While several top leaders have decided to stay away from Davos, others believe their absence underlines the need for an immediate brain-storming over the imminent risks faced by the world.

Last week, Trump cancelled his planned trip to the World Economic Forum (WEF meeting), citing the \"intransigence\" of the Democrats on his funding request to build a controversial wall along the US-Mexico border.

Trump also said that under his administration, the US is turning all of that around with fair trade deals that put American farmers, ranchers, and in fact put America first

GST Council Meet: GST exemption limit increased from Rs 20 lakhs to Rs 40 lakhsThe GST Council relaxed tax exemption limit to Rs 40 lakh from the earlier cap of Rs 20 lakh during its 32nd meeting on Thursday. The all-powerful panel also decided to extend the composition scheme to traders from informal sector rendering services or mixed supplies with a turnover up to Rs 50 lakh. The exemption limit for small states has also been increased to Rs 20 lakh from Rs 10 lakh.World Bank's global repor...