murlidhar Mohol, congratulates Ambar Ayade and team, calling it a moment of pride for Maharashtra and Pune startups.

- ANI

The Global Arts and Culture Council (GACC), which was inaugurated on Wednesday (January 24, 2025) in Davos, received the apointment of Indian-origin South African filmmaker Anant Singh. 

Known for using his films to speak out against apartheid, HIV/AIDS, and gender-based violence, Singh’s movies have earned him multiple international accolades. One such film is ‘Long Walk to Freedom,’ a biopic of Nelson Mandela.

He was conferred WEF’s Crystal Award in 2001.

- PTI

After concluding his two-nation foreign tour, Telangana Chief Minister A. Revanth Reddy reached here on Friday (January 24, 2025). Several Congress leaders and cadres accorded the CM a grand welcome at Rajiv Gandhi International Airport here.

The Revanth Reddy-led ‘TelanganaRising’ delegation signed as many as 20 MoUs for investments worth nearly ₹1.79 lakh crore, the majority of them for setting up data centres, followed by pumped storage facilities in the state.

- PTI

Andhra Pradesh Chief Minister N. Chandrababu Naidu is scheduled to return to New Delhi on January 24 at 12.30 a.m., following a four-day visit to the World Economic Forum (WEF) in Davos, Switzerland. He is scheduled to return to his residence at Undavalli in Guntur district in Andhra Pradesh at 2 p.m., an official release said on Thursday (January 24, 2025).

Besides meeting a range of high-flying global executives from a plethora of industries, he also met with Microsoft founder Bill Gates.

- PTI