Page 3 - Arup Roychoudhury

G-20: India working on Russia consensus, keeping eye on other core issues

Communique is a consensus document and needs the consent of every member of G-20

G-20 countries need to tackle global debt, says PM Narendra Modi

'Progress on sustainable development goals seems to be slowing'

Will oppose any step back from Bali statement on war, says France FM

Under Pillar One of BEPS, multinational enterprises with global turnover above 20 billion euros and pre-tax profit above 10 percent of revenue will have to pay 25 percent of the profit before tax

Will impose more sanctions on Russia: US treasury secretary Yellen in India

Yellen's statement comes days after Biden made a surprise visit to Ukraine's capital Kyiv

More nations interested in using UPI: RBI deputy governor T Rabi Sankar

Speaking about India's central bank digital currency (CBDC, also known as e-rupee), Sankar said the RBI was looking to expand the use cases for wholesale CBDC

At G20 event in Bengaluru, India and G7 differ over using the term 'war'

India is averse to using the term 'war' in relation to Ukraine, and softer terms like 'crisis' are not acceptable to the G7 members

G20: India stresses diplomacy as world marks a year of war in Europe

The FMCBG meeting will look to find lasting solutions to the issue of unsustainable debt in some low- and middle-income nations

G20: IMF, World Bank to convene global debt roundtable in Bengaluru

Georgieva said while 2023 will be another challenging year, it could represent a turning point - with inflation declining and growth bottoming out

G20 meet aims to find 'lasting solutions' to global debt issue: Govt

"There are countries that are facing huge debt problems and our aim in G20 will be to find lasting solutions to these problems"

India will be an effective voice of developing nations at G-20: DEA Secy

In a Q&A, Ajay Seth says while the global macro-economic situation has improved over the past few months, headwinds on inflation and other indicators persist

G20 meeting: India to showcase its success in the digital economy

Talks likely on debt of poorer nations, multilateral institutional reforms

Reserve Bank of India, IFSCA likely to frame fresh norms for GIFT City

The finance minister has announced ways to make regulations and clearances for GIFT City streamlined

Widening deficit: Worries persist over FY24 current account balance

CAD may be better than expected in FY23, but India won't be completely out of the woods next year, says official

5 PSU insurers have Rs 347-crore exposure to Adani firms: FinMin

Earlier this month, Finance Secretary TV Somanathan had termed the Adani issue a 'storm in a teacup'

If needed, will allocate more for NREGA, says FM Nirmala Sitharaman

Sitharaman said the government chose the capital expenditure route to revive the economy because of its greater multiplier effect

Rs 1.5-trn spending rationalisation helps govt meet FY23 deficit target

Without the expenditure rationalisation, the Revised Estimates (RE) for the Centre's total spending would have been about Rs 43.4 trillion instead of Rs 41.9 trillion

Vivad se Vishwas-II scheme looks to settle financial disputes only

Centre notifies the scheme; disputes with states govts, another pvt firm not covered

Will get fitment panel to look into 28% GST for cement: FM Sitharaman

Urges industry to ensure its output is compliant with sustainable development goals, says this is crucial for negotiating non-tariff barriers arising out of environmental concerns around the world

PM Awas, Jal Jeevan to create rural jobs, justify MGNREGS cut: CEA

The CEA also said that as nominal and real GDP growth improve, many more urban jobs will be created and that will also absorb more of the rural workforce

Sitharaman to begin post-budget outreach in Mumbai, meet business leaders

Finance Minister will travel to more cities, explain what the budget contains for various stakeholders