Apple, Google Expanded Phone Production in India; More US Firms to Explore Tech Sector: US Treasury Secretary

Apple, Google Expanded Phone Production in India; More US Firms to Explore Tech Sector: US Treasury Secretary

United States Treasury Secretary Janet Yellen on Saturday said that technology companies like Apple and Google have expanded their phone production in India, and as the US looks forward to the future, she is eager to deepen ties in the technology sector.  United States Treasury Secretary Janet Yellen was speaking…

India’s Push to Regulate Cryptocurrency Gets Support From IMF, US at G20

India’s Push to Regulate Cryptocurrency Gets Support From IMF, US at G20

A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the International Monetary Fund and the United States on Saturday as finance chiefs of the bloc wrap up two-days of talks. India has said it wants a collective global effort to deal with problems…

How Emerging Economies Are Reshaping the International Financial System — Global Issues

How Emerging Economies Are Reshaping the International Financial System — Global Issues

Source: Authors’ analysis Opinion by Ian Mitchell, Sam Hughes (london) Thursday, February 23, 2023 Inter Press Service LONDON, Feb 23 (IPS) – It’s been 25 years since the 1997 Asian financial crisis led to the creation of the G20 forum for finance ministers; and 15 years since this became a leader-level…

FM Nirmala Sitharaman, US Treasury Secretary Janey Yellen Discuss Debt, Crypto at G20 Meet

FM Nirmala Sitharaman, US Treasury Secretary Janey Yellen Discuss Debt, Crypto at G20 Meet

Indian Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen discussed strengthening multilateral development banks, global debt vulnerabilities and crypto assets on the sidelines of the G20 finance chiefs meeting on Thursday, the finance ministry said. Yellen is expected to brief reporters later in the day and take part in…

India, Other G20 Finance Chiefs to Discuss Debt, Crypto, Inflation

India, Other G20 Finance Chiefs to Discuss Debt, Crypto, Inflation

G20 finance ministers and central bank governors will discuss debt troubles in developing economies, crypto currencies and global inflationary pressures at a meeting later this week, Indian officials said on Tuesday. The February 22-25 meeting in the Nandi Hills summer retreat near Bengaluru is the first major event of India’s…

RBI Permits Use of Mobile-Based UPI Payments for Travellers From G20 Nations

RBI Permits Use of Mobile-Based UPI Payments for Travellers From G20 Nations

The Reserve Bank on Friday issued instructions permitting travellers from G20 nations to use the mobile-based Unified Payments Interface (UPI) to make payments while in India. UPI is a system that bunches multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing and merchant payments…

IMF Teams up with India to Formulate Global Level Crypto Laws Under G20 Framework

IMF Teams up with India to Formulate Global Level Crypto Laws Under G20 Framework

India has welcomed the International Monetary Fund (IMF)’s aid in its quest to formulate crypto laws that would work on an international level. The development has been confirmed by Ajay Seth, Secretary of India’s Department of Economic Affairs. India took over the presidency of the G20 group of nations in…

Security Policy is more than Defence with Weapons — Global Issues

Security Policy is more than Defence with Weapons — Global Issues

Opinion by Herbert Wulf (duisburg, germany) Wednesday, January 11, 2023 Inter Press Service DUISBURG, Germany, Jan 11 (IPS) – If our societies are to become resilient and sustainable, our priorities must change towards de-escalation, including in diplomacy and economy. Putin’s war against Ukraine has not only damaged the international cooperative security…

Is There Hope for Anti-Corruption Efforts Within the G20? — Global Issues

Is There Hope for Anti-Corruption Efforts Within the G20? — Global Issues

Many of the global crises we face are caused or exacerbated by corruption. Credit: Ashwath Hedge/Wikimedia Commons Opinion by Sanjeeta Pant, Blair Glencorse (washington dc) Tuesday, September 27, 2022 Inter Press Service WASHINGTON DC, Sep 27 (IPS) – As global crises mount, the G20 is proving unable to find solutions. Political…