WEF 2013: Davos looking for credible India, not incredible India

India has a steep slope to climb here at Magic Mountain. There is only 1 session on India amongst 260 and only four sessions with Indians on panels. China, Russia, Africa and even Indonesia beat us hollow. What went wrong? Politics played a part. Reforms have become a defensive move, more than a proactive one. Also, the ongoing uncertainty about GAAR has hurt. Once bi...

Praful Patel, Heavy Industries Minister, spoke to Shweta Rajpal Kohli of NDTV on how hard it is for the government delegation at the WEF meet in Davos to sell the India story.

Kamal Nath, Minister of Urban Development and Parliamentary Affairs, spoke to NDTVs Vikram Chandra and Shweta Rajpal Kohli on the sidelines of the annual WEF meet in Davos, Switzerland.

Major global companies including Novartis, BAE Systems and Philips today expressed interest in expanding their businesses in India.

N. Chandrasekaran, CEO and managing director, Tata Consultancy Services Ltd, spoke to NDTV's Namrata Brar on the sidelines of the World Economic Forum in Davos, Switzerland.

Tech Mahindra, part of India's $15.9 billion Mahindra group, has opened centres in Belgium, the Netherlands and Germany.

The Mahindra group scion said: "After business school, when I came to India all I found was certainty... India is a regulated economy."

India today assured global investors that the country's growth story is intact and they can look forward to a stable and transparent policy regime.

Leading titans of the global banking industry sounded rather concerned about the trillions of dollars central banks have been pumping into the financial system and the impact it could have in the long run

World's top banks including US-based JP Morgan and UBS of Switzerland today said there is a need for new strategy to chart the future growth path but warned that any regulatory over-burden would work against not only the banks but also the overall economy and the common people.

Speaking to NDTV Profit on the sidelines of the World Economic Forum (WEF) meet in Davos, Adi Godrej, chairman of the Godrej group, says the passage of Goods and Services Tax (GST) will see India return to 8 per cent growth.

Parliamentary Affairs Minister Kamal Nath, for the first time, made it clear that Rahul Gandhi was the Congress party's choice to be the prime ministerial candidate for the 2014 general elections. Speaking exclusively to NDTV, Mr Nath said, "I think, everyone in the party, there is consensus that they would like to see Rahul Gandhi... it is not like there are names fl...

Congress Vice President Rahul Gandhi officially took charge as the party's number 2 in Delhi this evening, promising to practice "positive politics." In faraway Davos, senior minister Kamal Nath told NDTV that for him and for every other Congressman, Mr Gandhi is also the only candidate for Prime Minister in 2014.

Speaking in the Indian context, Mr. Mahindra said that while the country was at the cusp of a major uptrend in innovation, India and China will not live up to their own aspirations simply by doing jugaad, or frugal innovation.

World business leaders today said there is a need for a 'golden triangle' collaboration between governments, companies and the civil society to rejuvenate the global economy, create jobs and fight corruption.

Leading world bankers at the World Economic Forum in Davos, Switzerland, are on the defensive amid demands to regulate their industry more closely following a financial crisis that has battered large chunks of the global economy.

Global markets have calmed significantly in the past year, but the world economy is not out of the woods yet, a panel of top officials and bankers said Wednesday as the World Economic Forum opened.

The high confidence levels of Indian CEOs is in sharp contrast to the declining confidence level of CEOs across the world in their own businesses as well as for the broader economic scenario.

The chief executive officers (CEOs) of Indian companies have emerged as the most optimistic lot in the world when it comes to expectations for improvement in global economy this year and revenue prospects of their own businesses in the longer term.

Half a decade on from the financial crisis, investors want to see earnings driven by more than just cost cutting.