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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

The G20 Summit under India’s presidency succeeded in bringing Africa to the table, put the spotlight on climate action and focused on the reform of multilateral development banks, among other key achievements, International Monetary Fund (IMF) managing director Kristalina Georgieva said in an interview to ET. Edited excerpts:What are the key takeaways from India’s G20 presidency? India brought the G20 together, but it did more than that. It invited countries and international organisations; so, we can say the whole world came together. The very first important achievement is the African Union being accepted into G20, which gives a whole continent a voice. I think Prime Minister Modi and the rest of G20 did the right thing to welcome that voice. Second, the Indian presidency brought up ambition on climate action. There was a much stronger sense of urgency to move. Third, on financing, the Indian presidency advanced reform of multilateral development banks and the World Bank, and brought the role of these institutions — as mobilisers of private finance — much more in focus. Four, we have seen the India presidency rallying everybody, (which brought) pledges for lending special drawing rights through IMF to vulnerable middle- and low-income countries to fruition. It started with the Italian presidency, moved to the Indonesian presidency, and now, the pledge has materialised. That means more resources for developing countries.

A new “big eight” of superannuation funds will dominate the $3.5 trillion retirement savings system by uniting under a soon-to-be announced policy and lobby group that will court both sides of politics.

Narendra Modi on Sunday urged world leaders assembled at the G20 leaders’ summit to make global structures, including the UN Security Council, reflective of current realities. Speaking at a summit session, Modi made India’s claim for permanent membership of the UNSC unambiguous and cautioned that it is a natural law that individuals and institutions that do not adapt to change tend to lose their relevance over time.

Chandrababu Naidu to 14 days judicial custody in the skill development scam case. Naidu was arrested by the Andhra Pradesh CID in the wee hours of Saturday.BJP’s national secretary Y Satya Kumar condemned the arrest of Naidu and said that certain procedures must be followed while arresting someone and that there should be a reasonable cause. He said that if that is not followed, one is forced to think that it is an act of prejudice.TDP leader Kesineni Srinivas had on Saturday, written letters to the President, Prime Minister and the Union home minister requesting them to look into the arrest, which he termed “illegal”. “Chandrababu Naidu’s arrest was illegal. He has been arrested in what appears to be a case of a political vendetta,” TDP MP Ravindra Kumar told ET. Kumar was present in the sessions court on Sunday and is part of Naidu’s legal team. TDP supporters on Sunday observed a one-day hunger strike at different locations across the state. Reacting to the arrest, YSR Congress leaders said that anyone who is involved in the misappropriation of public money should be brought to book and Naidu is no exception.

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.

Narendra Modi's initiatives to combat climate change, with Japanese Prime Minister Fumio Kishida praising him for the concept of "Mission LiFE", sources said. During the G20 meetings and sessions, several leaders lauded Modi's efforts to tackle climate change and extended support to his initiatives. «India's vision of 'One Earth, One Family, One Future' is a beacon, which infuses hope for humanity — with inclusivity, equity and prosperity for humanity that touches all of us.

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.

Narendra Modi hugged him after formally inducting the African Union into the G20 family. The AU chairperson added that he thought there would be a debate before a decision is arrived to induct the African Union into the G20 family at but the AU was announced as part of the G20 family at the very outset of the two-day summit on Sunday. "I was about to cry.

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.

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.

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

G20 session towards the end of November to assess the recommendations and resolutions put forth during the recently concluded leaders' summit. As reported by PTI, during the closing session of the two-day G20 summit, Modi pointed out that India's presidency of the G20 will remain in effect until November 30, allowing for more than two months to fulfill its role as the leader of the group. "In the last two days, you have put forward your views, given suggestions and a number of proposals have been put forward.

G20 Summit in New Delhi, Prime Minister Narendra Modi on Sunday proposed holding a virtual session in November this year to review the subjects proposed during the meeting. "India has the responsibility of G20 presidency till November. In these two days, you (world leaders) have expressed several views and put forward various proposals," Modi said.

New Delhi leaders declaration is a significant shot in the arm for India's international heft as it managed to bring nations riven with differences on a single platform. Prime Minister Narendra Modi on Saturday had announced achieving consensus on the New Delhi Leaders Summit Declaration. «Have just got the good news that due to the hard work of our teams and your cooperation, a consensus has been reached on New Delhi G20 Leaders Summit Declaration,» Modi said while addressing the second session of the Summit at the Bharat Mandapam. «It is my proposal that this G20 declaration be adopted,» the prime minister said.

G20 Summit entered its final day on Sunday, Prime Minister Narendra Modi will hold various meetings with eight global leaders including French President Emmanuel Macron, Canadian PM Justin Trudeau, Comoros, Turkey, UAE, South Korea, etc. “PM Modi to hold a working lunch meeting with French President Emmanuel Macron today. The PM will hold a pull-aside meeting with Canadian PM Justin Trudeau and will later do bilateral meetings with Comoros, Turkey, UAE, South Korea, EU/EC, Brazil, and Nigeria," sources told ANI.

G20 Summit, which saw member nations soften their condemnation of Russia for its war in Ukraine. Unlike the 2022 Bali Declaration, the joint declaration in Delhi did not directly name and condemn Russia for its war in Ukraine. This approach has come in from criticism from some quarters.

earthquake that killed more than 2,000 people, as rescue teams raced to find survivors trapped in the rubble of flattened villages. The strongest-ever quake to hit the country has killed at least 2,012 people and injured over 2,059, many of them critically, according to the latest official figures. Friday's 6.8-magnitude quake struck 72 kilometres (45 miles) southwest of the tourist hub of Marrakesh, wiping out entire villages in rural areas. «I've lost everything», said Lahcen, a resident of the mountain village of Moulay Brahim, whose wife and four children were killed. Rescue workers recovered the bodies of Lahcen's three daughters from the rubble of what was once their home, but have not yet found the bodies of his wife and son. «I can't do anything about it now, I just want to get away from the world and mourn.» Troops and emergency services have scrambled to reach remote mountain villages where victims are still feared trapped. Al-Haouz province, where the epicentre of the earthquake was located, suffered the most deaths with 1,293, followed by the province of Taroudant with 452.First funerals Bouchra, another resident of remote Moulay Brahim village, dried her tears with her scarf as she watched men digging graves to bury the victims. «My cousin's grandchildren are dead», she said in a knotted voice. «I saw the devastation of the earthquake live, and I'm still shaking.

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.

Ukraine-Russia war. A consensus that had seemed elusive was achieved following hard bargaining and intense discussions among all G20 negotiating teams amid key meetings, ET has learnt. The need for consensus on the New Delhi Declaration that was adopted on Saturday had also figured in the meeting between US President Joe Biden and Prime Minister Narendra Modi, in the Capital on Friday night. While India was in constant touch with Russia over the issue, external affairs minister S Jaishankar's meeting with Russian counterpart Sergey Lavrov in Jakarta played an important role, ET has learnt. Over Friday and early Saturday, the Prime Minister held critical talks on the issue with visiting leaders.

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