ABB Planning Major Expansion In India, Says Government

Ms Sitharaman met ABB officials at Davos on the sidelines of the annual World Economic Forum meeting.

The issue was discussed at an "informal meeting" of key WTO members, including India, China, Brazil, Japan and Australia, in Davos last week.

Optimistic about job creation, going ahead, Kotak said, "I am a great believer that India should incentivise delta jobs created in any sector."

Developed by students and professors of prestigious Carnegie Mellon University (CMU) as a research project, SARA became a key exhibit at the WEF annual meeting.

On push for digital economy and the recent demonetisation move and whether the pain would be limited to short-term given the world economy is going through uncertain times, he said.

Unlike his previous trips to Davos, Switzerland, for the World Economic Forum (WEF), Andhra Pradesh Chief Minister Chandrababu Naidu's latest visit has come under attack from the opposition parties, dubbing it as a "publicity stunt" and alleging he was not an invitee to the event but a paid delegate.

India was given a lowly 2 on a scale of 5 as an influencer or pole based on five broad criteria -- economic size, hard power, soft and diplomatic power, and governance quality and distinctiveness.

Uncertainty over what Trump will do once he takes office Friday and whether his presidency will mark the end of globalization dominated discussions all week at Davos.

The pace of decision-making is "faster in China than us", Mr Gadkari said, adding that therefore, it happens at times that there is an opportunity but someone else takes it away.

Top economic leaders hoped that 'revolution' in Washington - referring to Donald Trump assuming office of the US President from Friday - would not be as bad as was feared.

A video showing the Paytm CEO in an internal conversation went viral earlier this week.

"We face the prospect of leaving a larger part of humanity behind than in any other (industrial) advance, Infosys CEO Vishal Sikka said.

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.