'India is using Hasina to warn the Yunus government because there is a ground support for the Awami League in Bangladesh.'
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next. In its Global Macro Outlook 2025-26, the rating agency said the global economy has shown remarkable resilience in bouncing back from supply chain disruptions during the pandemic, an energy and food crisis after the Russia-Ukraine war began, high inflation and consequent monetary policy tightening.
Prime Minister Narendra Modi said the country is leaving no stone unturned in its efforts to host the Olympic Games in 2036.
The G-20 meeting of the Finance Ministers and central bank governors beginning July 19 will also be attended by RBI Governor D Subbarao and Deputy Governor Urjit Patel.
Shaktikanta Das will demit the office on Tuesday after completing six years as the 25th Governor of the Reserve Bank of India. Revenue Secretary Sanjay Malhotra will replace him as the 26th Governor. He was appointed as the Governor on December 12, 2018, after the abrupt exit of Urjit Patel.
The G-20's new-found importance should be used to challenge North Atlantic hegemony.
Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.
Modi, who came to Hangzhou from his first visit to Vietnam, met Xi and held talks on a host of issues including bilateral tensions between the two countries over a raft issues.
Decisions at a G20 meet are not added to the UN climate negotiations.
As a leader, he was ambitious, not for himself but for India and its people. His was not the short-term election cycle calculation of individual political gain. His was a practical vision of how to better the lives of his fellow citizens, asserts Ambassador Shivshankar Menon, who served as foreign secretary and national security advisor when Dr Singh was prime minister.
The G20 leaders resolved to facilitate swift and targeted exchanges of information between intelligence, law enforcement and judicial authorities on operational information-sharing, preventive measures and criminal justice response.
'This agreement will help the Indian workforce to move to non-traditional sectors of employment like teaching, nursing, and manufacturing.'
Doval is in Beijing for the 23rd round of the Special Representatives' talks being held after a gap of five years.
India said that "a range of issues" were discussed by the two leaders.
The two sides held discussions on enhancing investment in technology, renewable energy and food security.
Pointing out that global economy continues to vulnerable, the declaration issued at the end of the two-day G-20 summit in Los Cabos said, "this effort (to provide $450 billion to the IMF) shows the G-20 and the international community's commitment to take the steps needed to safeguard global financial stability and enhance the IMF's role in crisis prevention and resolution."
The upcoming G-20 Summit in London is the first major international exposure of Barack Obama as the US President, wherein he is likely to discuss with the leaders the ways and means to counter the global economic crisis.
Prime Minister Manmohan Singh on Saturday left for a eight-day tour of Mexico and Brazil to attend the G-20 and Rio+20 summits.
India and China have agreed to work towards a "roadmap" for rebuilding mutual trust following the border standoff in eastern Ladakh, according to a statement from the Indian Defence Ministry. Defence Minister Rajnath Singh met with his Chinese counterpart Dong Jun in Vientiane, Laos, on the sidelines of a regional security conclave. Singh called for drawing lessons from the "unfortunate border clashes" of 2020 and emphasized the need for cooperation rather than conflict. Both sides agreed to work towards a roadmap for rebuilding mutual trust and understanding, and a meeting of the Special Representatives and Secretary-Vice Minister mechanism will also take place soon.
Prime Minister Narendra Modi and Chinese President Xi Jinping will hold bilateral talks on Wednesday on the margins of the Brazil, Russia, India, China, South Africa (BRICS) summit in Russia, in their first structured meeting since the eastern Ladakh border row erupted in May 2020.
Modi held several bilateral and trilateral meetings with world leaders.
Addressing a G20 Summit session, Modi also presented his '5-I' vision to maximise digital technology for social benefit.
The meet will focus on the recent global economic developments, challenges and collective measures to address them
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
The Financial Intelligence Unit-India (FIU-India), the national agency responsible for analysing suspicious financial transactions, has received requests from four more offshore crypto exchanges to operate in India again, said a senior government official familiar with the matter. In the beginning of 2024, India had banned nine crypto exchanges - Binance, Kucoin, Huobi, Kraken, Gate.io, Bitstamp, MEXC Global, Bittrex, and Bitfenix - for non-compliance with anti-laundering law in the country.
Instead of targeting global imbalances per se, the narrative must change to the structure and direction of such asymmetries.
Among major economies, India in FY23 recorded the steepest increase in greenhouse gas (GHG) emission, climbing 6.1 per cent, with China trailing close behind at 5.2 per cent, according to the United Nations Environment Programme (UNEP) Emissions Gap Report 2024. In contrast, GHG emission decreased in both the European Union (EU) and the United States (US) by 7.5 per cent and 1.4 per cent, respectively. Despite India's rise, its 2023 GHG emission remains relatively low at 4,140 million metric tons of carbon dioxide equivalent (MtCOe) against China's 16,000 and the US's 5,970.
RBI Governor Raghuram Rajan will also participate in the meet.
Cameron also said Modi has a very clear plan about technology and the future of India and his third consecutive term in office demonstrates the ability to bring real change in a consistent way.
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.
Trump telephoned Modi to congratulate him on the historic electoral victory in the Lok Sabha polls, the White House said.
Chinese President Xi Jinping on Thursday congratulated President-elect Donald Trump on his election victory and called for China and the United States to find the right way to manage the differences by strengthening dialogue and communication.
No single individual, institution, or action is to blame for this. The BJP is responding in kind -- definitely not without checking with its government. And they wait for Mr Trump, notes Shekhar Gupta.
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.
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