County Summit Financial News

Narendra Modi and US President Joe Biden reaffirmed their nations’ close ties and commitment to developing robust global semiconductor supply chains during their meeting before the G20 Leaders’ Summit in New Delhi, building on discussions from their June bilateral meeting. Biden also reiterated America’s support for India’s longstanding demand for a permanent seat on the UN Security Council and expressed support for India’s candidacy for another term in the UNSC as a non-permanent member in 2028-29.

New Delhi: UK prime minister Rishi Sunak, who is attending the G20 Leaders’ Summit in India, will announce measures to alleviate the impact of the Russian blockade of Ukrainian grain supplies that has caused a global spike in food prices. “Once again, (Russian president) Vladimir Putin is failing to show his face at the G20.

Narendra Modi and US President Joe Biden picked up from where they left off in June during their bilateral meeting on Friday in advance of the G20 Leaders’ Summit in New Delhi. “The leaders called on their governments to continue the work of transforming the India-U.S.

G20 Summit: The world leaders are in New Delhi for the 18th G20 Summit which will begin on 9 September. US President Joe Biden and Prime Minister Narendra Modi held a bilateral meeting on Friday and soon the minutes of the meeting will be out. One of the major questions around the G20 Summit will be about the New Delhi declaration and as per Indian officials, the declaration is almost finalized.

On the eve of G-20 Summit in national capital Delhi, the Delhi Police's website is down. The Delhi Police website seems to have crashed amid cybersecurity threats ahead of the crucial international meet in Delhi.

Narendra Modi and US President Joe Biden will hold a bilateral meeting on Friday evening in advance of the G20 Leaders’ Summit in New Delhi on September 9 and 10. “It will be an opportunity to follow up on Prime Minister Modi’s visit to the United States and we will see meaningful progress on a number of issues like the GE jet engine issue, the MQ-9 Reapers, on 5G, 6G, on collaboration in critical and emerging technologies and progress also in the civil nuclear area as well. So we will mark all of that progress when the two of them meet tomorrow which shows the breadth of the relationship between our countries," said the US national security adviser Jake Sullivan to a gathering of journalists.

G20 Summit, Delhi Metro Rail Corporation (DMRC) has announced that feeder buses between Delhi Aerocity Station of Airport Line and Terminal 1 will be unavailable from 8-10 September. In order to reach Terminal 1, DMRC has asked commuters to use the Magenta Line and get down at Terminal 1-IGI Airport Metro Station.

Joe Biden who departed to India to attend the G20 Summit does not intend to meet with Chinese Premier Li Qiang this weekend, as reported by Bloomberg. The president’s national security advisor, Jake Sullivan, briefed reporters on the summit agenda after the president left Washington on the trip, which will also take him to Vietnam. “We don’t have a plan for the president to engage with the Chinese premier at this time," Sullivan said as quoted by Bloomberg.

World Bank on Friday lauded India's Digital Public Infrastructure in a G20 document. It said India’s Digital Public Infrastructure has had a transformative impact, extending far beyond just financial inclusion. The international financial institution in a document applauded India, stating what the country has achieved in just six years would have otherwise taken about five decades. India has developed some of the finest digital public goods infrastructure which could change lives the world over.

G20 Summit from Friday. Ahead of the summit, G20's current host, India, emerged as the 7th best performing nation in terms of complying to 15 key G20 Bali commitments made last year. According to the data analysed by G20 Research Group, India complied to 87% of commitments made in G20 Summit in Bali last year.

G20 Summit scheduled for September 9-10. Minister of State for Steel and Rural Development, Faggan Singh Kulaste, warmly welcomed Fernandez at the Delhi airport. Following the 15th BRICS summit, the five-member BRICS (Brazil, Russia, India, China and South Africa) invited Argentina along with five other countries to join the alliance.

G20 Summit scheduled to take place in India. In a post on to X (formerly Twitter), Sánchez said, "This afternoon I have tested positive for COVID and will not be able to travel to New Delhi for the G20 Summit. I feel fine." At the G20 Summit, Spain will be represented by the First Vice President Nadia Calvino and Minister of Economic Affairs and the Minister of Foreign Affairs, EU and Cooperation, he added.

Asia Summit on Thursday that «the need of the hour is an Indo-Pacific where international law, including UNCLOS (United Nations Convention on the Law of the Sea), applies equally to all countries, where there is freedom of navigation and overflight, and where there is unimpeded lawful commerce for the benefit of all». He also addressed the India-Asean Summit in Jakarta, where he unveiled a 12-point plan across sectors ranging from connectivity to digital public infrastructure (DPI) and counter-terrorism. "India believes that the Code of Conduct should be effective for the South China Sea, be UNCLOS compliant and, in this, the interests of those countries which are not part of the discussions should also be kept in mind," the PM said. At the East Asia Summit, the PM pitched for everyone's commitment and joint efforts to strengthen the sovereignty and territorial integrity of all countries against the backdrop of China's increasing military assertiveness in the South China Sea.

G20 Summit, New Delhi's New Delhi district witnessed the implementation of strict traffic regulations on Friday morning. As reported by PTI citing officials, restrictions have been imposed on online delivery services, with the exception of medicines, within the vicinity of the G20 Summit venue and the hotels designated for the attending delegates.

President Joe Biden wants to show the world at the Group of 20 summit in India and during a stop in Vietnam that the United States and its like-minded allies are better economic and security partners than China. White House officials said Biden, who departed Thursday evening for New Delhi, will use the annual G20 gathering as an opportunity for the U.S. to highlight a proposition for developing and middle-income countries that would increase the lending power of the World Bank and International Monetary Fund by some $200 billion.

G20 Summit Delhi: The national capital has been decked up royally to welcome foreign delegates for the G20 summit. The G20 Leaders' Summit will be held on September 9-10 in the national capital, for which security has been tightened. The summit will be held at the newly inaugurated Bharat Mandapam, Pragati Maidan.

Joe Biden on Thursday left for India to participate in the historic G20 Summit in New Delhi to be chaired by Prime Minister Narendra Modi. Biden will follow the COVID-19 guidelines of the Centers for Disease Control and Prevention (CDC) during his visit to India for the G20 Summit, the White House has said. First Lady Jill Biden, 72, tested positive for COVID-19 on Monday.

G20 Summit in Delhi. Some New Delhi-based retailers have also started seeing fewer footfalls because of ramped up security in the city and its neighbourhoods, impacting sales. «The event is expected to impact the supply chains of various brands whose stocks are sourced from Noida and Delhi factories.

Chinese technology corporation Tencent unveiled its “Hunyuan” artificial intelligence (AI) system, a multimodal large language model (LLM) similar to OpenAI’s ChatGPT, at the Global Digital Ecosystem Summit in Shenzhen on Sept. 7. 

NEW DELHI : India aims to achieve the twin objectives of adding the African Union as a member of G20 and resolving disagreements about a joint statement related to the war in Ukraine at the upcoming G20 Leaders’ Summit in New Delhi on 9-10 September. India, which has centred its G20 presidency around the concerns of the Global South, will view the inclusion of the African Union as a significant achievement, in line with its aspiration to represent the interests of low-income, developing nations. The inclusion of the African Union has also received the support of the European Union (EU), France and the US.

Joe Biden, UK Prime Minister Rishi Sunak, Canada Prime Minister Justin Trudeau, Japanese Prime Minister Fumio Kishida are among the leaders to attend the G-20 meeting. The Chinese foreign ministry announced that President Xi Jinping will not attend the G20 Summit in New Delhi and the delegation will be led by Premier Li Qiang.