India has an opportunity to integrate more deeply into the global supply chains as more foreign investment is being redirected to it amid tensions between the United States and China, Asian Development Bank (ADB) president Masatsugu Asakawa told ET in an interview. He lauded the government for rightly placing emphasis on infrastructure investments and economic … Read more
Bengaluru: The global economic outlook has improved in recent months, but uncertainties still remain, RBI Governor Shaktikanta Das said on Friday as he called upon G20 nations to resolutely address the challenges, including debt distress and threats to financial stability, confronting world economies. Addressing the inaugural session of the meeting of G20 finance ministers and … Read more
Finance Minister Nirmala Sitharaman on Friday highlighted rising debt vulnerabilities in many developing countries and sought views from G20 member nations on ‘multilateral coordination’ for managing the burden. Speaking at inaugural session of the G20 finance ministers and central bank governors (FMCBG) meeting, Sitharaman also sought views on how multilateral development banks, like the IMF … Read more
“Climate proofing of our infrastructure has also been a priority,” the governor said. (file) Kochi, Kerala: Reserve Bank of India Governor Shaktikanta has said that India is the “highest ranked G20 country according to the Climate Change Performance Index 2023” and also the “5th best performing country globally”. During the 17th KP Hormis Memorial Lecture, … Read more
G20 Health Working Group meet: Union Minister of State for Health and Family Welfare Bharati Pravin Pawar on Thursday said India aims to strive for equitable access to healthcare for all. Speaking after inaugurating a session on Medical Value Travel on the sidelines of the ongoing First Health Working Group meeting under G20, Pawar said … Read more
The previous 17 G20 presidencies have delivered significant results, ensuring macroeconomic stability, streamlining international taxation and easing the debt burden on countries, among many other achievements. We will benefit from these results and build further on them. However, as India takes on this important role, I wonder: can the G20 go even further? Can we … Read more
It was a historic moment when India assumed the presidency of the high-profile G-20 on December 1, even as the world struggles to emerge from the combined shocks of the Covid-19 pandemic, geopolitical conflicts, supply chain disruptions, accelerated climate disorders and socio-economic uncertainties from galloping inflation and interest rates. G20 presidency gives India opportunity to … Read more