Modi is the first Indian prime minister to attend the Davos summit in 20 years.
Spurred by the popularity of Mahatma Gandhi at the recent World Economic Forum, which displayed statues of the Indian leader at various venues, the Davos city council has approved setting up a permanent Gandhi monument there.
It will be like Ghar ka Swad Davos mein for the PM.
Schwab is in New Delhi for the India Economic Summit, which has been organised by the WEF in partnership with Indian industry chamber Confederation of Indian Industry.
The World Economic Forum's annual meeting would be held in Davos in 2004, but it is not certain if Davos would host the meeting in 2005.
India will press for greater market access for developing countries in the services sector besides highlighting concerns in agriculture and industrial goods negotiations at the World Trade Organisation mini-ministerial on Saturday at Davos.
The Forum will host a special session on 'The reality of terrorism', to be initiated by Union home minister P Chidambaram. The deputy chairman of the Planning Commission, Montek Singh Ahluwalia, and commerce and industry minister Anand Sharma will be part of the Indian delegation.
Nearly 100 government heads and business leaders from the Middle East region attended the five-day summit, participating in panel discussions on topics as wide-ranging as Sovereign Wealth Fund management to sustainable development.
Under the tagline of 'India means business', the roundtable was attended by 40 CEOs of global companies and 20 from India.
Maharashtra has bagged investments worth around Rs 45,900 crore on the first day of the Annual Conference of World Economic Forum underway in Davos, Switzerland, said state Industries Minister Uday Samant. This investment is likely to create direct employment for at least 10,000 people in the state, said Samant on Monday. "Chief Minister Eknath Shinde has arrived at Davos today (Monday) for the international conference of the World Economic Forum and he visited the Maharashtra Pavilion prepared at Davos.
Maharashtra Chief Minister Eknath Shinde on Wednesday said Memorandums of Understanding worth Rs 1.37 lakh crore have been signed at the World Economic Forum (WEF) annual meeting in Davos in Switzerland and termed it as a "big achievement". This will generate employment for one lakh people, said Shinde, who was in Davos to seek investments in Maharashtra. "The MoUs will not remain just on paper," he said, adding that foreign investors have shown trust and faith in the state government.
Union Minister of Commerce and Industries Kamal Nath, would lead a high powered team to Davos in Switzerland sources in the government of India said in an informal chat with rediff.com.
An 80-member strong Indian delegation from the Confederation of Indian Industry will participate in the World Economic Forum's Annual Meeting in Davos, Switzerland, from 23-27 January 2008.
Maharashtra Chief Minister Vilasrao Deshmukh would be making a strong pitch for attracting foreign investment during a presentation at the World Economic Forum in Davos. Inviting global business leaders to invest in Maharashtra, Deshmukh would be making a presentation at the four-day WEF meet in Switzerland beginning on January 23, official sources said.
The Geneva-based World Economic Forum would be playing host to 1,400 from top 1,000 companies around the world, 30 heads of states or governments, renowned academicians, artists and the faith leaders, including head of the Chinmaya Mission in New Delhi.
At Davos on Thursday, all eyes were on China's vice-premier Li Keqiang, tipped to become the next Chinese prime minister.
FM will participate in WEF meet at Davos. Global equity woes likely to dominate talks at the meet.
Swiss foreign minister Ignazio Cassis said Russia would be asked to join the peace plan discussions at some point in time but to bring Russia on the table would require mediation by some countries.
From the 30-share blue-chip pack, Mahindra & Mahindra, Zomato, Tata Motors, IndusInd Bank, Reliance Industries, Larsen & Toubro, UltraTech Cement, HDFC Bank, Adani Ports and Bajaj Finserv were among the major laggards. On the other hand, Hindustan Unilever, Tech Mahindra, Nestle, Bharti Airtel and ICICI Bank were among the gainers.
As the shadow of governance deficit and corruption back home threatened to lengthen behind the glorious Davos sun, India's image managers launched a spirited damage control exercise on the penultimate day of the World Economic Forum (WEF).
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.
'The very fact that his autobiography is called India Rising is a correct example of his wish for India to be a developed country and do as best as possible by science reaching to the common people.'
There is a significant shift happening towards emerging economies as they start to integrate more rapidly into the global trading system
At the meeting the Sharif said that all concerned ministries should ensure 'seamless coordination' to ensure steady supply of petrol in all parts of the country.
What's hot? What's not? What's next? C P Gurnani shares his highlights of the World Economic Forum Annual Summit in Davos.
Congress president Sonia Gandhi and Prime Minister Manmohan Singh will not be able to attend the annual World Economic Forum meeting to be held at Davos from January 24-28 next year.
Barring a few, such as Andhra Pradesh Chief Minister N Chandrababu Naidu (74), Union Minister C R Patil (69) and Uttar Pradesh Finance Minister Suresh Khanna (71), most other ministers attending the WEF represent the next generation of India's politicians.
The findings, released at the World Economic Forum meeting in Davos on Friday, come at a time when the global economy is going through stressful times.
Farm workers and drivers will figure among the fastest growing jobs over the next five years, while roles of cashiers and ticket clerks will see the largest decline, a new study showed on Wednesday. In its Future of Jobs Report 2025, the World Economic Forum (WEF) also said that 170 million new jobs will be created by 2030, while 92 million are projected to be displaced, resulting in 78 million net new jobs.
The WEF said its annual meeting is taking place at a time when multiple crises have deepened divisions and fragmented the geopolitical landscape.
Budget forces last minute change in finance minister's plans.
'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'
Is a sulking Eknath Shinde on the way out as Shiv Sena chief?
