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The Latest Breaking News from G20

G20 Working Group Meeting | We must mobilise private finance for disaster risk reduction: P.K. Mishra

India has transformed DRR financing, creating a predictable mechanism for responses, mitigation, preparedness & recovery. G20 must create an enabling environment to attract private finance for DRR & make it part of core business. Need to think beyond pilots & design initiatives for scale.

The Hindu

Overwhelming response to PM's proposal of making African Union permanent member of G-20: Amitabh Kant

Last month, Prime Minister Narendra Modi wrote to the leaders of the world’s 20 largest economies pitching for giving the African Union full membership of the grouping at its upcoming summit in New Delhi in September.

The Hindu

Third and final G-20 Disaster Risk Reduction Working Group meeting to be held in Chennai from July 24-26

G20 Disaster Risk Reduction Working Group to hold 3rd meeting in Chennai (Jul 24-26). Leaders, international orgs & knowledge partners to draft communique on priority areas incl. Early Warning Sys, Disaster & Climate Resilient Infra, Financing Framework, Disaster Response Sys & Ecosystem-based Approach. Notable dignitaries to participate, communique to serve…

The Hindu

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Redeveloped ITPO complex for G-20 leaders meet to be inaugurated on July 26

The redeveloped complex of India Trade Promotion Organisation’s (ITPO) Pragati Maidan, which will host India’s G-20 leaders meetings in September, will be inaugurated on July 26, likely by PM Modi

The Hindu

Explained | Will G-20 agree on a Joint Communiqué?

Why has a single joint statement not been released so far at any G-20 Ministerial meeting? What is the bone of contention? What are the ‘Bali Paragraphs’ and why are they being incorporated in the current document? As G-20 President, what is India’s focus?

The Hindu

G-20 Joint Communiqué | Russia accepts a para on Ukraine war

G-20 negotiators make progress on consensus; Russia drops objections to one of two paragraphs on Ukraine war. China, South Africa raise new worries. India's G-20 agenda on development issues yields "ambitious outcomes" from Ministerial meetings. Negotiations continue to reach consensus on Leaders' Declaration.

The Hindu

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

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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

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

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

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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…

France 24

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…

The Independent UK

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

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The Hindu

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

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.

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.

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