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diplomats of Iran and the United States sit down for public — and separate — one-on-one chats while the U.N. chief and leaders of France, Argentina and Spain will deliver speeches as the World Economic Forum's annual meeting saunters into a busy second day on Wednesday. The elite gathering in the Swiss ski resort of Davos takes a turn toward the environmental and climate concerns that have animated plea after plea from U.N. Secretary-General Antonio Guterres for the world to come together do take more united action against global warming — after a record-hot year in 2023.

Bharti Enterprises chairman Sunil Mittal says Vodafone Idea urgently needs $7-9 billion capital infusion to survive and a patient investor who has the wherewithal to withstand negative cash flows for some years. In an interview with Sruthijith KK on the sidelines of the World Economic Forum Annual Meeting in Davos, Mittal said ARPU (average revenue per user) needs to increase as 5G has been a huge load on telcos without any revenue coming through.

Monetary policy in India must remain actively disinflationary despite the recent sharp fall in core inflation, Reserve Bank of India Governor Shaktikanta Das said at the World Economic Forum in Davos. «When inflation is still above 5.5%, rather close to 6%, our monetary policy has to remain actively disinflationary and it would be too premature to talk in terms of a pivot in our monetary policy,» Das said in an interview with Reuters. He however acknowledged the recent fall in core inflation, which strips out volatile food and fuel prices, and said it gives them the satisfaction that monetary policy is working but the target for the monetary policy committee remains the headline number. The apex bank chief said the global geo-political situation remains volatile and could impact economies around the world with food inflation particularly vulnerable to spikes on the back of disruption in global supply chains and other risks. Das said he expects January inflation to moderate and the trend has been moderating but unless inflation reaches 4% on a durable basis, the bank cannot get lulled into a complacency or think of changing its policy focus. Annual retail inflation rose 5.69% in December, the fastest pace in four months but core inflation dropped to a four-year low of 3.8% from around 4.1% in November. Das, whose term is ends in December, would be the longest serving RBI governor since the 1991 liberalisation. He has led the world's fifth largest economy since 2018, keeping inflation and the currency relatively stable through successive shocks including the failure of a large non-bank lender, Covid-19 and the Ukraine war. He reiterated that the RBI intervenes in the exchange rate market only to prevent undue

Ukraine has won praise for stabilizing its economy under dire circumstances

set to immerse set to immerse players in the post-apocalyptic landscape of the Zone. Here’s a comprehensive breakdown of the release date, platforms, and storyline for this upcoming title.

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Davos: Supply cuts by OPEC , costly shipments from some traditional Middle East suppliers and geopolitical tension is driving India, the world's third biggest oil importer, to diversify its crude sources and accelerate its energy transition, its Oil Minister Hardeep Singh Puri said. "Whenever there is vulnerability and uncertainty in the market, the transition gets accelerated.

Hardeep Singh Puri said. «Whenever there is vulnerability and uncertainty in the market, the transition gets accelerated. No-one is looking at that», Puri told Reuters in an interview at this week's World Economic Forum in the Swiss ski resort of Davos, referring to attacks by the Houthis on ships in the Red Sea. Puri said that while OPEC+ nations have a right to decide on their energy production, supply cuts against such uncertainty, and the resulting adverse impact on global prices, will dent long term demand. It is «imperative» for India to accelerate its transition to green energy in this scenario, he added. Iraq followed Saudi Arabia in charging a premium for oil supplies to Asian markets which made their crude «more expensive than crude sourced elsewhere», the minister said, noting India is now buying from 37 countries up from 29 earlier.

geopolitics and artificial intelligence as more leaders from around the globe assembled at the snow-clad Swiss resort to discuss challenges and crises facing the world. On the second day, Ukraine President Volodymyr Zelenskyy and Chinese Premier Li Qiang stole the limelight, while Donald Trump was another talk of the town subject for his resounding victory in Iowa caucuses and the prospect of him returning to the White House.

Cost of Living LIVE Updates January 16: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

Ukrainian President Volodymyr Zelenskyy is headlining a frenzied first full day of the World Economic Forum’s annual meeting in the Swiss ski resort of Davos

At least $1 trillion of government securities traded daily in the most populous nation and biggest democracy is poised to become the darling of international investors when India this year joins the benchmark for emerging-market debt compiled by JPMorgan Chase & Co. India's entry following Russia’s exclusion after Vladimir Putin's 2022 invasion of Ukraine (and 2014 seizure of Crimea) and when China's sovereign debt is losing its luster, will make Asia's third-largest economy a beneficiary of as much as $40 billion of inflows during the next 18 months, according to Goldman Sachs Group Inc.

companies will survive the coming decade without a major overhaul because of pressure from climate change and technology like artificial intelligence, according to a new survey of CEOs by one of the world's largest consulting firms, PwC. The survey of more than 4,700 CEOs worldwide was released Monday as business elites, political leaders and activists descended on the World Economic Forum's annual meeting in Davos, Switzerland, and it showed a mixed picture of the coming years.

Romanian truck drivers and farmers are protesting again across the country again as negotiations with the coalition government over lower taxes, higher subsidies and other demands failed to reach any agreements

More executives are feeling better about the global economy

Leaders of talks on Ukrainian President Volodymyr Zelenskyy’s peace formula say a growing number of countries are working to help set the groundwork for Russia to join one day

Climate, conflict and the rise of artificial intelligence round out a to-do list of global priorities at this year’s edition of the World Economic Forum gabfest of business, political and other elites

Germany’s economy shrank 0.3% last year as Europe’s former powerhouse struggled with more expensive energy, higher interest rates, a lack of skilled labor and a homegrown budget crisis

Russian version of the popular Wikipedia internet encyclopaedia, will take place on Monday, according to Russian media reports. Beta testing — a limited audience testing of the site — started in mid-2023, the daily Kommersant reported, and there were reportedly already more articles in Ruwiki than in the Russian-language segment of Wikipedia.

Cost of Living LIVE Updates January 15: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

World Economic Forum Annual Meeting 2024 is set to commence in Davos, Switzerland, starting Monday. A gathering of more than 2800 leaders, including 60 heads of state and government officials, is anticipated for a comprehensive five-day discussion covering political, business, cultural, and global issues. India is poised to make a substantial impact, with three union ministers, three chief ministers, and over a hundred CEOs in attendance. In its 54th edition, the event will scrutinize pressing global issues, ranging from climate change and artificial intelligence challenges to economic intricacies and ongoing geopolitical conflicts such as the Ukraine War and Israel-Hamas tensions. Esteemed personalities like Li Qiang, Emmanuel Macron, António Guterres, Kristalina Georgieva, Ajay S. Banga, and Ngozi Okonjo-Iweala are among the notable participants.