Diabytes
World Economic Forum 2016 News
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Kochhar, Managing Director and CEO of India's top lender ICICI Bank, said the financial sector is among the few ones that has rapidly adopted new technology and continues to innovate.
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Lagarde said China is "going through a list of transitions".
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The rupee, Rajan said, has been "relatively strong" in the EM currency basket, but India is affected by the "same kind of jitters" impacting other world markets.
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Rajan said there have been huge flows in emerging markets but one should also understand that tremendous changes are taking place in emerging markets.
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India's power sector is at an inflection point and most of its electricity demand in the next two decades will be met by burning fossil fuels despite huge investments in renewables, WEF said Tuesday.
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