Page 4 - G20 Economies

India assumes leadership on world stage from Thursday with G-20 presidency

India will formally assume the G20 presidency starting Thursday, thereby beginning a unique opportunity for the country to contribute to the global agenda

'Era not of war': G20 declaration uses Modi's words in call for diplomacy

Summit leaders deplore deplored Russia's war in Ukraine 'in the strongest terms'

G20 members imposed export restrictions at increased pace: WTO report

Ahead of the G-20 summit in Indonesia, a WTO report on Monday said that the G20 countries introduced export restrictions at an increased pace during mid-May and mid-October 2022 in the back of global economic uncertainties. G20, a grouping of developed and developing nations, members include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Japan, Russia, the UK, the US, among others. It said that as of mid-October 2022, WTO (World Trade Organisation) members still had in place 52 export restrictions on food, feed and fertilizers, in addition to 27 export restrictions on products essential to combat COVID-19. Of these, it said 44 per cent of the export restrictions on food, feed and fertilizers, and 63 per cent of the pandemic-related export restrictions, were maintained by G20 economies. "In a context of economic uncertainty exacerbated by the COVID-19 pandemic, the war in Ukraine and the food security crisis, G20 economies between mid-May and mid-October 2022 .

Inflation, Ukraine war make world economy gloomier than last month: IMF

In last month's WEO, IMF cut its forecast for global growth next year to 2.7%, from 2.9% seen in July and 3.8% in Jan, adding that it sees a 25% probability that growth will slow to less than 2%

G20 Delhi summit likely to have dedicated vertical for digital public goods

Open-source Aadhaar and UPI will be two top digital public goods offered; govt trying to take QR-based authentication and payment services global following success of DBT, payment digitisation

Another lotus blooms

India prepares to take over the G20 presidency

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

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

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

How the G20 Summit can be leveraged to showcase India's tourism sector

Thrust on developing the tourism industry will help India achieve the $5 trillion economy target faster

India to set climate resilient urban growth as G-20 infra agenda

Officials say that the issue climate resilient urban infrastructure is key for developing and developed economies

G20 economies must push relief to avoid debt crises, say experts

As the pandemic battered global economies, the Group of 20 leading economies launched measures, including a temporary debt service suspension for poor countries to provide breathing room

G20 wants 70% of world vaccinated by mid-2022, sets up pandemic task force

The previous goal had eyed vaccinating 70 per cent of the world's population by the autumn of 2022

Sitharaman to attend G-20 joint finance, health ministers meet in Rome

Finance Minister Nirmala Sitharaman will attend the G-20 joint Finance and Health Ministers meeting in Rome on October 29, which among other things will discuss COVID pandemic prevention and response. Union Finance Minister Smt. @nsitharaman embarks on an official visit to attend #G20 Joint Finance & Health Ministers meeting in #Rome to discuss measures to strengthen #COVID19 #PandemicPrevention, #preparedness & #response. The meeting precedes #G20RomeSummit, the Finance Ministry tweeted. Finance and health ministers will discuss how to keep momentum on response to pandemic and build on further coordination arrangements between health and finance ministries. On October 29, G20 Finance and Health Ministers will gather in Rome for their first joint meeting under the Italian G20 Presidency. The meeting will be co-chaired by Daniele Franco, Italian Minister of Economy and Finance and Roberto Speranza, Italian Minister of Health. The meeting will be held on the eve of the G20 ...

World Bank chief expects G20 to extend debt payment freeze through end-2021

The G20 Debt Service Suspension Initiative (DSSI) has already helped countries defer some $5.7 billion in payments through the end of 2020

India to post strong GDP growth pick up in second half of 2020: Moody's

For 2021 year, Moody's has projected Indian economy to grow 6.9 per cent

Business, labour groups urge G20 to expand debt freeze for poorer countries

Top global finance officials last week said debt restructuring may be needed on a country-by-country basis to help heavily indebted countries hit hard by the outbreak

Reducing debt will end poverty trap for poor nations: World Bank chief

Developing countries and emerging markets face dire economic consequences from the pandemic given inadequate healthcare systems

Covid-19: G20 nations agree to keep markets open, tackle supply disruptions

The current federal rules require an H-1B visa holder to leave the US along with their family members within 60 days of losing their job.

Europe admits G20 economies will miss extra growth target

G20 economies agreed in 2014 to boost growth in their economies by 2% over 5 years through reforms