Indian-American Ajay Banga, who is in Gandhinagar in Gujarat to attend the third G20 Finance Ministers and Central Bank Governors Meeting, met Jaishankar on Wednesday and talked about India’s endeavours to “propel larger development.”
“Managing global debt vulnerabilities is a significant priority area for 2023, reflecting the Indian Presidency’s endeavour to voice the concerns of the Global South,” the outcome document of the meeting read.
“While this progress is important and welcome, the debt restructuring process still needs to be speedier and more effective. The costs of delays in reaching an agreement on needed debt treatments are borne acutely by borrower countries and their people, who are least able to bear th
Reserve Bank of India Governor Shaktikanta Das met World Bank President Ajay Banga during the G20 Summit in Gandhinagar, Gujarat and discussed various issues.
World Bank President Ajay Banga on Monday said that he is more optimistic today about India economically than he has been for a long time and lauded the government’s initiatives towards digitization of infrastructure
Global economic growth is below its long-run
“Since we last met in April, the global economic growth is below its long-run average and remains uneven further the uncertainty around the outlook remains high and downside risks to the outlook still persist,” Sitharaman said.
The Reserve Bank of India (RBI) has showcased its innovations -- ‘Frictionless Credit’ and ‘Central Bank Digital Currency’ -- at the innovation pavilion on the sidelines of the 3rd meeting of Finance Ministers and Central Bank Governors (FMCBG) under India’s G20 presidency here at the Mahatm
In order to fast-track its energy transition, the United States (US) is working with India on an investment platform to deliver a lower cost of capital and increased private investment, US Treasury Secretary, Janet Yellen said on Monday.
Addressing a press conference after meeting with US Treasury Secretary, Janet Yellen the Finance Minister Nirmala Sitharaman said, "I look forward to furthering our bilateral interests through development cooperation and new investment opportunities through alternate investment platforms
Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday met with Thomas Jordan, the Chairman of Governing Board, Swiss National Bank, during the 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting.
The Union finance minister is on an official two-day visit to Niigata, Japan, for a 'Dialogue with partner countries' at the G7 Finance Ministers and Central Bank Governors meeting tomorrow (May 12, 2023), according to a tweet from the finance ministry.
The meeting was held on the sidelines of the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, DC from 10th to 16th April, and discussed key strategic issues and economic growth in the region, in addition to future prospects and fisca