"I am not a doom and gloom guy," says RBI Governor Raghuram Rajan in Davos where he adds that the current market situation is very volatile. The RBI chief speaks about what policymakers are concerned about, saying "China slowdown, a cause of worry". He however says that India is in the process of recovery and limits of certain policies are worrying. Rajan ticks off the rich by saying, "This is an issue about the wrongdoers amongst the community who raised the cost of borrowing for everybody. This is saying if we can get those guys to behave." He adds, "I think on the banks we are in process of cleaning them up, we spent quite some time giving them the powers to take actions, now that they have those powers, they have a lot of flexibility on dealing with loans." He also speaks on fixing India's banks and falling commodity prices. Mr Rajan is very hopeful of the Indian economy and believes that India will lead in years to come.
The success of companies in using artificial intelligence (AI) depends on how they reskill their employees, Wipro Ltd Executive Chairman Rishad Premji told NDTV on the sidelines of the World Economic Forum (WEF) meeting in Davos.
Artificial intelligence (AI) is one of the focus points of the World Economic Forum (WEF) meeting in Davos. HCL Tech Chairperson Roshni Nadar Malhotra, recognising the role that AI plays and will play in the years to come.
US President Donald Trump said on Thursday he wanted to meet Russian President Vladimir Putin soon to secure an end to the almost three-year-old war with Ukraine,
US President Donald Trump issued a blunt warning to global elites in a video message to the World Economic Forum on Thursday: Make your product in the United States or pay tariffs.
Terming her meeting with Microsoft co-founder and billionaire philanthropist Bill Gates at Davos as "impactful", former Union Minister Smriti Irani said Thursday they "reaffirmed our shared dedication to empowering women".
Exuding confidence in the India growth story, industrialist Shobhana Kamineni said on Thursday there is no leader in the world other than Prime Minister Narendra Modi who can 'bend it like Beckham' when it comes to promoting economic growth.
Any further sanctions against Russia will not have any impact on India's crude oil requirements and the global prices should remain stable in the $75-80 per barrel range, as all sanction fears have already been factored in, Indian Oil Chairman said.
Artificial Intelligence may be doing a lot of work already but the world would still need 'head, heart and hands' of a human, Union Minister Jayant Chaudhary said on Thursday.
One of the most exciting sectors in India is civil aviation. Just a couple of years ago, Indian consumers had little choice, but now with several large airlines flying and proactive government policies, Indian aviation is one of the largest in the wo
Maharashtra, one of the largest states in India, has a huge presence at the World Economic Forum (WEF) in Davos. The team is led by Chief Minister Devendra Fadnavis, who told NDTV electric vehicles (EVs) are an area where the state has a major focus.
Amid the nationwide debate on work-life balance after problematic remarks by some industry leaders, Adar Poonawalla, CEO of vaccine manufacturer Serum Institute, has said it is not humanly possible to be productive beyond a certain number of hours
In a meeting with Microsoft founder Bill Gates, Chief Minister N Chandrababu Naidu discussed fostering partnerships to transform Andhra Pradesh into a global healthcare, education, and innovation hub.