If Congress forms government, Rahul Gandhi will be PM: Chidambaram at Davos

Mr Chidambaram predicted that the likely outcome of the national election, due by May, was that no party will have a clear majority.

Besides, CEOs from across the world including in India plan to aggressively expand their workforce this year, even as their worries about over-regulation, fiscal deficits and tax policy have reached highest ever levels, the PwC survey said.

Rahul Gandhi will be Prime Minister if the Congress is called to form the government, Finance Minister P Chidambaram said today while speaking on the sidelines of the 44th World Economic Forum in Davos.

Global CEO confidence is on the rise and Indian business heads have emerged as the most confident about economy among top-5 globally for internal topline figures, a survey by consultancy giant PricewaterhouseCoopers (PwC) said.

Delegates say they don't come to Davos expecting any outcome, decisions or deals. But it is a meeting of minds, as Kris Gopalakrishnan, one of the co-Chairs and president of CII says.

From India, Finance Minister P Chidambaram, Commerce Minister Anand Sharma, Planning Commission Deputy Chairman Montek Singh Ahluwalia and Urban Development & Parliamentary Affairs Minister Kamal Nath would be attending the meet.

As a country with rising inequities in an election year, populist politics overriding economic necessities is a tough climb.

There have been many efforts in the past to develop Mumbai into an IFC, while an expert group was also set up by the government years ago to study this possibility.

According to ManpowerGroup, which is also a World Economic Forum (WEF) strategic partner, simplification is key to winning in the human age.

Titled 'Enabling Trade: From Valuation to Action', the report released today by the World Economic Forum (WEF) emphasised the need for urgent implementation of the Bali trade accords and deeper reforms to "sustainably meet world food demand".

As hundreds of world's rich congregate for the World Economic Forum Annual Meeting in the Swiss Alpine resort town of Davos, many of them have also scheduled meetings with Swiss bankers to devise new strategy for their hidden wealth.

Protagonists will include U.S. Treasury Secretary Jack Lew, Japanese Prime Minister Shinzo Abe, European Commission President Jose Manuel Barroso and central bankers Mark Carney, Mario Draghi and Haruhiko Kuroda. A "senior leader" from China is also expected.

Billionaire Warren E. Buffett has never attended. Neither has Timothy D. Cook, chief executive of Apple, the world's largest company by market value. (His predecessor, Steve Jobs, never went, either.) The founders of Google, Larry Page and Sergey Brin, stopped going a couple of years ago, as did Mark Zuckerberg, Facebook's chairman. Both companies do send other execut...

Klaus Schwab said in an interview with the Associated Press that there will be crossover between the forum's 2,500 participants and the officials from the U.S., Russia and close to 40 other countries that are attending the start of the Syria peace conference several hours away in Montreux, Switzerland.

With the recent proliferation of cyber-attacks, corporate executives need to devote increasing attention to protecting information assets and on-line operations, according to the report released today by the World Economic Forum (WEF) in collaboration with global consultancy McKinsey & Company.

Mr Gates, who is to attend the World Economic Forum's Annual Meeting, today said there is reason to be optimistic than ever about the future progress using vaccines to give all children a healthy start to life.

Swiss confederation president Didier Burkhalter, Nestle chairman Peter Brabeck-Letmathe, Kofi Annan foundation chairman Kofi Annan and Goldman Sachs International chairman Peter D Sutherland would be among the personalities participating in these sessions.

The World Economic Forum (WEF) report said that short term labour market prospects are not encouraging for many countries.

A tiny elite comprising the richest 85 individuals hold wealth equivalent to that owned by the bottom half of the world's population, according to a report by worldwide development organisation Oxfam.

Failure to boost cyber security could cost the world economy a staggering $3 trillion as new regulations and approaches to deal with destructive attacks would stifle innovation, according to a report.