Page 5 - G20 Summit

G20 summit satisfying, forging friendships most significant: EAM Jaishankar

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.

G7 commits to coal phaseout with caveats, may influence G20 and COP29 talks

Experts warn richer nations may pressure developing countries to meet green targets

Role played by India during G-20 presidency appreciated at IMF meeting

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 ...

Pvt capital not ready to embrace energy transition opportunities: CEA

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 min calls for reform of United Nations as it starts G20 presidency

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 consensus builder following its G20 presidency: Jaishankar

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 ..

Watch: President Murmu's full address to nation on eve of Republic Day 2024

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

Year in review: How India's political landscape transformed in 2023

With the end of another year, we take a look at the biggest headlines and stories from Indian politics that defined 2023

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

A year in politics: A recap of all key global events that shaped 2023

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

Must maintain momentum on policy guidance in G20 Delhi declaration: CEA

Strengthening multilateral development banks for the 21st century

India's G20 presidency was its diplomatic achievement of 2023: Jaishankar

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

Govt spent Rs 416 cr out of Rs 990 cr allocated for G20 summit: MEA

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

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

Year in Google Search: Chandrayaan-3, 'What is G20' top trending list

People searching for preventing sun damage to skin and hair with home remedies tops 'how to' category

'India planning to move from WPI to PPI in future like most G20 nations'

India is planning to move from the Wholesale Price Index to Producer Price Index (PPI) in future as most of the G20 countries follow this practice, an official said. The official said that the National Statistical Commission (NSC) is examining the working group report on the roadmap for introducing the PPI and their recommendations are awaited. "It is with Statistical Commission, so we will wait for the panel recommendation," the official, who did not wish to be named, said. When asked about the future plan on this, the government official said: "Initially, we will probably go with both (WPI and PPI) and after a few years, we may phase out WPI, because we are one of the few countries among G20 which still have WPI. All other including China use PPI". The PPI has been discussed for the past several year. A working group was set up a few years back to determine the methodology and data requirements to move ahead. In 2019, the government constituted a working group for revision of th

Want to thank PM Modi for helping Africa become G20 member: Kenya President

He said that India and Kenya have a fantastic bilateral relationship and added that he is looking forward to visiting India

Top UN leaders, envoys hail India as champion of South-South cooperation

Top UN leaders and envoys have lauded India's "exemplary leadership" in addressing global challenges and for being a champion of South-South cooperation, as they highlighted the country's G20 Presidency and termed the enduring" partnership between India and the United Nations as a guidelight within the Global South. India assumed the year-long G20 Presidency in December last year and is all set to hand over the baton to Brazil. The Permanent Mission of India to the UN and the UN Office for South-South Cooperation (UNOSSC) organised a special event at the world body's headquarters here Wednesday to commemorate six years of collaborative partnership of the India-UN Development Partnership Fund. India has long been a champion of South-South cooperation and the global pursuit of the SDGs, bringing to life its philosophy of 'Vasudhaiva Kutumbakam' - the world as one interconnected family, UN Deputy Secretary-General Amina Mohammed said in her remarks at the event. Mohammed underscored t

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