'There are social groups that will tell you that they don't like something. If it is bad, we'll take it down.'
Countries benefit little from protectionist policies because every country has a tendency to help domestic companies going abroad either to invest or to produce.
"Many countries don't have laws to criminalise cyber crime, they don't have means and tools to investigate, to share information," said Yury Fedotov, who heads the United Nations office on drugs and crime.
Technology giant Google has finally spoken out on the controversy over objectionable content posted on its website and the legal battle it has led to. Speaking exclusively to NDTV's Shweta Rajpal Kohli from Davos, Google's Chief Business Officer Nikesh Arora said it was not possible for the company to monitor everything on its website. "I hope the government will take...
Chinese firms and govt funds have been buying up foreign companies and invest in foreign govt bonds in recent years.
Even business rivals, known for exchanging only harsh words, could be seen hugging each other and laughing together at off-the-record parties.
Morgan Stanley's Stephen Roach says China has a lot of discretion to use fiscal or monetary policy to temper the impacts of the slowdown whereas India has many problems. Current account deficit, weak currency and high inflation come in the way of easing the monetary policy. A high government deficit restrains the use of fiscal policy.
Noting that Germany is going to participate in reducing the imbalances in the European Union area, Merkel said Europe has an opportunity to prove that it can be a role model and play a major role in the global economy.
Sunil Bharti Mittal, chairman of Bharti Airtel spoke to NDTV Profit on the sidelines of the World Economic Forum and spoke on a range of issues from policy in India to challenges in the telecom industry.
Speaking to NDTV’s Ira Dugal at the World Economic Forum in Davos, Jamshyd Godrej, Chairman of Godrej and Boyce Manufacturing said that the developing countries are moving quite well and so the focus will always be where the growth is.
Speaking to NDTV’s Ira Dugal at the World Economic Forum in Davos, Mittal said that the government is aware about the policy issues and is confident that they would be sorted out soon. “I’m not worried much about India’s future growth,” he added.
Speaking to NDTV’s Shweta Rajpal Kohli at the World Economic Forum in Davos before President Obama's address, Premji said the US is over-sensitive on the loss of jobs and the issue will be hyped up even more as the elections are coming.
"The way trends are going, in ten years, the economies of emerging worlds will be in excess of $20 trillion...," said economist Nouriel Roubini.
There's a sense at the heavily guarded World Economic Forum in the Swiss Alps that free markets are on trial.
He said 400 million new jobs could be needed to be generated in next 10 years.
“The French-German alliance should stay strong, which is really important for the stability of the euro," he said.
"They (TCS) have given exceptional results... kudos to them on that," Mr Premji said.
Protest organizer David Roth told said that his group hadn't decided yet whether to accept.
As global CEOs arrive in Davos, labour leaders from across the world plan to press for immediate steps to generate new jobs and end income inequality.