The slowdown in India will have an effect on the global growth story and it has pushed down the global forecast by "0.1 per cent", Gita Gopinath, the Chief Economist of the International Monetary Fund or IMF told NDTV in an exclusive interview on Monday.

Malaysia's trade minister is open to meeting commerce minister Piyush Goyal at the World Economic Forum gathering this week, his ministry said on Monday, after New Delhi said no such encounter was possible amid a spat over palm oil supplies.

Like others approaching middle age, the World Economic Forum turns 50 insisting it has matured, that it has moved on from hard partying and wants more meaningful relationships.