Asian markets dipped on Monday as traders were concerned about a weaker than expected US fourth quarter economic data.
Yunus said that money is now the king, becoming an "intoxication in the system".
Speaking to NDTV Profit’s Ira Duggal at the World Economic Forum in Davos, Chaudhuri said that the policy rates or OMOs do not have a lasting impact on the interest rate environment.
NDTV’s Shweta Rajpal Kohli caught up with motivational speaker Jessica Cox along with the top management of Mahindra Satyam, Vineet Nayyar, VC, MD & CEO at Tech Mahindra and C P Gurnani , CEO, Mahindra Satyam to discuss her story.
DLF Chairman KP Singh too feels that money will go to only those countries, which investors find more friendly, more competitive.
India's story has emerged stronger with the business world appreciating the fine balance between democratic processes and economic growth.
From igloos to topless protesters, the World Economic Forum this year had its fair share of innovative protests and campaigns reflecting people's growing frustration with the present economic system and rising inequalities.
Three topless Ukrainian protesters were detained on Saturday while trying to break into an invitation-only gathering of international CEOs and political leaders to call attention to the needs of the world's poor. Separately, demonstrators from the Occupy movement marched to the edge of the gathering.
"It will happen and the pause cannot be too long," he said at a panel discussion on 'How Immune is India?' at the annual World Economic Forum meeting here.
"Some countries have to go full-speed ahead to do this fiscal consolidation," Lagarde said.
Speaking to NDTV’s Ira Duggal at the World Economic Forum in Davos, Professor Kenneth Rogoff said that a country like India should focus on liberalisation and reforms than worrying about the macroeconomic picture.
Harish Manwani, Chief Operating Officer of Unilever believes that if India improves its productivity, it will be able to achieve the growth inflation balance.
Speaking to NDTV’s Shweta Rajpal Kohli on whether the FDI in retail move was ill-timed he said, “We can't go for a muhurat (auspicious time) for taking decisions and a large number of states wanted FDI in retail but backed out due to partisan politics.”
Roubini said slow growth in advanced economies may lead to "a U-shaped recovery rather than a typical V."
He feels that perception management and brand building is what India needs to do on a global stage. He said that senior government functionaries should have been in Davos.
Carlos Ghosn, chairman and CEO, Nissan-Renault Alliance, said that they are aiming to raise India market share to 10 per cent.
As far as India is concerned, Lall said, “Our problem is growth. Interest rates will not be able to come down and I think it is a backdrop for reasonable performance in India.”
Greece has already imposed tough austerity measures, including deeply resented salary and pension cuts.
He said that Wipro will outperform the industry. "We will be very disappointed if we don't. Our assessment is that irrespective of what IMF said the situation in terms of industry leadership confidence and enthusiasm in the US is positive," Premji said.
A day after Google's top executive told NDTV it's not possible to censor content on the Web, Minister of State for Information and Technology Sachin Pilot has said there is no question of censoring content online and taking away free expression of people.