Senior Union minister Ashwini Vaishnaw on Tuesday said there is a lot of curiosity in the world about the democratisation of technology and asserted that it is the right way to go ahead to ensure the benefits of AI and all other tech innovations for everyone.

Addressing a press conference here on the sidelines of the World Economic Forum Annual Meeting, he also said the Central government will welcome more states to join WEF delegations as it pushes Prime Minister Narendra Modi's cooperative federalism mantra.

Union Minister Pralhad Joshi, on Wednesday, during the World Economic Forum, explained how the shift toward green energy is acting as a powerful tool for economic growth. He stated that by focusing on renewable energy sources such as the sun and wind, the country is now able to produce electricity at a much lower cost for its citizens.

Connecting the energy shift to national progress, Union Minister Pralhad Joshi said, "India's agenda at Davos is that transition is not a burden for growth, it is an engine for growth. And because of that, the cost of renewable energy has come down in India. Because of this renewable movement, which the Prime Minister started almost from 2015-16 and very aggressively from almost 2019, it is bringing down the entire cost of electricity in India. Now, Andhra Pradesh has said that we are going to reduce the cost of electricity. Devendra Fadnavis, the Chief Minister of Maharashtra, has announced that the tariff will come down. Now we're pitching for battery storage, pump storage, grid stability, green energy corridor, all these things put together in the coming days, India can showcase itself that we are producing green energy, transition is also happening, and growth is also taking place. Our growth is good, and our renewable energy is also growing well."

Global companies are putting their trust in India due to their trust in the country's stable government, stable policy, and its talent pool, and Prime Minister Narendra Modi is our best USP on the world stage, Union minister Pralhad Joshi said on Tuesday.

Speaking to PTI during the World Economic Forum Annual Meeting here, the Minister for New and Renewable Energy said that during his interactions here, he has seen that people have trust in the leadership of our country, and they know theirs would be a good investment.

On India's target to become the third largest economy in the world, Joshi said India has moved on to become the fourth largest economy from being a fragile economy some 10-11 years ago.

(PTI)

Canada "stands firmly" with Greenland and Denmark, Prime Minister Mark Carney said Tuesday, after US President Donald Trump vowed his plan to take control of the autonomous Danish territory was irreversible.

"Canada stands firmly with Greenland and Denmark and fully supports their unique right to determine Greenland's future," Carney told the World Economic Forum in Davos, Switzerland.

Carney's address to the world's political and financial elites also touched on themes he has addressed since entering Canadian politics last year, namely that a system of US-led global governance will not return to a pre-Trump normal.

(AFP)

European Commission President Ursula von der Leyen vowed an "unflinching" response to US President Donald Trump's threats regarding Greenland.

The world's political and business elite are gathering in the Swiss Alps this week amid deepening global uncertainty, and few appearances are being watched more closely than that of Trump, who is set to return to the WEF for the first time in 6 years

European Commission President Ursula von der Leyen on Tuesday signalled that negotiations between India and the European Union are approaching a significant phase.

French President Emmanuel Macron on Tuesday sharply criticised the United States' trade practices, saying Washington's tariff threats "openly aim to weaken and subordinate Europe" and are being used as leverage against territorial sovereignty, in a subtle reference to US President Donald Trump's suggestion of annexing Greenland.

During his address at the 56th Annual Summit of the World Economic Forum (WEF) in Davos, Macron highlighted rising global instability and imbalances across security, defence, and economic domains.

"It is clear that we are moving into a time of instability and imbalances, both from a security, defence, and economic point of view," he said.

(ANI)