All posts tagged: Davos2025

“Ukraine War Would End Immediately If…”: Trump’s Saudi Arabia Hint

“Ukraine War Would End Immediately If…”: Trump’s Saudi Arabia Hint

Published by Webster

Davos, Switzerland: US President Donald Trump issued a blunt warning to global elites in a video appearance at the World Economic Forum in Davos on Thursday: Make your products in the United States or pay tariffs. Beamed on giant screens in the Swiss Alpine village, Trump received a loud round of applause from political and business A-listers who had eagerly awaited his appearance all week. Speaking from the White House, the recently-inaugurated president touted his plans to cut taxes, deregulate industries and crack down on illegal immigration. But he also had a tough message. “Come make your product in America and we will give you among the lowest taxes of any nation on earth,” Trump said.  “But if you don’t make your product in America, which is your prerogative, then very simply you will have to pay a tariff.” In his wide-ranging speech, Trump made a link between the war in Ukraine and oil prices. Trump said he would ask Saudi Arabia and the Organization of the Petroleum Exporting Countries to bring down crude prices. …

Sanctions On Russia Won’t Have Big Impact On Oil Prices: Indian Oil Chief

Sanctions On Russia Won’t Have Big Impact On Oil Prices: Indian Oil Chief

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Davos: Any further sanctions against Russia will not have any impact on India’s crude oil requirements and the global prices should remain stable in the USD 75-80 per barrel range, as all sanction fears have already been factored in, Indian Oil Chairman Arvinder Singh Sahney said on Thursday. Speaking to PTI here during the World Economic Forum Annual Meeting, he also said there are several energy sources that can be tapped to meet India’s energy requirements in case of any eventuality. Asked about the Indian participation at Davos, Mr Sahney said it feels great to see India with a big presence here. “It helps as so many global corporates we can meet here at a single place. We can exchange ideas with all of them, and that’s good for the company and economy as a whole,” he added. On Donald Trump’s second US presidency and its impact on India, he said it should be positive for the energy sector because “he has emphasised that we have to produce more energy and we are not averse …

At Davos, Chandrababu Naidu’s To-Do List For Andhra Pradesh

At Davos, Chandrababu Naidu’s To-Do List For Andhra Pradesh

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Davos/New Delhi: Andhra Pradesh is working hard to become a green hydrogen hub and to take the lead in the area of artificial intelligence (AI) development, Chief Minister N Chandrababu Naidu told NDTV at the World Economic Forum (WEF) meeting in Davos. Green hydrogen is a clean energy source that only emits water vapour and leaves no residue in the air. Mr Naidu, who comes to Davos as part of the ‘India Story’, said he is keeping a keen eye on the latest global trends on investments. “Green energy, green hydrogen, and AI are hot subjects globally. We want to promote and be leaders in them,” Mr Naidu said. He said there are two sides to the speed of doing business. “Speed of doing business is one aspect. The other aspect is how departments can work to deliver services to citizens effectively and efficiently. We are in an inspiring time. We have access to historical data at a time when AI is becoming mature,” the Chief Minister said, adding the combination of real-time data collection, …

How Safe Are India’s Nuclear Reactors? What Global Watchdog Chief Said

How Safe Are India’s Nuclear Reactors? What Global Watchdog Chief Said

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Davos: India’s nuclear reactors are “absolutely safe” as it applies the highest levels of safety standards to its civil nuclear programme, the chief of global nuclear watchdog International Atomic Energy Agency (IAEA) has told NDTV. In an interview on the sidelines of Davos 2025, IAEA director general Rafael Mariano Grossi was asked how safe India’s nuclear reactors are. ”Absolutely safe. India applies to its civilian nuclear programme the highest levels of internationally agreed and IAEA established nuclear safety standards and security guidance,” he replied. On India’s fast-breeder nuclear reactor programme, the first of which is being developed at Kalpakkam in Tamil Nadu, Grossi said, “It could be an interesting add-on to its fleet.” India has imposed a voluntarily moratorium on nuclear explosive testing since the Pokhran tests in 1998. Asked if New Delhi would be within its rights to test if China or Pakistan went ahead with nuclear tests, Gross replied, ”Our position and the position of the international community is that we should move to a general ban on nuclear testing so we hope …

Maharashtra Signs Rs 4.99 Lakh Crore Memorandum Of Understanding At Davos

Maharashtra Signs Rs 4.99 Lakh Crore Memorandum Of Understanding At Davos

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Davos: Maharashtra, on the first day of the World Economic Forum (WEF) in Davos, has signed a memorandum of understanding (MoU) worth over Rs 4.99 lakh crore. This substantial investment promises to create over 92,000 jobs across multiple sectors, including defence, renewable energy, steel, infrastructure, and more. The largest deal announced was with the JSW Group, which will invest a staggering Rs 3 lakh crore in areas such as steel, renewable energy, cement, infrastructure, and electric vehicles (EVs). This partnership is set to generate 10,000 jobs in Maharashtra, specifically in Nagpur and Gadchiroli. Chief Minister Fadnavis thanked Sajjan Jindal, Chairman of JSW, for his commitment to Maharashtra’s growth. In another groundbreaking move, the state secured its first-ever agreement for Gadchiroli, a district that has traditionally seen less industrial development. The Kalyani Group will invest Rs 5,200 crore in defence, steel, and EV sectors, creating 4,000 jobs. This marks a crucial step towards balancing economic growth across the state, with Gadchiroli being the first district to benefit from such a high-profile deal. In total, a series …

WEF Chief To NDTV At Davos

WEF Chief To NDTV At Davos

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Davos/New Delhi: World Economic Forum (WEF) president and CEO Borge Brende has predicted India’s growth has potential to reach 7-8% with the help of reforms. At Davos, where the WEF brings together some of the world’s biggest leaders and thinkers, India has had a huge presence every year, and one of the primary themes has been growth. “India has a great potential, and it is still growing pretty well, 6 per cent this year. But there is no reason why India cannot pick up again and do 7 per cent, 8 per cent, provided that there are reforms on investments, infrastructure, investing in education and R&D [research and development],” Mr Brende told NDTV. “We do expect that in a few years, India will be 20 per cent of the overall global growth. That is quite incredible. And what works also for India is the enormous strength in startups. There are more than 1,20,000 startups in India. I think there are now more than 120 unicorns. So that ecosystem, I think, is the basis also for …