Page 5 - G20

G20: Millets to empires, host India showcases rich heritage in Bengaluru

From a Ricky Kej show to the conjuring of the Vijayanagar Empire, delegates treated to all

G20: India walks tightrope to form consensus amongst competing interests

At the media briefing on Saturday, a visibly pleased Reserve Bank of India Governor Shaktikanta Das said that most of the G-20 partners agreed that cryptocurrencies should be regulated

LIVE: CBI arrests Delhi Dy CM in connection with liquor policy case

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Statsguru: G20 puts the rising debt burden of poorer countries in focus

The World Bank noted in December 2022 that the poorest countries saw their debt treble to $1 trillion over the decade ending 2021

Derisking global economy a key concern of G20 summit: EAM Jaishankar

The major concern of G20 would be to find ways of derisking the global economy, External Affairs Minister S Jaishankar said on Sunday. Delivering a talk here on India's year-long G20 Presidency, Jaishankar said the Prime Minister Narendra Modi-led NDA government has tried to cushion the consumers as much as possible from petrol price increases and taken measures to keep inflation down. "Today, the world has learnt a lesson that security means not only physical security, not only economic security. It also means health security, food security. So, today we have to find a way of derisking the global economy, the way we would derisk a sector, the way we would derisk a business. That is a very major debate and I would say a very major concern of what the G20 would be looking at," he said. He further said there would be 15 ministerial-level meetings of G20 this year besides the President and Prime Minister-level conclaves in September. The COVID-19 pandemic has today left a very deep ..

India's G20 presidency received strong support for all our priorities: FM

Finance Minister also said that she is grateful for the USA and UK, who were very supportive of the global coordination framework, particularly on the crypto

Progressing towards regulation on Crypto under India's G20 presidency: FM

Recognizing the risks attached to the private virtual assets, G20 nations moved a step closer to developing a coordinated and comprehensive policy approach to deal with the crypto assets, she said

LIVE: Many nations mentioned about UPI success story at G20 meet, says Das

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G20 nations agree on the language to deal with debt vulnerabilities

Finance Minister Nirmala Sitharaman on Sunday said the G20 nations have agreed on language to deal with the debt vulnerabilities of developing countries. The G20 Chair's Summary and Outcome Document issued after the meeting of the G20 Finance Ministers and central bank governors (FMCBG) meetings said the ministers recognised the urgency to address debt vulnerabilities in low and middle-income countries. "Strengthening multilateral coordination by official bilateral and private creditors is needed to address the deteriorating debt situation and facilitate coordinated debt treatment for debt-distressed countries," the outcome document said. Sitharaman said one of the successes under the first FMCBG meeting of the G20 India Presidency was to "arrive at a common position on debt language". "It is important for us to emphasise on that because the vulnerable countries are looking up to the G20 countries to find some solutions to arrive at a position where their debt stress can be relieve

G20 nations adopt 'chair summary' after Russia, China opposition

India, as G20 President, was aiming for a communique, which is a stronger statement of intent

G20 ends without a communique after no consensus on war in Ukraine

A meeting of finance leaders of the world's 20 biggest economies, referred as the group of 20 or G20, ended on Saturday without a joint communique after faultlines over how to describe Russia's invasion of Ukraine could not be bridged. Instead, a G20 Chair's Summary and Outcome Document were released after the two-day meeting of finance ministers and central bank governors here. Coinciding with the first anniversary of Russia's invasion of Ukraine, leaders from countries such as the US and France wanted a condemnation of Moscow for the invasion while host India felt G20 was not the forum to address such an issue and wanted a more neutral term like "crisis" or a "challenge" to describe the "geopolitical situation". Russia and China were upset at the use of the G20 platform for discussing political matters. India's Finance Miniter Nirmala Sitharaman is the chair. The Summary stated that the G20 nations "reiterated" their national positions on the Ukraine war. "Most members strongly

Most G20 nations condemn Russia for Ukraine war but China stays silent

Russia, a member of the G20 but not of the G7, refers to its actions in Ukraine as a "special military operation", and avoids calling it an invasion or war

G20: India asks IMF, FSB to draft new technical paper on crypto assets

Debt resolution has been one of the few initiatives where there was broad agreement among nations at the Bengaluru G20 FMCBG meeting

Russia-Ukraine war, debt impasse cloud G20 finance chiefs' final-day talks

Georgieva separately urged central banks to "stay the course" for a return to price stability that's critical to investors and consumers alike

US to do everything to support India to make its G20 presidency a success

The US is looking forward to doing everything it can to support India's work to make its G20 presidency a success and Secretary of State Antony Blinken would attend the crucial meeting of the foreign ministers of the grouping next week in New Delhi, a senior official has said. Blinken will also attend a meeting of the foreign ministers of the Quad grouping and will hold bilateral talks with his Indian counterpart S Jaishankar in Delhi. India assumed the Presidency of the G20 on December 1 last year. The top American diplomat is travelling to New Delhi on a three-day official visit from March 1 to 3. Blinken looks forward to going to Delhi as part of India's G20 presidency year. We look forward to doing everything we can to support India's work to make its G20 presidency a success," Ramin Toloui, Assistant Secretary of State for Economic and Business Affairs, told reporters here. "There is no shortage of common challenges, and we want to deepen our partnership with other G20 countr

India's G20 Presidency comes at incredibly important time: UK Foreign Secy

India's G20 Presidency comes at an incredibly important time when the world confronts challenges like the Ukraine conflict, global food supply disruptions and China's increasingly assertive actions" on the world stage, UK Foreign Secretary James Cleverly has said. He also announced that he will travel to New Delhi next week for the G20 Foreign Ministers meeting and engage with partners from across the globe. India assumed the Presidency of the G20 on December 1, last year. India is an incredibly important global player of increased, not only economic prosperity but diplomatic influence. We're very very pleased with that. We're very proud of the longstanding relationship the UK has of course with India, Cleverly told PTI in an exclusive interview here on Friday. Cleverly, the UK's Secretary of State for Foreign, Commonwealth and Development Affairs, addressed the high-level UN Security Council debate on Maintenance of peace and security of Ukraine' here Friday, held on the one-year

Guterres calls on G20 finance ministers to find solutions to debt crisis

UN Secretary-General Antonio Guterres is asking the G20 finance ministers meeting in Bengaluru to take bold steps to reform the international development banks and find ways to solve the debt crisis

Blinken in Delhi to attend G20 foreign ministers, Quad meetings: Officials

US Secretary of State Antony Blinken during his India visit next week would attend the crucial foreign ministers meeting of G-20 group and that of Quad in addition to participation in the Raisina dialogue followed by bilateral talks with his Indian counterpart External Affairs Minister S Jaishankar, officials here said. India has taken over the Presidency of the G20 on December 1, last year. The top American diplomat is travelling to New Delhi on a three-day official visit from March 1 to 3. Blinken looks forward to going to Delhi as part of India's G20 presidency year. We look forward to doing everything we can to support India's work to make its G20 presidency a success. There is no shortage of common challenges, and we want to deepen our partnership with other G-20 countries to address these challenges, Ramin Toloui, Assistant Secretary of State for Economic and Business Affairs, told reporters here. Assistant Secretary of State for South and Central Asia Donald Lu said the ..

G20 tussles over Ukraine war as West steps up sanctions against Moscow

US Treasury Secretary Janet Yellen accused Russian officials at the two-day Group of Twenty (G20) meeting in the Indian city of Bengaluru of being "complicit" in war atrocities

US nominee for World Bank wins positive reviews at G20 finance meeting

The US nominee to lead the World Bank, ex-MasterCard CEO Ajay Banga, gained traction with leading members, a sign that he will likely have a smooth ride to confirmation by bank's executive board