Davos 2026 Kicks Off Amid Trade Tensions; IMF Lifts India Growth Forecast

Business
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CNBC TV18•19-01-2026, 22:11
Davos 2026 Kicks Off Amid Trade Tensions; IMF Lifts India Growth Forecast
- •World Economic Forum in Davos begins with global political and policy risks, including Trump's tariff threats against the EU.
- •IMF raises India's growth forecast to 7.3% for the current fiscal year and global growth outlook to 3.3% for 2026.
- •Indian markets closed lower, with Sensex and Nifty falling after Q3 earnings; rupee weakened against the dollar.
- •Ola Electric appoints Deepak Rastogi as new CFO after Harish Abichandani's resignation.
- •Axis Bank CEO flags deposit mobilization pressure, while Indian IT leaders at Davos are optimistic about AI-led growth.
Why It Matters: Davos 2026 highlights global trade tensions and AI opportunities, with IMF boosting India's growth outlook.
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