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G20 nations

'UN keen on furthering MDB reforms initiated during India's G20 Presidency'

UN Secretary-General Antonio Guterres is keen on continuing the momentum of Multilateral Development Banks (MDB) reforms initiated during the G20 presidency of India, Chairman of the 15th Finance Commission N. K. Singh has said. Singh, who had met Guterres at the UN headquarters in New York on April 12, said he had a positive interaction with the UN chief. Deputy Secretary General Amina Mohammed was also present during the meeting. Guterres was very keen on continuing the momentum of MDB reforms initiated during India's G20 Presidency and as contained in the 2 Vol. IEG Report, Singh said in a post on X, referring to the report of the Independent Expert Group. Singh said the report had been accepted by the G20 and, therefore, had ongoing traction. Guterres said that the UN would endeavour to keep this item high on the agenda for the Summit of the Future in September and thereafter in the Summit on Financing for Development in June 2025, Singh said. The ambitious Summit of the Futu

'UN keen on furthering MDB reforms initiated during India's G20 Presidency'
Updated On : 22 Apr 2024 | 11:37 AM IST

Global future won't be driven by big tech but by India's DPI: Amitabh Kant

India's G-20 sherpa Amitabh Kant on Thursday said the global future will not be driven by big technology firms but by the digital public infrastructure platforms developed locally. Speaking at the 'We Made in India' event here, Kant said India will transfer its digital public infrastructure (DPI) to the rest of the world, and already there are many examples of countries warming up to the same. The DPI consists of the digital identity through Aadhaar, real time payment through the UPI platform and other services like account aggregator, and was showcased to the world during India's presidency of G-20 last year. Kant said during the G-20, the world accepted the definition and framework of the DPI, given the strides that India has made through its strategies. "During G-20, the world accepted the definition of digital public infra, the world accepted the framework of DPI and to our belief, the future will not be driven by big tech, it will be driven by DPI," he said. It can be noted t

Global future won't be driven by big tech but by India's DPI: Amitabh Kant
Updated On : 18 Apr 2024 | 3:03 PM IST

World economy's great escape worries G-20 amid surging geopolitical risks

IMF chief Kristalina Georgieva has signaled that the fund will also slightly raise its forecast, to be released Tuesday, from the current 3.1 per cent

World economy's great escape worries G-20 amid surging geopolitical risks
Updated On : 14 Apr 2024 | 7:31 AM IST

Moody's sees faster CY24 GDP growth; CMIE predicts low FY25 inflation

For the upcoming financial year, the RBI has projected growth of 7 per cent, while the State Bank of India (SBI) revised upwards its projection to 8 per cent

Moody's sees faster CY24 GDP growth; CMIE predicts low FY25 inflation
Updated On : 04 Mar 2024 | 11:46 PM IST

Global watchdog to report in October on how social media fuels bank runs

A U.S. regulator last week called for new liquidity rules to cope with outflows over five days

Global watchdog to report in October on how social media fuels bank runs
Updated On : 22 Jan 2024 | 10:20 PM IST

NDRF to observe 2024 as year of CBRN preparedness, response

The NDRF has decided to observe 2024 as the year of chemical, biological, radiological and nuclear (CBRN) preparedness and response and will undertake training and exercises to attain better capability to deal with such disasters, Director General of the force Atul Karwal said Friday. He was speaking at the Vigyan Bhawan here during the 19th raising day of the federal contingency force. The DG said the Union home ministry, under which the force functions, has sanctioned fresh equipments to it for CBRN combat. The force has procured seven HAZMAT (hazardous material) vehicles during the recently concluded G20 Summit in the national capital for tackling CBRN accidents and disasters. The force, Karwal said, also has trained three teams for tackling forest fires and new equipment for this task are being procured, a job entrusted to the NDRF in 2023. He said the ministry of home affairs has also sanctioned eight new regional response centres (RRCs) for stationing its rescuers in various

NDRF to observe 2024 as year of CBRN preparedness, response
Updated On : 19 Jan 2024 | 11:52 AM IST

Year in review: How India's political landscape transformed in 2023

With the end of another year, we take a look at the biggest headlines and stories from Indian politics that defined 2023

Year in review: How India's political landscape transformed in 2023
Updated On : 27 Dec 2023 | 6:05 PM IST

Year Ender 2023: G20 stands out as India's diplomatic achievement of year

India assumed the G20 Presidency on December 1, 2022

Year Ender 2023: G20 stands out as India's diplomatic achievement of year
Updated On : 25 Dec 2023 | 7:50 AM IST

India's 2023 rise: G20 success, space feats, global 'Naatu Naatu' craze

From hosting a successful G20 Summit to rewriting the annals of space exploration and making the world dance to Naatu Naatu, 2023 saw India establish itself as more than a soft power

India's 2023 rise: G20 success, space feats, global 'Naatu Naatu' craze
Updated On : 23 Dec 2023 | 12:43 AM IST

Sustainable debt management on agenda for NITI's global green push

Report on G20 deliberations says credit rating agencies should be regulated for fair assessments of emerging countries

Sustainable debt management on agenda for NITI's global green push
Updated On : 19 Dec 2023 | 10:07 PM IST

WHO chief lauds sustainable planet theme under Brazil's G20 presidency

"I'm one of the founder members of the G20," Lula da Silva said, pointing out that a summit like the G20 shows the importance of a multipolar world

WHO chief lauds sustainable planet theme under Brazil's G20 presidency
Updated On : 14 Dec 2023 | 2:14 PM IST

India achieved the extraordinary during its G20 presidency, says PM Modi

Prime Minister Narendra Modi has asserted that India achieved the extraordinary during its G20 presidency as it revitalised multilateralism, amplified the voice of the Global South, championed development, and fought for the empowerment of women everywhere. With Brazil set to take over the presidency from December 1, Modi highlighted the elite group's journey under India and expressed confidence that his country hands over the charge with the conviction that our collective steps for people, planet, peace, and prosperity, will resonate for years to come. In an opinion piece which appeared in several newspapers on Thursday, Modi said India's approach was defined by being "inclusive, ambitious, action-oriented, and decisive" and the New Delhi Leaders' Declaration (NDLD), unanimously adopted by all G20 members, is testimony to our commitment to deliver on these principles. Noting that it has been 365 days since India took the Chair, he said the global landscape grappled with multifacete

India achieved the extraordinary during its G20 presidency, says PM Modi
Updated On : 30 Nov 2023 | 9:49 AM IST

India to triple renewable energy capacity by 2030; needs financing: Report

India's 14th National Electricity Plan (NEP) sets it on a path to more than triple its renewable energy capacity by 2030, but the country needs a whopping USD 293 billion to achieve this, according to a report released by global energy think tank Ember on Wednesday. The International Energy Agency (IEA) says the world must triple its renewable energy capacity and double energy efficiency by 2030 to decrease the need for fossil fuels and limit global warming to 1.5 degrees Celsius by the end of the century. Led by the US, the European Union (EU), and the UAE, over 60 countries now support the commitment to triple renewable energy and double energy efficiency. While the G20 nations have endorsed tripling renewable energy capacity by 2030 under India's presidency, the UAE, hosting this year's UN climate conference, advocates for a global agreement on this at COP28. Ember's analysis reveals that India requires an additional financing of USD 101 billion (one billion=Rs 100 crore) to ...

India to triple renewable energy capacity by 2030; needs financing: Report
Updated On : 29 Nov 2023 | 11:01 AM IST

Israel-Hamas war shouldn't turn into regional conflict: Modi to G20 leaders

Says we've to move forward in understanding the seriousness of deepfakes

Israel-Hamas war shouldn't turn into regional conflict: Modi to G20 leaders
Updated On : 22 Nov 2023 | 11:34 PM IST

Ahead of G20 virtual meet, India resumes e-visa service for Canadians

India had suspended visa services in September this year following the allegations against India being involved in the killing of Khalistan separatist Hardeep Singh Nijjar

Ahead of G20 virtual meet, India resumes e-visa service for Canadians
Updated On : 22 Nov 2023 | 1:44 PM IST

Chinese Premier Li to attend virtual G20 leaders' summit convened by India

Chinese Premier Li Qiang will attend the virtual G20 Leaders' Summit at India's invitation on Wednesday, the Chinese Foreign Ministry announced here on Tuesday. The G20 virtual summit will take forward key outcomes and action points firmed up at the annual conclave of the grouping in September under India's presidency, the Ministry of External Affairs (MEA) in New Delhi said in a statement. The summit will also delve into the impact of the Russia-Ukraine war and the Israel-Hamas conflict. It is also expected to push for the effective implementation of various decisions taken at the bloc's annual summit in New Delhi over two months back, the statement said. Li will attend the meeting at the invitation of the Indian government, China's Foreign Ministry Spokesperson Mao Ning told a media briefing, state-run Xinhua news agency reported. Leaders of all G20 Members, including the Chair of the African Union, as well as nine Guest countries, and Heads of 11 International Organisations, hav

Chinese Premier Li to attend virtual G20 leaders' summit convened by India
Updated On : 21 Nov 2023 | 3:46 PM IST

India made G20 far more inclusive by making AU permanent member: Kant

India has made G20 far more inclusive by ensuring the induction of the African Union as a permanent member of the grouping under its presidency, New Delhi's G20 Sherpa Amitabh Kant said on Tuesday, days ahead of the second edition of the virtual Voice of Global South summit. In an address at a conference, Kant also described the G20 New Delhi leaders' declaration as a very hard-fought victory for the Global South as it reflected the aspirations of the developing countries. The conference themed "G20 Delhi Summit: Inclusive Growth and Rise of the Global South" was organised by India Writes Network, Centre for Global Insights India and School of International Relations, Jawaharlal Nehru University. "One of the lasting images that will carry on forever in my mind of India's G20 presidency is the image of the prime minister hugging the president of Comoros and welcoming the African Union as a permanent member of the G20," Kant said. "With that one stroke, India ensured that the G20 bec

India made G20 far more inclusive by making AU permanent member: Kant
Updated On : 14 Nov 2023 | 9:34 PM IST

Momentum must be maintained on New Delhi Leaders' Declaration: FM on G20

Finance Minister Nirmala Sitharaman on Monday said India's G20 Presidency has provided a clear policy direction for addressing the needs of the majority of the global population whose voices are often unheard in multilateral forums. "However, we still have work left to do," the minister said in an inaugural address at the Seminar on 'Strong, Sustainable, Balanced and Inclusive Growth', organised by the ministries of finance and labour, and the commerce department. On December 1, 2022, India assumed the mantle of G20 Presidency. The G20 New Delhi Leaders Declaration (NDLD), unanimously agreed to by all G20 countries, addresses some of the pressing challenges confronting the global economy and also provides policy guidance for a future built on people-focused principles and trust-based partnerships, Sitharaman said. "Even though by the end of this month, our role as G20 Presidency comes to an end, momentum must be maintained on the policy guidance in the New Delhi Leaders' ...

Momentum must be maintained on New Delhi Leaders' Declaration: FM on G20
Updated On : 06 Nov 2023 | 6:44 PM IST

India's G20 Presidency opens doors for global investment: MoS Finance

India's G20 Presidency has opened doors for global investment and sustainable economic growth, Minister of State for Finance Pankaj Chaudhary said on Saturday. Under the able leadership of Prime Minister Narendra Modi, significant developments were made with world leaders, he said at an event organised by PHD Chamber of Commerce and Industry. "India's G20 presidency has opened doors for global investment. We know that the G20 will support the financial sector in ensuring sustainable economic growth and the stability of financial markets," he said. Speaking on digitisation, he said, the development of digital infrastructure is an important step in enhancing trade and commerce in the country. The adoption of digitalization in our capital markets have increased efficiency, transparency and accessibility, he said. Further, he said, by reducing intervention and embracing technology, we can improve the integrity and security of our capital markets. Over the past few years, especially a

India's G20 Presidency opens doors for global investment: MoS Finance
Updated On : 28 Oct 2023 | 9:23 PM IST

No support for terrorism, terror activities in India: LS Speaker Om Birla

Lok Sabha Speaker Om Birla on Sunday said he has conveyed to his counterparts from G20 nations that India does not support terrorism or terror activities in any form. Birla was responding to questions on the bilateral meetings he had with Speakers of G20 nations during the Parliament 20 Summit that concluded here on Saturday. "The position of the government is very clear in this regard. The prime minister has also said it in his statement. The government has made it clear that terrorism and terror activities have no place in India," the Lok Sabha speaker said while briefing reporters on the P20 Summit. He was responding to a question on whether any Speaker from the G20 countries had raised the issue of presence of people in India who were pursuing separatist activities abroad. "It is a clear government policy terrorism, be it of caste or religion terrorism is terrorism, and no form of terror will find any support in India. This is the clear government policy," Birla said. On the

No support for terrorism, terror activities in India: LS Speaker Om Birla
Updated On : 15 Oct 2023 | 7:26 PM IST