Lauding India’s structural reforms, Amitabh Kant, India’s G20 Sherpa and former Niti Aayog chief, said such reforms have moved the country from the fragile 5 to the top 5, leading to a growth rate of about 8.4% in the last 3 quarters. “Analysts are correct in saying that 30% of the global GDP growth will … Read more
The recent Global Sovereign Debt Roundtable (GSDR) held in Washington DC addressed the pressing issue of mounting debt burdens faced by low- and middle-income countries (LMICs). Despite the progress in tackling global debt vulnerabilities, as acknowledged by the IMF and World Bank in the newly released GSDR report, and the glimmer of hope offered by … Read more
Western powers butted heads over how to handle frozen Russian assets on Wednesday as G20 finance ministers kicked off a discussion of challenges for the global economy, trying to set aside deep geopolitical divisions. Brazilian officials hosting the two-day meeting in Sao Paulo sought to focus talks on economic cooperation to tackle issues such as … Read more
U.S. Treasury Secretary Janet Yellen on Tuesday underscored the urgency of moving forward together with Western allies to unlock the value of frozen Russian sovereign assets to help Ukraine, but said the U.S. had no “preferred strategy” for how to do so. Yellen, speaking at a news conference ahead of meetings with her G7 and … Read more
MUMBAI: India’s insurance sector is set to be the fastest growing among G20 countries from 2024 to 2028, reinsurance giant Swiss Re said.The insurer forecasts a robust inflation-adjusted growth rate of 7.1% for India’s insurance market over the next five years, nearly three times higher than the global average of 2.4%. The Swiss Re Institute … Read more
The summit left a lasting impression on both participants and observers. India’s G20 presidency prioritized inclusivity and outreach. (File) G20 Summit In New Delhi: September 2023 marked a historic moment for India as it hosted the G20 Summit in its vibrant capital, New Delhi. The 2023 G20 New Delhi summit was the eighteenth meeting of … Read more
External Affairs Minister (EAM) S Jaishankar on Sunday declared India’s G20 presidency as its foremost diplomatic accomplishment of the year during his address at the Rotary Institute 2023 event in Bengaluru.Highlighting the significance of the G20presidency, Jaishankar emphasized its role in garnering a renewed commitment from the world’s most powerful nations toward sustainable development and … Read more
AHMEDABAD: To become a net zero nation by 2070, India requires a capital of $10 trillion, according to Prime Minister Narendra Modi. He addressed the second edition of Infinity Forum 2023 organised at GIFT City in Gandhinagar. Underlining the urgent need for making sustainable finance available to developed and developing countries, the PM emphasised that … Read more
This event has seen participation of young and bright minds across the world and has contributed to strengthening the bridges of friendship with our G20 partners. The international edition of G20 THINQ was planned with teams from all G20+09 nations. (Image: PIB) Sail Beyond The Horizon: The Indian Navy Quiz “ThINQ” went global this year … Read more
Lots of institutions and organisations have been working towards the vision of bringing in gender equality, both in urban and rural areas. Image for representational purposes New Delhi: India has set high standards during the recent G20 summit. It has been a huge success, as India has been able to achieve the ‘Delhi Declaration’ consensus … Read more