City Delhi Financial News

G20 Summit entered its final day on Sunday, Prime Minister Narendra Modi will hold various meetings with eight global leaders including French President Emmanuel Macron, Canadian PM Justin Trudeau, Comoros, Turkey, UAE, South Korea, etc. “PM Modi to hold a working lunch meeting with French President Emmanuel Macron today. The PM will hold a pull-aside meeting with Canadian PM Justin Trudeau and will later do bilateral meetings with Comoros, Turkey, UAE, South Korea, EU/EC, Brazil, and Nigeria," sources told ANI.

G20 Summit, which saw member nations soften their condemnation of Russia for its war in Ukraine. Unlike the 2022 Bali Declaration, the joint declaration in Delhi did not directly name and condemn Russia for its war in Ukraine. This approach has come in from criticism from some quarters.

G20 Summit in India, US President Joe Biden on Sunday departed for Vietnam to expand ties between the two nations. Biden will meet Vietnamese General Secretary Nguyen Phu Trọng and other key leaders to discuss ways to further deepen cooperation between the two nations.

da Silva, representing the G20 presidencies of last year and the next year. The ceremony took place at the beginning of the third session ‘One Future’ of the G20 Summit. First Widodo handed over the sapling to Modi and then Lula da Silva presented the sapling to the prime minister, amidst applause from other leaders.

Lula da Silva said on Saturday that Russian leader Vladimir Putin would not be arrested in Brazil if he attends the Group of 20 meeting in Rio de Janeiro next year. Interviewed on the sidelines of the G20 meeting in Delhi by news show Firstpost, Lula said Putin would be invited to next year's event, adding that he himself planned to attend a BRICS bloc of developing nations meeting due in Russia before the Rio meeting. «I believe that Putin can go easily to Brazil,» Lula said. «What I can say to you is that if I'm president of Brazil, and he comes to Brazil, there's no way he will be arrested.» The International Criminal Court issued an arrest warrant against Putin in March, accusing him of the war crime of illegally deporting hundreds of children from Ukraine.

Akshata Murty, the daughter of Infosys founder Narayan Murthy and the wife of UK Prime Minister Rishi Sunak, is currently in Delhi for the G20 Summit. Her fashion selections during the summit have been more than just personal style; they've carried political undertones. On the first day of her visit, Murty opted for a combination of a pleated, crisp white shirt and a traditional floral Indian skirt.

Congress leader Shashi Tharoor on Sunday hailed India's G20 Sherpa Amitabh Kant for the 'Delhi Declaration' consensus, and said it was a «proud moment for India at G20». Tagging Kant's remarks in an interview on how the consensus was achieved on the paragraphs on Russia-Ukraine, Tharoor said in a post on X, «Well done @amitabhk87!Looks like the IFS lost an ace diplomat when you opted for the IAS!» "'Negotiated with Russia, China, only last night got final draft,' says India's G20 Sherpa on 'Delhi Declaration' consensus.

Joe Biden on Saturday said that this year's G20 summit has proved that the group can still drive solutions to the most pressing issues of the climate crisis, fragility, and conflict. Taking to X, US President said, «At a moment when the global economy is suffering from the overlapping shocks of the climate crisis, fragility, and conflict, this year's Summit proved that the G20 can still drive solutions to our most pressing issues.»India is hosting the G20 Summit this year in New Delhi on September 9-10. On September 9, the Delhi Declaration was adopted. It called on nations to uphold international law, including territorial integrity, international humanitarian law and the multilateral system that safeguards peace and stability. The declaration envisages a green development pact for a sustainable future, it endorses high level principles on lifestyle for sustainable development, voluntary principles of hydrogen, the Chennai principles for a sustainable resilient blue economy and the Deccan principles on food security and nutrition among others

US President Joe Biden at Delhi's Raj Ghat during the latter's visit to pay homage to the father of the nation, Mahatma Gandhi, in the national capital on Sunday. As President Biden arrived at Raj Ghat, PM Modi welcomed him and presented a gift of khadi. French President Emmanuel Macron and Indonesian President Joko Widodo both visited Delhi's Rajghat to pay their respects to Mahatma Gandhi and lay wreaths.CATCH ALL LIVE UPDATES OF G20 SUMMIT HERE

G20 summit being held under India’s presidency in New Delhi, the G20 summit now heads to day 2 of the world leader’s conclave. Day 2 of the G20 summit started with the leaders visiting Delhi’s Raj Ghat to lay wreaths at the Samadhi of the father of the nation Mahatma Gandhi. A musical tribute featuring favourite hymns of Mahatma Gandhi was also played at the wreath laying function.CATCH ALL LIVE UPDATES OF G20 SUMMIT HERE The leaders will head for the Bharat Mandapam where a Tree planting ceremony will take place at the South Plaza. This will be followed by the the third session of the G20 summit 'One Future' which will be held at Bharat Mandapam. A G20 exhibition for spouses of World leaders is also scheduled for the 2nd day of the summit.

IGI Airport, Vasant Vihar, R K Puram, Defence Colony, Lajpat Nagar, Vasant Kunj, Hauzkhas, Malviyanagar, Kalkaji, Mahrauli, Tughlakabad, Chhattarpur, IGNOU, Ayanagar, and Deramandi. Similar weather is expected in NCR’s Noida, Greater Noida, Gurugram, Faridabad, Manesar, Ballabhgarh and Haryana’s Kharkhoda, Jhajjar, Sohana, Palwal, Nuh, Aurangabad, Hodal.

Narendra Modi on 10 September along with G20 leaders and other heads of international organisations paid homage to Mahatma Gandhi at Rajghat. United Kingdom Prime Minister Rishi Sunak, Canadian Prime Minister Justin Trudeau, President of the Union of Comoros and Chairperson of the African Union (AU), Azali Assoumani, Nigerian President Bola Ahmed Tinubu, Spain’s Vice-President Nadia Calvino, Minister of Economy of United Mexican States, Raquel Buenrostro Sánchez paid homage to Mahatma Gandhi and also lay a wreath. PM Modi welcomed the leaders with a Khadi shawl with a cut out of Gandhi Ashram in the backdrop.

G20 summit. Our efforts are a testament to the collective spirit of unity and progress." Meanwhile, Union Finance Minister Nirmala Sitharaman interacted with the first Deputy Managing Director of the IMF, Gita Gopinath during Ratri Bhoj par Samvad at Bharat Mandapam in the national capital.

Puneet Chhatwal, MD & CEO, IHCL, says “the lasting impact of the G20 and the B20 that happened recently is far higher than just a few days of completely sold-out rooms. Of course, it helps, because that makes September a very extraordinary month, so that definitely is a positive tailwind for all of us and the good thing. Chhatwal further says: “But if we take a step back and do not look at only these one-off events, what we are witnessing in the last 16-18 months is that demand is outpacing supply. Supply is going to remain constrained. So, if the demand continues to outpace supply, the occupancy levels will be higher along with out ability to charge, which means the average rates will keep increasing.”Let us talk about the iconic hospitality that Taj is extending to thousands of dignitaries who have come to India to attend the G20 summit. What is your preparation? How excited are you and what is the hard work behind the scenes? This G20 presidency started almost a year ago and Taj has been at the forefront. The first few meetings of the Sherpa of G20, the kick off itself started at the Taj in Havelock in Andamans. The second one was on the terrace of Lake Palace in Udaipur, followed by Taj Mahal Palace in Mumbai, in The Chambers Lawns and that has been going on, whether it is Kumarakom or very recently almost 10 days ago we had the B20 meeting of the ministers at the Taj Rambagh Palace, followed by the two-day meeting at the Taj Palace in Delhi.

G20 summit being held in New Delhi. According to a statement on Sunday, the institute will seek to address some of the most consequential economic, environmental, and technological challenges that have the potential to affect the security, prosperity, and stability of both countries.

Rishi Sunak, Prime Minister of the United Kingdom (UK), offered prayers at Akshardham Temple on Sunday morning. Sunak left the Akshardham Temple grounds after praying to follow international leaders to Rajghat. Extensive security measures were put in place in and around the temple ahead of the UK Prime Minister's visit. The UK Prime Minister stated on Saturday that he will visit Delhi's Akshardham shrine today. Rishi Sunak also expressed the hope that he will have time to visit a temple while in India for the G20 Summit. He has stated that he has «enormous respect» for Prime Minister Modi and is eager to assist him in making the G20 a huge success. «I am a devout Hindu.» That's how I was raised and still am.

Amid the ongoing summit in Delhi, the Prime Minister of the United Kingdom, Rishi Sunak, offered prayer at the Akshardham Temple in New Delhi on Sunday Morning. The convoy of the UK PM could be seen arriving at the temple ahead of the beginning of the second day sessions of the G20 Summit. Before his arrival, elaborate security arrangements were put in place in and around the temple.

G20 adopted the New Delhi Declaration unanimously on Saturday, calling for coordinated steps to support the world economy that faces an uncertain outlook, along with expeditious and effective redressal of the debt vulnerabilities of low and middle-income countries. The declaration marked a significant diplomatic success for India's presidency in the face of divisions that had cropped up, especially over the Ukraine war. In the 83-paragraph declaration, the India-led G20 proposed scaling up inclusive action against climate change with a green development pact and sustainable development goals, admitted the African Union in the group, put crypto-asset regulation on the global agenda, and committed to reforming multilateral development banks (MDBs). There were widespread fears the summit may end without a declaration due to divergence over the Ukraine-Russia conflict that shadowed all ministerial meetings before the Leaders' Summit. «History has been created with the adoption of the New Delhi Leaders' Declaration,» said Prime Minister Narendra Modi on social media site X.

Joe Biden on Sunday said that this year’s Summit proved that the G20 can still drive solutions to our most pressing issues. Taking to X, Biden tweeted, “At a moment when the global economy is suffering from the overlapping shocks of the climate crisis, fragility, and conflict, this year’s Summit proved that the G20 can still drive solutions to our most pressing issues." Earlier on Saturday, US President Biden highlighted the significance of the India-Middle East-Europe Corridor and affirmed the United States' commitment to collaborating with its allies to support the development of sustainable and robust infrastructure while prioritizing high-quality infrastructure investments.

In the hustle-bustle of Chandni Chowk, there is a shop serving Indian snacks and sweets packed with love and flavours from its roots back in Bikaner. The Aggarwals of Bikaner in 1905, started an entrepreneurial dream with a modest shop tucked away in Rajasthan with the name Bikaner Namkeen Bhandar. In 1950, the Aggarwal sibkings moved to Delhi with dreams in their eyes to expand their empire, at present this small local business has become a favourite of every Indian and has expanded its sweet and savoury establishment throughout the country. As the country evolved, so did this business and in 1988, Shyam Sundar Aggarwal launched Bikano, an offshoot of Bikanervala, to sell products in air-tight packaging for Indians to keep in their home and enjoy them whenever they want to.

Ukraine-Russia war. A consensus that had seemed elusive was achieved following hard bargaining and intense discussions among all G20 negotiating teams amid key meetings, ET has learnt. The need for consensus on the New Delhi Declaration that was adopted on Saturday had also figured in the meeting between US President Joe Biden and Prime Minister Narendra Modi, in the Capital on Friday night. While India was in constant touch with Russia over the issue, external affairs minister S Jaishankar's meeting with Russian counterpart Sergey Lavrov in Jakarta played an important role, ET has learnt. Over Friday and early Saturday, the Prime Minister held critical talks on the issue with visiting leaders.