g20 - indica News

Towards a Brighter Tomorrow: India’s G20 Presidency and the Dawn of a New Multilateralism

Spotlight, News November 29, 2023 indica

Today marks 365 days since India assumed the G20 Presidency. It is a moment to reflect, recommit, and rejuvenate the spirit of ‘Vasudhaiva Kutumbakam, ‘One Earth, One Family, One Future.’

As we undertook this responsibility last year, the global landscape grappled with multifaceted challenges: recovery from the Covid-19 pandemic, looming climate threats, financial instability, and debt distress in developing nations, all amid declining multilateralism. In the midst of conflicts and competition, development cooperation suffered, impeding progress.

Moody’s: India’s economy to outperform, G20 growth to moderate

News, Biz November 9, 2023 indica

Moody’s expects global G20 growth to moderate in 2024 to 2.1 per cent from 2.8 per cent in 2023 and accelerate in 2025 to 2.6 per cent, the firm said in its Global Macroeconomic Outlook 2024-25 report. Economic strength across emerging market countries varies considerably, with some like India, Brazil, Mexico and Indonesia outperforming expectations, while outlooks for Turkey and Argentina are highly uncertain, the report states. The report states that India’s sustained domestic demand growth is propelling the country’s economy.

Xi Jinping’s studied absence had next to no impact on G20’s success

Spotlight September 10, 2023 indica

The studied absence of China’s President Xi Jinping had next to no impact on the quality of G20’s success. If anything, it seemed to make India’s Prime Minister Narendra Modi’s navigation of its complex undercurrents much easier.

US affirms to host 2026 G20 Summit, says Delhi summit driving solutions to most pressing problems

News September 9, 2023 indica

The US has reaffirmed that it will host the 2026 G20 Summit here as it sees itself as a dominant partner to balance the equations for the developing world in a strife-torn geo-political world leading to a global economic crisis.

G20 Delhi Declaration: Leaders condemn terrorism in all its forms

News September 9, 2023 indica

“We condemn terrorism in all its forms and manifestations, including those on the basis of xenophobia, racism and other forms of intolerance, or in the name of religion or belief, recognizing the commitment of all religions to peace,” said the Delhi Declaration.

Analysis: Xi Jinping’s absence at G20 Summit in New Delhi is telling

News September 8, 2023 indica

Chinese President Xi Jinping will skip the two-day G20 Summit in New Delhi slated to kick off on Saturday. In his place, the Chinese delegation will be led by Premier Li Qiang, who heads the country’s cabinet and is second in government hierarchy in Beijing.

G20 firm on supporting Ukraine, says European Council President

News September 8, 2023 indica

President of the European Council, Charles Michel has reiterated that the European Union (EU) is firm on backing Ukraine in the current G20 Summit. Michel has said that the group is “united and firm” in “supporting Ukraine and sanctioning Russia.” He also said that the group feels a need to interest China to play a positive role at a global level.

President Joe Biden heads to India for G20 summit, says US wants to show commitment to forum

News September 7, 2023 indica

President Joe Biden on Thursday headed for the G20 Summit, which is scheduled to take place on September 9 and 10 in New Delhi, India. As the President boarded the flight for India, Biden, on his social media account X, said, “I’m headed to the G20 — the premier forum for international economic cooperation — focused on making progress on Americans’ priorities, delivering for developing nations, and showing our commitment to the G20 as a forum that can deliver.”

President Joe Biden tests Covid negative ‘again’, will travel to India for G20 Summit

News September 5, 2023 indica

President Joe Biden on Tuesday tested negative for COVID-19 again, the White House said. “An update on the President and the first lady Jill Biden since she tested positive for COVID-19 last night. I can tell you that the first lady is experiencing mild symptoms and will remain in Delaware for the week. President Biden tested negative last night for COVID-19 and tested negative again today,” White House Press Secretary Karine Jean-Pierre said in a briefing.

Political storm erupts over BJP govt using “President of Bharat” in G20 invitation

News September 5, 2023 indica

The BJP government came under fire over the “President of Bharat” printed on a G20 dinner invitation instead of the customary “President of India” on September 5, 2023. The invitation from President Droupadi Murmu heckled the opposition parties and the Congress claimed that the BJP is “scared” of the INDIA bloc and is diverting people’s attention from more relevant issues facing the nation like price rise and mushrooming joblessness.