The G-20 Summit, a group of developed and major developing countries, is meeting to discuss the global meltdown and ways to meet the challenge. During his expected visit, Singh will have bilateral meetings with some world leaders. This will include a meeting with Obama, their first since the new US President took over on January 20.
India should be satisfied with the outcome of the recently concluded G20 summit in Toronto since its argument against a quick withdrawal of stimulus measures by developed nations had, to an extent, been accepted, according to US economic experts.
Canada on Monday said the earliest possible departure of Prime Minister Justin Trudeau and his delegation from the national capital is Tuesday late afternoon and that the country's armed forces are continuing with their best efforts to bring them back home.
Top officials from the US department of labour, organisers of the event, said the innovative 100-day rural employment guarantee scheme has been successful beyond the expectations of almost every one.
'Are we to believe that coordinated moves by the Canadian and US authorities are no longer taking place?', asks Ambassador M K Bhadrakumar.
Modi said this is the time for peace and brotherhood, and time to move forward together.
On Tuesday, the current lot of G20 visitors toured three colonial landmarks in south Mumbai -- the BrihanMumbai Municipal Corporation's heritage building headquarters, the magnificent Gateway of India and the Taj Palace hotel.
Modi said New Delhi has emphasised on dialogue and diplomacy along with restraint to deal with the situation arising out of the Hamas-Israel conflict.
A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.
Prime Minister Narendra Modi on Thursday night left for Australia on the second leg of his three-nation tour during which he will attend the annual summit of the Group of 20 of the world's developed and emerging economies.
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.
Prime Minister Narendra Modi has said that India's economic growth is a 'natural by-product' of his nine-year-old government's political stability, as he expressed optimism that it will be a developed nation by 2047 with 'corruption, casteism and communalism' having no place in our national life.
The Pittsburgh summit could determine the timing of a calibrated winding down of public spending, now that the signs of a global economic recovery are evident.
'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'
In response the BRICS - Brazil, Russia, India, China and South Africa - have taken steps to strengthen cooperation such as setting up a joint development bank
To take action against non-cooperative jurisdictions, including tax havens.
China will take over from Germany the presidency of the Group of 20 and host the next meeting of the forum comprising most industrialised and main developing countries, including India.
The G-20 leaders at their last meeting at London had asked Lamy to explore ways to improve the political engagements for resolving differences on the much-delayed Doha Round of negotiations, which were meant to culminate into a multilateral trade liberalising agreement in 2005.
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.
Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion' into Tawang at the LAC in December 2022, helping India thwart China's expansionist designs, show how operationally effective the USA-India friendship has become on the ground. A engaging excerpt from Sreeram Chaulia's must-read new book, Friends: India's Closest Strategic Partners.
'While on the one hand, terrorism continues to be a serious threat to global peace and security, on the other hand, areas such as cyber, maritime and space, are emerging as new theatres of conflict'
'Disengagement is merely the first step in a lengthy process of arriving at a new normal along the LAC in Eastern Ladakh and the entire land boundary.' 'The Indian government should insist on the restoration of the status quo ante in Eastern Ladakh.'
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.
PM Modi went to New York this time not to engage in polemics, but to find solutions to global problems. He made some progress on several matters, even on reform of the UN Security Council, when the US made a major concession for the first time that six permanent members without veto, including India, could be considered
Before the Summit, US President Barack Obama did not favour the Chinese idea of a new global currency by pointing out that dollar is 'extraordinarily strong'.Obama had said, "The reason that the dollar is strong right now is because investors consider the US the strongest economy in the world, with the most stable political system in the world."
The United Nations considers requests from countries to change their names as and when the world body receives them, a top United Nations official has said, amid a row over President Droupadi Murmu's G20 dinner invites referring to her as 'President of Bharat' instead of 'President of India'.
Concerned over protectionist steps taken by some countries in the wake of economic crisis, India will press the world's developed countries at the upcoming G-20 Summit to desist from trade barriers and ensure that flow of funds for development do not suffer.
The agreement on sharing of financial information is a distinct and welcome break from its trend.
Global rating agency Moody's on Monday raised India's growth forecast for 2024 calendar year to 6.8 per cent, from 6.1 per cent estimated earlier, on the back of 'stronger-than-expected' economic data of 2023 and fading global economic headwinds. India's real GDP expanded 8.4 per cent year-over-year in the fourth quarter of calendar year 2023, resulting in a 7.7 per cent growth for full-year 2023. Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023, Moody's Investors Service said.
Prime Minister Manmohan Singh is among the top world leaders who have been invited for the Second G20 Summit to be held in London in April, which will discuss ways and means to reinvigorate growth in the wake of the global economic crisis.
India is an 'extraordinarily important' economy and an 'important partner' of Canada in a range of sectors including fighting climate change and creating economic growth, Canadian Prime Minister Justin Trudeau said on Sunday.
Prime Minister Narendra Modi is among 31 world leaders whose personal details were inadvertently compromised at the G20 summit held in Australia last year, a media report said on Monday.
'You know the kind of force involved in all of this. They are not good for the country where all of this will happen.'
His government's decision to host G-20 events across the country is an investment in capacity-building among people, cities and institutions, Prime Minister Narendra Modi has said, as he took a jibe at previous governments asserting they lacked confidence in people's abilities to hold mega events outside the capital, in smaller places.
Rediff.com brings for you some behind-the-scenes moments from the G-20 summit
'China is India's primary strategic challenge, which will not go away.
Prime Minister Narendra Modi on Thursday suggested the G20 trade ministers to work collectively to ensure equitable competition between large and small sellers as there are challenges in the fast growing cross-border e-commerce. In a video message at the G20 Trade and Investment Minister's meeting here, he also emphasised on the need to address the problems faced by consumers in fair price discovery and grievance handling mechanisms. "Digitising processes and use of e-commerce have the potential to enhance market access. "I am glad that your group is working on the 'High Level Principles for the Digitalization of Trade Documents'. These principles can help countries in implementing cross-border electronic trade measures, and reduce compliance burdens.
Prime Minister Narendra Modi on Wednesday asked his ministers to strongly refute opposition leaders on their controversial comments on Sanatan Dharma and expose them but told his ministerial colleagues to avoid the political row around the Bharat issue noting that it has been the country's ancient name, sources said.
Biden has been under attack from his opponents and the Republican Party for his immigration policies as hundreds and thousands of illegal immigrants enter the United States every month.
