Tag: G20 summit

PM Narendra Modi’s G20 Summit signoff
Business

PM Narendra Modi’s G20 Summit signoff

After the two most important announcements on Saturday — the inclusion of the African Union into the G20 club and a consensus on the New Delhi Declaration — the concluding day of the Leaders’ Summit was meant for a few bilaterals and a trip to Rajghat to pay homage to Mahatma Gandhi. On a rainy Sunday morning, the last session of the Summit didn’t have a full house at Bharat Mandapam — the scene of action for the Summit in the capital. US President Joe Biden left for his next stop —Vietnam — soon after his Rajghat outing.At the end of the session, Prime Minister Narendra Modi announced the Summit closed, and proposed a virtual G20 session in November before the presidency officially goes to Brazil.   The ceremonial transfer was, however, marked by Modi handing over th...
India’s G20 presidency set path for world: World Bank president Ajay Banga
Business

India’s G20 presidency set path for world: World Bank president Ajay Banga

NEW DELHI: World Bank President Ajay Banga on Sunday said that India in its G20 presidency has set a path for the world and lauded that the G20 declaration was anonymously adopted by all G20 nations."I consider the fact that there was a declaration, a tribute to the fact that the G20 leadership found a way to give and take and negotiate and find a right way to agree and set a path for the world. The world is watching, the G20 has got the developed world and the developing countries,” Banga said.While speaking to ANI, Banga emphasised that challenges will always exist but India had shown the way by working out a consensus.He added, “80% of the world's GDP was sitting in the room. If they would not agree that would not give a good message. I actually compliment India, its leadership and the...
G20 Summit: Top Indian chefs join hands to prepare a unique feast
Entertainment

G20 Summit: Top Indian chefs join hands to prepare a unique feast

Amidst the grandeur of the G20 Summit in New Delhi, the celebration extends to the rich tapestry of Indian cuisine where top chefs are presenting the esteemed guests with the timeless culinary treasures of the country. Recently celebrity chefs Kunal Kapur, Anahita Dhondy and Ajay Chopra came together to treat the First Ladies and other global leaders to a delectable millet-based meal.Chef Kunal Kapur turned to Instagram to express the exhilaration coursing through him for being a part of this grand celebration. He conveyed his excitement at the privilege of serving the distinguished First Ladies from the United Kingdom, Japan, and Turkey, referring to the occasion as nothing short of "momentous."He wrote on Instagram “Feeling incredibly honoured and excited for having this opportunity to ...
PM Modi opens the meeting with ‘Bharat’ nameplate
Business

PM Modi opens the meeting with ‘Bharat’ nameplate

Prime Minister Narendra Modi opened the 18th G20 Leaders' Summit on Saturday with his opening remarks. During his address, the country's nameplate read "Bharat" instead of the traditional "India". The debate around the country's name erupted on social media earlier this week following the G20 Summit invitations going out in the name of the "President of Bharat" and not as the "President of India". The dinner invitation from President Droupadi Murmu to foreign leaders attending the G20 summit this weekend comes in the name of "President of Bharat". It triggered a war of words on social media, with BJP leaders clashing with the Opposition and several celebrities and sports personalities also wading into the row. According to media reports, the Centre may i...
At G20 India, US, Saudi, UAE may join hands to connect West Asia with rail
Business

At G20 India, US, Saudi, UAE may join hands to connect West Asia with rail

PM Modi and US president Joe Biden Leaders of the USA, India, Saudi Arabia and the United Arab Emirates are likely to announce a major joint infrastructure deal on Saturday to connect Gulf and Arab countries via a network of railways, US-based news website Axios reported on Thursday, citing sources. The deal will also connect the rail network to India through shipping lanes from ports in the Gulf region. The report also added that if Saudi Arabia and Israel normalise their relations in the future, Israel could also be part of the project. Later, the Biden administration extended the idea to include Saudi Arabia. The project is being seen as a counter to China's plans of expansion in West Asia under its Belt and Road Initiative (BRI). "The joint r...
Sitharaman for attracting pvt investment to develop urban infra
Business

Sitharaman for attracting pvt investment to develop urban infra

China — the world's largest bilateral creditor to low- and middle-income countries — is yet to come on board for a common understanding on debt resolution for such nations, said sources in the know about discussions at the third meeting of G20 Finance Ministers and Central Bank Governors (FMCBG) here.   The debt crisis, a priority area for India in G20 discussions, has been aggravated following the Covid pandemic, and talks have taken place between the World Bank, the IMF, and China, as well as private lenders. The sources said some G20 nations are not keen on a one-size-fits-all thumb rule to restructure debt of vulnerable countries.   India’s G20 presidency is also pushing the envelope on digital public infrastructure and it is holding talks with Indones...