India A Bright Star In 'Sober' Global Outlook: Uday Kotak

Amid an intense debate on future of globalisation here at annual World Economic Forum meeting, Mr Kotak said India has been a big beneficiary of the globalisation process.

BlackRock's chief said it was still not clear to him how the new administration planned to pay for massive stimulus measures including investments in ageing infrastructure.

This value - in addition to the livelihoods of 80 per cent of the world's population - is threatened by the decline in ocean health, lack of adequate measuring and monitoring of ocean activities.

"This revolution," Brin said, "has been very profound and definitely surprised me even though I was right in there and could throw paper clips at them."

Stocks in the United States surged after Trump's Nov. 8 election victory. Trump takes office on Friday.

Speaking at a panel decision, on 'India's Time to Transform', at the annual World Economic Forum meeting in Davos, she said it may sound 'propagandist' but one needs a strong and courageous leadership to take such a bold step.

On Wednesday, German newspaper Handelsblatt said the bank is considering moving 1,000 jobs to Frankfurt to deal with Britain's exit from the European Union.

The Alibaba deal comes as Asia prepares to host three consecutive games, with South Korea's Pyeongchang staging the 2018 winter games, Tokyo the 2020 summer Olympics and Beijing the 2022 winter games.

Ms May called upon the world to engage with each other to ensure globalisation and free trade works for all and benefits everyone.

Mr Gadkari said it is very much possible to create a new city like Davos back in India where hotels, shops and conference centres would be set up.

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.

"The irony is that when more walls show up it is a good opportunity for services companies to help do business across those walls," said Mr Sikka of Infosys.

Commerce Minister Nirmala Sitharaman emphasised that the world needs to do a "reality check" even as she said India remains on track to grow its trade and economy faster.

The commerce and industry minister said the debate here at WEF has been about the fate of globalisation and whether capitalism needs to be demonised.

Rapid technological change threatens to create a new swathe of have-nots and displaced digital refugees, and the solution to this lies in technologies themselves, leaders say.

"There is a responsibility to re-skill workers, for a more globalised future," the Wipro CEO said.

Mr Neemuchwala said that Wipro has been associated with many schools and US universities through various programmes to boost its local hiring.

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.

Showcasing India growth story before global business leaders in Davos at the World Economic Forum annual meeting, senior Union Minister Nitin Gadkari today said that the time is appropriate and opportune for investing in India.

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.