Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Davos and the Art of Decorative Governance
The New Indian Express Hubballi
|January 25, 2026
ACUTE ANGLE
The Davos meeting has once again become a stage for a grand performance that costs the Indian taxpayer dearly.
This January, the world witnessed the familiar sight of Indian politicians and corporate leaders flying to the Swiss Alps to participate in a ritual that has very little to do with the actual progress of the nation. We are told that the Maharashtra government signed memorandums of understanding (MoUs) worth ₹14.5 lakh crore on a single day. These numbers are so massive that they are impossible to verify or even visualise. They serve only one purpose: to create an illusion of growth while the ground reality remains grim.
This story is from the January 25, 2026 edition of The New Indian Express Hubballi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Hubballi
The New Indian Express Hubballi
IDBI Bank profit falls 5.3% despite 17% surge in NII
LIC-owned IDBI Bank on Thursday reported a marginal 5.3% drop in net income to 1,943.2 crore for the March quarter, despite a healthy core income growth.
1 min
May 01, 2026
The New Indian Express Hubballi
Jonty and Faf bat for wider inclusion of cricket in Europe
JONTY Rhodes, Faf du Plessis and Heinrich Klaasen are the latest to join the European T20 Premier League (ETPL), Europe’s first ICC-sanctioned T20 league, as owners.
1 min
May 01, 2026
The New Indian Express Hubballi
Mphasis profit rises 14% on AI deals
IT services firm Mphasis on Thursday reported a 14% year-on-year rise in net profit for the March quarter, supported by strong deal wins led by artificial intelligence.
1 min
May 01, 2026
The New Indian Express Hubballi
India should target $130 bn FDI by 2030, says Invest India CEO
INDIA'S share in global foreign direct investment (FDI) has doubled in recent years, but the country needs to significantly improve its storytelling to global investors to sustain momentum, Invest India CEO Nivruti Rai said on Thursday.
1 min
May 01, 2026
The New Indian Express Hubballi
Arsenal, Atletico Madrid trade penalties in nervy first-leg draw
JULIAN
1 mins
May 01, 2026
The New Indian Express Hubballi
Verdict in Khera anticipatory bail petition reserved
THE Supreme Court on Thursday reserved its verdict on the anticipatory bail application filed by Congress leader Pawan Khera challenging the Gauhati High Court’s order dismissing his pre-arrest bail petition.
1 min
May 01, 2026
The New Indian Express Hubballi
Cong relents, backs Uddhav candidate for MLC elections
SOFTENING its stand, the Congress on Thursday decided to support ally Shiv Sena (UBT)’s nominee Ambadas Danave for the Maharashtra legislative council election scheduled on May 12.
2 mins
May 01, 2026
The New Indian Express Hubballi
For India U17, qualifier win vs Iran blueprint ahead of Asian Cup test
THAT night in Ahmedabad — when India miraculously beat a much-favoured Iran side to qualify to the 2026 AFC Asian cup — will remain forever in the memory of U17 head coach Bibiano Fernandes.
2 mins
May 01, 2026
The New Indian Express Hubballi
Seek blessings of Almighty for peace in Manipur, CM tells Haj pilgrims
MANIPUR Chief Minister Yumnam Khemchand Singh has sought divine intervention for peace in the restive state.
1 min
May 01, 2026
The New Indian Express Hubballi
SC flags airfare surge, asks govt to file affidavit
THE Supreme Court on Thursday pulled up the Centre for not filing its affidavit on a petition that sought regulatory guidelines to control “unpredictable fluctuations” in airfare and ancillary charges imposed by private airlines.
1 min
May 01, 2026
Listen
Translate
Change font size