Davos (Switzerland), Jan. 31 : Union Commerce and Industry Minister Kamal Nath has stated that hope and aspiration in India is leading to social mobility and prosperity and these are the engines that are driving India's growth today.

Speaking at a Breakfast Session on "Surviving the Meltdown and Brand India", here today, Nath said that Brand India will be sustained by millions of "new" consumers seamlessly and further added that India neither needs to export a large part of its economy to balance domestic demand and supply, nor does it need to import large amounts of capital to balance domestic demand and supply.

Switzerland - With the issues of climate change and the global economic crisis coming to a head simultaneously, world leaders have focused on tying the two together, and businessmen Saturday were trying to find ways to make money from a green economy.

Europe's carbon credit trading program, in its second phase, is seen as being on the path to putting a price on pollution and creating a market that would allow for profit making.

Davos, Switzerland  - With the economic crisis likely to dominate much of 2009, world leaders in Davos Friday urged climate change issues to remain in focus.

Prime Minister Gordon Brown, German Chancellor Angela Merkel, the UN's Secretary General Ban Ki-moon and others attending the World Economic Forum warned against letting the economic worries overshadow the need to solve the climate issues as the two were interconnected.

Davos, Switzerland  - Pushing for active countercyclical economic policies to work the world economy out of the current downturn, Mexican President Felipe Calderon also said he would continue his tough stance on organized crime.

He said Mexico was, for the first time in the country's volatile history of financial crisis, in good shape to engage in public spending, as it had a sound banking system and was well capitalized.

Davos, Switzerland  - The fight against terrorism could only succeed in Afghanistan and Pakistan, officials gathered at Davos have said, if there was strong international military cooperation and if ordinary people's lives were improved.

The two neighbouring countries would have to implement a strategy which relied as much on development projects as it would on military action against extremists groups employing terrorism, otherwise the people would not be on board.

Davos (Switzerland), Jan. 30 : The Union Commerce and Industry Minister Kamal Nath said here that the Indian economy would continue to grow at a steady pace of 7 to 7.5 percent.

Addressing a press conference at the World Economic Forum here on Friday, Nath said the Indian economy grew by 7.8 per cent in the first half of this fiscal and is expected to maintain the same growth rate, more or less, in the next financial year.