Country Financial News

09.09 / 19:17
Progressive Align country beautiful G20 Summit: Nalanda University's image forms backdrop at greeting area of President's dinner for delegates
ALSO READ: G20 Summit 2023 LIVE Updates Through the image of Nalanda Mahavihara, which also carries the G20 logo on one side and the theme of India's presidency of the grouping -- 'Vasudhaiva Kutumbakam' - One Earth. One Family.
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
Career country Indian Training 197 officers pass out from Officers Training Academy in Tamil Nadu, join Indian army
Gentleman Cadets and 36 Women Cadets were commissioned into various arms and services of the Indian Army, following their successful completion of 11-month training at the Officers Training Academy (OTA) in Chennai on Saturday.Four Gentleman Cadets and eight Women Cadets from friendly foreign countries, too, completed the training. A spectacular military parade on the Parameshwaran Drill Square at OTA Chennai marked the commissioning of the officers. The parade was reviewed by General Manoj Pande, Chief of Army Staff, who presented the Sword of Honour to BUO Nakka Naveen, OTA gold medal to ACA Sudeep Kumar Sahu, silver medal to BCA Dushyant Singh Shekhawat and the bronze medal to AUO Jyoti Bisht. The reviewing officer complimented the officer cadets and staff of the OTA for the excellent all-around standards displayed by them, a release here said. He exhorted the cadets to always adhere to the core values of «selfless service to the nation» and strive for excellence in all their endeavours. Veer Nari gallery, displaying photographs and life stories of the brave women, was inaugurated by Archana Pande, President Army Wives Welfare Association at the OTA Museum.
09.09 / 19:03
Provident Ball Platform Gap country exclusive NOT Rugby World Cup 2023: Why is Canada not there? Here are all insights you need to know
absence of Canada from the Rugby World Cup 2023 has left many rugby enthusiasts wondering what went wrong. For a nation that has a history of rugby, what led to their exclusion from Rugby World Cup 2023? Let's delve into the factors that reportedly contributed to this unexpected turn of events.
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 / 18:55
UPS Provident Continental stage country The African Union is joining the G20, a powerful acknowledgement of a continent of 1 billion people
The decision by the Group of 20 of the world’s leading economies to admit the African Union as a permanent member is a powerful acknowledgement of Africa as its more than 50 countries seek a more important role on the global stage
09.09 / 18:55
UPS Target Extreme Action stage track 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 / 18:55
FIVE country social Poland's political parties reveal campaign programs before the Oct 15 general election
Poland’s conservative governing party and the opposition has showered potential voters with promises as the country's political parties revealed their campaign programs before the Oct. 15 parliamentary election
09.09 / 18:25
Citi Waters country end G20 Leadership Summit: Prime Minister Modi calls for end to global trust deficit
Modi Saturday called upon the world community to end the "global trust deficit", saying it was «the time to walk together» as he sought to cast India's presidency of G20 as a stepping stone to the peaceful emergence of a new world order based on mutual trust and universal brotherhood bereft of East-West or North-South divide. Addressing heads of states in the inaugural session of the two-day G20 Leadership Summit in the national capital, Modi exuded optimism that if nations could beat the pandemic by sticking together, they can very well bridge the surge in trust deficit in the wake of the Ukraine war. The Prime Minister also called on the President of the African Union to take a seat among the G20 leaders after they endorsed India's proposal to include the bloc as a permanent member of the grouping. India's proposal was in sync with the principle of togetherness, Modi added. With a miniature Tricolour on his right and the «Bharat» (instead of India) name plank in front of him, the Prime Minister said in Hindi: «Today, Bharat, as the G20 President, calls on the world to first unitedly convert this global trust deficit into confidence and trust.
09.09 / 18:25
COST show country Deal India-West Asia-Europe corridor deal offers an alternative to China's BRI
Belt and Road Initiative (BRI), which has pushed many countries into a debt trap besides losing control over their assets, leaders of India-US-Saudi Arabia-UAE-Europe-Japan on Saturday announced a mega joint infrastructure deal to connect Asia with Europe via ports and railroad. Prime Minister Narendra Modi launching the project said an India-West Asia-Europe connectivity corridor for economic integration would be launched soon. Modi made the announcement flanked by US President US Biden, Saudi Arabia Prime Minister Mohammed bin Salman, President of UAE, EU and key European leaders on the sidelines of the G20 Summit. «This corridor will show a sustainable way to the whole world,» the Prime Minister said. While the US President described it as a game-changer, Ursula von der Leyen, President, European Union said, «It will be the most direct connection between India, Middle East.
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 / 18:25
Cooper Progressive country PM Modi holds bilateral meetings with Japanese & Italian counterparts
Modi on Saturday held two separate bilateral meetings with Fumio Kishida, Prime Minister of Japan and Italian PM Giorgia Meloni, on the sidelines of the G-20 Summit in the national capital. During the meeting, with the Prime Minister of Japan, the leaders acknowledged the constructive dialogue of the two countries throughout the year on their priorities for their respective G20 and G7 Presidencies, particularly in bringing the concerns and aspirations of the Global South to the fore, the Prime Minister's Office said on Saturday. According to the PMO, the leaders held discussions on various facets of the India-Japan bilateral partnership, including on infrastructure development, technological collaboration, investments and energy. Both leaders reaffirmed their commitment to further deepening the India-Japan Special Strategic and Global Partnership.PM Modi also held a bilateral meeting with Giorgia Meloni, Prime Minister of the Italian Republic on the sidelines of the G20 Summit in Delhi. This is the second visit of Prime Minister Meloni to India following her State visit in March 2023, during which bilateral relations were raised to the level of a Strategic Partnership. Prime Minister Modi appreciated Italy's support for India's G20 Presidency and Italy's joining of the Global Biofuel Alliance and the India — Middle East — Europe Economic Corridor. The two leaders noted with satisfaction the completion of 75 years of establishment of diplomatic relations between the two countries. They also took stock of the progress in diverse areas of the India-Italy Strategic Partnership, and agreed to bolster cooperation in areas like defence and new and emerging technologies. They noted the need for G7 and G20 to work in consonance
09.09 / 18:25
MET Yellow Southern Mercury country UK braces for hottest day yet amid ongoing heatwave and thunderstorm warnings
United Kingdom, weather forecasters anticipate the hottest day of the year, with temperatures soaring to nearly 33°C (91°F). This marks the culmination of a week-long stretch where the mercury consistently exceeded 30°C (86°F), resulting in Thursday registering as the warmest day of 2023, with a scorching 32.6°C (91°F) recorded in Wisley, Surrey.
09.09 / 16:51
Citi BLOCK Ripple Remark Nestle country Morocco Earthquake death toll surpasses 1,000; Where did the 6.8-magnitude earthquake strike in the country?
Morocco on Friday night. This tragic event marked the deadliest earthquake to hit the North African country in decades. Reports indicated that rescue teams were struggling to reach the most affected areas, as roads were blocked by debris. One witness had said, «We were hoping for miracles from the rubble.» Morocco's state TV channel Al Aoula, citing the interior ministry, has reported that the death toll from the earthquake in Morocco now stands at 1,037, with over 1,000 individuals injured. The ministry has also indicated that 721 people are in critical condition. This earthquake marks the deadliest to strike Morocco in many decades.
09.09 / 16:51
Provident Digital Cooper Citizens Progressive Platform country International G20 New Delhi Declaration: Digital Public Infrastructure, international governance for AI in focus
G20 Declaration has welcomed the 'G20 Framework for Systems of Digital Public Infrastructure', recognising the role of DPI in the delivery of services at a societal scale, and underlined the commitment to work together to promote cooperation on international governance for Artificial Intelligence (AI). Union Minister Rajeev Chandrasekhar described the Declaration as a «tremendous achievement». «India's #G20 Presidency is going to leave an indelible impression on the world order as we move forward,» Chandrasekhar, Minister of State for IT and Electronics, said in a post on X (earlier Twitter).
09.09 / 16:51
Provident Cooper Mobile Toyota FLEX country Global Biofuel Alliance a critical step towards a sustainable future: Toyota Kirloskar Executive Vice President Vikram Gulati
India launched the Global Biofuels Alliance on Saturday with Prime Minister Narendra Modi urging G20 nations to join the initiative with a plea to take ethanol blending with petrol globally to 20 per cent. Industry body CII in a statement said that the Global Biofuels Alliance (GBA) will accelerate sustainable biofuel deployment and support the global energy transition. GBA will spawn international cooperation especially among agriculturally endowed countries for furthering the goals of inclusive and green growth. India's net carbon zero goal of 2070 will also receive a fillip, it opined.
09.09 / 16:47
Facebook Platform country cover G20 Summit: ‘Bali was Bali, New Delhi is Delhi’ Jaishankar defends Delhi Declaration text on Russia-Ukraine conflict
Leadership Declaration that called upon for peace in Ukraine. While the adoption of the declaration was hailed as something with ‘100% consensus', and ‘historic’, it also earned criticism for being silent on Russia, and for talking about war ‘in Ukraine’ instead of war ‘against Ukraine’.
09.09 / 16:47
MET Cooper Progressive Mobile country Sunak negotiations PM Narendra Modi meets with UK Prime Minister Rishi Sunak, discuss progress of India-UK FTA negotiations
Narendra Modi met UK PM Rishi Sunak on Saturday, during the latter’s first visit to India, on the sidelines of the G20 Summit in New Delhi. This was Sunak’s first visit to India after taking office as Prime Minister in October 2022. “The two leaders noted with satisfaction the progress in diverse areas of bilateral cooperation as per the India-UK Comprehensive Strategic Partnership as well as the Roadmap 2030, particularly in economy, defence and security, technology, green technology and climate change, health and mobility sectors.
09.09 / 16:43
COST UPS Citi Provident Parke country social How more homeless encampments in Ontario signal a housing crisis out of control
Homeless encampments have been multiplying across Ontario since the pandemic, but experts say this visible symptom of the national housing crisis has been a long time coming.
09.09 / 16:35
performer country voice song events G20 Summit Day 2: Rajghat visit, tree planting ceremony- events scheduled for leaders on 10 September
G20 Summit in national capital Delhi. The G20 leaders saw a productive day 1 on Saturday, 9 September. The important decisions taken on the first day of the G20 Summit included adoption of the New Delhi Leadership Declaration, announcement of a mega India-Middle East-Europe economic corridor and induction of the African Union (AU) as permanent member of the Group of 20.
09.09 / 16:35
show country voice social Morocco reels after hardest quake in 120 years, death toll crosses 1000
ALSO READ: Morocco Earthquake: ‘India ready to offer all possible assistance', says PM ModiVideos and pictures shared on social media showed mountains of rubble and dust clouds as walls gave way to the earthquake's intensity. In other posts, frightened locals could be seen fleeing into the street and out of nearby buildings in search of safety.

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