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Inequality and unease are rising as elite Davos event opens with pro-business Trump set to attend

January 19, 2026
Finance

DAVOS, Switzerland, January 19, 2026 (AP) — Corporate chiefs and government leaders including U.S. President Donald Trump swarm into Davos, Switzerland, this week, joining an elite annual meeting that promotes dialogue and economic progress — even as a domineering tone from Washington has upended the global order and billionaires have reaped trillions in new wealth as the poor lag behind. The World Economic Forum, the think tank whose four-day annual meeting opens Tuesday, has a stated motto of “improving the state of the world,” and this year’s theme is “A spirit of dialogue.” One question is whether Trump will speak

What to know about the annual World Economic Forum meeting in Davos

January 19, 2026
Finance

DAVOS, Switzerland, January 19, 2026 (AP) — Nearly 3,000 high-level participants from business, government and beyond plus untold numbers of activists, journalists and outside observers are converging in the Swiss town of Davos for the World Economic Forum’s annual meeting. Here’s a look at the latest edition of the elite affair in the Alpine snows: The WEF and Davos The forum is a think tank and event organizer based in Geneva whose main event — the annual meeting — debuted in 1971 in Davos, a ski-resort town of about 10,000 people at a height of about 1,500 meters (nearly 5,000

Silver price hits another record of Rs 3 lakh per kg level in Delhi markets; gold scales new peak

January 19, 2026
Finance

New Delhi, Jan 19 (PTI) Silver prices surged Rs 10,000 on Monday to breach the record Rs 3 lakh-per-kilogram mark in the national capital, driven by strong demand in domestic and global markets, according to marketmen. The white metal traded at Rs 3,02,600 per kilogram on Monday against the previous closing level of Rs 2,92,600 per kg. Gold prices also witnessed robust gains in the local bullion market and scaled a fresh record. The yellow metal climbed Rs 1,900 to Rs 1,48,100 per 10 grams (inclusive of all taxes). It had finished at Rs 1,46,200 per 10 grams on Friday.

Rupee breaches 91/USD mark 2nd time in a month, ends 14 paise lower at 90.92 against US dollar

January 19, 2026
Finance

Mumbai, Jan 19 (PTI) The rupee breached the 91-a-dollar mark for the second time in a month before ending 14 paise down at 90.92 (provisional) against the greenback on Monday, as renewed concerns over global trade uncertainties accelerated foreign fund withdrawal. Despite weak American currency and lower crude oil prices, selling pressure in domestic equities pushed the Indian currency downward, forex analysts said. Investors were also concerned after US President Donald Trump announced tariffs on European countries if they resisted his plan to control Greenland. At the interbank foreign exchange, the rupee opened at 90.68 and slid past the crucial

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Centre extends CBI chief’s tenure by one more year amid Rahul Gandhi’s dissent

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