Taking to X, US President said, “At a moment when the global economy is suffering from the overlapping shocks of the climate crisis, fragility, and conflict, this year’s Summit proved that the G20 can still drive solutions to our most pressing issues.”
Andreas Schaal stated that India has taken the G20 Presidency at a crucial moment of the global economy in which the world needs sustainable resilient growth.
With the global economy facing uncertainty and instability in recent years vis-à-vis geopolitical developments, the role of the G20, as a platform connecting the world’s major developed and emerging economies, assumes greater significance in shaping the global trends.
On her fourth visit to India in 10 months, Secretary Yellen will focus on strengthening the global economy and supporting low and middle-income countries by advancing the Multilateral Development Bank (MDB) evolution, debt restructuring, and the IMF’s Poverty Reduction and Growth Tr
Stressing that the Insolvency and Bankruptcy Code, implemented in 2016, is a crucial milestone in the economic reforms, Prime Minister Narendra Modi on Saturday said that India, which used to be counted among the "Fragile Five" economies, is now being considered a bright spot in the globa
Riga [Latvia], August 25: The Institute of Economics of the Latvian Academy of Sciences will be organising its VI International Economic Forum under the theme Open Innovation: from the Creativity of the Individual to an Innovative Science-Based Economy from September 2
Commerce and Industry Minister Piyush Goel has said that Micro, Small and Medium Enterprises play a crucial role in the global economy and that they drive innovation, create jobs and contribute significantly to overall economic growth
"We have moved away from red tape to red carpet and liberalised Foreign Direct Investment flows. Initiatives like 'Make in India' and 'Atma Nirbhar Bharat' have given a boost to manufacturing. Above all, we have brought policy stability. We are committed to making India the third-largest
S&P Global Market Intelligence has revised the global real GDP growth forecast for 2023 to 2.5 per cent, primarily owing to upward revisions in the US forecast.
Bangladesh has also shown interest to be a member of the major emerging economies — Brazil, Russia, India, China and South Africa grouping. All of them are members of the G20 and represent about a quarter of the global economy and account for 41.9 per cent of the world’s population, Dhaka Tr
“PM Modi underscored the remarkable journey India has embarked upon, ascending from the 10th largest global economy in 2014 to the 5th largest in 2023”, read the Prime Minister’s office press release.
In his 10th address from the ramparts of the Red Fort today, PM Modi said, "The world has still not recovered from Corona. The war gave rise to another crisis. Today, the world is facing the crisis of inflation. Inflation has the entire global economy in its clutches...It is unfortunate t