The ratings agency said surprisingly strong data in the first half of the year prompted it to raise 2017 growth forecasts for China to 6.8 percent from 6.6 percent, for South Korea to 2.8 percent from 2.5 percent, and for Japan to 1.5 percent from 1.1 percent.
Sherpas, who are usually diplomats or senior level officials often meet prior to an event to even out differences between member nations in regard to the policies and programs of their states
Panagariya announced that he will leave the government think tank on August 31 and return to Columbia University. He was appointed India's Sherpa for G20 talks in September 2015, replacing Railway Minister Suresh Prabhu.
The G20 group noted that India is popularising a number of derivative instruments in exchanges or electronic trading platforms in the financial sector.
The G20 leaders said they remain committed to fighting corruption through practical international cooperation and technical assistance.
Russian President Vladimir Putin on Saturday said a compromise found on the issue of climate change that divided US leader Donald Trump from other world leaders at the G20 summit is "optimal".
In a final statement agreed by all 20 economies, 19 members including Russia, China and the European Union acknowledged Trump's decision to go his own way on taking the US out of the 2015 Paris climate accord.
Continuing his series of bilateral meetings here on the sidelines of the G20 Summit, Modi also met South Korean President Moon Jae-in and Italy's Prime Minister Paolo Gentiloni. He held a bilateral meeting with President of Argentina Mauricio Macri.
Trump said he had a "tremendous meeting" with Putin as he sat alongside May for a morning exchange on the sidelines of an international summit in Germany.
The outcome represents a compromise with Trump who wants to do more to protect domestic companies from foreign competition through his "America First" policy.
India and eight other nuclear armed nations, including the US, China and Pakistan did not participate in the negotiations for the legally binding instrument to prohibit atomic weapons.
Modi talked to many top world leaders, including US President Donald Trump, British Prime Minister Theresa May, German Chancellor Angela Merkel and French President Emmanuel Macron.
Addressing the G-20 Summit here, PM Modi equated Lashkar-e- Taiba with Jaish-e-Mohamamd to ISIS and Al-Qaeda, saying that their names may be different but their ideology is the same.
The German riot police was seen drawing water cannons and pepper spray on protesters whereas the protesters retaliated using bottles and smoke bombs.
Yes, the Chinese Foreign Ministry on Thursday denied any bilateral meeting between the Chinese President and the Indian PM, citing unconducive atmosphere. And the official spokesperson of Indian Ministry of External Affairs did not mention any Sino-India meeting while listing out PM Modi's bilateral engagements on the sidelines of G-20 Summit. However, the Indian spokesperson did mention that PM Modi will attend the BRICS Summit in Hamburg.
The billionaire tycoon and the ex-KGB agent's meeting in the German port city of Hamburg promises to be one of the year's most scrutinised political encounters.
While host German Chancellor Angela Merkel welcomed the leaders to open the 12th G20 Summit, a separate meeting of BRICS leaders took place on the sidelines. The official details of the BRICS meet could not be immediately ascertained. Outside the Summit venue, violent protests continued by various rights groups, including anti-capitalist groupings.
It is expected that Prime Minister Narendra Modi will reinforce India’s commitment to the Paris climate accord and renewable energy.
Ahead of the G20 leaders summit this weekend in Hamburg, IMF Managing Director Christine Lagarde said the mood is upbeat given the now one-year-old recovery.
Trump is preparing for the two-day Group of 20 meeting that starts in Hamburg, Germany, on Friday, just over a month after a G7 summit in Sicily showed deep divisions between Trump and other Western leaders on such issues.
Ahead of the H20 summit in Hamburg, the Financial Stability Board has listed India among countries that are 'compliant or largely compliant' on implementation of priority area reforms.
In its report on G20 trade measure, the Geneva-based multi-lateral body has also stated that trade restriction measures in G20 economies have risen at a moderate rate despite an uncertainty in global economy.
During his stay in Washington and New York, he will hold meetings with American CEOs and institutional and pension fund investors, where he will pitch India as a favourable investment destination.
“At a time when governments must fight to restore the public’s faith in cross-border economic cooperation, blockchains can play a critical role in strengthening economic resilience while ensuring the global economy works to the benefit of all,” the G20 statement read.
U.S. President Donald Trump has accused Japan of exploiting a weak yen to give exports an unfair trade advantage, leaving Japanese policy-makers worried that Washington may upend a G20 agreement that gives Tokyo room to intervene in the currency market to stem any unwelcome yen spike.