At a gathering of 70 world leaders and over 3,000 global industry leaders, Prime Minister Narendra Modi today warned that globalisation is facing a challenge from the "rising forces of protectionism" - a comment that's is seen as flagging the protectionist stance of the US, under the Donald Trump administration.

It has been a long time since an Indian Prime Minister last visited Davos. Prime Minister Narendra Modi demonstrated just how long, as he delivered his debut speech at the opening of the World Economic Forum.

Addressing a press conference here as part of the all women co-chairs of the World Economic Forum (WEF) annual meet, Lagarde said IMF research has showed that raising women's participation in the workforce to the level of men can boost Indian economy by 27 per cent.