India and the US are engaged in Geneva, the WTO headquarters, to sort out the food stockpiling issue and end the stalemate.
G20 summit noticeably lacked in responses to illicit financial flows, one of the largest drags on development worldwide
By proposing the addition of six permanent members this year, it may appear that it was a major concession, but in actual fact, it will make no difference to the privilege of the permanent five as the new six will have no veto, ever! points out Ambassador T P Sreenivasan.
Trump telephoned Modi to congratulate him on the historic electoral victory in the Lok Sabha polls, the White House said.
RBI Governor Raghuram Rajan will also participate in the meet.
Instead of targeting global imbalances per se, the narrative must change to the structure and direction of such asymmetries.
The prime minister said a stable global economic and financial system is imperative for growth as it promotes inclusive and sustainable growth.
The G20 meeting of the finance ministers and central bank governors beginning July 19 will also be attended by Reserve Bank of India Governor D Subbarao and Deputy Governor Urjit Patel.
Influential world leaders on Thursday braced for a showdown at the G20 summit over an imminent US-led action against Syria, as United States President Barack Obama's plan to launch military strikes cleared the first hurdle with a key Senate committee narrowly approving it.
New Delhi has reached out to Moscow while waiting for a new president in Washington. New Delhi knows well that in international relations, there are no permanent friends or foes, only permanent national interests, points out Dr Rup Narayan Das.
Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.
As Modi spoke, two Cabinet ministers sat behind him as did senior diplomats and civil servants. National Security Adviser Ajit K Doval -- a regular attendee alongside Modi at such international gatherings -- was intriguingly seated behind the Cabinet ministers and the PM's principal secretary.
China's Ambassador to India Luo Zhaohui said the event was just the first step in Sino-India cooperation on Afghanistan and collaboration will deepen in future.
Canadian Prime Minister Justin Trudeau has said that he sees a new opening to engage with India on 'some very serious' issues on national security after the return of Prime Minister Narendra Modi to office for a third consecutive term.
The G20 must also take overdue sanction on transparency, by delivering an exhaustive and objective list on non- cooperative jurisdictions, backed up with the promised sanctions.
The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.
Foreign leaders who witnessed it later commented privately on the oddity of an American president flaunting such a close rapport with his Russian counterpar
As part of its efforts to showcase India's cultural and regional diversity at a global stage, the Modi government has hosted G20 events across the country's length and breadth.
Ahead of the G-20 Summit, Planning Commission Deputy Chairman Montek Singh Ahluwalia will lead a delegation to a preparatory meet on March 11 in London where deliberations on issues like liquidity crunch and reforms in international financial institutions are likely be taken up.
New Delhi is illuminated like a shaadi mandap awaiting the arrival of the G20 baraat this weekend.
It would be futile to believe G-20's promises to rein in monetary and fiscal policies
'China seems more intent on creating a new world order rather than shaping the existing one.' 'India is of course, at this moment in time, aligned with the West-led order because of China's full-spectrum aggressive behaviour towards India.'
United States President Joe Biden is all set to visit India and is 'very excited' about the important initiatives he will be championing at the G20 Summit in New Delhi, according to senior White House officials.
This week's Group of 20 meeting already has a packed agenda: maintaining demand, repairing the global financial system and increasing the International Monetary Fund's resources.
'China is India's primary strategic challenge, which will not go away.
We need to take special steps to provide resources to the developing countries.
Dr Singh told a galaxy of world leaders who attended the one-day summit on the global economic crisis that there was a need for a credible system of multilateral surveillance that can signal the emergence of imbalances.
During the two-day Summit in St Petersburg attended by the world's top leaders including US President Barack Obama and host Vladimir Putin, Singh declared that India has been affected by currency volatility in the past few weeks and was taking steps to finance the current account deficit in an environment that is seen to be friendly for stable foreign capital flows.
When S Jaishankar became India's external affairs minister in May 2019, he was largely considered a political lightweight despite his undisputed mastery over foreign policy.
Arvind Panagariya, sherpa for India at the summit, tweeted about the "interaction".
A multi-layer security arrangement involving five companies of paramilitary personnel, NSG commandoes and snipers have already been deployed around the Rashtrapati Bhawan. Drone cameras have also been put into service.
The host country has been pressing for a discussion at the 10th G20 Summit on the conflicts in Syria and the worst migrant crisis since World War II.
Developing countries' coalition G-20 on Tuesday upped the stakes by circulating proposals to arrive at "balanced solutions" on some of the most difficult and unresolved issues of the Doha agriculture mandate.
Commerce and Industry Minister Kamal Nath left for Geneva on Wednesday to attend a meeting of the G-20 alliance which will make renewed efforts to work out a global trade deal on the Doha Round of WTO negotiations.
The G20 in 2013 had unanimously agreed to a 15 point action plan to check BEPS
Prime Minister Narendra D Modi was rather selective about his famous hugs when he encountered his G20 guests at Bharat Mandapam on Saturday, September 9, 2023, morning.
Trudeau said that there was a commitment to work together with India to deal with some "very important issues".
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