The G-20 leaders at the ongoing summit in Mexico should refrain from coming out with 'one-size-fits-all' kind of a remedy for the global economy which is facing difficult times, Assocham President Rajkumar Dhoot said on Tuesday.
India on Tuesday told the UN General Assembly that the days when a few nations set the agenda and expected others to fall in line are over, underlining that its presidency of the G20 sought to focus on key concerns of the many, not just the narrow interests of a few.
Pakistani-American businessman Sajid Tarar said like India, Pakistan also needs strong leadership to handle political instability and economic issues.
Modi emphasised that it was necessary to work together for sustained global economic recovery.
Prime Minister Narendra Modi and US President Joe Biden are set to hold bilateral talks on Friday evening with a focus on further solidifying the India-US comprehensive global and strategic partnership.
'You can see both being used in our textbooks already and that will continue in new textbooks'
Prime Minister Manmohan Singh heads for Cannes in France on Wednesday to attend a crucial summit of the world's 20 leading economies(G20) during which India is expected to make a call to resist trade protectionism when the global economic growth is facing a slowdown.
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.
India's finance minister has emphasised that "it is the real economy that is going to matter.
Britain spied on foreign politicians and officials participating in two G20 meetings in London in 2009 by using "ground-breaking" intelligence capabilities to get an edge during the high-stakes financial talks, a media report said on Monday.
Modi said this is the time for peace and brotherhood, and time to move forward together.
Thousands of security personnel and high-tech surveillance systems dotted every nook and corner of this Turkish resort town as leaders of the world's 20 top economies congregated here for the two-day G20 Summit.
The BJP-led National Democratic Alliance's (NDA) slim majority in Lok Sabha may delay more far-reaching economic and fiscal reforms that could impede progress on fiscal consolidation, Moody's Ratings said on Wednesday. NDA securing a majority in the general elections will give a historic third term for Narendra Modi as Prime Minister of India. "We expect policy continuity, especially with regards to budgetary emphasis on infrastructure spending and boosting domestic manufacturing, to support robust economic growth.
Echoing Prime Minister Narendra Modi's views that improving the health of financial markets alone cannot fuel growth, G20 business leaders on Friday said vigorous efforts should be made to go beyond fiscal and monetary policy to kickstart world economy and create jobs.
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.
Capital flows into India this fiscal year have been the highest in the country's history.
China became the 56th signatory to the agreement by signing the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. With this all the G20 nations, including India, have become official partners to combat the menace of tax crimes and evasion across international borders.
India has undertaken a number of structural reforms.
The two-day G20 Summit saw the Indian side making "significant contributions" on resolve to counter terrorism and boost global trade and investment.
The G-20 alliance of developing countries led by India and Brazil is likely to come up with "better" proposals at its meeting in Geneva this week as chances of a global trade deal on WTO's Doha Round brighten. Nath said members of the G-20 wanted to recognise some of the sensitivities of developed countries as long as their own concerns of livelihood and food security are taken on board.
Citing various macroeconomic parameters that are doing pretty well, India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022.
Taking on board India's concerns, the G-20 Summit on Friday acknowledged that excess volatility of financial flows and disorderly movements in exchange rates can affect economic and financial stability of emerging markets and called for sound policies to address it.
The Group of 20 countries, or G20, would play a steering role in the post-crisis world, giving the global economy a definitive character and preventing a retreat from globalisation, said Pulitzer Prize-winning author and investment manager Liaquat Ahamed.
Prime Minister Narendra Modi said some countries still use terrorism as "an instrument of state policy" and the world must act against radicalisation without any political consideration
Describing India as a "part of the solution", US President Barack Obama on Monday said the burning issue of international trade imbalance will be discussed by global leaders at the G-20 meeting in Seoul next week.
The alpona (artwork) on the steep, winding road leading to Makaibari bears testimony to the visit of G20 delegates for the second tourism working group meeting in April last year. The lush tea bushes, the delegates joining in for the moonlight plucking of Silver Tips Imperial first flush, a favourite of late Queen Elizabeth II, cut a picture of mystical magic. But it's not the Kurseong tea garden's only shining moment - the last few years have been busy for the estate and its bungalow.
Acknowledging that effective taxation of mobile income is a key challenge, G20 leaders including Prime Minister Manmohan Singh on Friday vowed to take steps to change rules to tackle tax avoidance, harmful practices and aggressive tax planning.
Prime Minister Manmohan Singh said, "I do not claim victory. These are ideas which are under discussion in various fora. The sherpas have been discussing these ideas and it is a process of give and take. But I do claim some credit that in my speech, I brought the development issue into the very forefront of sustainable, manageable growth process."
Paris attacks took the centre stage at the G20 Summit on Sunday with Prime Minister Narendra Modi calling for a united global effort to combat terrorism as world leaders joined a clarion call to eliminate ISIS network.
The BJP's top leadership will drop its MPs found to be facing anti-incumbency, according to its internal surveys -- a pivotal tactic to ensure the party achieves its target of winning 370 seats.
US President Barack Obama would meet Prime Minister Manmohan Singh on the sidelines of the G-20 Summit in Toronto, a top Indian official said Wednesday. "The Prime Minister would be traveling for the G-20, he will be meeting President Obama," Union Minister of Commerce and Industry Anand Sharma told Indian media-persons in Washington.
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.
India on Saturday favoured greater mobility of skilled labour
Modi regretted that the international response to terrorism was weak and said more cooperation was needed to fight the menace.
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'.
Canada has decided to rope in its content solution company, OpenText, to do a 'Facebook' on the negotiators.
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.
Highlighting the need to arrive at a "balanced package" at the forthcoming Hong Kong Ministerial, the group of 20 leading economies of the world on Friday
PM Modi to travel to Vietnam before going to China to attend G20 summit.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances