Ajay Singh said that SpiceJet made profits for 14-15 quarters in a row and it was only the last 2-3 quarters that were difficult, largely because of the massive increase in oil prices.
Various issues were discussed at the meeting of 32 members of the WTO on the sidelines of the World Economic Forum annual meeting
"The best minister in the government should be given the responsibility of the human resource development ministry," said former RBI governor Raghuram Rajan.
Kant said India is giving a big push to urbanisation with more than 100 smart cities being developed and is also using technology in a big way to change the way business and governance is done.
Speaking in Davos at a plenary session on 'Safeguarding our Planet' during the annual meeting of the World Economic Forum (WEF), he said "India, unlike many other countries, including in the West, is on track to meet the Paris commitments. India is not backing down."
Addressing a session on emerging market outlook in Davos at the WEF Annual Meeting, Nath said India is heading towards becoming the world's second-largest economy but that is happening because of lot many factors.
"Historically, India had a bigger role in the region but China has now grown much bigger than India and has presented itself as a counter balance to India in the region," Rajan said at the WEF Annual Meeting 2019.
The respondents in the survey of over 10,000 people were asked, do they think their country has a responsibility to help other countries in the world
The meeting, scheduled for January 24, will deliberate on the challenges confronting the aviation, travel and tourism (ATT) sectors and the key takeaways should help in potential policy reforms for these industries, and will be chaired by SpiceJet chairman and managing director Ajay Singh, SpiceJet said.
Released on the first day of the World Economic Forum (WEF) annual meeting, the survey also showed that China's popularity was falling among global CEOs but remained second most attractive after the US. However, both the countries saw their attractiveness dip sharply.
The crystal awards were given to three personalities -- conductor Marin Alsop, film director Haifaa Al-Mansour and broadcaster and naturalist Sir David Attenborough.
With an overall position of 45th and despite a fall of two places, China is the best performer among BRICS countries, while India remains the laggard of this grouping
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.
In India, the unpaid work done by women looking after their homes and children is worth 3.1 per cent of the country's GDP
The World Economic Forum said a "darkening" economic outlook, in part fostered by geopolitical tensions between the United States and China, "looks set to further reduce the potential for international cooperation in 2019."
The theme of the meeting this year would be 'Globalisation 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution'.
The annual 'Global Risks Report' by Geneva-based World Economic Forum (WEF) also flagged massive incidents of data fraud and large-scale cyber attacks among the biggest risks in terms of likelihood, while it also listed increasing polarisation of societies and growing wealth disparity among key concerns.
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.
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