Page 12 - G20 Nations

FM Nirmala Sitharaman shares India's response to Covid-19 with G-20 panel

Sitharaman on Monday highlighted the slew of measures undertaken to support the economy during the pandemic

International cooperation answer to challenge posed by Covid: Jaishankar

Jaishankar pushes for vaccine equity as G20 foreign ministers meet face-to-face for the first time in two years

G20 leaders vow unity; to boost vaccine access to fight Covid-19 pandemic

To sign 'Declaration of Rome'- guiding principles that prioritise multilateralism

G20 Summit: Singapore PM calls for equitable distribution of Covid vaccines

Singapore Prime Minister Lee Hsien Loong has called on the world leaders to work together to ensure affordable and equitable distribution of Covid-19 vaccines

G20 determined to use all tools to contain pandemic, save jobs, incomes

A final joint statement will be released by leaders from the United States, China and other Group of 20 nations after they meet by video conference on Saturday

Vital for G20 nations to coordinate monetary, fiscal policies, says Snower

Noting that at the G20 meeting in Saudi Arabia on Saturday, it is absolutely vital that some agreement must be signed for production and distribution of COVID-19 vaccines, Snower said

G20 leaders urge to provide funds for Covid-19 vaccines, drugs, tests

The letter also called on G20 leaders to commit jointly to "a proportion of future stimulus" spending on the tools, which are particularly aimed at securing supplies for lower income countries

IMF warns against premature withdrawal of stimulus amid Covid resurgence

The IMF noted progress on a vaccine, but also said elevated asset prices point to a disconnect from the real economy and a potential threat to financial stability

FM calls for consensus on taxing digital firms like Google, Facebook

Some 129 countries are in talks to rework global tax system to make digital firms pay tax regardless of their physical presence or measured profits in a country

IMF asks G20 countries to increase fiscal spending on Covid-19 crisis

The IMF last month forecast a 2020 global contraction of 4.4% and a return to growth of 5.2% in 2021, but warned that the situation remained dire and governments should not withdraw stimulus premature

Gita Gopinath confirms India's GDP most affected among G-20 countries

The IMF chief in a tweet showed India's internationally comparable quarter-on-quarter GDP shrank the most among G-20 countries at 25.6%

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

G20 nations imposed 59 import-restrictive measures in 7 months: WTO

Tariff increases, import bans, stricter customs procedures, export duties and other such measures introduced during the review period affected 2.8 per cent of G20 trade

G20 countries pledge over $21 billion to fund fight Covid-19 pandemic

The announcement comes after the G20 countries injected more than USD5 trillion into the global economy in late March

G20 nations to freeze debt of world's poorest; IMF, World Bank welcome move

The actions to freeze both principal repayments and interest payments will free up more than $20 billion for the countries to spend on improving their health systems

Total oil curbs could remove 19.5 mn barrels from market every day: Saudi

The OPEC+ alliance, led by Riyadh and Moscow, agreed on Sunday to slash daily production by 9.7 million bpd over the next two months

G20 ministers struggle to finalise oil output cuts despite Trump's efforts

The final G20 communique appeared to gloss over simmering divisions over energy policy, making no mention of output cuts and pledging simply to ensure oil "market stability"

Develop innovative methods to fund requirements: FM Sitharaman at G20

She was speaking at the 2nd Extraordinary G20 Finance Ministers and Central Bank Governors (FMCBG) meeting, held in a virtual manner.

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.