The 89-year old said the strongest powers -- the US, China and Russia -- have "remained in the hands of would-be or actual dictators and the ranks of authoritarian rulers continued to grow".

Khan also said Pakistan has decided to partner any other country only for peace and named the partnership with the US as the one.

Underlining that years of economic stagnation have given way to a "roaring geyser of opportunity", Trump said, "I knew that if we unleashed the potential of our people, cut taxes, slashed regulation, fixed broken trade deals and fully tapped American energy that prosperity would come thundering back ... and that is exactly what happened."

China and India evoked the highest levels of confidence among major economies at 45 per cent and 40 per cent, respectively. The US was at 36 per cent, Canada at 27 per cent, the UK at 26 per cent, Germany at 20 per cent, France 18 per cent, and Japan having the least optimistic CEOs with only 11 per cent very confident of growing revenues in 2020.

For the first time, more than half of the CEOs surveyed by global consultancy PwC said they believe the rate of global GDP growth will decline. In comparison, the survey had found a record level of optimism among CEOs two years ago in 2018.

IMF Chief Economist Gita Gopinath also said the pickup in global growth for 2020 remains highly uncertain as it relies on improved growth outcomes for stressed economies like Argentina, Iran, and Turkey and for under-performing emerging and developing economies such as Brazil, India, and Mexico.

This next phase of globalisation needs to deliver economic growth so that it is equitable: Nadella.

Hard selling India as an investment destination at the WEF, Modi said the government is following the principle of reform, perform and transform.

Under the tagline of 'India means business', the roundtable was attended by 40 CEOs of global companies and 20 from India.

Modi, the first Indian prime minister to attend the summit in two decades, would deliver the opening plenary address at the summit on Tuesday.

It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.

"We have tweeted that the two leaders discussed a range of issues. A range of issues means a range of issues. I don't want to add anything further... I leave it to you to draw your conclusion," external affairs ministry spokesperson Gopal Baglay said.

The two-day G20 Summit saw the Indian side making "significant contributions" on resolve to counter terrorism and boost global trade and investment.

Mallya has been in the UK for months, escaping arrest warrants against him.

Arvind Panagariya, sherpa for India at the summit, tweeted about the "interaction".

The G20 leaders resolved to facilitate swift and targeted exchanges of information between intelligence, law enforcement and judicial authorities on operational information-sharing, preventive measures and criminal justice response.

Modi regretted that the international response to terrorism was weak and said more cooperation was needed to fight the menace.

Modi emphasised that it was necessary to work together for sustained global economic recovery.

A city like Davos in India would give a big boost to tourism, development, jobs and overall economy

Infosys chief Vishal Sikka also said that demonetisation has shown to the world that Indians are ready to adopt new technology disruptions.

According to Microsoft CEO Satya Nadella, data today shows that the world GDP growth is not "something great" and that calls for the need for new innovations like AI being taken very seriously.

Breaking his silence over the demonetisation issue, RBI Governor Urjit Patel on Sunday said the central bank is monitoring the situation on a daily basis and taking all necessary actions to "ease the genuine pain of citizens" with a clear intent to normalise the things as early as possible.

India must carry on structural reforms, the finance minister said.

Both countries have been working on administrative assistance.

Jaitley was speaking at a breakfast session.

Sikka dismissed that the new technology and connectivity would create imbalances.

As per the findings, CEOs are less optimistic about prospects this year.

India's ranking is worst among the five BRICS countries

Prime Minister Narendra Modi on Tuesday invited investors here to participate in the proposed divestment of Navratna PSUs

India and Singapore on Tuesday elevated their ties to the 'strategic partnership' level and signed bilateral agreements for enhanced defence cooperation and in areas like cyber security, shipping and civil aviation.

About 15 per cent of the country's total GDP comes from agriculture.

Arun Jaitley on Sunday said monetary policy plays an important role in stimulating growth.

Digital India and Make in India (initiatives) are designed to give special boost to manufacturing and India has huge potential in these areas.

India has been ranked very low, mostly in the bottom half, globally on most of the parameters for inclusive growth and development even as it fares much better internationally when it come to business and political ethics.

Finance Minister Arun Jaitley on Sunday asserted that India's "real economy" will dictate both the currency valuation and the market.

The IMF chief listed three key policy areas for women's empowerment as the education, getting a job and having a family.

India on Saturday favoured greater mobility of skilled labour

India on Saturday strongly demanded creation of global safety nets to address concerns over volatility in currency movements and markets.

IMF chief said the G20 leaders need to respond to the calls for creating jobs.

This is the 2nd lowest amount of funds held by Indians.