Fulfil pre-2020 emission pledge: India urges nations
“The pre-2020 implementation gaps should not present an additional burden to developing countries in the post-2020 period,” the Indian government said in an official statement. India said if the developed countries fail to meet their Cancun pledges to reduce emissions by 2020, it would put additional pressure on the developing countries.
US urges Pakistanis to pose tough questions to China on CPEC
The China Pakistan Economic Corridor (CPEC) is a planned network of roads, railw...
Moody's cuts global outlook to 'negative' for 2020
Unpredictable politics and trade wars such as that between the United States and China wou...
Market Movers: What changed for D-Street while you were sleeping
A number of companies scheduled to announce their quarterly numbers will also see stock-specific actions.
IMF wants Indian government to be more credible, transparent on fiscal numbers
India should be more transparent on fiscal numbers as it is a laggard among G20 peers on this front, said IMF.
Cabinet nod for signing revised DTAC with Brazil
The existing DTAC between India and Brazil, being very old, was required to be amended to bring it in line with international developments and also to implement the recommendations contained in the G-20-OECD Base Erosion and Profit Shifting Project (BEPS). The revised DTAC will facilitate elimination of double taxation and provide tax certainty to investors.
Leaders may show way ahead for RCEP
PM Narendra Modi, who is visiting Thailand from November 2-4, will participate in various ASEAN related Summits including the ASEAN-India Summit, East Asia Summit and a meeting on RCEP negotiations. A joint statement is expected to be released after the leaders’ scheduled summit on Monday. India has said it wants a “win-win outcome” from the pact.
After talks, RCEP now a political call
PM Modi is expected to take the political call on India joining RCEP on November 4.
Global economic outlook strongly dependent on path chartered by nations like India: PM Modi
Modi said his government's reforms for ease of doing business and introducing investor-friendly initiatives have contributed to improving India's position in the World Bank's Ease of Doing Business Index from 142 in 2014 to 63 in 2019.
India and Saudi Arabia have similar security concerns in neighbourhood: Modi
India and Saudi Arabia have similar security concerns in their neighbourhood and that Indo-Saudi counter-terror cooperation is progressing very well. PM Modi stressed upon continued cooperation on counterterrorism, security and strategic issues.
German Chancellor Angela Merkel on three-day visit to India from October 31
Official sources said Merkel and Prime Minister Narendra Modi, in their wide-ranging talks, will particularly focus on giving a new momentum to the bilateral ties by significantly scaling up cooperation in several sectors.
G20 must ensure collective action to accelerate global growth: Nirmala Sitharaman
Finance Minister gave a clarion call for concerted action in the face of global slowdown and highlighted that emerging market economies in particular face the challenge of achieving economic growth and inclusive development.
Trade wars to impact flow of capital, goods and services: Sitharaman
Finance Minister Nirmala Sitharaman said because of increased geopolitical uncertainties and high accumulated debt levels, the trade war will ultimately impact the flow of capital, goods, and services.
IMF urges largest economies to be prepared to engage in coordinated policy action
Most countries around the world do have positive costs associated with financing their public debts. And as a matter of fact, most countries around the world have rising public debt to GDP and debt service ratios, said Vitor Gaspar of IMF.
'Dance of dragon, elephant' only correct choice for India, China: Xi Jinping
The two leaders also discussed major international and regional issues of common interest in a friendly and relaxed atmosphere, it said.
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