Globalisation is losing its lustre: PM Modi in Davos
Speaking at the World Economic Forum in Switzerland's Davos, PM Narendra Modi on Tuesday said that globalisation was losing its lustre and protectionism was gaining more importance. India has opened "almost all areas" of its economy to FDI, he added. He further said differentiation between good and bad terrorism, global warming, and protectionism were the three challenges facing the world.