The World Bank Group's climate change action plan for 2021-2025 has set a target to deploy an average of 35% of the institution's financing in support of climate action
The sanctions would also seek to do more to stem the trans-shipment of oil and other restricted goods through bordering countries
The officials said the war's macroeconomic impact would be discussed but India does not want to deliberate on additional actions against Russia
Union Minister Anurag Singh Thakur on Wednesday said the G20 can contribute significantly to find a solution to global challenges such as climate change and geo-political tensions. Speaking at the inaugural session of the G20 Second Finance and Central Bank Deputies (FCBD) Meeting here, he noted that the theme of India's G20 Presidency is Vasudhaiva Kutumbakam' (one earth, one family, one future). The world is facing the lingering effect of COVID pandemic, issues around food and energy security, and inflation, worsening climate change and geo-political tensions, the Union Minister for Information and Broadcasting, and Youth Affairs & Sports said in his address. He pointed out that the impact of these crises can affect the progress of key developmental paradigm. The G20 can make significant contribution to find pragmatic solutions to these challenges through a focused and thoughtful dialogue and deliberations, he told the gathering. The theme Vasudhaiva Kutumbakam' reflects the ...
The first G20 meeting under the culture track will begin from Wednesday in Madhya Pradesh's Khajuraho, and the delegates will engage in a range of activities, besides visiting its iconic temples and the Panna Tiger Reserve. Khajuraho is home to an exquisite group of temples -- part of a UNESCO World Heritage Site. The first G20 Culture Working Group (CWG) meeting will begin from tomorrow at Khajuraho. The meeting is scheduled to be organised from February 22-25. Union Minister for Culture, Tourism and DoNER, G Kishan Reddy, Madhya Pradesh Chief Minister Shivraj Singh Chouhan, Union Minister for Social Justice and Empowerment Virendra Kumar and Minister of State for Culture Meenakashi Lekhi, will inaugurate an exhibition titled 'Re(ad)dress: Return of Treasures' at the Maharaja Chhatrasal Convention Centre (MCCC) tomorrow, the Culture Ministry said in a statement on Tuesday. Protection and restitution of cultural heritage will be the theme for the first G20 culture track, a top ...
Nearly 50 vintage cars, including a 1928 Rolls Royce Phantom I, and more than 20 classic motorcycles will be put on display at an event here on Sunday being organised by the Delhi government in the lead-up to the G20 Summit. The event, "Vintage for Life -- The G20 Vintage Vehicles Drive", is being co-hosted by the Delhi government's Transport Department in partnership with the Heritage Motoring Club of India (HMCI), and will be flagged off by Lieutenant Governor V K Saxena on February 26 from the Major Dhyan Chand National Stadium. "About 50 vintage cars, and 23 vintage motorcycles and bikes will be part of the event that also puts special focus on the G20. The oldest cars taking part in it is of 1928 vintage while the least old is of 1970s period," a senior official of HMCI told PTI. The 1928 vintage cars include a Rolls Royce Phantom I and a Model A Ford, he said. The rally seeks to shine a spotlight on the fact that India is chairing the G20 at present, as also to spread the ...
The RBI on Tuesday said travellers from G-20 countries arriving at Bengaluru, Mumbai and New Delhi international airports can get Prepaid Payment Instruments wallets linked to UPI for making payments to over five crore merchant outlets across India. Earlier this month, the Reserve Bank made an announcement regarding allowing access to UPI to foreign nationals and NRIs visiting India. To start with, the RBI said, the facility is available to travellers from G-20 countries, at select international airports (Bengaluru, Mumbai and New Delhi). Eligible travellers would be issued Prepaid Payment Instruments (PPI) wallets linked to UPI for making payments at merchant outlets. "Delegates from G20 countries can also avail of this facility at various meeting venues," the RBI said. Initially, ICICI Bank, IDFC First Bank and two non-bank PPI issuers, Pine Labs Private Limited and Transcorp International Limited will issue UPI-linked wallets. "Travellers visiting India can now experience the
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
Eleven nations have signed a note where they have argued against the Bank taking on the responsibility to lend more, thereby raising interest costs for the borrowers
India is one of the fastest-expanding economies at a time of sluggish growth around the globe, luring companies like Apple Inc. to expand
"We're not living in a business-as-usual situation. The Russian invasion of Ukraine is totally unjustified, a clear violation of the UN Charter," he said
India during its ongoing G20 presidency has recently signed a memorandum of understanding with the Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council
Successive Indian govts have remained mum about the round-tripping of black money through the well-established "Mauritius Route", which continues to pollute the Indian market
The focus will also be on how logistics costs can be reduced, as far as international trade is concerned
While addressing the Raisina@Sydney event in Australia on Saturday, External Affairs Minister S Jaishankar said that the members of the G20 have a huge responsibility
US Treasury Secretary Janet Yellen will join fellow G20 finance ministers and central bank governors in Bengaluru on Feb 23-25, spanning the first anniversary of Russia's invasion of Ukraine
PM Modi said there is unbelievable faith in India for the next 25 years
Union Home Minister Amit Shah on Thursday asserted that 2023 will be a significant year for the Delhi Police as the force will have to stay alert since the national capital will be hosting international dignitaries for G20 summit. Speaking at the 76th Raising Day parade of the Delhi Police, he also paid tributes to ASI Shambhu Dayal, who was stabbed to death by a snatcher in west Delhi's Mayapuri last month. "2023 will be a significant year for the Delhi Police since India will be hosting the G20 summit. In terms of traffic and security, the city police will have to stay alert since heads of several countries will be here," Shah said. He added that during the COVID-19 pandemic, the humane side of Delhi Police was seen by everyone as the personnel helped the elderly and other vulnerable sections of the society. "During this time, many security personnel also lost their lives," the minister added.
The Feb. 22-25 meeting in the Nandi Hills summer retreat near Bengaluru is the first major event of India's G20 presidency and will be followed by a March 1-2 meeting of foreign ministers in New Delhi
Prime Minister Narendra Modi on Wednesday had a telephone conversation with his Spanish counterpart Pedro Sanchez wherein he briefed him about India's priorities for G20 Presidency