Page 2 - G20 Nations

Year Ender 2023: G20 stands out as India's diplomatic achievement of year

India assumed the G20 Presidency on December 1, 2022

India's 2023 rise: G20 success, space feats, global 'Naatu Naatu' craze

From hosting a successful G20 Summit to rewriting the annals of space exploration and making the world dance to Naatu Naatu, 2023 saw India establish itself as more than a soft power

Sustainable debt management on agenda for NITI's global green push

Report on G20 deliberations says credit rating agencies should be regulated for fair assessments of emerging countries

WHO chief lauds sustainable planet theme under Brazil's G20 presidency

"I'm one of the founder members of the G20," Lula da Silva said, pointing out that a summit like the G20 shows the importance of a multipolar world

India achieved the extraordinary during its G20 presidency, says PM Modi

Prime Minister Narendra Modi has asserted that India achieved the extraordinary during its G20 presidency as it revitalised multilateralism, amplified the voice of the Global South, championed development, and fought for the empowerment of women everywhere. With Brazil set to take over the presidency from December 1, Modi highlighted the elite group's journey under India and expressed confidence that his country hands over the charge with the conviction that our collective steps for people, planet, peace, and prosperity, will resonate for years to come. In an opinion piece which appeared in several newspapers on Thursday, Modi said India's approach was defined by being "inclusive, ambitious, action-oriented, and decisive" and the New Delhi Leaders' Declaration (NDLD), unanimously adopted by all G20 members, is testimony to our commitment to deliver on these principles. Noting that it has been 365 days since India took the Chair, he said the global landscape grappled with multifacete

India to triple renewable energy capacity by 2030; needs financing: Report

India's 14th National Electricity Plan (NEP) sets it on a path to more than triple its renewable energy capacity by 2030, but the country needs a whopping USD 293 billion to achieve this, according to a report released by global energy think tank Ember on Wednesday. The International Energy Agency (IEA) says the world must triple its renewable energy capacity and double energy efficiency by 2030 to decrease the need for fossil fuels and limit global warming to 1.5 degrees Celsius by the end of the century. Led by the US, the European Union (EU), and the UAE, over 60 countries now support the commitment to triple renewable energy and double energy efficiency. While the G20 nations have endorsed tripling renewable energy capacity by 2030 under India's presidency, the UAE, hosting this year's UN climate conference, advocates for a global agreement on this at COP28. Ember's analysis reveals that India requires an additional financing of USD 101 billion (one billion=Rs 100 crore) to ...

Israel-Hamas war shouldn't turn into regional conflict: Modi to G20 leaders

Says we've to move forward in understanding the seriousness of deepfakes

Ahead of G20 virtual meet, India resumes e-visa service for Canadians

India had suspended visa services in September this year following the allegations against India being involved in the killing of Khalistan separatist Hardeep Singh Nijjar

Chinese Premier Li to attend virtual G20 leaders' summit convened by India

Chinese Premier Li Qiang will attend the virtual G20 Leaders' Summit at India's invitation on Wednesday, the Chinese Foreign Ministry announced here on Tuesday. The G20 virtual summit will take forward key outcomes and action points firmed up at the annual conclave of the grouping in September under India's presidency, the Ministry of External Affairs (MEA) in New Delhi said in a statement. The summit will also delve into the impact of the Russia-Ukraine war and the Israel-Hamas conflict. It is also expected to push for the effective implementation of various decisions taken at the bloc's annual summit in New Delhi over two months back, the statement said. Li will attend the meeting at the invitation of the Indian government, China's Foreign Ministry Spokesperson Mao Ning told a media briefing, state-run Xinhua news agency reported. Leaders of all G20 Members, including the Chair of the African Union, as well as nine Guest countries, and Heads of 11 International Organisations, hav

India made G20 far more inclusive by making AU permanent member: Kant

India has made G20 far more inclusive by ensuring the induction of the African Union as a permanent member of the grouping under its presidency, New Delhi's G20 Sherpa Amitabh Kant said on Tuesday, days ahead of the second edition of the virtual Voice of Global South summit. In an address at a conference, Kant also described the G20 New Delhi leaders' declaration as a very hard-fought victory for the Global South as it reflected the aspirations of the developing countries. The conference themed "G20 Delhi Summit: Inclusive Growth and Rise of the Global South" was organised by India Writes Network, Centre for Global Insights India and School of International Relations, Jawaharlal Nehru University. "One of the lasting images that will carry on forever in my mind of India's G20 presidency is the image of the prime minister hugging the president of Comoros and welcoming the African Union as a permanent member of the G20," Kant said. "With that one stroke, India ensured that the G20 bec

Momentum must be maintained on New Delhi Leaders' Declaration: FM on G20

Finance Minister Nirmala Sitharaman on Monday said India's G20 Presidency has provided a clear policy direction for addressing the needs of the majority of the global population whose voices are often unheard in multilateral forums. "However, we still have work left to do," the minister said in an inaugural address at the Seminar on 'Strong, Sustainable, Balanced and Inclusive Growth', organised by the ministries of finance and labour, and the commerce department. On December 1, 2022, India assumed the mantle of G20 Presidency. The G20 New Delhi Leaders Declaration (NDLD), unanimously agreed to by all G20 countries, addresses some of the pressing challenges confronting the global economy and also provides policy guidance for a future built on people-focused principles and trust-based partnerships, Sitharaman said. "Even though by the end of this month, our role as G20 Presidency comes to an end, momentum must be maintained on the policy guidance in the New Delhi Leaders' ...

India's G20 Presidency opens doors for global investment: MoS Finance

India's G20 Presidency has opened doors for global investment and sustainable economic growth, Minister of State for Finance Pankaj Chaudhary said on Saturday. Under the able leadership of Prime Minister Narendra Modi, significant developments were made with world leaders, he said at an event organised by PHD Chamber of Commerce and Industry. "India's G20 presidency has opened doors for global investment. We know that the G20 will support the financial sector in ensuring sustainable economic growth and the stability of financial markets," he said. Speaking on digitisation, he said, the development of digital infrastructure is an important step in enhancing trade and commerce in the country. The adoption of digitalization in our capital markets have increased efficiency, transparency and accessibility, he said. Further, he said, by reducing intervention and embracing technology, we can improve the integrity and security of our capital markets. Over the past few years, especially a

No support for terrorism, terror activities in India: LS Speaker Om Birla

Lok Sabha Speaker Om Birla on Sunday said he has conveyed to his counterparts from G20 nations that India does not support terrorism or terror activities in any form. Birla was responding to questions on the bilateral meetings he had with Speakers of G20 nations during the Parliament 20 Summit that concluded here on Saturday. "The position of the government is very clear in this regard. The prime minister has also said it in his statement. The government has made it clear that terrorism and terror activities have no place in India," the Lok Sabha speaker said while briefing reporters on the P20 Summit. He was responding to a question on whether any Speaker from the G20 countries had raised the issue of presence of people in India who were pursuing separatist activities abroad. "It is a clear government policy terrorism, be it of caste or religion terrorism is terrorism, and no form of terror will find any support in India. This is the clear government policy," Birla said. On the

FM Sitharaman meets Brazil's minister, discusses issues of mutual interest

The minister met with Brazil's economy minister Haddad Fernando on the sidelines of the fourth G20 Finance Ministers and Central Bank Governors meeting

Canadian Speaker Raymonde Gagne skips G20 Parliamentary Speakers' Summit

Amid a diplomatic row, Speaker of the Canadian Senate Raymonde Gagne has decided to skip the Presiding Officers' Summit of Parliaments of G20 nations that began here Thursday. Gagne had earlier confirmed her presence at the Parliament-20 meeting chaired by Lok Sabha Speaker Om Birla. "The Canadian Speaker is not attending the Summit. Schedules keep changing," Parliamentary sources said. Earlier, Birla had said he would raise "several issues" in his informal talks with the Speaker of the Canadian Senate. India, Canada relations have nosedived after Prime Minister Justin Trudeau's allegations last month linking Indian agents to the killing of Khalistani extremist Hardeep Singh Nijjar in June. India had dismissed the allegation as "absurd". The P20 meeting got underway on Thursday with Parliamentarians of G20 nations participating in the Parliamentary Forum on LiFE (Lifestyle for Environment), a movement proposed by Prime Minister Narendra Modi.

PM Modi to inaugurate P20 Summit on Oct 13, discuss critical global issues

Prime Minister Narendra Modi will inaugurate on Friday the meeting of Presiding Officers of Parliaments of G20 member nations that will deliberate on critical global issues such as gender equality and transforming lives through public digital programmes. Lok Sabha Speaker Om Birla will kick-start the three-day summit on Thursday by chairing a Parliamentary Forum on LiFE (Lifestyle for Environment), a movement proposed by Modi to advocate sustainable lifestyles to safeguard the environment. The Parliamentary Forum on LiFE will bring together parliamentarians from G-20 nations, along with invited countries and international organizations, to deliberate on strategies for advancing sustainable lifestyles and combating climate change, a Lok Sabha Secretariat statement said. This forum holds significance, serving as a platform for parliamentarians to exchange insights and successful approaches in the promotion of sustainable living, it said. The President of the Pan African Parliament wi

India 72 places up in mobile download speed index after 5G launch: Report

Country ahead of its neighbours and some G20 nations, says Speedtest Global Index by Ookla

Economic stress in India's neighbourhood

Crises in Sri Lanka, Bangladesh and Pakistan reveal their structural weaknesses

Finance Minister Sitharaman meets G20 expert group on strengthening of MDBs

Finance Minister Nirmala Sitharaman on Saturday met the G20 Independent Expert Group on strengthening of Multilateral Development Banks (MDBs). The G20 Independent Expert Group (IEG) is co-convened by former American treasury secretary Lawrence Summers and ex-chairman of the 15th Finance Commission N K Singh. The IEG set up by G20 India Presidency has focused on strengthening MDBs and delivered Volume 1 of its report which was acknowledged by G20 leaders in New Delhi Leaders Declaration earlier this month. "The #G20IEG members are currently in India working on Volume 2 of their report to be discussed in #G20 meetings scheduled to be held under the Indian Presidency in #Marrakech on sidelines of @IMFNews @WorldBank #AnnualMeetings," the finance ministry said in a post on X. The fourth and final Finance Ministers and Central Bank Governors (FMCBG) Meeting under India's G20 Presidency is taking place next month in Morocco. MDBs need to provide an additional USD 260 billion annually t

India has lowest share of women working among G20 countries, shows data

Trend has only worsened in recent years