Davos Highlights: Trump's 'Board of Peace', Cognizant's AI Bet, Rupee Slips, Maharashtra's $50B Haul
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CNBC TV18•20-01-2026, 11:06
Davos Highlights: Trump's 'Board of Peace', Cognizant's AI Bet, Rupee Slips, Maharashtra's $50B Haul
- •US President Donald Trump aims to sign the Gaza 'Board of Peace' at the World Economic Forum in Davos, facing pushback from allies like French President Emmanuel Macron.
- •Cognizant CEO Ravi Kumar S announced the company's shift to 'big and bold bets' with artificial intelligence at its core, and a potential secondary listing in India.
- •The Indian Rupee depreciated to 90.98 against the US dollar, nearing its record low of 91.08, due to strong dollar demand and foreign fund outflows.
- •Maharashtra secured over $50 billion in investments at the WEF in Davos, with Chief Minister Devendra Fadnavis presiding over various agreements.
- •Delhi-NCR continues to suffer from 'severe' air quality amid dense fog, with multiple locations recording AQI above 400.
Why It Matters: Davos sees Trump's peace plan, Cognizant's AI focus, rupee decline, and significant investments for Maharashtra.
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