G20 FOREIGN MINISTERS MEETING
PM Modi to meet Vladimir Putin during 2-day visit to Russia starting Monday, Kremlin says
Indian PM Modi will visit Russia to meet President Putin. Since the Ukraine conflict, India and China have become major buyers of Russian oil post-U.S. sanctions. Modi, emphasizing peaceful settlement, skipped the Shanghai Cooperation Organization in Kazakhstan, attended by Putin and Xi Jinping. Modi last visited Russia in 2019 for the Vladivostok economic forum.
Bihar set to play important role in becoming growth engine of country: Bihar Minister Nitish Mishra
Bihar's government showcased the state's potential in textiles, IT, manufacturing, and tourism at an event in Kolkata. The efforts to attract investors and dispel negative perceptions aim to position Bihar as a key player in India's growth story. With upcoming events and roadshows, Bihar is gearing up to become a prominent investment destination, emphasizing its strengths in various sectors.
PM Modi's visit fits perfectly into Russia's strategic foreign policy, Says Sergey Lavrov
Modi is scheduled to visit Moscow in the second week of July for the annual bilateral summit, which will focus on defence, energy, trade and connectivity partnership. The Russian foreign minister also batted for Russia-India-China (RIC) partnership. "Yevgeny Primakov promoted the idea of multipolarity and created the Russia-India-China troika. It does not meet often, but we are planning to hold an RIC conference. RIC is the progenitor of Brics... It was actually Yevgeny Primakov's idea that the Russia, India and China triangle should become the symbol of the multipolar world, and its core," he said.
New survey reveals nearly 74% Indians support taxing the super-rich; Here's why
As the G20 finance ministers' meeting approaches, a new survey shows overwhelming public support for a wealth tax on the super-rich. Conducted by the Earth4All initiative and Global Commons Alliance, the survey reveals that 74 per cent of Indians support wealth taxation to address global issues like hunger, inequality, and climate change. The meeting will discuss implementing a global minimum tax on the ultra-rich, potentially reshaping global economic policies.
Where does India stand in Africa’s $3 trillion opportunity?
As African nations overcome long-standing social and political misconceptions, the continent is poised to unlock its immense economic potential, offering a wealth of opportunities for strategic investors and businesses prepared to navigate this dynamic market.
G7 Summit: Italy PM Meloni welcomes PM Modi as India participates as an 'Outreach nation'
Prime Minister Narendra Modi arrived in Italy's Apulia to attend the G7 Outreach Summit, where he was welcomed by Italy's Prime Minister Giorgia Meloni. During the summit, PM Modi met with President Emmanuel Macron of France, Prime Minister Rishi Sunak of the United Kingdom, and President Volodymyr Zelenskyy of Ukraine. This visit marks PM Modi's first state visit in his third consecutive term, highlighting the importance of India's strategic partnerships and cooperation in regions like the Indo-Pacific and the Mediterranean. The G7 summit is being held in Italy's Apulia region from June 13-15.
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Committed to work together: Canadian PM Justin Trudeau on meeting with PM Modi
The meeting which took place on the sidelines of the G7 Summit in Apulia, southern Italy, is the first amid strained diplomatic relations over pro-Khalistani extremism after Trudeau alleged that Canadian authorities are “actively pursuing credible allegations" related to Indian government involvement in the murder of Hardeep Singh Nijjar, a designated terrorist.
G7 Summit: PM Modi has 'delightful conversation' with leaders of Turkey, UAE, Brazil; also meets Jordan King
Prime Minister Narendra Modi engaged in discussions with leaders from Turkey, the UAE, Brazil, and Jordan on the sidelines of the G7 Summit. PM Modi had a pleasant exchange with Turkish President Recep Tayyip Erdogan, UAE President Mohammed bin Zayed Al Nahyan, and Brazilian President Luiz Inacio Lula da Silva. The four leaders also took a moment to pose for a photo together during the Summit, which PM Modi shared on social media, highlighting the ongoing interactions in Italy.
G7 Summit: Italian PM Giorgia Meloni's 'Namaste' greeting goes viral
During the G7 Summit in Italy, Italian PM Giorgia Meloni's greeted leaders with the 'Namaste' greeting. Modi's trip, his first abroad since re-election, prioritizes discussions on AI, energy, Africa, and the Mediterranean. The summit's objectives include promoting economic growth, addressing environmental challenges, and confronting international security issues, notably the conflict in Ukraine and Gaza.
G7 Summit: PM Modi's bilateral meeting with Italian PM Meloni at 10:30 PM; Check his full schedule here
G7 Summit 2024 Agenda: The agenda for the G7 Summit 2024 includes Prime Minister Modi's attendance in Italy at the annual gathering of advanced economies. According to Foreign Secretary Vinay Kwatra, PM Modi's participation offers a chance to further develop the results of India's hosting of last year's G20 summit. Kwatra also highlighted that India's consistent involvement in the G7 reflects growing acknowledgment of New Delhi's endeavors to tackle global issues.
AI, energy, Africa to be in focus, says PM Modi as he leaves for Italy for G7 outreach session
Prime Minister Narendra Modi is set to attend an Outreach session at the G7 summit in Italy, focusing on artificial intelligence, energy, Africa, and the Mediterranean. This visit marks his first foreign trip after being elected for a third term. The summit is expected to address global issues such as the conflict in Ukraine and Gaza. Modi will also hold a bilateral meeting with Italian Prime Minister Meloni to strengthen the India-Italy strategic partnership. The G7 comprises the US, the UK, France, Italy, Germany, Canada, and Japan, with Italy currently holding the presidency.
PM Modi to attend G7 summit in Italy; Here are the key global issues on the agenda
Prime Minister Narendra Modi will participate in the 50th G7 Summit in Italy from June 13 to 15, 2024. The summit will address critical issues such as Africa, climate change, development, AI, and global conflicts. Modi will hold bilateral talks with Italian PM Giorgia Meloni and engage with other world leaders. This visit will also allow him to follow up on the outcomes of the G20 Summit under India's presidency.
As external affairs minister, Jaishankar crafted an assertive foreign policy approach
The 69-year-old Jaishankar, whose illustrious diplomatic career spanned four decades, on Sunday took oath as a member of Prime Minister Narendra Modi's Cabinet.
Narendra Modi's first foreign trip likely to be Italy; PM Giorgia Meloni invites him for G7 summit starting Thursday
PM Narendra Modi is poised to make his first foreign trip to Italy, accepting an invitation from Italian Prime Minister Giorgia Meloni to attend the G7 Summit from June 13 to 15. Modi's participation underscores India's growing global relevance. Additionally, India's involvement in upcoming events such as the Swiss Peace Summit, US NSA Jake Sullivan's visit, and the SCO Summit in Kazakhstan further solidifies its diplomatic engagements on the world stage.
Will new FM support global effort for 'billionaire tax': Congress asks ahead of swearing-in
Congress questions if India's new finance minister will support the global 'billionaire tax' effort and if the prime minister will side with common people or billionaires ahead of the swearing-in ceremony.
I have not been invited to the swearing-in, so I'll be watching the India vs Pakistan match: Shashi Tharoor
Congress leader Shashi Tharoor mentioned that he had not been invited for Narendra Modi's swearing-in ceremony on June 9. He said that he had opted to watch the India vs Pakistan match instead. Tharoor approved of the tradition of inviting neighboring countries but highlighted the absence of an invitation to the Pakistan's prime minister. He also discussed Maldives President Mohamed Muizzu's attendance, hoping for productive discussions during the event to address mutual interests.
Italy could play significant role in boosting India's advanced manufacturing capacity: Vincenzo de Luca
Italy's outgoing Ambassador to India highlights the crucial role of collaboration with India in advanced manufacturing to boost India's manufacturing capacity. Bilateral trade between Italy and India has seen significant growth, with a focus on machinery, automotive products, and luxury goods from Italy, and aluminium, steel, and iron from India.
UK PM Rishi Sunak congratulates Modi, to meet at G7 Summit in Italy
British Prime Minister Rishi Sunak congratulated Prime Minister Narendra Modi on his election victory, emphasizing the thriving UK-India relationship. Both leaders agreed to stay in touch before meeting at the G7 Summit in Italy, where Modi has been invited by Prime Minister Giorgia Meloni. Sunak, currently campaigning for the UK general election on July 4, expressed hope for a fourth term for his Conservative Party. The UK-India free trade agreement remains stalled, with further negotiations expected after the UK general election.
Domestic equity-oriented MFs vs global themes: Should you diversify to mitigate risks?
Domestic equity-oriented mutual funds have outperformed foreign-themed schemes in the last year, with average 1-year returns at 44% for local equities compared to 21% for overseas funds. Experts recommend diversifying with foreign-themed mutual funds for global diversification and risk mitigation.
Need to think about capital markets reforms 2.0 to meet needs of growing economy: CEA
Chief Economic Adviser V Anantha Nageswaran called for capital market reforms 2.0 at the CII Annual Business Summit, emphasizing India's upcoming inclusion in JP Morgan and Bloomberg bond indices and the importance of managing foreign flows.
India friend of world; we expect it to help bring peace to Ukraine: Switzerland ahead of peace summit
Swiss State Secretary of Foreign Affairs Alexandre Fasel expects India, as a friend of the global community, to play a key role in bringing peace to Ukraine. India's participation in the Switzerland summit is crucial for the peace process, given its influence in diplomatic terms worldwide. India's expertise in conflict transformation and peace promotion is highly valued.
Global debt crisis impacting nearly 95 countries: G20 Sherpa Amitabh Kant
G20 Sherpa Amitabh Kant emphasized the challenges posed by the Russia-Ukraine war and tensions in the Middle East for global stability and economics. He stressed the need for urgent action to pursue inclusive and sustainable growth strategies in the face of a global debt crisis affecting nearly 95 countries, while maintaining focus on achieving the Sustainable Development Goals (SDGs) by 2030.
India offers support for Bangladesh's Teesta reservoir project: Foreign Minister Hassan Mahmud
India has offered its support to construct a reservoir on the cross-border Teesta River in Bangladesh, Foreign Minister Hassan Mahmud said on Thursday, after visiting Foreign Secretary Vinay Mohan Kwatra met him and called on Prime Minister Sheikh Hasina.
G7 foreign ministers' communique warns of new sanctions on Iran and urges de-escalation
The Group of Seven (G7) foreign ministers, including Italy's Antonio Tajani, warned of potential new sanctions against Iran following its drone and missile attack on Israel. They urged both sides to avoid further escalation of the conflict. The ministers, meeting in Italy, adjusted their agenda to address the latest developments.
G20 finance ministers meet on world economy hit by crises, conflicts
G20 finance ministers discuss global economy, support against Russia's invasion, frozen assets for aid to Kyiv. Economic risks of cost-of-living crisis, climate change, and Middle East conflict are also on the agenda. G20 aims to address poverty, debt burdens, developing countries' representation, and international taxation, there are talks of plans to set up a fund for Ukraine.
Address geopolitical issues constructively and find common ground: India at G20 FMM in Brazil
Speaking during a session titled, 'G20's role in dealing with ongoing international tensions', Minister of State for External Affairs V Muraleedharan touched upon multiple conflict points and advocated India's position on them.
Mos MEA V Murleedharan meets US Secretary of State Antony Blinken in Rio
Union Minister of State V Murleedharan had a brief discussion with US Secretary of State Antony Blinken at the G20 Foreign Ministers meeting in Rio. Brazil assumed the presidency from India. India expressed support for Brazil and discussed various international issues including Russia-Ukraine conflict and Israel-Hamas war.
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