Page 7 - G20 Summit

Best of BS Opinion: Unwelcome reminder, Beyond Bali, and more

Here is the best of Business Standard's opinion pieces for today

'Era not of war': G20 declaration uses Modi's words in call for diplomacy

Summit leaders deplore deplored Russia's war in Ukraine 'in the strongest terms'

G20 summit: Chinese President Jinping, Canadian PM Trudeau exchange barbs

Chinese President Xi Jinping and Canadian Prime Minister Justin Trudeau on Wednesday exchanged barbs on the sidelines of the G20 summit in Bali over the leaked reports of their meeting. In perhaps a very rare open remark captured on television camera, an agitated Xi was seen objecting to Trudeau saying whatever they discussed in their earlier meeting was leaked to the media. "Everything we discuss has been leaked to the paper, that's not appropriate," Xi told Trudeau through a translator on the sidelines of the closing session of the G20 meeting. "That is not how the way the conversation was conducted," he said. Xi spoke in Chinese which his official interpreter conveyed in English to Trudeau. But 50-year-old Trudeau, who looked impatient, interrupted the translator, saying: We believe in free and open and frank dialogue and that is what we will continue to have. We will continue to look to work constructively together but there will be things we will disagree on." For which, ...

First G20 meeting under India's presidency in Dec; FM talks in Feb

The Finance Track of the powerful G-20 grouping is older than the Sherpa Track, since G-20 was formed with the intention of governance of the global economy

Beyond Bali

India's presidency must make G20 more relevant

G20 vows to aid developing nations to rebuild effective education systems

Underlining that access to education is a human right and a pivotal tool for inclusive and sustainable economic recovery, the Bali G20 declaration on Wednesday vowed to act in solidarity with developing countries to rebuild more resilient, tech-enabled, accessible and effective education systems. The declaration also vowed to continue to advance women's and girls' equal access to inclusive and quality education, including participation in STEM education, women entrepreneurship through MSMEs, and women's and girls' access in leadership positions. "We will empower relevant actors within and beyond G20 to remove barriers to education, improve teaching and learning environments, and support transitions within and across all stages of education, with emphasis on women and girls," it said. The declaration, issued at the end of the two-day summit in this Indonesian city, noted that access to education is a human right and a pivotal tool for inclusive and sustainable economic recovery. "We

Sunak greenlights 3,000 UK visas for Indians hours after meeting PM Modi

The British government said India is the first visa-national country to benefit from such a scheme, highlighting the strength of the UK-India Migration and Mobility Partnership agreed last year.

India's G-20 presidency will be inclusive, ambitious, action-oriented: PM

Prime Minister Narendra Modi on Wednesday said India's G-20 presidency will be inclusive, ambitious and action-oriented, noting that it is taking the responsibility at a time the world is grappling with geopolitical tensions, economic slowdown and rising food and energy prices. India was handed over the presidency of the influential bloc at the end of the two-day G-20 summit that saw sharp differences over the Russian invasion of Ukraine including ways to handle its economic implications. In his remarks at the closing ceremony of the summit where India was handed over the presidency, Modi said the country will strive to ensure that the G-20 acts as a global "prime mover" to envision new ideas and accelerate collective action over the next one year. "India is taking charge of the G-20 at a time when the world is simultaneously grappling with geopolitical tensions, economic slowdown, rising food and energy prices, and the long-term ill-effects of the pandemic," Modi said. "At such a

G20 leaders pitch for updating global agricultural food trade rules

G20 leaders on Wednesday pitched for updating global agricultural food trade rules and to facilitate trade in agricultural and food products with the objective of preventing malnutrition and hunger in the backdrop of geopolitical developments. This was stated in the G20 Bali Leaders' Declaration issued after the conclusion of the two-day summit, which was attended top global leaders. "We are deeply concerned by the challenges to global food security exacerbated by current conflicts and tensions. We therefore commit to taking urgent actions to save lives, prevent hunger and malnutrition, particularly to address the vulnerabilities of developing countries, and call for an accelerated transformation towards sustainable and resilient agriculture and food systems and supply chains," it said. The G20 leaders said they will take further coordinated actions to address food security challenges including price surges and shortage of food commodities and fertilizers globally. "We reaffirm the

G20 nations pledge coordinated actions for strong global economic recovery

G20 grouping, including India, the US, and the EU, on Wednesday pledged to take coordinated actions to ensure strong and resilient global recovery delivering jobs and growth. The G20 Bali Leaders' Declaration was issued after the conclusion of the two-day summit, which was attended top global leaders. At today's critical moment for the global economy, it is essential that the G20 undertakes tangible, precise, swift and necessary actions, using all available policy tools, to address common challenges, including through international macro policy cooperation and concrete collaborations, the declaration said. "In doing so, we remain committed to support developing countries, particularly the least developed and small island developing states, in responding to these global challenges and achieving the SDGs. "In line with the Indonesian G20 Presidency theme Recover Together, Recover Stronger we will take coordinated actions to advance an agenda for a strong, inclusive and resilient ..

G20 summit: PM Narendra Modi meets Australian counterpart Anthony Albanese

Prime Minister Narendra Modi on Wednesday met his Australian counterpart Anthony Albanese on the margins of the G-20 summit here and discussed ways to further cement the Comprehensive Strategic Partnership with a focus on cooperation in education and innovation sectors. Modi is in Bali to attend the two-day G20 summit which opened here on Tuesday. Sharing photographs of the meeting on Twitter, Modi said he also had discussions with Albanese on increasing trade and maritime co-operation. "Glad to meet PM Albanese. Discussed ways to further cement the Comprehensive Strategic Partnership, with a focus on cooperation in education, innovation and other sectors. We also talked about increasing trade and maritime cooperation. @AlboMP," Modi tweeted. In December 2020, India-Australia bilateral ties touched a new high with the Comprehensive Strategic Partnership, signing key agreements, including a landmark pact for reciprocal access to military bases against the backdrop of their frosty ..

PM Modi meets Italy's Meloni at G20 summit in Bali, holds bilateral talks

Prime Minister Narendra Modi met his Italian counterpart Giorgia Meloni on the sidelines of the G20 Summit here on Wednesday and the two leaders discussed ways to deepen bilateral cooperation in various sectors, including trade, energy, defence and counter terrorism. Modi is in Bali to attend the two-day G20 summit which opened here on Tuesday. He had informal interactions with US President Joe Biden, UK Prime Minister Rishi Sunak, French President Emmanuel Macron and several other global leaders on Tuesday on the sidelines of the summit. "Excellent meeting with PM @GiorgiaMeloni. We exchanged views on how India and Italy can work closely in sectors like energy, defence, culture and in boosting climate change," Modi tweeted. The two leaders discussed the deepening of bilateral cooperation in various sectors including trade and investment, and people to people ties, the Prime Minister's Office said in a tweet. "An introductory meeting between PM @narendramodi & PM @GiorgiaMeloni of

Sensex ends choppy day 108 pts up; Adani group stocks tumble, defence rally

CLOSING BELL: The S&P BSE Sensex is now just 265 points shy from its all-time 62,245 registered on October 19, 2021.

G20 declaration reflects differences among members over Russia-Ukraine war

The G20 members on Wednesday agreed that it was essential to uphold international law and multilateral system that safeguards peace and stability, but the differences among them was evident over the Russia-Ukraine conflict. A joint declaration issued at the end of the two-day G20 summit here acknowledged the differences over the Russia-Ukraine conflict, saying most members strongly condemned it. Indonesian President Joko Widodo, who hosted the summit attended by Prime Minister Narendra Modi, US President Joe Biden, Chinese President Xi Jinping and British Prime Minister Rishi Sunak among others, said that there was contentious discussion on the Russia-Ukraine conflict during their deliberations. Russian President Vladimir Putin skipped the summit and sent his Foreign Minister Sergei Lavrov to represent the country. Russia launched a special military operation in Ukraine on February 24. The Russian action has been widely condemned by the US-led West. Most of the member states said

Need to expand benefits of digital technology across the globe: PM at G20

"But these benefits will be realised only when the digital access is truly inclusive and when the use of digital technology is really widespread"

PM holds 'fruitful' talks with German Chancellor Scholz on sidelines of G20

Prime Minister Narendra Modi on Wednesday held "fruitful" talks with German Chancellor Olaf Scholz on the sidelines of the G-20 summit here and the two leaders examined ways to expand bilateral economic engagement and defence collaboration. This is the third time that Modi and Scholz have met this year. In a tweet, Modi said he was "delighted" to meet the German Chancellor. "Delighted to meet Chancellor Scholz. This is our third meeting this year and we built on the strong ground covered during the Inter Governmental Consultations held earlier. We discussed ways to boost economic ties, defence collaboration and other important issues," he tweeted. The Prime Minister's Office described the talks as "fruitful". "A fruitful meeting between PM @narendramodi and Chancellor Scholz was held on the sidelines of the G-20 Summit in Bali. The talks covered different subjects aimed at furthering India-Germany friendship, particularly in key areas such as trade, finance and security," PMO Indi

India takes over G20 presidency for 2023, PM Modi extends invitation

PM Modi took over the "key" from Indonesian president Joko Widodo, India will officially assume the presidency of G20 on December 1

PM Narendra Modi arrives at venue for third working session at G20 Summit

Prime Minister Narendra Modi has arrived at Apurva Kempisnky Hotel in Bali to participate in the Digital Transformation Session at the 17th edition of the G20 Leaders Summit

Rishi Sunak won't sacrifice quality for speed on UK-India trade deal

Britain has completed most of the sections of a free trade agreement with India, Trade Minister Greg Hands said last month.

Top headlines: India's exports shrink, Q2 profits down, PM at G20, and more

Business Standard brings you the top headlines this hour