G20

High interest rates may impact borrowers' debt service capacity: FSB to G20

India has set priorities for its G20 Presidency which will benefit the global south, former diplomat J S Mukul said here on Monday. India assumed the Presidency of the G20 for one year from December 1, 2022, to 30 November 2023. "We don't forget our friends in the global south. That's why the prime minister held a virtual summit of 125 countries to set the agenda for India's presidency. India, as the host, has invited organisations and countries from the global south. It shows the priorities," he said in his keynote address at a G20 University Connect event organised by the Central University of Kashmir. He said events had been scheduled in 50 cities of the country to showcase "Incredible India as the mother of democracy". According to the former ambassador to the Netherlands, the themes outlined by India for its presidency have green development and climate change mitigation at the top of the list. "The global south needs technical support and finances to meet the challenges of .

Expert group will hold first in-person meeting in Washington next week

A six member team from the Comptroller Auditor General of India (CAG) visited Goa to review preparations for the upcoming Supreme Audit Institutions (SAI20) meet scheduled to held in mid-June as part of India's G20 presidency, an official said on Friday. The meet of the Supreme Audit Institutions or SAI20, a group of audit organizations from G20 countries that promotes good governance, transparency and accountability, will be held in the coastal state between June 12 and 14, the official said. "As part of India's presidency of the G20, Comptroller and Auditor General of India (CAG) Girish Chandra Murmu will chair the SAI20 for the year 2023. This gives India an opportunity to play a leadership role in promoting good governance and accountability in the public sector," he said. "India will hold the second meeting of the two scheduled SAI20 meetings as part of the G20 summit in Goa from June 12 to 14, 2023. The first meeting for senior officials of SAI20 member nations and the World .

From 'lagoon lake' conversations to caparisoned 'elephant walk', the meet had many touristy elements

Nagaland is all set to host the fourth and final event of B20 being organised in north-east region, which is the official G20 dialogue forum for the global business community. The B20 conference scheduled to be held in Kohima from April 4-6 will witness 64 overseas delegates from 29 countries, Nagaland Chief Minister Neiphiu Rio on Monday told reporters at Chumoukedima. The main Business 20 conference on Wednesday will be graced by Union Minister of State for External Affairs Dr Rajkumar Ranjan Singh, he said. Rio said his government is making elaborate arrangements, not only to showcase investment and partnership opportunities in the state but also to provide a unique experience for visiting delegates with exposure to Nagaland's culture, local cuisine, art, festivities, and scenic beauty. Investment and Development Authority of Nagaland (IDAN) along with the government departments are preparing a list of investible projects on varied themes and sectors to be pitched for attracting

"India is looking to evangelise its successes in digital public infrastructure through its G20 Presidency to all 133 nations that do not yet have fast digital payments"

The G20 members represent around 85 per cent of the global GDP, over 75 per cent of the global trade, and about two-thirds of the world population

The second G20 Tourism Working Group meeting is focused on projecting domestic tourism in mission mode and will help India maximise its potential in the sector, Tourism Minister G Kishan Reddy said on Sunday. The meeting, being held in Darjeeling and Siliguri in West Bengal from April 1 to 3, is being attended by more than 130 participants, including delegates of G20 members, invitee countries and international organisations, industry partners, state tourism officials and local tour operators. Speaking on the second day of the meeting, Reddy said the vision of the conference is to project domestic tourism in mission mode. "It will also make India maximise its potential in the tourism sector," he said. "The Union Ministry of Tourism has also formulated a comprehensive tourism policy with holistic flavour for a sustainable and responsible growth of the tourism sector in the country," he stated. Welcoming the delegates to Siliguri, Union Minister of State for Minority Affairs John Ba

Wearing traditional Kerala dress and enjoying a taste of Kerala's hospitality, G20 Sherpas held deliberations on land and water at this scenic lakeside Kerala village. While the Sherpas held meetings in the conference hall on top of a moving houseboat in the evening, other delegates from guest countries went on a cruise on the backwaters, enjoying the scenery and a hi-tea spread onboard. Three big houseboats with conference halls were arranged for the cruise of the Sherpas and delegates through Kumarakom Lake, a major tourist destination of the country. Police in separate boats escorted the guests on the two-hour long ride. The majority of the Sherpas and delegates dressed up in traditional Kerala attire before getting on the houseboats. While women delegates wore frilled skirts with zari borders and shawls, men wore the traditional mundu (also known as veshti). They were helped by employees of the event management team. Many of the delegates also posed for photos with India's Sh

The three-day meeting of agricultural deputies of the G20 agricultural working group culminated on Friday as delegates discussed various issues, including sustainable agriculture, food security and nutrition with a climate smart approach. Delegates from 19 member countries, 10 invited countries and 10 international organisations participated in the second agricultural deputies meeting (ADM) in Chandigarh. On the concluding day of the meeting, two consecutive sessions focused on drafting the communiqu by the member countries of G20 and was marked by elaborate discussions. Delegates from other invited countries and international organisations also put forth their viewpoints during the session and contributed towards an inclusive discussion on the communiqu drafting exercise, said an official statement here. After the session, secretary, department of agriculture and farmers welfare, Manoj Ahuja said he hoped the discussion on the draft communiqu and the deliberations will pave way fo

There have been differences between the two groupings over the language used to criticize Russia's invasion of Ukraine

"Unless the G7 nations stop bringing attention to issues which have nothing to do with G20, it will be difficult to reach an agreement on the final Leaders Declaration at the end of the year"

India's top G-20 negotiator, Amitabh Kant, said that the group still isn't close to reaching a settlement over the language in a joint statement at the leaders meeting in September

"This is about spreading India's soft power and also enabling Indian private sector, which is well versed in these technologies, to get business opportunities abroad," a second senior official said

'The year 2023 was already shaping up to be a difficult year, even before the banking crisis'

Kant said that India had presented its deliverables to G20, and negotiations had begun on the text of these deliverables

"We aim to use technology in every sphere to serve the people of India in a big way. Today, we are showcasing our developmental model to the rest of the world," Goyal said

The G20 Science Advisers' Roundtable first meeting here on Wednesday agreed to work on a draft document incorporating inputs of all participating countries. "There was agreement to work on a draft document by further refining the concept note, incorporating inputs offered by the rest of the countries over the next two or three months. It will be circulated among the participating countries so that a draft document is ready by August when we meet again in Brazil," Principal Scientific Advisor to the Government of India Ajay Kumar Sood said at a press briefing here after the first day's deliberations. The first day's agenda of the meeting was focused on opportunities in 'One Health' including human, livestock and wildlife health, open access of knowledge, bringing traditional knowledge base of marginalised and tribal communities into the mainstream following the principle of diversity, equity, inclusion and accessibility and having a scientific inclusive policy framework in which all .

Minister of State for Finance Bhagwat Karad, who addressed the inception meeting of the TIWG in Mumbai spoke about the widening gap between developing and developed countries