China, Russia object to common statement issued by the FMCBG condemning Russia’s invasion of Ukraine. China says meeting not right forum to discuss geopolitical issues.
She emphasised the need for strengthening global financial safety net, including reviewing IMF's quota resources, which are critical for ensuring predictability of its firepower.
Finance Minister Nirmala Sitharaman says progress made on various issues like regulation of crypto assets, restructuring of debt & taxation frameworks, but these are 'possible takeaways'.
Russia hit back, accusing West of turning work on G20 agenda into “farce” and said Western delegations wanted to shift responsibility for their economic failures onto Moscow.
By David Lawder and Aftab Ahmed BENGALURU (Reuters) - U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting of being "complicit" in atrocities in
Liu Kun, China's finance minister, said international financial institutions & commercial creditors should follow the principle of 'joint action, fair burden' in debt settlements.
International Monetary Fund has forecast global GDP growth for 2023 at 2.9%, up from a 2.7% forecast in October, but still well below the 3.4% achieved in 2022.
The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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