Russia Financial News
10.09 / 18:41
Provident
Digital
country
Get trans-Atlantic ducks in a row
trans-Atlantic alliance is taking shape. It is building on India's bilateral ties with the US on end of the pond, and with France on the other.
10.09 / 18:41
Cooper
Platform
G20 Summit: China satisfied with New Delhi declaration
China came around to support the New Delhi declaration at the G20 summit in the backdrop of paragraph eight in the document that deals with the Ukraine situation differently than the Bali declaration. The Chinese were satisfied with the formulation on Ukraine and the Chinese premier Li Qiang, who addressed leaders, emphasised the need to make the bloc an economic forum rather than a political platform, which was later reflected in the New Delhi declaration, ET has learnt. «Concerning the war in Ukraine, while recalling the discussion in Bali, we reiterated our national positions and resolutions adopted at the UN Security Council and the UN General Assembly (resolution nos. ES-11/1 and ES-11/6) and underscored that all states must act in a manner consistent with the purposes and principles of the UN Charter in its entirety,» the New Delhi declaration said. The Bali declaration was more sharply worded against Russia with specific mention of voting patterns in the UNSC. The New Delhi declaration also reaffirmed that G20 is the premier forum for international economic cooperation.
10.09 / 18:15
Cooper
Waters
country
G20 Summit: Declaration significant for all, including Russia, says Japanese PM Fumio Kishida
Japanese PM Fumio Kishida on Sunday said the New Delhi Declaration was significant as all members, including Russia, agreed that «states must refrain from the threat or use of force to seek territorial acquisition». However, he did not get into the specifics of the language of declaration. On the safety of Japan's release of treated radioactive water from the Fukushima nuclear power plant, he said, «Many countries already viewed the process of discharge as safe and transparent.
10.09 / 17:23
FIVE
Platform
band
show
country
voice
How BJP will leverage G20 summit to advance its political outreach
NEW DELHI : The adoption of the New Delhi declaration at the end of the G20 Summit without impediments has given the ruling Bharatiya Janata Party (BJP) a platform to advance its political outreach and electoral campaign ahead of next year’s general election, riding on the triumph of an event it claims is a result of iPrime Minister Narendra Modi’s leadership. The PM himself had earlier referred to the summit as an opportunity to present the country on the international arena.
10.09 / 16:45
MET
Extreme
Action
country
plane
trudeau
G20 Summit: Canadian PM Justin Trudeau's plane suffers from technical snag, delegation to stay in India till….
G20 Summit: The plane of Canadian Prime Minister Justin Trudeau has suffered from some technical snag and the delegation of Canada which was scheduled to return on Sunday will stay back in India till the engineering team on the ground rectifies the issue, the officials from the airport told news agency ANI. Justin Trudeau landed in New Delhi on Friday for the G20 Summit and he was received Union Minister Rajeev Chandrasekhar. The G20 Summit under India's presidency concluded successfully on Sunday.
10.09 / 16:45
Citi
MET
Progressive
country
beautiful
Road to progress can have several auxillary routes
ekla chalo re (walk alone) policy. On 26 September 1999, the G20 was founded with this goal in mind. The world then was reeling from the Asian financial crisis.
10.09 / 16:41
COST
country
Deal
NOT
Any initiative to revive Black Sea grain deal that excludes Russia will not be sustainable: Turkish President Recep Tayyip Erdogan
Black Sea grain deal that excludes Russia will not be sustainable. «A process for the grain issue that excludes Russia is unlikely to be sustainable,» Erdogan said at a press meet after the G-20 summit in India. This July, Moscow suspended its participation in the Black Sea grain deal, brokered by Türkiye and the UN, to resume grain exports from three Ukrainian Black Sea ports that were paused after the Ukraine war in February 2022. Moscow has complained that the West failed to meet its obligations on Russian grain exports and that not enough Ukrainian grain was going to countries in need. It says restrictions on payments, logistics, and insurance have stood in the way of its shipments. Türkiye says the deal should be resumed by addressing deficiencies, and there is no alternative as other proposals have failed to offer a «sustainable, secure and lasting» model. «We are making intense efforts to end the Russia-Ukraine war, which has cost hundreds of thousands of lives.
10.09 / 15:33
Cooper
Remark
stage
Indian
Pity that spirit of accommodation that prevailed at G20 is absent within Indian politics: Tharoor
Congress leader Shashi Tharoor on Sunday said the diplomatic triumph of the 'Delhi Declaration' consensus makes it all the more a pity that the government does not bring the same attitude of conciliation and cooperation to bear in its domestic dealings. He said it was a pity that the spirit of accommodation that prevailed at G20 is absent within Indian politics. 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.
10.09 / 14:59
10.09 / 14:45
MET
Digital
voice
New Delhi Declaration: It’s a document of hope
Narendra Modi to Russian President Vladimir Putin. For a substantive outcome, consider what the world gains from Russia’s own back-down. In unison, the G20 has called for a revival of the Black Sea grain deal.
10.09 / 14:33
FIVE
Cooper
Remark
country
After President Biden, now Turkiye's Erdogan backs India for permanent UNSC seat
G20 Summit on Sunday, the senior politician noted that the world was ‘larger than five’. The remarks came mere hours after US President Joe Biden reaffirmed his support for a reformed UNSC with India as a permanent member.
10.09 / 14:33
UPS
Provident
Waters
Platform
Action
country
Amidst many fault lines, India has pulled off a superb G20 Summit
Global Financial Crisis to precipitate ponderous deliberations into precipitate, coordinated action, such as infusion of liquidity, provision of swap lines to provide emergency access to foreign currency, institution of elevated capital adequacy norms for banks and extra, loss-absorbing buffers of capital for globally systemically important financial institutions, accompanied by periodic stress tests by banking regulators. The world does not face that kind of a crisis.
10.09 / 14:05
COST
UPS
Citi
Action
G-20 shown unmistakable symbol of India’s rise at group photo
Narendra Modi welcomed world leaders to the Raj Ghat memorial complex in central Delhi on Sunday, site of the eternal flame that burns for Mahatma Gandhi. Symbolism is hard to escape in the so-called family photograph. It’s a G-20 tradition that offers a rare, unvarnished glimpse of the interaction between leaders — the warmth or chill of greetings, the backslapping, side chats, scowls or moments of awkwardness — and so points to the state of world relations.Also Read: G20 Summit 2023 LIVE: We are always there to push back against hatred, says Trudeau on Khalistani issue Absent from this year’s lineup were China’s President Xi Jinping and Russia’s Vladimir Putin, both of whom skipped the summit amid tensions with the US and its allies.
10.09 / 14:05
UPS
Cooper
Manufacturing
country
US and Vietnam set to expand ties as China worries grow
Joe Biden arrives in Vietnam on Sunday to deepen cooperation between the two nations, in the face of China's growing ambitions in the region. Biden — who is flying from the G20 summit in New Delhi — will meet the leader of Vietnam's ruling Communist Party, Nguyen Phu Trong, on Sunday, and is expected to sign off on a «comprehensive strategic partnership», Hanoi's highest level of diplomatic ties. The underlying goal of the short visit will be much the same as Biden's time at the G20 gathering — to shore up support against China's increasing influence. For Vietnam, the upgrading of diplomatic ties is significant.
10.09 / 13:03
MET
FIVE
Cooper
Pride
country
India, Turkiye to further cement trade, infrastructure ties
Narendra Modi on Sunday discussed strengthening trade and infrastructure relations with Turkiye President Recep Tayyip Erdogan. Modi met Erdogan on the sidelines of the G20 Leaders' Summit that concluded here on Sunday. «We talked about ways to further cement trade and infrastructure linkages between India and Turkiye,» Modi said on X. Addressing a press conference here, Erdogan expressed confidence in tapping the huge potential of cooperation between the two countries. «India is our greatest trade partner in South Asia.
10.09 / 11:45
UPS
country
voice
‘Russia likely to invest trapped rupees in India’: Sergei Lavrov says. Top Points
G20 Summit meet on Sunday. “Our Indian friends said they would propose promising areas they can be invested in," Lavrov told reporters, citing talks with Indian counterpart Subrahmanyam Jaishankar in Jakarta, Indonesia, on the side lines of the East Asia summit prior to his arrival to India. “Right now our governments are talking how to use and invest them to mutual benefit.", Bloomberg quoted Russia's Foreign Minister.
10.09 / 11:45
Platform
Continental
country
voice
social
What has India achieved in its G20 presidency?
New Delhi: India’s presidency of G20 or the Group of 20 has been able to bring all member countries to the table on the issue of war in Ukraine and brought to the fore the voice of the emerging markets as moderators, said foreign policy experts, highlighting the country's heritage as the voice of reason. The New Delhi Declaration issued on the first day of the two-day G20 Summit set the direction of future negotiations on important economic issues including climate financing which has for the first time put $5.9 trillion number to the green financing requirements for developing countries, reforms in multilateral banks, international taxation and sustainable development.
10.09 / 11:45
UPS
FIVE
Cooper
Remark
country
UNSC and other global infrastructure should reflect current realities: Modi
Narendra Modi on Sunday urged world leaders at the G20 leaders' summit to make global structure, including the UN Security Council, reflective of current realities. Speaking at a summit session, Modi staked a claim for India’s permanent membership at the UNSC and cautioned that individuals and institutions that do not adapt to change lose their relevance over time. The five permanent UN members with veto power in the organisation are the United States, the United Kingdom, France, Russia and China.
10.09 / 10:41
Provident
foreign
India to offer Russia to invest trapped Rupees, Foreign Minister Sergei Lavrov says
India will offer Russia options to invest the billions in rupees it has accumulated for exports, Foreign Minister Sergei Lavrov said Sunday in New Delhi. “Our Indian friends said they would propose promising areas they can be invested in,” Lavrov told reporters, citing talks with Indian counterpart Subrahmanyam Jaishankar in Jakarta, Indonesia, on the sidelines of the East Asia summit prior to his arrival to India. “Right now our governments are talking how to use and invest them to mutual benefit.” He didn’t provide further details. Lavrov also said Russian arms contracts with India remain in force, despite difficulties with payments caused by sanctions imposed by the US and its allies over Russia’s invasion of Ukraine. Russia has emerged as a top supplier of oil to India over the past year, settling a greater share of trade in national currencies and redirecting shipments east as traditional customers in Europe shunned purchases after President Vladimir Putin invaded Ukraine.
10.09 / 10:41
Russia's Lavrov says G20 summit a 'success'
Sergei Lavrov claimed a diplomatic win on Sunday, declaring a G20 summit in India a «success» after the bloc shied away from direct criticism of Moscow's invasion of Ukraine. «We were able to prevent the West's attempts to 'Ukrainize' the summit agenda» Lavrov said as the two-day meeting of leaders closed.
10.09 / 09:51
UPS
Progressive
Gap
stage
country
voice
India forges compromise among divided world powers at the G20 summit in a diplomatic win for Modi
India’s Prime Minister Narendra Modi touted his country as well-placed to bridge gaps in the Group of 20 top economies and solve global problems
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