On India's leadership under PM Modi, Ackermann reminisced about India's G20 Presidency and recognised how it was held in a tumultuous time and how India successfully conducted it
Brazil's Ambassador to India, Kenneth Felix Haczynski da Nobrega, said that success of Brazil's G20 Presidency is solidly built on the 'excellent achievements' of the Indian G20 presidency
The book is worth reading to understand India's enduring contribution to the G20, even though the contributions sometimes may be overlapping and repetitive
The amount is 36 times greater than the wealth accumulated by the poorest half of the world's population, and nearly 80 per cent of the world's billionaires reside in G20 countries
A broader G20 joint communique is expected on Friday, when finance ministers and central bankers conclude this week's meetings in Rio de Janeiro
Speaking to the press, Brazil's G20 finance track coordinator, Tatiana Rosito, said negotiations were ongoing, but she "firmly" believed there would be consensus for an extensive joint statement
If closing out the G20 Summit was the most satisfying moment of his career, the most significant was being associated with "enormous changes in some crucial relationships" such as the US, Australia, UAE and Japan during the last five years, Foreign Minister S Jaishankar says. "These relationships have really changed tremendously in the last five years, last decade. And, the growth of the Quad, again that is something that we tried a decade and a half ago, not succeeded, did it a second time. This time it actually, really worked," Jaishankar told PTI in an exclusive interview at the news agency's headquarters. Jaishankar spoke on a range of issues in the nearly hour-long interview including his view of the world in 10 years from now, the challenges faced by India, and the rising profile of the country in the international arena under his watch. Hosting the G20 Summit last year "wasn't just the hard work", because in many ways the "prestige of the country" was riding on it, he said.
Experts warn richer nations may pressure developing countries to meet green targets
During the annual Spring meetings of the IMF and the World Bank there was a widespread appreciation of the role played by India during its G-20 presidency in building consensus on a range of key global issues, a top Indian official has said. India hosted the G20 Summit in New Delhi from September 9-10. The summit adopted a 37-page consensus declaration overcoming major differences on the Russia-Ukraine war and took several steps to ensure the stability of the global economy. There is a widespread appreciation of Indian presidency of the G-20 in building consensus on several issues, relevant for global deployment, conducted of various meetings during the presidency as well as the leaders' summit, Ajay Seth, Economic Affairs Secretary told PTI on Friday on the sidelines of the annual sprint meetings of the International Monetary Fund and the World Bank. Due to the ongoing Lok Sabha election, Union Finance Minister Nirmala Sitharaman is not attending the annual IMF and World Bank ...
Private capital is not fully ready to embrace both the risks and opportunities associated with funding energy transition, Chief Economic Adviser V Anantha Nageswaran said on Thursday. Speaking at the Raisina Dialogue 2024, Nageswaran said there is a lot of talk about funding energy transition and climate change requirements but nothing much is happening on the ground. Citing an example, he said, yields on sovereign green bonds that India issues only have a benefit of one or two basis points. "It is very clear that private capital isn't fully ready to embrace both the risks and the opportunities associated with funding energy transition. Now, if that requires further de-risking by the multilateral agencies, or by sovereigns, then that is an explicit cost that needs to be factored in, given the not so great fiscal situation of several other countries after the pandemic and the debt crisis," he said. During India's G20 presidency, he said, "we did bring out the two volume report of th
Brazil's foreign minister called for reforms of the United Nations and other multilateral institutions on Wednesday while criticising their inability to prevent global conflicts, as his country kicked off its presidency of the Group of 20 nations. Mauro Vieira told fellow foreign ministers during opening remarks for a G20 meeting in Rio de Janeiro that the UN Security Council has been unable to prevent or halt conflicts such as those playing out in Ukraine and the Gaza Strip. Multilateral institutions are not adequately equipped to deal with current challenges, as demonstrated by the unacceptable paralysis of the Security Council in relation to ongoing conflicts, Vieira said. Foreign ministers of the 20 leading rich and developing nations are gathering this week to discuss poverty, climate change and heightened global tensions, setting a roadmap for work to accomplish ahead of a November 18-19 summit in Rio. One of Brazil's key proposals, set by President Luiz Inacio Lula da Silva,
India emerged as a "friend" and "consensus builder" in the world following its successful G20 presidency, External Affairs Minister S Jaishankar said on Friday, describing it as a "notable period" in the country's diplomatic history. In an address at a book-launch ceremony, Jaishankar especially referred to New Delhi managing to produce a leaders' declaration at the G20 Summit in September last year, overcoming divisions over the Ukraine conflict. "We had a particularly exciting last 48 hours before we came to that consensus," he said in an oblique reference to the hectic negotiations that went on to bridge the differences over the text to describe the Ukraine conflict in the declaration. Jaishankar was speaking at the launch of a book titled "India and the Future of G20: Shaping Policies for a Better World". The event was organised by the National University of Singapore's Institute of South Asian Studies. "From an Indian perspective, the G20 for us was a test of our ability to ..
On the eve of the 75th Republic Day, in her address to the nation, President Droupadi Murmu talks about G20 summit, Ram Mandir, Paris Olympics, and more. Watch the full speech
With the end of another year, we take a look at the biggest headlines and stories from Indian politics that defined 2023
India assumed the G20 Presidency on December 1, 2022
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
From geopolitical conflicts to historic political shifts, 2023 has been a year of significant milestones. Dive into the key political events that left an indelible mark on the world stage
Strengthening multilateral development banks for the 21st century
EAM Jaishankar said that through its G20 Presidency, India was able to get the most powerful countries of the world to show a new commitment to sustainable development and promoting green growth
As MoS Muraleedharan shared details of the expenses, he dismissed the claims made by Shiv Sena MP Sanjay Raut who had said that govt spent more than Rs 4,000 crore on the summit