India has emerged as the fifth most attractive market for investments and the optimism over global economic growth is at a record level, a survey of CEOs by global consultancy PwC said.

At least 20 people were evacuated late last night from the North of Davos due to an avalanche scare. It has been snowing incessantly in Davos for the past 48 hours. A further metre or so is expected to fall across some parts of the Alps on Monday, the weather office predicted.

Bollywood superstar Shah Rukh Khan received the Crystal award at the World Economic Forum summit in Davos, Switzerland along with Hollywood actress Kate Blanchett and legendary musician Elton John.