AAP surge just a localised storm, says Anand Sharma

Speaking here on the sidelines of the World Economic Forum (WEF) annual meet, Mr Sharma said the AAP's success in Delhi does not mean it would be replicated elsewhere in India. Asked whether AAP was adding to uncertainties, Mr Sharma said there may not be a need to worry as this was like a "localised storm" and Delhi is a city state.

Mr Ghosn, who is Renault-Nissan Alliance's Chairman and CEO, said that 2013 was disappointing for the industry in India but 2014 should see slow recovery.

Eyeing India as a long-term growth market, US-based retail giant Walmart says it is currently focussing on expanding its wholesale retail business in the country and would wait for further clarity on rules for entering the multi-brand retail business.

The IMF chief said fighting corruption is important in all the countries where it exists.

The global financial crisis, had hit the BRICS economies - Brazil, Russia, India, China and South Africa, but these countries are likely to rebound, with India likely to clock "steady" GDP growth in next three years.

The global financial crisis, had hit the BRICS economies - Brazil, Russia, India, China and South Africa, but these countries are likely to rebound, with India likely to clock "steady" GDP growth in next three years.

Ministers from the BRICS economies defended their growth prospects on Friday despite waves of turbulence caused by the tightening of monetary stimulus in the US and concerns about a potential cash crunch in China.

Christine Lagarde, managing director of International Monetary Fund (IMF), in conversation with NDTV's Dr Prannoy Roy at the World Economic Forum in Davos.

Microsoft chairman Bill Gates, who is also the co-chair of Bill & Melinda Gates Foundation, is speaking to NDTV's Vikram Chandra on the sidelines the World Economic Forum meeting in Davos.

Mr Chidambaram, on Wednesday, called BJP's economic policies retrograde and "blood-eyed". He also took a personal dig at Mr Modi and asked why the Gujarat Chief Minister had never fielded a Muslim candidate.

Indian leaders on Thursday reiterated that the country's growth story remains intact even as the rich and powerful at the World Economic Forum 2014 meet appeared to be curious about the outcome of upcoming polls especially with advent of Aam Aadmi Party.

Asserting that reform measures and fast-tracking of the decision making process have yielded results, Finance Minister P Chidambaram on Thursday said India would certainly return to 8 per cent growth rate if past mistakes are not repeated.

Campaigners at the World Economic Forum on Thursday handed clothing giant Gap and Russian oil major Gazprom their annual Public Eye shame awards for what they said were lax factory safety standards and Arctic drilling.

If the million-dollar deals, schmoozing and champagne receptions begin to get a little stressful, the billionaire movers and shakers at Davos found a way to inner peace on Thursday with a session on meditation.

Friedman, also well known for his book 'The World is Flat, said that he remains "hugely optimistic about India".

India is looking to create as many as 100 million skilled jobs in the manufacturing sector by raising its share of grow domestic product, or GDP, to 25 per cent from 16 per cent, Commerce and Industry Minister Anand Sharma said.

Foreign investors plan to expand presence in India and look forward to easier business climate as well as a sustained pace of reforms following general elections this year, according to a survey.

Executives in Davos said they remained committed to tapping into rising middle classes from Shanghai to Lagos, but some are pulling back and redeploying resources in particularly difficult, low-margin regions.

Business leaders from across the globe have called for policy changes to encourage long term value creation instead of short-term profits and to restore trust between government, business and civil society.

While the rich and famous from across the world have assembled here for their annual talk-fest and networking for business, many top Indian business leaders like Mukesh Ambani and Rahul Bajaj have given this year's WEF Annual Meeting a miss.