WEF Annual Meeting News
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Nadella said the fourth industrial revolution also needs to deliver on technology and innovation that can drive economic growth.
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Modi is expected to be accompanied by some union ministers and top government officials, while a large India Inc delegation led by apex industry chamber CII will also be present at the meet, whose theme will be 'Creating a Shared Future in a Fractured World'.
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Rapid technological change threatens to create a new swathe of have-nots and displaced digital refugees, and the solution to this lies in technologies themselves, leaders say.
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Globalisation is a "double-edged sword" but cannot be blamed for problems being faced by the world, Chinese President Xi Jinping Tuesday said even as he called for a greater role for emerging economies in governance of global institutions.
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India features among top six for global executives when it comes to overall growth prospects over the next 12 months, but enthusiasm for investing in the country has dropped from three years ago, finds out a survey.
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World's rich and powerful people, including over 100 from India, as well as government heads from the UK, China, Pakistan and Bangladesh will be in this Swiss ski resort for 5-day WEF Annual Meeting beginning on Moday to hold discussions on global economy and need for a 'responsive and responsible leadership'.
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Chief executives need to move away from short-term thinking and take bold measures to promote diversity, according to leaders gathered at the WEF annual meet.
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She also said the fourth industrial revolution currently underway would bring about a major change in the world and would require change in the way GDP is calculated.
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India can stand out in the gloomy global economic situation with headwinds from China and the US if it continues with "reforms and responsible economic planning", Finance Minister Arun Jaitley Friday said expressing confidence that the country will prove its resilience.
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The European Union is "falling apart", American financier George Soros warned as part of wide-ranging remarks at the World Economic Forum in Davos, Switzerland, on Thursday.
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Lagarde said China is "going through a list of transitions".
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India has also become one of the five most promising overseas markets for the businesses globally, according to the annual global CEO survey of consultancy giant PwC released here at the WEF Annual Meeting.
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The headline guests include British Prime Minister David Cameron, US Vice President Joe Biden, French Prime Minister Manuel Valls and newly-elected Canadian Prime Minister Justin Trudeau.
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On the agenda of Mastering the Fourth Industrial Revolution are the acute challenges of geo-economics, global security, public health, education, gender parity and climate change, WEF said.
As this ski resort town got a fresh coat of snow -- the first in four days since the annual WEF summit began on Tuesday -- it was a mad rush for masala chai and hot Indian snacks at 'Make In India' lounge.
Having set a world record with fastest roll-out of its financial inclusion scheme 'Jan Dhan', the government expects its ambitious power sector programme to create more such records, including by making India the world's largest destination for renewable energy.
Andhra Pradesh Chief Minister N Chandrababu Naidu, who is in Davos to attend the ongoing World Economic Forum Summit, met several top corporate heads there to attract investments in the state.
Striking a note of caution, Italy's Prime Minister Matteo Renzi today said Europe needs to eliminate red tapism "or it will be finished".
Emerging markets need to reduce their dependence on external financing and push through internal reforms to differentiate themselves from others, says a report.
As companies find it challenging to find right talent, global human resource major ManpowerGroup has suggested they develop a flexible workforce and identify 'under-utilised' talent pools.
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