Action Financial News
10.09 / 03:25
Action
COMPOSITE
Enterprise
Continental
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voice
In big win for PM Modi's global south push, African Union joins G20
African Union (AU) Saturday formally took its seat as a new member of the G20 at the invitation of summit host Prime Minister Narendra Modi. In his inaugural address at the summit, Modi also expressed solidarity with Morocco as it grapples with the aftermath of a devastating earthquake and extended all the support that Rabat needs. In 2015, India had played a key role in Morocco's reinduction into the AU. The current chair of the 55-member AU is the Comoros President, who was greeted by Modi following the announcement.
10.09 / 03:25
UPS
Lowe's
Action
country
social
Indian
The great Indian diplomacy: G20 unanimously adopts Delhi Declaration
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.
09.09 / 19:47
Digital
Cooper
Action
track
country
We've matched ambition with action in our presidency: Amitabh Kant
G20 presidency has been the most ambitious with 112 outcomes and presidency documents, says country's G20 sherpa Amitabh Kant. In an interview with Deepshikha Sikarwar he said language on Ukraine war is stronger than in the Bali Declaration. Edited excerpts:Has India delivered on its ambitious agenda and raised the bar for others? With over 112 outcomes and presidency documents, our G20 presidency has been one of the most ambitious in history.
09.09 / 19:17
Action
country
G20 leaders adopt green development pact
climate change. "Recognising that the prosperity and well-being of present and future generations depends on our current development and other policy choices and actions, we resolve to pursue environmentally sustainable and inclusive economic growth and development in an integrated, holistic and balanced manner," said the leaders' declaration adopted on the first day of the G20 leaders' summit in the capital.
09.09 / 19:03
Progressive
Action
country
World facing 'unprecedented climate emergency': Brazil's Lula
Luiz Inacio Lula da Silva told world leaders Saturday the planet was facing an «unprecedented climate emergency» while addressing the G20 Summit in India. «The lack of commitment to the environment has led us to an unprecedented climate emergency,» said Lula at the two-day meeting in New Delhi. «Droughts, floods, storms and fires are becoming more frequent.» G20 leaders meet this weekend during what is likely the hottest year in human history, but hopes are slim that the divided grouping can agree ambitious action on the crisis. Any failure to do so could lower expectations ahead of crucial COP28 climate talks that begin in November in the United Arab Emirates. In July, G20 energy ministers failed to even mention coal in their final statement, let alone agree a phase down roadmap, and there was no progress on the renewables goal.
09.09 / 19:03
Digital
Action
India leaves a strong legacy under its presidency, says FM Nirmala Sitharaman
Nirmala Sitharaman on Saturday said India’s presidency of the G20 has left a strong legacy with Digital Public Infrastructure (DPI) being integrated into the G20 Financial Inclusion Action Plan (FIAP). “Digital Public Infrastructure (DPI) has also been integrated into the G20 Financial Inclusion Action Plan (FIAP) which will run between 2024 and 2026; that is a strong legacy of the Indian presidency,” Sitharaman said, addressing the media. The G20 Leaders, who have convened in New Delhi for their annual summit over the weekend, have recognised and agreed on the critical role of safe, secure, trusted, accountable and inclusive digital public infrastructure. “We welcome the G20 Framework for Systems of Digital Public Infrastructure, a voluntary and suggested framework for the development, deployment and governance of DPI," according to the G20 New Delhi Leaders' Declaration.
09.09 / 18:55
UPS
Target
Extreme
Action
stage
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country
Deal
clean energy
Group of 20 countries agree to increase clean energy but reach no deal on phasing out fossil fuels
Group of 20 leaders have agreed to triple renewable energy and try to increase the funds for climate change-related disasters but maintained the status quo with regards to phasing out carbon spewing coal
09.09 / 18:25
UPS
Target
Action
Align
country
Developing nations need $5.8-5.9 trillion to meet climate goals
climate action funding in trillions of dollars instead of billions, pursue efforts to reach net zero target commitment by mid-century, triple renewable energy capacities by 2030 and reduce inefficient fuel subsidies in line with national circumstances, said the G20 New Delhi Declaration. In a major shift in climate finance vocabulary, the declaration quantified the sum required for developing countries to implement their climate goals by 2030 under Paris Agreement, $5.8-5.9 trillion, and an additional $4 trillion per year for clean energy technologies by the end of this decade to reach net zero emissions by 2050. This is said to be the first such quantification on climate finance at the G20. «In this regard, it is essential to align all relevant financial flows with these objectives while scaling up finance, capacity building and technology transfer on voluntary and mutually agreed terms, taking into account the priorities and needs of developing countries,» the declaration said as part of the 'Green Development Pact for a sustainable future'. Multilateral banking reforms and blended climate finance models apart, a multi-year G20 Technical Assistance Action Plan (TAAP) is envisaged to address data related barriers for climate investments. It also urged parties to set «an ambitious, transparent and trackable New Collective Quantified Goal (NCQG) of climate finance in 2024, from a floor of $100 billion a year», taking into account the needs and priorities of developing countries in fulfilling the objective of the UNFCCC and implementation of the Paris Agreement. On the long awaited $100 billion Green Climate Fund goal, the declaration said it will be met for the first time in 2023 by developed country contributors. «Recall
09.09 / 16:51
MET
Citizens
Action
stage
Wait till midnight to see action, says Governor C V Ananda Bose amid tussle between Raj Bhavan, Bengal govt
West Bengal Education Minister Bratya Basu accused him of trying to «destroy» the higher education system in the state and running a «puppet regime» in universities, Governor C V Ananda Bose on Saturday warned of much bigger action at midnight. «Wait for the stroke of midnight today. You will see what is the action,» Bose told reporters on the sidelines of a programme here. Minutes after Bose's comment, Basu, without naming the governor, mocked him by calling him the «new vampire in town» and cautioned the people to «beware of him». «See till midnight, see the action BEWARE! BEWARE! BEWARE! New Vampire in the town! Citizens please watch yourselves.
09.09 / 16:35
Action
voice
US official addressing media in fluent Hindi sparks buzz amid G20 Summit- Who is Margaret Macleod?
Edhar hum angreji seekh rahe hai, udhar ye Hindi farratedar bol rahi hai," rued a third. According to details uploaded on the US State government website, Macleod has served overseas in US Missions to India, Pakistan, and Japan.
09.09 / 15:39
UPS
Progressive
Action
Actor
band
Inside
end
Hollywood writers strike: WGA urges studios to ignore 'Broken AMPTP Model’ to end protest; read full statement
Writers Guild of America (WGA) have been on strike in Hollywood since May 2, 2023, 12:01 a.m. PDT. In the four months that have passed, several rounds of the WGA representatives’ talks with the Alliance of Motion Picture and Television Producers (AMPTP) have failed. Now, the WGA has urged the AMPTP to go soft on its stance, if it wants the strike to end. The WGA urged members on September 8 to “stay strong”, while suggesting that studios that want a “fair deal” with their writers will have to agree to the deal or break away from the “broken AMPTP model”. The WGA revealed that some legacy studio executives are keen to agree with the Guild’s stance on certain issues. However, the AMPTP is a system that “favors inflexibility over compromise,” said the WGA. It told members that the studios “will continue attempting to get writers to settle for less than what we need and deserve, and encourage us to negotiate with ourselves”. “But we are not going to do that,” the WGA asserted. “Instead, the companies inside the AMPTP who want a fair deal with writers must take control of the AMPTP process itself, or decide to make a deal separately. At that point, a resolution to the strike will be in reach,” it added in the statement. The WGA also asked members to be careful of studio executives who may try to create dissent among the union writers. “We understand how painful this time is for everyone,” the WGA said to its members. “We are all tired and hurting and scared. There is nothing wrong with saying so.”
09.09 / 15:39
FIVE
Ball
SEC
Fox
Action
Southern
CBS
week
U.S. College Football Games Week 2: Live streaming, where to watch, schedule and all you need to know
U.S. College Football Games Week 1 went smoothly but stretched over five days, Week 2 is more hectic with as many as 80 games packed in the Saturday window. With no extension of the holiday, Saturday will have the most busy schedule. Saturday's premiere match between No. 3 Alabama hosts No. 11 Texas begins at 7 p.m.The action in Tuscaloosa will be followed by a pair of interesting road contests for ranked, future Big Ten rivals, with No. 13 Oregon facing a wounded Texas Tech squad and No. 19 Wisconsin playing Washington State.
09.09 / 15:39
CEO
Action
stage
country
G20 declaration a welcome call for comprehensive, diverse actions for global community: Mahindra Gr MD & CEO Anish Shah
G20 declaration is a welcome call for comprehensive and diverse actions for the global community in the context of several complex challenges facing the world, Mahindra Group Managing Director and CEO Anish Shah said on Saturday. The declaration «marks a fitting culmination of not just India's energetic presidency but also its enhanced standing on the global stage that deftly steered the G20 presidency towards consensus within its diverse membership», he said in a statement.
09.09 / 15:39
Target
Digital
Citizens
Action
Apple
Software
Threat
Apple's SOS: IOS 16.6.1 emerges as crucial defense against Pegasus spyware threat all about the software update
digital privacy, Apple has swiftly released its emergency software update, IOS 16.6.1, in response to the discovery of Pegasus spyware. Here's everything you need to know about this critical update.
09.09 / 14:35
Cooper
Action
G20 group reaffirms commitment to zero toleration for corruption
Delhi Declaration reaffirmed its commitment to zero tolerance for corruption and called for strengthening law enforcement-related international cooperation and information sharing for combating graft. The joint Declaration also called for strengthening asset recovery mechanisms for combating corruption. «We reaffirm our commitment to zero tolerance for corruption.
09.09 / 14:35
Action
Apple
Yellow
Hallmark
voice
blues
classical
iPhone 15
New iPhone 15 line-up dummies tease upcoming design, colour options; Action button confirmed on Pro models & Dynamic Island on vanilla ones
iPhone 15 and iPhone 15 Pro have surfaced, shedding light on new design elements and color choices. According to GSM Arena, the iPhone 15, set to be available in both vanilla and Pro models, has generated significant interest. The vanilla iPhone 15 will be offered in classic black and white, along with three fresh pastel shades: yellow, pink/red, and blue. The phone's chassis retains its aluminum construction and brushed finish, offering a sense of familiarity.
09.09 / 14:21
Twitter
Booking
Action
Entertainment
film
love
country
open
Work from 'Theatres' or 'Home'? Shah Rukh's 'Jawan' fever pulls Bengaluru WFH employee to open laptop during screening
ALSO READ: Jawan Box Office collection: ₹200 crore in just 3 days; SRK’s movie sells over 11 lakh tickets in booking The image, shared by a Twitter (now X) user, showcases a person working on their laptop in a darkened movie theatre during a screening of Jawan. The picture was taken by Neelangana Noopur who said it was taken at Inox Bengaluru and labelled it a ‘Peak Bengaluru’ moment. While sharing the pic, she wrote, “When Jawan first day is important but life is peak Bengaluru.
09.09 / 13:59
FIVE
Digital
Action
Mobile
Enterprise
country
WTO
reform
G20 Delhi Declaration: WTO reform, discouraging protectionism, mutually supportive trade and green policies
G20 Summit on Saturday reiterated their commitment towards reform of the World Trade Organization (WTO), dispute settlement and that trade and environment policies should be mutually supportive consistent with global trade rules and multilateral environmental agreements. In the New Delhi Leaders’ Declaration, the grouping- which added the African Union as its new permanent member- emphasised on avoiding discriminatory green economic policies. “We renew our commitment to ensure a level-playing field and fair competition by discouraging protectionism and market distorting practices, to foster a favourable trade and investment environment for all,” the bloc said, highlighting its commitment to 'positive outcomes at the WTO’s Thirteenth Ministerial Conference (MC13).' The 37-page declaration has the trade and investment agenda in a subhead titled 'Unlocking Trade for Growth.' “We affirm that a rules-based, non-discriminatory, fair, open, inclusive, equitable, sustainable and transparent multilateral trading system, with WTO at its core, is indispensable,” they said.
09.09 / 13:59
Provident
Cooper
Action
Enterprise
country
PM Modi calls for global effort on climate change, green finance at G20 Summit
Narendra Modi on Saturday emphasised the pressing need for global cooperation to combat climate change and fund the transition to sustainable energy systems. Speaking at the G20 Leaders' Summit's first session, Modi underscored the monumental financial requirements for an inclusive energy transition in the 21st century world to tackle climate change. «Keeping in mind the challenge of climate change, energy transition is a significant need of the 21st century world.
09.09 / 13:47
UPS
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Digital
Cooper
Progressive
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G20 Summit: Full text of New Delhi G20 Leaders Declaration. Read here
the future of our people and our planet. It is with the philosophy of living in harmony with our surrounding ecosystem that we commit to concrete actions to address global challenges. 3.
09.09 / 12:39
Manufacturing
Action
Apple
COMPOSITE
concert
Here’s Something Past Its Expiration Date: the Expiration Date Itself
climate change. Ah, but these food-safety regulations keep us safe, you might say. Yet in almost all cases, there is no regulation and the dates do nothing to keep us safe.
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