WEF: FM Jaitley to speak on country's economic outlook soon

All the lowdown on the three-day India Economic Summit

7:01 PM

The Indian economy is set to become the world's fourth largest in just 5 years, and GDP growth is expected to be above 7% this year.

6:53 PM

 

An Insight, An Idea with Arun Jaitley:

 

Join the Finance Minister as he talks about India's economic, political and social outlook at 7:15 pm.

6:14 PM

6:02 PM

The panel for this conversation included Vice-President, Observer Research Foundation (ORF), Samir Saran, Member of Parliament, Parliament of India, Shashi Tharoor, Foreign Secretary, Ministry of Foreign Affairs of Bangladesh, Shahidul Haque, Chairperson, Council for Security Cooperation in the Asia Pacific, Indian Council of World Affairs, Leela Ponappa, Diplomatic Editor and Deputy Resident Editor, The Hindu, Suhasini Haidar.

 

5:52 PM

World Economic Forum on Asia’s New Normal:

 

As new transnational infrastructure and economic projects come up across Asia, will the countries connect and work together, or contest and turn inwards?

 

One such project is the Chinese-led Belt and Road initiative, a project planned to reopen channels between China, its Asian neighbours, the Middle East and Europe. With Prime Minister Narendra Modi calling the project a “colonial enterprise”, how will India – and other countries in South Asia – balance national sovereignty with the imperative of economic integration?

5:07 PM

Prabhu added: "I will make sure that industry is able to do their business. It is my job to ensure that entrepreneurship blossoms.”

Read here to know more 

5:04 PM

Commerce and Industry Minister Suresh Prabhu at World Economic Forum’s India Economic Summit said: 

"I am personally working to provide necessary policy as well as fiscal support to ensure the industry can actually produce far more than what they are doing today that will create jobs."

4:51 PM

4:51 PM

Chairman of Dalmia Group Gaurav Dalmia says, "When bad ideas get funded, investors often blame the entrepreneurs rather than themselves."

4:47 PM

4:45 PM

Paytm CEO and Founder Vijay Shekhar Sharma says there's a need for more "incredible engineers" in India.

4:43 PM

4:41 PM

Conference on Scale-Up India: 

While India is among the fastest-growing start-up nations in the world, scalability and profitability remain the biggest missing pieces of the Indian start-up puzzle, how can it create mini-multinationals? 

The panel for this conversation on India’s start-up economy featured The Wharton School’s Kartik Hosanagar, Quartz India’s Diksha Madhok, India's IT Minister K T Rama Rao, Paytm Founder and CEO Vijay Shekhar Sharma and Dalmia Group Holdings Chairman Gaurav Dalmia.

 

 

3:50 PM

Ajay Banga said: "The only countries where cash is smaller than card are South Korea and the Scandinavian countries. This is because government policies. India is heading in the same direction." 

3:36 PM

Goyal said, "I don't remember spending cash after Novermber 8, 2016, except in temples. However, overseas I have paid digitally in temples also."