Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

2023: India displayed statecraft and influence in leading G20

The Business Guardian

|

January 01, 2024

In a year marked by great geopolitical unrest, India showed its statecraft by forging an ambitious roadmap to address major global challenges with the support of the G20 and by taking a steely stance to increase its strategic heft in the neighbourhood and beyond in response to China's increasingly assertive actions.

2023: India displayed statecraft and influence in leading G20

Induction of the 55-nation African Union as a permanent member of the G20 and managing to produce a leaders' declaration overcoming deep divisions over the Ukraine conflict were seen as major milestones of India's year-long presidency of the grouping of the world's 20 big economies in 2023.

It was for the first time that India hosted the annual G20 summit, and New Delhi pulled out all the stops in rolling out a grand welcome to the top leaders of the bloc, including US President Joe Biden, German Chancellor Olaf Scholz, French President Emmanuel Macron, and British Prime Minister Rishi Sunak. Chinese President Xi Jinping and Russia's Vladimir Putin skipped the summit.

Under its year-long G20 presidency that ended on November 30, India hosted over 200 meetings in around 60 cities across the country, focusing on a variety of issues like inclusive growth, digital innovation, climate financing, and equitable global health access, with an aim largely to benefit the Global South or developing countries.

"The 21st century is a time that has the potential to give a new direction to the entire world," Prime Minister Narendra Modi said at the G20 summit. The G20 New Delhi leaders' declaration comprised about 83 paragraphs and 87 outcomes, covering a wide range of areas for cooperation as well as possible solutions to some of the pressing global challenges, including renewable energy and climate change.

MORE STORIES FROM The Business Guardian

The Business Guardian

The Business Guardian

SEEDING START-UPS IN CLASSROOMS: DELHI'S BOLD NEW STEP IN EDUCATION

Delhi has introduced a groundbreaking school curriculum to nurture entrepreneurship from Class 8 onwards, preparing students to become innovators and leaders of tomorrow.

time to read

2 mins

September 25, 2025

The Business Guardian

Rs recovers 2 paise against US dollars

The rupee recovered 2 paise from its all-time closing low to settle at 88.71 (provisional) against the US dollar on Wednesday, as steep tariffs and H-1B visa related issues kept the domestic unit under pressure.

time to read

1 min

September 25, 2025

The Business Guardian

The Business Guardian

Report: Positive long-term outlook for Indian markets

Indian equity markets retain a positive long-term outlook, backed by a normal monsoon, sustained policy reforms, government capex, and the financialization of savings -- which continue to underpin India's growth trajectory, according to PL Wealth, the wealth management arm of PL Capital (Prabhudas Lilladher).

time to read

1 min

September 25, 2025

The Business Guardian

The Business Guardian

Pahang – The Heart of Malaysia Strengthens Tourism Ties with India Through Exclusive 2025 Roadshow

Tourism Pahang is set to deepen its engagement with the Indian travel industry through the highly anticipated Pahang Roadshow to India 2025, taking place on 24 September in New Delhi and 26 September in Chennai.

time to read

1 min

September 25, 2025

The Business Guardian

The Business Guardian

Youth loan growth slows to 6%

Growth in loan originations for younger consumers slowed to six per cent in the quarter ended June 2025, down from nine per cent in the same period last year, according to TransUnion CIBIL’s September 2025 Credit Market Report.

time to read

1 mins

September 25, 2025

The Business Guardian

The Business Guardian

Rahul Gandhi urges PM Modi for Comprehensive Punjab flood relief

Congress leader Rahul Gandhi on Monday again urged Prime Minister Narendra Modi to immediately announce a comprehensive relief package for Punjab following devastation caused by floods in the state.

time to read

1 mins

September 25, 2025

The Business Guardian

The Business Guardian

From textiles to trinkets: Journey through Jaipur's walled city

Jaipur, the capital of Rajasthan, is known worldwide as the Pink City for its distinct rosy-hued architecture and regal heritage.

time to read

4 mins

September 25, 2025

The Business Guardian

The Business Guardian

EC must respond to Rahul's vote theft claims: AAP

Aam Aadmi Party (AAP) Delhi President Saurabh Bharadwaj on Tuesday said that the Election Commission of India (ECI) is dutybound to respond to allegations of “vote chori” (vote theft) made by Congress leader Rahul Gandhi.

time to read

1 mins

September 25, 2025

The Business Guardian

The Business Guardian

Cabinet clears 78-day bonus for railway staff

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved payment of Productivity Linked Bonus (PLB) of 78 days for Rs 1865.68 crore to 10,91,146 railway employees, in recognition of the excellent performance by the railway staff.

time to read

2 mins

September 25, 2025

The Business Guardian

The Business Guardian

Court acquits Sirsa, 9 others in a protest at AIICC case

The Rouse Avenue court in Delhi has acquitted Delhi Minister Manjinder Singh Sirsa, Manjit Singh GK, and other accused in a 12-year-old case linked with the allegations of organising a protest outside the All India Congress Committee (AICC) against former Congress MP Sajjan Kumar.

time to read

1 min

September 25, 2025

Translate

Share

-
+

Change font size