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Defending India’s stance on importing crude oil from Russia, External Affairs Minister S Jaishankar on Tuesday said that it’s a sensible policy to go where we get the best deal in the interest of the Indian citizens.
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Calling India ’’the pioneer of digital technology,’’ G20 Sherpas and delegates lauded the digital transformation and also used UPI (United Payments Interface) to buy Rajasthani handcraft items at the Shilpgram crafts village in Udaipur, Rajasthan.
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India and Prime Minister Narendra Modi have become the ’’voice of the world’’, especially of the developing countries, in pushing for an end to the Ukraine conflict through dialogue and diplomacy as soon as possible, External Affairs Minister S Jaishankar said on Friday.
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India’s foreign exchange reserves rose for the fourth consecutive week to an over three-month high of $561.16 billion in the week through December 2 as per the Reserve Bank of India’s (RBI) statistical supplement updated on Friday.
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The first meeting of the Finance Track of the Group of Twenty (G-20) under India’s presidency is scheduled to kick off in Bengaluru on Tuesday (13). This meeting, from December 13-15, will be hosted jointly by the Ministry of Finance and the Reserve Bank of India. The Sherpa Track meetings have already begun, with the first one in Udaipur earlier this month.
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UK’s Trade Secretary Kemi Badenoch on Monday begins her India visit with a first face-face meeting with counterpart Union Commerce Minister Piyush Goyal as the sixth round of Free Trade Agreement (FTA) negotiations kicks off between the countries.
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Russia has said that it welcomes India’s decision to not support the price cap on Russian oil announced by the G7 and their allies. Russian Deputy Prime Minister Alexander Novak made the statement during his meeting with India’s Ambassador to Russia, Pavan Kapoor on December 9.
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Bengaluru is all set to host the first meeting of the G20 Finance Track under India’s G20 Presidency. First G20 Finance and Central Bank Deputies Meeting are scheduled to be held in Bengaluru on December 13-15 2022, said Ajay Seth, Secretary, Department of Economic Affairs, Ministry of Finance in an exclusive interview with ANI.
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Despite the election of Xi Jinping for an unprecedented third term, the Chinese Communist Party (CCP) continues to face leadership challenges such as the test of long-term rule, reform and modernisation, revive the market economy and of the external environment, according to di Valerio Fabbri writing in Geopolitica.Info.