Continue to work together against problems resulting from coronavirus: Gangwar to G-20 members
“The indicators relating to youth which have been identified for the first time at the G20 Forum will help us to assess the outcomes on the progress of youth in the labour market,” Gangwar said, adding India firmly believes that encouraging innovation, entrepreneurship and industry led skill development are the key drivers of youth development.
India suggests three-point proposal for global movement of citizens amid pandemic
The Indian Minister called on Governments around the world ...
PM Modi converses with Saudi King Salman Bin Abdulaziz Al Saud on G-20 priorities
The Prime Minister expressed his appreciation for the leade...
G20 Action Plan expression of collective commitment to fight COVID-19: FM Nirmala Sitharaman
Participating in the third Meeting of G20 Finance Ministers and Central Bank Governors via video conference, Sitharaman shared with G-20 India's success in using technology-based financial inclusion to make contactless transfers of USD 10 billion to 420 million bank accounts.
SCO Meet: S Jaishankar likely to meet Chinese counterpart Wang Yi in Moscow
External affairs minister S Jaishankar is likely to meet his Chinese counterpart Wang Yi in Moscow on Thursday during the SCO foreign ministers’ meet which begins on Wednesday.
Moody's raises growth forecast for China to 1.9%
“Our only upward revision for 2020 growth was for China, which we raised to 1.9% from 1.0% following a stronger-than-expected Q2 rebound in real GDP,” Moody’s said.
UN Chief Antonio Guterres calls out Indian govt to phase out use of coal
United Nation Secretary General Antonio Guterres calls on the government to stop investing in coal and to progressively phase out coal use. In a clear reference to the government’s efforts to augment domestic coal production, the UN chief expressed concern about decision to pursue coal auctions.
OECD forecast a deeper contraction of 10.2% for India in the current fiscal
“In contrast, the output declines in 2020 are projected to be even deeper than anticipated earlier in Argentina, India, Mexico and South Africa, reflecting the prolonged spread of the virus, high levels of poverty and informality, and stricter confinement measures for an extended period,” the report said.
Major economies shrink in an unprecedented manner between April and June amid pandemic
This organisation noted that is "significantly larger" than the 1.6% fall recorded in the first quarter of 2009 at the height of the financial crisis. Between April and June this year, the GDP most dramatically fell by 25.2 in India, by 20.4% in the UK and by 17.1% in Mexico. It plunged by 9.1% in the United States.
G-20 goods trade decline in second quarter steepest since 2009 crisis: OECD
“Covid-19 measures introduced in most countries sent G20 merchandise trade plummeting in the second quarter of 2020,” it said. Compared with the first quarter of 2020, exports fell by 17.7% and imports by 16.7%, the largest fall since the 2009 financial crisis.
View: Don't wait for an opportune moment, loosen the purse strings now
It is difficult to see merit in waiting till the infection rate subsides. The government will do better if it starts bolstering the economy through fiscal support now.
‘Digital platforms need to be accountable’: RS Prasad at G20 Digital Minister’s Meet
New Delhi, July 22 (ANI): While speaking at the G20 Digital Minister’s Meet in the national capital, the Electronics and Information Technol...
It is important that both India and China take action to ensure peace: Vincenzo de Luca, Italian Ambassador to India
The coronavirus has clearly shown that a solution to this global crisis needs to be assessed by the international community as a whole. Italy is working in close contact with the European partners and the international community in the search for a vaccine and in making available the data and information on the treatments, said Italian Ambassador.
Amid digital taxation row, Sitharaman says solution needs to be simple and inclusive
The minister was speaking at the 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting held at Riyadh (Saudi Arabia) through video conferencing.
UN Secretary General Antonio Guterres warns of the folly of coal but exit may not be easy
Delivering the 2020 Darbari Seth Memorial Lecture virtually, Guterres called on India to move away from coal, even as he acknowledged that poverty alleviation and universal energy access were India’s top priorities. Reiterating the idea that Covid-19 recovery efforts must focus on building back better.