Latest Davos News & Updates

New Delhi, Jan 25 (IANS) India has reinforced its commitment to accelerate the clean energy transition through stable policies, global cooperation and long-term investment, positioning itself as a key driver of the global energy transition, Union Minister for New and Renewable Energy Pralhad Joshi said after returning from the World Economic Forum (WEF) Annual Meeting 2026 in Davos.Joshi said his engagements at WEF 2026 renewed global confidence in India’s renewable energy journey and strength…

Washington, Jan 25 (IANS) US President Donald Trump has directed his negotiating team to pursue a long-term deal to prevent a recurrence of the Ukraine war, senior administration officials said following what they described as productive discussions involving Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin.Recent diplomatic engagements in Davos, Abu Dhabi, and Russia focused on resolving what they termed the remaining open issues in the conflict, including security, p…

Rome, Jan 25 (IANS) Italian Prime Minister Giorgia Meloni has issued a strong public response after US President Donald Trump suggested that NATO allies had failed to fully support the United States during military operations in Afghanistan, remarks that have sparked backlash across Europe.In a statement posted on X, Meloni said, “The Italian Government has learned with astonishment of President Trump’s statements according to which NATO allies would have ‘fallen behind’ during operation…

Washington, Jan 25 (IANS) Indian and US officials are pushing to resolve the last few hurdles in a proposed bilateral trade agreement, with both sides close on substance but still divided on several sensitive tariff and sequencing issues, with both sides aiming for a durable deal that restores predictability and stability to bilateral trade.Negotiations over the last few weeks have narrowed to a small set of unresolved items, those familiar with the talk said. Technical teams are continuing disc…

Bengaluru, Jan 24 (IANS) The World Economic Forum (WEF) summit held in Davos, Switzerland, has emerged as a major catalyst for Karnataka’s economic progress, providing an official seal to investment commitments worth Rs 13,070 crore, stated Large and Medium Industries Minister M.B. Patil.He further stated that the summit is expected to help the state make significant strides in the coming days across sectors such as aerospace, food processing, data centres, digital infrastructure, clean energy…

Davos, Jan 24 (IANS) The 56th annual meeting of the World Economic Forum (WEF) here this week served as an essential and leading platform for convening decision-makers for consequential dialogue that enabled progress on the most challenging issues facing the world today.According to the WEF, close to 3,000 leaders from across regions, sectors and generations from 130 countries came together, including a record 400 top political leaders, nearly 65 heads of state and government, a majority of G7 l…

Davos, Jan 23 (IANS) Assam Chief Minister Himanta Biswa Sarma on Friday said the state has successfully concluded its debut participation at the World Economic Forum (WEF) Annual Meeting in Davos, unlocking new investment opportunities and strengthening Assam’s global economic outreach. In a post on X, the Chief Minister said he wrapped up Assam’s “successful Davos debut” after engaging with a wide cross-section of global business leaders, policymakers and changemakers. He said the engag…

Guwahati, Jan 23 (IANS) Assam Chief Minister Himanta Biswa Sarma on Friday said the state is set to establish a Centre of Excellence in collaboration with the World Economic Forum (WEF), marking a significant step towards strengthening the state’s global economic engagement and policy innovation. Sharing details of his interactions on the sidelines of the WEF Annual Meeting in Davos, CM Sarma said the decision was taken during a meeting with the WEF leadership team.The proposed Centre of Excel…

Ottawa, Jan 23 (IANS) Canadian Prime Minister Mark Carney rejected US President Donald Trump’s claim that Canada relies on the United States for its existence.Speaking in Quebec City, Carney emphasised Ottawa’s sovereignty and addressed Trump’s comments after returning from Switzerland without meeting with the US president, Xinhua news agency reported.On Wednesday, Trump said at the World Economic Forum in Davos that “Canada lives because of the United States.””Canada and the United States have …

Washington, Jan 23 (IANS) President Donald Trump said negotiations over a long-term US role in Greenland were ongoing and framed his push to end the Ukraine war as a life-saving effort, during an extended exchange with reporters aboard Air Force One as he returned to the US from Davos.“It’s infinity. The time limit is infinity. Meaning there is no time limit. It’s forever,” Trump said when asked about the duration of the Greenland concept, adding that “we can do anything we want. We ca…