Retail FDI: Sharma says pause cannot be too long

"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.

In an interview to NDTV from Davos in Switzerland, Mr Pilot says the online firms are over-reacting. They have to be more responsible and abide by Indian laws and can't simply wash their hands off.

Top economists and business leaders attending the WEF have also expressed optimism over the growth potential of India and China, amid gloomy global economic conditions.

Israeli Defense Minister Ehud Barak said today the world must quickly stop Iran from reaching the point where even a "surgical" military strike could not block it from obtaining nuclear weapons.

Sharma said that the decision to open 51 per cent FDI in multi-brand retail "could not be implemented.

"The Government is engaging with firms for solution and want to encourage growth of Internet, "Pilot added.

In a candid admission of the problems plaguing the world's largest economy, US Treasury Secretary Timothy Geithner today said the country is seeing "very high levels of poverty and inequality".

The head of the World Economic Forum has invited members of the 'Occupy' movement to meet him in person to discuss their concerns about the annual gathering of global business and government leaders.

Bill Gates, the richest man in the world, is committed to spread the good fortune and give it back overwhelmingly to help the world's poorest. The founder and chairman of Microsoft, said that he wants to help the world's poor with their farming, health, their water and sanitation. Bill Gates spoke to NDTV not just about his views on philanthropy but also about his rel...