According to the IMF chief, the middle class is both growing and shrinking - growing on a global basis, but shrinking in countries like the US.

The women of Afghanistan's first all-female orchestra are set to be catapulted onto the world stage with a performance at the World Economic Forum in Davos.

India and China are going to remain in focus in any debate on globalisation as they contribute a big chunk today to the global growth, the National Development Bank president said.