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.
In Phase 6, indications are that the BJP, which is defending 40 seats, will lose in double digits and gain in single digits. Not good, if you are the ruling party scrambling to earn a working majority, with just one phase left to go, argues Prem Panicker.
"The two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.
Britain's Prime Minister Rishi Sunak on Sunday visited the Akshardham temple here with his wife Akshata Murty and said it is not only a place of worship but also a landmark that portrays India's values.
The Aam Aadmi Party on Thursday accused Delhi Lieutenant Governor (LG) V K Saxena and the Bharatiya Janata Party of disrespecting the 'Shivling' by installing fountains shaped like it in the capital ahead of the G20 summit.
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
Italian Prime Minister Giorgia Meloni is the only woman among the leaders of the G20 and the 46 year old's presence in New Delhi was much followed by photographers covering the summit.
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.
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.
Users jocularly wondered if the name of institutions such as the Indian Space Research Organisation, the Reserve Bank of India and the Board of Control for Cricket in India will be changed.
To take action against non-cooperative jurisdictions, including tax havens.
NDRF director general Atul Karwal told PTI that the teams are undertaking continuous familiarisation exercises and conducting simulation drills in the temple town to respond to any contingency.
The agreement on sharing of financial information is a distinct and welcome break from its trend.
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.
US officials say that outreach and public statements from Modi and others helped avert a crisis.
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.
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."
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 2024 election results will lead to much intense targeting of Modi, more intense debates, many more breakdowns in Parliament and many more movements on the streets.' 'The results have hit Modi's standing, and the politics of the Opposition parties will be sharply focused to ensure that Modi doesn't get back his charisma of being 'invincible' with help of State power.' Sheela Bhatt looks at the political situation through the prism of 2024 Lok Sabha election results.
The incident remains a reminder of the inherent fragilities of all geopolitical relationships.
The apex court's summary dismissal of the PIL becomes relevant in view of a massive nation-wide debate which got triggered following the G20 dinner invitation from President Droupadi Murmu describing her position as 'President of Bharat'.
There is an atmosphere of festivity and enthusiasm, and the country has been filled with renewed self-confidence, he said, asking parliamentarians to give maximum time to the short session.
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.
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.
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.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
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.
They also clarified that both the names Bharat and India, mentioned in Article 1 of the Constitution as "India, that is Bharat...", are part of the country's history and both names are "completely legitimate".
Rediff.com brings for you some behind-the-scenes moments from the G-20 summit
Crypto assets should not be granted official currency or legal tender status, the much-awaited synthesis paper by the International Monetary Fund (IMF) and Financial Stability Board (FSB) has said ahead of the G20 leadership summit under India's presidency. However, the report has argued against a blanket ban on activities linked to crypto assets, explaining that such a move can be costly as well as technically demanding to enforce. Central banks should avoid holding crypto assets in their official reserve as they pose a risk to monetary and global financial stability, according to the synthesis paper.
Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.
India and the US have settled the last trade dispute at the World Trade Organization (WTO) over poultry products, according to a joint statement released on Friday. With this, the two countries have mutually resolved all the seven pending trade disputes at the WTO. "The leaders lauded the settlement of the seventh and last outstanding WTO dispute between India and the United States.
"The responsibilities of member states must be assumed by member states and let's not make the UN the scapegoat of the failures or of the negative actions that are committed by member states," he said.
Former Central Bureau of Investigation joint director Amit Kumar, who is now posted as Chhattisgarh police ADG, led the probe into the coal scam that resulted in convictions in a number of cases.
Herzog further claimed that Iran is supporting the "terror machine" by providing billions of dollars aiming to undermine the regional situation.
Had it not been for the slow but sure emergence of China as a threat to the western order, would India have been accepted as a near-equal partner by individual western nations, jointly and severally, questions N Sathiya Moorthy.
The discussions took place on the sidelines of the G20 Foreign Ministers' Meeting.
The Delhi Police has arrested a 30-year-old man and detained one more in connection with writing pro-Khalistan messages on the walls of four Delhi Metro stations ahead of the G20 Summit, officials said.
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