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The Latest Breaking News from G20

G20 energy ministers fail to agree on plan to reduce fossil fuels

Energy ministers from the group of 20 nations meeting in India on Saturday failed to agree on a roadmap to phase down the use of fossil fuels in the global energy mix.

Radio France Internationale

India making great efforts in green growth and energy transition: PM Modi

India making great efforts in green growth and energy transition. PM Modi says India is moving strongly on climate commitments, achieved non-fossil installed electric capacity target nine years in advance. G20 group urged to ensure low-cost finance for developing countries, bridge tech gaps, promote energy security, diversify supply chains.

The Hindu

India ‘hopes’ all G20 leaders, including Putin, will attend upcoming world summit

‘This is a physical summit and we would hope that all the invitees are able to participate in person’

The Independent UK

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Need to skill our workforce in use of advanced technologies and processes: PM Modi

“Globally, mobile workforce is going to be a reality in the future. Therefore, it is now time to globalise the development and sharing of skills in the true sense. The G20 must play a leading role in this,” he said.

The Hindu

Fourth G20 Energy Transitions Working Group meeting begins in Goa

G20 delegates, special invitees, and international orgs meet in Goa to discuss 6 priority areas of energy transition. The two-day meeting chaired by Pankaj Agarwal focuses on tech gaps, low-cost financing, energy security, energy efficiency, industrial low carbon transitions, and universal access to clean energy. Discussions to identify and promote…

The Hindu

Consultancy firms’ tactics under scrutiny – as it happened

This blog is now closed.

The Guardian - AU

G20 finance chiefs end their meeting in India without consensus on the war in Ukraine

A meeting in India of finance chiefs and central bank governors of the Group of 20 leading economies has ended without consensus because of differences over the war in Ukraine

The Independent UK

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Nirmala Sitharaman meets Chinese counterpart, discusses global debt vulnerabilities

Finance Ministers Nirmala Sitharaman and Liu Kun discussed G20 India Presidency deliverables, MDBs, global debt vulnerabilities, and GPFI. Minister Liu Kun praised India's leadership in G20, and Sitharaman appreciated China's efforts in Sustainable Finance Working Group. Both met at 3rd G20 FMCBG meeting.

The Hindu

We want to make it easier for Indians to be able to travel into UAE or elsewhere: UAE envoy

UAE-India trade is growing, but travel between the two countries is hindered by an Air Service Agreement impasse. Abdulnasser Alshaali, UAE Ambassador to India, said in an interview to The Hindu that the two countries are working to resolve the issue.

The Hindu

Rupee-dirham deal is bilateral, not about resolving Russia payments issue: UAE Envoy

UAE Ambassador to India Abdulnasser Jamal Alshaali says India-UAE rupee-dirham deal is bilateral, not to de-dollarise global economy. Deal to lower transaction costs, ease path for trade b/w India and UAE. India-UAE trade increased 15% since implementation of Comprehensive Economic Partnership Agreement. UAE committed to supporting India's G20 presidency, wants…

The Hindu

G20 finance ministers meet as UNDP warns of 'human cost of inaction' on debt

US Treasury Secretary Janet Yellen has called on rich countries to speed up debt relief to developing nations ahead of the G20 finance ministers' meeting in India this week. Her call comes as a new report by the United Nations Development Programme (UNDP) shows that the number of countries that…

France 24

In India, G20 finance chiefs set to address global challenges like climate change and rising debt

Finance ministers from the Group of 20 nations meeting in India are set to address critical global economic challenges, including the threat posed by climate change and rising debt among low-income countries

The Independent UK

India, U.S. commit to strengthening ties, look for alternatives to fund energy transition

India and the U.S. committed to strengthening bilateral ties and actively pursue the G20 agenda, as Finance Minister Nirmala Sitharaman and U.S. Treasury Secretary Janet Yellen held bilateral meetings on the sidelines of the G20 Finance Ministers and Central Bank Governors meeting

The Hindu

New National Tourism Policy soon, says Kishan Reddy

The Hindu

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The Hindu

India to push G-20 to raise MNC tax share

India to push for higher share of taxes from multinationals at Finance Ministers and central bankers meeting in Gujarat; seeks de-linking of withholding tax from excess profit tax principle.

The Hindu

G20 FMCBG meet at Gandhinagar | India 'indispensable partner' for friend-shoring, says U.S. Treasury Secretary Janet Yellen

United States Secretary of the Treasury Janet Yellen said derisking and friendshoring are important priorities for the U.S. and something that it is promoting in India. Read more on The Hindu

France 24

Russia repels Ukraine drone attack on Crimea, says Kremlin

Russia thwarted a Ukrainian drone attack near Sebastopol, a crucial port in Russian-annexed Crimea, Russia's defence ministry said Sunday morning. Moscow's air defence forces and Black Sea fleet reportedly took out a total of nine drones throughout the assault, which the ministry said caused no damage or casualties. Also, President…

AAP

Jobs data will be big ticket item for rates outlook

The official jobless rate could start to show some signs of lifting, as domestic economic conditions continue to deteriorate and weigh on hiring decisions.

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The Hindu

At G-20 meet, India presses for responsible use of AI technology

There is certainly some cause for concern about Artificial Intelligence (AI) generated cyber-attacks, malware, highly convincing information manipulation, and scams that can be deployed cheaply and at formidable scale using these tools, India said in a statement at the conclusion of the G20 conference on cyber security.

The Hindu

Handloom art exhibition in Hampi

The JSW Foundation, a social development wing of JSW Group, organised “Woven Narratives”, a unique exhibition of Indian handlooms curated by textile designer, writer and curator Mayank Mansingh Kaul, at Hampi in Vijayanagar district on Friday.

The Hindu

Analysis | India stakes its G20 legacy on Global South imprint

G20 negotiators led by Indian Sherpa Amitabh Kant continue discussions on draft “Leader’s Declaration” for Summit in Sept. India pushing for AU membership to expand Global South's imprint in G20, diverting attention from Ukraine war. G-7 countries adamant to include war in Ukraine in G20 document, while Russia and China…

The Conversation

Understanding time may be the key to the race against climate change

Something has to change. Politicians and environmental organisations have invested millions trying to influence people’s behaviour and tackle the climate crisis. But it’s not working. No G20 country is on track to meet their climate goals.

The Hindu

Cybercrimes pose a major threat to security of citizens globally: Amit Shah

Home Minister Amit Shah says cybercrimes pose a major threat to global security. He will inaugurate a two-day G20 conference on July 13, 2023 to address cybercrime concerns and will also flag off cyber volunteer squads

The Hindu

G20 meetings helped placing culture at heart of policy-making: Union Minister Pralhad Joshi

The G20 working group meetings have progressed from identifying and deliberating on four key priorities to seek consensus on action-oriented recommendations that would be a significant step in placing culture at the heart of policy-making, Union Minister Pralhad Joshi said on July 10.

The Hindu

As envoy says G-20 summit is key event for Russia, Putin visit now a possibility

The G20 summit in India is one of the “most important” events for Moscow, said a senior Russian diplomat, indicating the possibility that Russian President Vladimir Putin could attend the summit.

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