Page 19 - G20

India can bring world together for better future, says PM Narendra Modi

Modi unveils logo, theme, website of India's upcoming G20 presidency

India's G20 presidency will be chance to share expertise with world: PM

India's G20 presidency will be an opportunity for it to share its expertise with the world in areas of women empowerment, democracy and digital technologies, Prime Minister Narendra Modi said on Tuesday after unveiling the logo, theme and the website for the upcoming tenure. The prime minister also said that as the chair of the influential grouping, India's endeavour would be that there should be "no first world or third world" and it should be only "one world". India will assume the presidency of the powerful grouping from the current chair Indonesia on December 1. The G20 or Group of 20 is an intergovernmental forum of the world's major developed and developing economies. "A big opportunity has come. It is a matter of pride for every Indian, it is a matter of increasing his pride," Modi said in his address at an online event. The prime minister also delved into India's development journey and said all governments and people after the Independence contributed in their own way to .

Recession, climate change, Ukraine war: Kant lists challenges before G20

The former Niti Aayog chief executive said that climate change was another big crisis that the world faced, impacting larger nations, as well as threatening to submerge smaller island nations

PM Narendra Modi unveils logo, theme website of India's G20 presidency

India's upcoming presidency of the G20 grouping is a matter of pride and a great opportunity for the country in its 75th year of Independence, Prime Minister Narendra Modi said on Tuesday. Modi made the remarks after unveiling the logo, theme and website of India's G20 presidency during an online event. India will assume the presidency of the powerful grouping from the current chair Indonesia on December 1. The G20 or Group of 20 is an intergovernmental forum of the world's major developed and developing economies. In his remarks, Modi delved into India's development journey and said all governments and people contributed in their own way in taking India forward after the Independence. He also said that India can show the world that the scope of conflict can come to an end when democracy becomes a culture. The prime minister also said that development and the environment (Pragati and Prakriti) can walk together while emphasising sustainable development. "It is a matter of pride

US treasury secy Janet Yellen to visit India on Nov 11 for EFP dialogue

Yellen will meet with tech sector haeds, visit Microsoft India Development Center, and hold a bilateral meeting with FM Sitharaman

G20 host Indonesia waiting to see if Russia's Putin will attend summit

Foreign Minister Retno Marsudi told Reuters in an interview that Putin's attendance at the meeting might only become clear at the last minute

Soluble and relevant: The focus of India's G20 agenda

The government may be tempted to showcase its own achievements. But it must resist this temptation

LG launches Operation Clean Delhi, inaugurates new multi-level car parking

Delhi Lt Governor V K Saxena Tuesday launched a special sanitation drive and said the national capital must focus on its cleanliness and beautification so that guests to G-20 meetings would carry back a "good impression" of the city. India will assume the Presidency of the G20 for one year from December 1, 2022, to November 30, 2023. It is expected to host over 200 G20 meetings during its year-long presidency of the influential group, culminating with an annual summit on September 9 and 10 next year. Saxena launched 'Operation Clean Delhi' from the Mayapuri area. Under this campaign, each zone will cover at least four wards each week and various sanitation activities will be conducted in coordination with RWAs and market associations over one month. Referring to the G-20 summit, Saxena said foreign guests from all over the world will visit the capital of India. "We must focus on cleanliness and beautification of Delhi so that guests carry back a good impression of our city with ...

India needs to be flexible as G-20 chief in face of global challenges: CEA

Nageswaran flags climate finance as a key agenda of bloc in face of 'unknown unknowns'

Why FATF removing Pakistan from 'grey list' has miffed India so much

FATF started out with 16 developed countries as members and added 12 by 1992. It has since expanded to the current list of 39 members

Poor nations face peril over elusive G-20 debt relief push: An analysis

Two years ago the Group of 20 launched the Common Framework - a mechanism designed to provide a swift and comprehensive debt overhaul to nations buckling under debt burdens after Covid-19 shock

Debt recast system: UN chief Antonio Guterres pins hope on G20 under India

UN Secretary General Antonio Guterres has said he "very strongly" hopes that India's G20 presidency will allow for the creation of effective systems of debt restructuring, warning that the developing countries are facing a "perfect storm" amid the impact of the pandemic and increased food and fuel prices due to the Ukraine conflict. India will assume the Presidency of the G20 for one year from December 1, 2022 to November 30, 2023. Ahead of his three-day visit to India starting Tuesday, Guterres also said that he has been "very strongly advocating" for the need of reforms in "our international economic and financial system that was to a large extent built by the rich for the rich". "I very strongly hope that the presidency of India of the G20 will allow for the creation of effective systems of debt restructuring and debt relief for the possibility of multilateral development banks to be able to do concessional funding to middle income countries that are particularly vulnerableto mak

We want to build a consensus around many issues: G20 Sherpa Amitabh Kant

'We will try and build India's narrative around digital transformation', said Kant

India's G20 presidency: What this means for the country's place in world

India will assume the presidency of the G20 on December 1

India aims to develop tech-driven crypto regulatory framework: Sitharaman

India is aiming at developing standard operating procedures for cryptocurrency during its G20 presidency next year, Finance Minister Nirmala Sitharaman has said, underlining that all countries want the technology to survive but not be misutilised. That (crypto) will also be part of India's thing (agenda during G-20 presidency), Sitharaman told a group of Indian reporters on Saturday before concluding her trip to Washington DC to attend the annual meetings of the International Monetary Fund and the World Bank. India will assume the Presidency of the G20 for one year from December 1, 2022 to November 30, 2023. Under its Presidency, India is expected to host over 200 G20 meetings across the country, beginning December 2022. Sitharaman has been making a strong case for global regulation of cryptocurrencies to tackle the risks on money laundering and terror funding. Noting that institutions, which are associated with the G-20 or the World Bank or any such organisation, are doing their o

Sitharaman discusses global economic situation with EU economy commissioner

India's Finance Minister Nirmala Sitharaman met European Union's Commissioner of Economy Paolo Gentiloni here and the two leaders discussed the current global economic situation, the Union Ministry of Finance said. Sitharaman is here to attend the annual meetings of the International Monetary Fund and the World Bank. On the sidelines of these, she has been holding a number of bilateral and multilateral meetings. During their meeting on Friday, Sitharaman and Gentiloni discussed issues related to the global economy and furthering India-EU collaboration during India's Presidency of the G-20 in 2023, the ministry said. They also discussed the need to further strengthen Multilateral Development Banks to enable them to help countries in need, it said. So far, Sitharaman has held nearly a dozen bilateral meetings with her counterparts from major countries and those from the neighbourhood. She met German Finance Minister Christian Lindner on Thursday. The two ministers discussed several

India briefs G20 FMs, central bank governors on its 2023 presidency agenda

India on Thursday briefed the finance ministers and central bank governors of G-20 countries about its agenda for the next year when it assumes the rotating annual presidency of the grouping. India will take over the G20 Presidency in 2023, including the finance track. The ministers and governors have been briefed about the proposed main priority agendas from the 2023 India Presidency, Indonesian Finance Minister Sri Mulyani Indrawati told reporters during a press conference held here on the sidelines of the annual meetings of the International Monetary Fund and the World Bank. Indonesia currently holds the presidency of G-20 countries. On Thursday Indrawati chaired meetings of finance ministers and central bank governors of G-20 countries, which among others was attended by Union Finance Minister Nirmala Sitharaman and Reserve Bank of India Governor Shaktikanta Das. It is during this meeting and the breakfast meeting hosted by Sitharaman earlier in the day for the finance minister

India will have a difficult task as G-20 chair, says IMF chief economist

India, which will hold the G-20 presidency next year, will have a difficult task as the group's chair to bring countries together on some of the key challenges being faced by the world, Pierre-Olivier Gourinchas, the chief economist of the IMF, said on Wednesday. One of the challenges for the G-20 right now, as we've seen, is of course how to deal with geo-economic fragmentation. And geo-economy fragmentation is just reflecting the fact that we've seen enormous tensions following the Russian invasion of Ukraine, Gourinchas told PTI in an interview. To some extent to the G-20, it's much harder to have these kinds of conversations around the common goods in the current environment because there is all this tension related to geopolitical considerations. And so, India will have a difficult task, but also, I would think one of the important objectives will be to keep the countries at the table, to keep the discussion going, keep progress being made on important issues, he said in respons

Finance Minister Sitharaman to host breakfast for G20 counterparts

Union Finance Minister Nirmala Sitharaman will here on Thursday host a breakfast for her counterparts from G-20 countries on the sidelines of the annual meeting of the International Monetary Fund and the World Bank. Founded in 1999, G-20 is a grouping of 19 major world economies along with the European Union. India will assume the annual presidency of G-20 countries in December this year. Indonesia is currently heading the G-20 presidency. US Treasury Secretary Janet Yellen along with finance ministers of other G-20 countries have confirmed to attend the breakfast meeting being hosted by Sitharaman at the headquarters of the International Monetary Fund here. Sitharaman with this meeting intends to set the pace and scope for India's presidency for the next year and also establish a personal relationship with all of her counterparts from the G-20 countries. At a time when the world is facing recession and there is large-scale inflation, the role that G-20 has in steering the global

'Hurricane' of risks threatens emerging countries, says G20 chair

Emerging and developing nations face a "hurricane" of risks from rising energy costs and food insecurity, and any resilience some countries may have won't last long, the G20 chair said