The BRICS nations on Friday underlined the need for using local currencies in international trade and financial transactions besides committing themselves to supporting rule-based open and transparent global trade. A joint statement issued at the end of the meeting of the BRICS Ministers of Foreign Affairs and International Relations, also pressed for a robust Global Financial Safety Net with a quota-based and adequately resourced International Monetary Fund (IMF) at its centre. It further said the process of IMF governance reform under the 16th General Review of Quotas, including a new quota formula as a guide, should be completed by December 15, 2023.
Foreign Secretary Vinay Kwatra on Wednesday refused to speculate on whether the G20 foreign ministers' meeting would be able to come out with a joint communique against the backdrop of widening differences between the West and Russia on the Ukraine conflict.
India is well positioned to lead the global transitions of digital and artificial intelligence, energy, value supply chains, and the country's growth journey will shape the world's future, B20 India chair N Chandrasekaran said on Friday. In his address to the B20 Summit India 2023, Chandrasekaran, who is also the chairman of Tata Sons, asserted that India stands as a beacon of growth and positively stands out in the global economy, which is facing strong headwinds, tightest rate cycle in decades and record levels of public debt. "The world is currently navigating through three important fundamental transitions.
The New Delhi G20 Declaration refers only to the "war in Ukraine" and noted with "deep concern the immense human suffering and the adverse impact of wars and conflicts around the world."
Will G20 showcase an India that is inclusive, culturally rich, diverse and tolerant, asks Ramesh Menon.
United Nations Secretary General Ban Ki-moon will meet India's top leadership and Nobel Peace Laureate Kailash Satyarthi when he visits the country later this week, his spokesperson said on Wednesday.
Prime Minister Narendra Modi has left from Delhi for Brazil to attend the five-nation Brazil, Russia, India, China and South Africa (BRICS) summit slated to be held for two days, starting Monday. Here is his statement ahead of the meet.
Jaishankar described the October 7 strikes on Israeli cities by Hamas as "terrorism" but at the same time asserted India's long-standing support for a negotiated two-state solution to the Palestine issue.
India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024.
Modi said a separate rating agency would help the economies of the member countries as well as other developing nations.
Modi emphasised the need to return to a path of dialogue and diplomacy in dealing with the Ukraine crisis.
Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.
Modi to push for low transaction cost for remittances at G20
The couple reflected upon their "extra special" Diwali one year on, with Sunak looking back at the "incredible moment" he visited India to meet Prime Minister Narendra Modi for the G20 Summit in New Delhi as the first British Indian Prime Minister.
They welcomed the guests before the start of the dinner from the reception dais, with its backdrop showcasing the ruins of the Nalanda University in Bihar besides India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'.
On Pakistan, the publication quoted him as saying that India wants "normal and neighborly relations."
Prime Minister Narendra Modi on Tuesday underlined the need for not promoting any restrictions on the supply of energy and called for ensuring stability while once again emphasising on resolving the Ukraine conflict through diplomacy.
Chinese foreign ministry spokesperson Mao Ning said China believes that state-to-state interactions should be in line with the trend of the time which is peace and development rather than exclusivity.
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.
"We are now living in an era when non-state military actors are a major factor," Narendra Modi said in a veiled reference to threats posed to India from Pakistan
Asserting that India's dedication to climate commitments is evident from its performance, Prime Minister Narendra Modi on Monday hoped that rich countries of G-7 will support India's efforts in combating climate change and invited them to tap the huge market for clean energy technologies emerging in the country. In his remarks at the session on 'Investing in a better Future: Climate, Energy, Health' at G7 Summit, Modi highlighted India's track record and said it has achieved the target of 40 per cent energy-capacity from non-fossil sources nine years before time. "The target of 10 per cent ethanol-blending in petrol has been achieved 5 months before time.
United Nations leaders and agencies have welcomed the entry of a humanitarian aid convoy into Gaza via the Rafah border crossing with Egypt but noted that it is only a small beginning, still far from enough and reiterated their appeal for an immediate ceasefire.
On a mission to cool soaring bilateral tensions, United States Secretary of State Antony Blinken on Sunday held extensive talks with his Chinese counterpart Qin Gang on a range of issues, including the Taiwan issue and the Ukraine war.
Prime Minister Narendra Modi on Friday launched the national vehicle scrappage policy, saying it will help phase out unfit and polluting vehicles and also promote a circular economy. The policy will give a new identity to India's mobility and auto sector, Modi said in a video address to the Investor Summit held to invite investment for setting up vehicle scrapping infrastructure under the Voluntary Vehicle-Fleet Modernization Programme.
India and the US agreed to continue their cooperation in the areas of defence, space and clean energy as External Affairs Minister S Jaishankar met Secretary of State Antony Blinken here, amid a simmering diplomatic row between India and Canada over the killing of a Khalistani separatist.
India pledged an assistance of USD 30 million (Rs 199 crore) for the initiative that brings together developed and developing countries.
A release issued by the MEA said the meeting was attended by the heads of delegations of Fiji, Republic of Kiribati, Republic of Marshall Islands, Federated States of Micronesia, Republic of Nauru, Republic of Palau, Independent State of Papua New Guinea, The Independent State of Samoa, Solomon Islands, Kingdom of Tonga, Tuvalu and Republic of Vanuatu.
Kamath also said that the new bank, set up by India and four other members of the BRICS grouping, will strive to approve its first loan before end of the current fiscal.
External Affairs Minister S Jaishankar on Friday said that the Canadian allegations with regard to the death of a Khalistani separatist was discussed during his meeting with the Secretary of State Tony Blinken a day earlier and noted that the two delegations came out better informed after the meeting.
Prime Minister Manmohan Singh and United States President Barack Obama will meet in Washington on Thursday to chart a course for "future cooperation" in areas such as civil nuclear technology, trade, investment, defence and counter-terrorism, amid perceptions that bilateral strategic ties have plateaued.
Opportunity for India to take leadership in economic diplomacy.
BRICS countries, including India, on Thursday voiced concern over the "fragile recovery" of global growth and the potential spillover effects from the "unconventional monetary policies" of the developed countries.
Addressing a G20 Summit session, Modi also presented his '5-I' vision to maximise digital technology for social benefit.
India said on Thursday that it desired normal relations with all its neighbours, including Pakistan, and advised Islamabad to create a conducive atmosphere, including by taking "credible, verifiable and irreversible actions" to stop cross border terrorism against it and enable the two countries to engage and address issues bilaterally.
Invoking Mahatma Gandhi in his address at the United Nations General Assembly, Prime Minister Narendra Modi on Friday said that 'one must care about the world one will not see', adding that the top-most priority must be the eradication of poverty from the world.
Prime Minister Narendra Modi on Monday said the Centre along with states is making efforts to control lumpy skin disease in cattle.
Rediff.com's Vipin Vijayan, who is travelling with Prime Minister Manmohan Singh, says India will make efforts to elevate relations with Thailand to a strategic partnership.
'The world needs India because it needs a voice that speaks of peace, non-violence and peaceful coexistence.' 'This vision and voice, this attitude and belief are what India has stood for over the last twenty millennia,' Vice President Venkaiah Naidu tells trainee diplomats.
India believes no country would emerge victorious in the Russia-Ukraine war as all will suffer losses and there will be a "more serious" impact on developing and poor countries, Prime Minister Narendra Modi said on Monday after holding talks with German Chancellor Olaf Scholz as both leaders reiterated the need for an immediate cessation of hostilities.
He said India would continue to actively pursue and promote its geo-political, strategic and economic interests on the seas, in particular the Indian Ocean.
