They leaders discussed their perspectives on strengthening multilateral development banks, global debt vulnerabilities, crypto assets and health
The UK's Chancellor of the Exchequer, Jeremy Hunt, will arrive in Bengaluru on Thursday to attend the G20 Finance Ministers and Central Bank Governors meeting, and with a declared mission to enhance the India-UK economic partnership. On his first visit overseas since taking charge at the UK Treasury, Hunt will meet with his Indian counterpart, Union Finance Minister Nirmala Sitharaman, and senior business leaders and tech CEOs of the country to explore collaboration opportunities. His office said the tour aims at strengthening the already productive India-UK economic relationship and deepen ties with a rising "economic superpower" to increase new investments and jobs in the United Kingdom. "I want the UK to be the world's next Silicon Valley this is an ambition within reach thanks to our status as a global financial powerhouse and home to world class universities and research institutions," Hunt said, on the eve of his India visit. "We already have a USD1 trillion tech industry, b
Russian Foreign Minister Sergei Lavrov will be on a three-day visit to India to participate in the G2O Foreign Ministers' meeting in New Delhi from March 1-2, Russia's Ministry of Foreign Affairs said.Taking to Twitter, Russia's Foreign Ministry said that Lavrov will also meet External Affairs Minister S Jaishankar during his visit from March 1-3."March 1-3, New Delhi, negotiations with Indian FM @DrSJaishankar & participation in the meeting of the Foreign Ministers of the #G20 Member States," the Ministry tweeted.The foreign ministers of the Group of Twenty (G20) countries are set to meet in New Delhi in March.India's special invitee guest countries are Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, Spain and UAE. India is hosting G20 meetings across several cities around the country.The Russian Foreign Ministry also tweeted that he will hold meetings with Azerbaijan's President Ilham Aliyev and will also negotiate with his Azerbaijani counterpart Jeyhun ..
Georgieva said while 2023 will be another challenging year, it could represent a turning point - with inflation declining and growth bottoming out
India has kept a neutral stance on the war, declining to blame Russia for the invasion, seeking a diplomatic solution and increasing its purchases of Russian oil over the past year
The Global Sovereign Debt Roundtable is all set to be launched in Bengaluru later this month on the sidelines of the G-20 finance track, will bring in key stakeholders to discuss issues that have been impeding a timely debt restructuring process, a top official of the International Monetary Fund said here. The Global Sovereign Debt Roundtable on February 25 will be co-chaired by the IMF, the World Bank and India, which is president of G-20 countries this year. This will be preceded by a virtual meeting on February 17. "It is basically to discuss issues that have been impeding reaching a timely debt restructuring process, and the lessons from the cases that we had in the recent past and come up with technical solutions to address these shortcomings," Ceyla Pazarbasioglu, Director of the Strategy and Policy Review department at the IMF, told a group of reporters here on Tuesday. According to her, it is mainly about processes, about standards, about definitions of key issues, that wil
Guests from 40 countries arrived at the Global Investors Summit, while representatives of 36 countries, including friendly nations, are participating in the G-20, stated an official release
Nearly 1.50 lakh foreign delegates are expected to arrive in India this year to participate in various G20 meetings to be held in 56 cities, Union Tourism Minister G Kishan Reddy said on Tuesday. Addressing reporters, Reddy said after independence and till 2014, only 13 antiquities which were smuggled out of India, were brought back. Whereas during Prime Minister Narendra Modi's visits to various countries, 229 relics or monuments were brought to the country. India is hosting (heading) G20 this year. Officials and minister and delegates from 29 countries (20 countries of G20 group and nine special invitees) will be coming to India to participate in various meeting. The meetings will be held in 56 cities in India. Approximately 1.50 lakh foreign delegates are expected. Along with them their family members and associates are also expected." Owing to COVID-19 pandemic, he said the tourism sector suffered heavily for two years. However, the revival started in 2022 as domestic tourism .
The two-day meeting will be attended by 94 delegates from the member countries of G20, guest countries, different international organizations and also officials from the Union government
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The 1st Health Working Group meeting under G20 India Presidency will be held here from January 18 to 20. India assumed the presidency of the G20 on December 01, 2022
Around 300 delegates and experts, including 94 foreign guests from 22 countries, have been taking part in the conclave
Currently, the GIH's work is limited to acting as a knowledge sharing hub, to produce data and insights that inform policy and infrastructure delivery
As President, India will host nearly 200 meetings across the country that thousands of delegates are expected to attend along with media, govt officials, event managers, private sector representatives
'This is a unique forum of both the developed world and emerging economies. We need to build new approaches that benefit them both'
G20 currently comprises 19 countries cutting across continents and the European Union, representing around 85% of the world's GDP
As the country prepares to host the summit of twenty nations next year in September 2023, it also has to tackle rising concerns of climate change and calls for the expansion of the group from other co
India's G20 Sherpa Amitabh Kant on Tuesday said New Delhi will work with countries to promote digital public infrastructure to deepen financial inclusion and improve service delivery. India will officially assume the G20 presidency from the current chair Indonesia on December 1. Speaking at the 7th edition of the Global Technology Summit organised by Carnegie India, Kant said India is taking over the presidency of the G20 at a time when the world is going through a lot of turmoil. There is a geopolitical crisis in Europe, 200 million people have gone below poverty line and 100 million people have lost jobs due to COVID era, he said while speaking on the topic 'India's Digital Way: The Road to G20 and Beyond'. "There is a huge crisis of global debt. Almost 70 countries in the world are facing a debt crisis. We have the challenge of a global supply chain which is disrupted. You have the challenge of climate action. "But every crisis is also an opportunity. And to my mind, this is a
The Finance Track of the powerful G-20 grouping is older than the Sherpa Track, since G-20 was formed with the intention of governance of the global economy
Modi holds talks with Biden, Sunak, Macron