County Summit Financial News
26.08 / 03:49
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G20 Summit in Delhi: Offices to opt WFH from Sept 8-10; Check latest traffic advisory for metro, bus services
Also Read: Supreme Court will remain closed on September 8 in view of G20 Summit: CJI The imposed limitations have been categorized into two types: controlled and regulated zones. The initial district of New Delhi has been designated as Controlled Zone 1. Specific areas like Vikas Marg leading to ITO, roads in proximity to the Red Fort, and the vicinity surrounding the city's primary train stations have been grouped into Controlled Zone 2, due to their proximity to the event venue.
25.08 / 17:07
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Digital
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B20
recommendations
Expect B20 recommendations to be picked up: Sunil Bharti Mittal
Sunil Bharti Mittal on Friday said he expects the recommendations that were made at the B20 Summit in India will be picked up. «G20 is a very important global decision-making, powerful body of the top 20 countries. B20 is a structure within G20 which is a feed-in mechanism of business recommendation into G20.
25.08 / 17:07
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Inside
Traffic
Delhi Police announces traffic curbs in advisory for G20 summit in New Delhi
Delhi will be out of bounds for unauthorised persons for three days during the G20 summit next month, police officials said on Friday. An array of restrictions on movement of vehicular traffic have been announced in New Delhi district, areas around Rajghat and the regulated zone demarcated by the Ring Road, they said.
25.08 / 15:07
Provident
FIVE
Platform
Finance Minister Nirmala Sitharaman stresses India's strength amid global economic concerns
Nirmala Sitharaman, while speaking at the B20 Summit in the national capital on Friday, emphasized India's resilience and potential amid growing concerns about China's economic slowdown. When asked about the impact of China's economic challenges on India and the world, the Finance Minister opted to focus on India's narrative. Acknowledging the global interest in China's economic developments, she stated, «I would rather play the India story.» Minister Sitharaman expressed her commitment to monitoring China's situation but emphasized her primary focus on India's current position and its abundant opportunities. She highlighted the nation's skilled workforce, vibrant work culture, and the enthusiasm of its youth to excel. She elaborated, «We should speak for India's strengths and not for the suffering of somebody else.» The B20 Summit, which precedes the upcoming G20 Summit next month, provided a platform for her to showcase India's strengths. Minister Sitharaman underscored India's current advantages, particularly its young, English-speaking population and a transparent governance system with accessible legal remedies through the courts. During her address, the Minister detailed the government's initiatives to bolster infrastructure development, support startups, and address climate concerns. She outlined five key priorities essential for sustainable global economic recovery: boosting investment to stimulate growth, prioritizing global investment in public health and education, addressing climate change finance, diversifying supply chains, and managing inflation.
25.08 / 14:42
Citi
POT
country
Luxury cars worth crores arrive in Delhi for G20 Summit, city undergoes significant facelift
Delhi from Mumbai, Chandigarh, and other cities in preparation for the upcoming G20 summit. Delhi itself is receiving a significant facelift in anticipation of the summit, scheduled to take place at the renovated Pragati Maidan on September 9-10. With delegations from more than 20 member countries and other invited guests converging on the city for this prestigious event, the demand for high-end vehicles has surged. Cab rental companies with impressive fleets of these luxury vehicles have been enlisted to cope with the immense demand.Iqbal Singh, an operator based in the city, shared that they have been procuring new cars with priority delivery in light of the summit's requirements. «The demand for luxury cars is incredibly high, and Delhi operators alone cannot meet it.
25.08 / 14:27
UPS
Manufacturing
Parke
ACME Group signs agreement with Tata Steel subsidiary for green hydrogen project in Odisha
Renewable energy firm ACME Group on Friday said it has signed a land agreement with Tata Steel Special Economic Zone (TSSEZL) for 343 acres for its green hydrogen and green ammonia project at the Gopalpur Industrial Park in Odisha. The company plans to set up a 1.3 MTPA green ammonia production facility. This green ammonia will be produced from green hydrogen, and the production facilities will be powered by renewable power, the company said in a statement.
25.08 / 11:09
country
Russian President Vladimir Putin to skip G20 Summit in New Delhi; Here's why
BRICS 15th Summit in Johannesburg, South Africa and addressed the event virtually. In the BRICS 15th Summit the Russian delegation was led by Russia's Foreign Minister Sergey Lavrov.
25.08 / 10:45
Kremlin says Putin has no plans to attend G20 in India in person
Kremlin said on Friday that Russian President Vladimir Putin had no plans to attend the G20 summit in India in September in person. The International Criminal Court (ICC) has issued an arrest warrant for Putin accusing him of war crimes in Ukraine, something the Kremlin strongly denies.
25.08 / 09:55
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Citizens
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restrictions
Traffic
G20 summit: Traffic restrictions to be imposed in Delhi from 7 September, several roads to remain closed. Details here
G20 Summit in India next month. Delhi police are currently busy ensuring smooth traffic flow in the city as high-profile delegates, including heads of states, will gather in the national capital for the event. The G20 Summit is slated to take place on September 9-10 at the state-of-the-art Bharat Mandapam Convention Centre at Pragati Maidan.
25.08 / 08:31
Progressive
country
B20
B20 Summit in India: Tata Sons Chairman N Chandrasekaran supports AI; says,'AI will create more jobs in India'
B20 Summit in India: Advocating the use of AI and its benefits for India, Tata Sons and Air India Chairman, N CHandrasekaran said, “In a country like India, AI will create more jobs." He strengthened his claims by saying that AI will empower people with less skills with information. It will also help in reducing the workload of professionals.
25.08 / 08:05
UPS
Uncharted
Celebrity
track
country
exclusive
Chandrayaan-3 moon landing: Petition demands India declare 23 August as 'ISRO Day'
petition, Shah mentioned that 23 August should honour and celebrate the incredible contributions of our scientists at ISRO. Read all the LIVE updates on Chandrayaan-3 mission here "This day is one to remember; for our future generations to look back and know that with the right amount of hard work, dedication, and perseverance there can be no limit!" the petition on change.org read.
25.08 / 07:25
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nsa
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US NSA Sullivan, Quint nations assure unified support for India's G20 Presidency
Sullivan convened the national security and senior G20 representatives of the Quint (an informal decision-making group consisting of the United States and France, Germany, Italy, the United Kingdom and the European Union) at the White House to discuss the ensuing G20 Leaders' Summit in New Delhi, according to a White House release. The participants discussed their unified support for the G20 and India's G20 Presidency, as well as their commitment to ensuring strong outcomes in New Delhi, including demonstrating the G20's role as the premier forum for economic cooperation, driving an affirmative and ambitious agenda for developing and emerging countries, and making progress on evolving the multilateral development banks to be more responsive to shared global challenges, the official release informed. The G20 Summit is slated to take place on September 9-10 at the recently-inaugurated state-of-the-art Bharat Mandapam convention centre at Pragati Maidan in New Delhi. Many heads of state and diplomats including US President Joe Biden, Chinese Premier Xi Jinping, Canadian Prime Minister Justin Trudeau and French President Emmanuel Macron are expected to be attending the G20 Leaders' Summit. The 18th G20 Heads of State and Government Summit in Delhi, under India's presidency will be a culmination of all the G20 processes and meetings held throughout the year among ministers, senior officials, and civil societies. Sullivan also convened the Quint national security advisors of France, Germany, Italy, and the United Kingdom at the White House on Thursday. Noting that it is also Ukraine's Independence Day, participants reiterated their enduring commitment to supporting Ukraine in its defence against Russian aggression for as long
25.08 / 07:23
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trudeau
G20: Justin Trudeau disappointed over President Zelensky's exclusion from summit, ‘will do everything possible…’
G20 summit in New Delhi next month. Trudeau assured Zelenskyy of continued support and stated they would strongly advocate for Ukraine. The summit invited Netherlands, Singapore, Spain, UAE, Oman, Bangladesh, Egypt, Mauritius, and Nigeria as "guest countries." Ukraine was similarly invited to previous G7 and NATO summits to show support amid its conflict with G20 member Russia.
25.08 / 05:55
CEO
B20
Future
Updates
B20 Summit India 2023 LIVE Updates: 'India's growth journey will shape the world’s future,' says Tata Sons Chairman
Click here to watch the live telecast of B20 Summit in India 2023B20 Summit India 2023: CEO of Kotak Mahindra Bank, Uday Kotak said that every Indian company should voluntarily, or via regulation should contribute for 0.2% of their profits in G20 goals.B20 Summit LIVE Updates: In the ongoing B20 Summit, Chairman of Tata Sons and Air India, N. Chandrasekaran, said that India is committed to sustainability and climate change.
25.08 / 05:21
MET
BLOCK
Progressive
country
Explainer
Mint Explainer: Modi, Xi meet on sidelines of BRICS Summit. Why is it important
Narendra Modi and President Xi Jinping of China met on the sidelines of the BRICS Summit in Johannesburg, South Africa. The two leaders held “candid and in-depth" exchange of views on current China-India relations and other questions of shared interest. Mint explains the significance of the meeting.
25.08 / 04:35
Twitter
country
‘Impressve…’, World Leaders Congratulate India | PM Modi Expresses Gratitude | Watch
Chandrayaan-3 made a soft landing on the moon's so... moreChandrayaan-3 made a soft landing on the moon's south pole on August 23.
25.08 / 02:17
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Platform
Remark
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Latin
BRICS set to add six new members from North Africa, Gulf and Latin America
Brics is set to add heft to the grouping of emerging economies as it announced on Thursday the inclusion of six new members, including India's key partners in the Gulf and North Africa, a development that Prime Minister Narendra Modi described as a message that «all global institutions need to transform considering the changing times». South Africa's President Cyril Ramaphosa made the announcement at a joint press conference of the leaders of the current members — Brazil, Russia, India, China and South Africa — on the concluding day of the 15th Brics summit in Johannesburg. «We have decided to invite the Argentine Republic, the Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia and the United Arab Emirates to become full members of Brics from 1 January 2024,» said the joint declaration issued at the end of the 15th Brics summit. At the summit, the Brics leaders tasked their finance ministers and central bank governors, as appropriate, to consider the issue of local currencies, payment instruments and platforms, and report back to leaders by the next summit.Deep relations The group also decided to clear the path for further expansion. «We have also tasked our foreign ministers to further develop the Brics partner country model and a list of prospective partner countries and report by the next summit,» said the joint statement. Prime Minister Modi said at the joint press conference — in the presence of Ramaphosa, Chinese President Xi Jinping and Brazilian President Luiz Inacio Lula da Silva — that the decision to expand the grouping will strengthen the belief of many countries in a multipolar world. The PM said the inclusion of new members will
24.08 / 17:39
UPS
FIVE
track
country
India on track to become third largest economy: Finance secy
New Delhi: India, which is registering fastest economic growth among top five global economies, is on track to become the third largest economy, finance secretary T.V. Somanathan said on Thursday. India is currently the fifth largest economy behind the US, China, Japan and Germany.
24.08 / 16:29
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Amazon
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Enterprise
voice
Support
Support grows for sustainable development, a 'bioeconomy,' in the Amazon
The Brazilian Amazon has long been home to small and mid-sized sustainable businesses that use forest nuts, fruits and other products, and it's an incubator for new ones
24.08 / 15:05
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Digital
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stage
B20
India stands at the cusp of global transitions: B20 Chair N Chandrasekaran
N Chandrasekaran, chair, B20 India, Thursday, lauding India’s growth trajectory. “We are the fifth largest economy, and we have a lot of things going for us. Just not in terms of economic growth, but in terms of infrastructure as well,” the chairman of Tata Sons said on the eve of the B20 Summit India 2023, organised by the Confederation of Indian Industry in New Delhi. Chandrasekaran noted that India stood at the cusp of changes happening worldwide. “Be it digital, energy, or supply chain resilience and transition due to geopolitical situation.
24.08 / 09:47
VISA
Williams
stage
Inside
Trade talks with India in 'final but trickier' stages ahead of UK Trade Secretary Kemi Badenoch's visit to India
trade deal before Rishi Sunak's visit to India in September, UK government insiders have indicated that there are no expectations for a full deal to be reached by then. While officials express hope that a deal could be within reach in the coming months, they emphasise that there are still significant challenges to overcome. Also read: G20 Summit: Banks in Delhi to remain closed on THESE dates A trade agreement with India has long been considered a coveted goal for the UK, particularly after Brexit.
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