In a bid to break the deadlock on multilateral trade issues after the collapse of WTO's Cancun Ministerial, G-20 developing countries on agriculture will hold a meeting with EU Trade Commissioner Pascal Lamy on December 12.
From India's neighbourhood and extended neighbourhood, presidents of Sri Lanka, the Maldives, Iran, Seychelles and prime ministers of Nepal, Bangladesh, Bhutan, Myanmar, Mauritius have sent congratulatory greetings to Modi.
It also warned of its readiness to use its "existing counter measures" if they fail to enforce transparency measures.
India no longer needs big ticket reforms but small and basic ones to drive the growth forward, Chief Economic Advisor V Anantha Nageswaran said on Monday. Addressing the media after the Economic Survey 2023-24 presented in Parliament, Nageswaran said there is a need to pursue all possible approaches without any ideological orientation. "In terms of the kind of reforms that we need to do, it is no longer big-ticket reforms that dominate your front pages but more about grunt works.
In retrospect, it appeared that the bitterness of the war was still strong and the Ukrainian success in occupying Russian territory just a few days ago had added to the complexity of the situation. The positive US response to the visit, however, remains a silver lining in the dark clouds, notes Ambassador T P Sreenivasan.
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.
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.
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'.
The unease in India-Canada ties was on display when Prime Minister Narendra Modi on Monday responded to a congratulatory message from his Canadian counterpart Justin Trudeau and said New Delhi looks forward to working with Ottawa based on mutual understanding and respect for 'each other's concerns'.
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.
Group still far from coordinating monetary/forex policy
Ukrainian President Volodymyr Zelenskyy told the United Nations Security Council that 'we have to prepare' the second peace summit to end the Russia-Ukraine war 'altogether' and he has invited India and other countries to join the peace process.
'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.
Globally, industries need to sit together and look at the demand for professionals that is expected to emerge from different countries.
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.
India and Canada have mutually beneficial political and economic linkages. The two countries should get together and find a solution. The expulsion war should, in the meantime, be a guarantee against any deterioration of the situation, asserts Ambassador T P Sreenivasan, the first Indian head of mission to be ever expelled by any country.
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.
Sanjeev Chowdhury, director general, department of foreign affairs in Canada, headed the team that organised the G8 and G20 summits in Huntsville and Toronto respectively from June 25 to 27. When he joined Canada's foreign service 15 years ago and became a part of the team that organised the G7 summit -- as it was then called -- in Halifax, he never imagined that he would one day be responsible for organising these major events. He spoke to rediff.com's Ajit Jain.
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.
Nationalist Congress Party president Sharad Pawar on Tuesday said no one has the right to change the country's name, after the Congress claimed that a G20 dinner invite refers to the President as 'President of Bharat'.
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 India's stock rises, the resolution of the border row may become even more difficult, warn Harsh V Pant and Kalpit Mankikar.
The prime minister will be assisted by Planning Commission Deputy Chairman Montek Singh Ahluwalia, India's Sherpa to the G20 process.
The total cost of hosting the crucial G20 summit in London's Docklands on April 2, at which global recession will be the main topic, may be about pound 50 million, including pound 10 million for security.
General Singh was assigned to receive leaders representing the planet's two superpowers -- the president of the United States and the premier of the People's Republic of China.
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.
'...to bring the Global South and others to the negotiating table on the basis of Gandhi's non-violence so that we can leave a safer world for our children.'
The Ukraine conflict and Chinese activities in the Indo-Pacific region figured in last week's talks between Prime Minister Narendra Modi and French President Emmanuel Macron, and both sides have similar views over the two issues, sources said on Monday.
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.
Two days ago, the Chinese foreign ministry following a meeting between NSA Ajit Doval and top Chinese diplomat Wang Yi in Johannesburg claimed that Xi and Modi had reached an 'important consensus' on stabilising bilateral ties at the interaction on the margins of the G20 Summit last November.
In Geneva, Bagchi would succeed Indra Mani Pandey who is set to return to New Delhi.
Biden told reporters in Hanoi in the Vietnamese capital that he also raised the importance of respecting human rights with Prime Minister Modi.
China has signalled that it will prevent India from assuming leadership of the Global South, observes Ambassador T P Sreenivasan.
Hina Khan attended the G20 conference in Srinagar as a representative of the entertainment industry.
'Are we to believe that coordinated moves by the Canadian and US authorities are no longer taking place?', asks Ambassador M K Bhadrakumar.
'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'
Sukhu met Modi and discussed various issues related to Himachal Pradesh during the G20 dinner hosted by President Droupadi Murmu on Saturday.
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.