'Industrial Revolution Can Help Indian Start-Ups Provide Quick Solutions'

Speaking at the World Economic Forum (WEF) annual meet here, she said, "I don't think we should worry about it (industrial revolution)."

While India doesn't figure among the most sought after global destinations for expatriates, foreigners in India are more confident about their prospects than in many other Asian countries, an HSBC report shows.

China's President Xi Jinping said that China is willing to take the lead in protecting the world from Trump's protectionism and the consequences of the Brexit.

Chinese President Xi Jinping offered a vigorous defence of globalisation on Tuesday, pushing back against the "America First" rhetoric of incoming US president Donald Trump and signalling Beijing's desire to play a bigger role on the global stage.

Union Ministers Nitin Gadkari and Nirmala Sitharaman on Tuesday joined over 100 corporate honchos from India at the WEF meet.

Some panelists noted that creating environment where innovation will prosper in gigantic companies tends to spawn new structures.

Microsoft CEO Satya Nadella said Artificial Intelligence is moving on the right ladder and highlighted its importance in reviving the sluggish global GDP growth.

Kamler's state-of-the-art plant, for instance, will soon be able to produce bicycles with just 12 employees per shift.

The international financial crisis, he said, was not an inevitable outcome of globalization, but the consequence of the excessive chase of profit by global financial institutions and a "grave failure of regulation".

Chinese President Xi Jinping offered a vigorous defence of globalisation and free trade in a speech at the World Economic Forum in Davos on Tuesday, which underscored Beijing's desire to play a greater global role as the United States turns inward.

Stating that she was shooting for a morning programme, the journalist further asked Shakira whether she sings in the morning and went on to request her to sing a few lines.

Lack of access to global markets is currently their main impediment to growth.

He also said that philanthropy helps companies to be viewed favourably by the consumers.

The 47th edition of the yearly talkfest of rich and powerful began with a welcome address by WEF Founder Klaus Schwab.

Donald Trump's election to the White House had "decisively repudiated the idea of American exceptionalism", says Ian Bremmer of the Eurasia Group.

The WEF Inclusive development report has India lagging behind China, and even Pakistan. With India ranked at 60 out of 79 developing economies, China at 15 and Pakistan at 52.

The survey found 38 percent were very confident they could increase revenue growth in the next year, up from 35 percent at the same time last year, which was a six-year low.

World Economic Forum's Annual Meeting began in Davos on Monday evening with call for governments to be 'responsive and responsible' in the backdrop of falling trust in all kinds of institutions and various studies painting a dismal picture for India including on inclusive development, rich-poor gap and talent competitiveness.

Among the 28 nations, India has emerged as the most trusted nation in terms of institutions with 72 per cent of the respondents from general population feeling so.

India has been ranked 60th among 79 developing economies, below neighbouring China and Pakistan, in the inclusive development index, according to a WEF report.