The key downside risks which could derail the fragile global recovery are – weak demand, tighter financial markets, softening trade and volatile capital flows, he noted.
The Turkish military has put in place an around-the-clock air defence system to prevent any possible missile or drone attacks.
Besides terrorism, Modi is also likely to raise issues of climate change and global cooperation to unearth black money, among others, during the two-day meeting beginning Sunday.
“Recent episodes of market volatility and currency movements again pose a lingering question on the need for global safety nets for addressing market concerns,” said Jaitley.
The minister also raised the issue of quota reforms at the International Monetary Fund (IMF) with a view to increase the representation of developing countries in the multilateral lending agency.
Modi was the first Indian premier to visit Fiji after Indira Gandhi who had come in 1981.
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The spokesperson said PM Modi believes that children should know as many languages as possible.
PMO said that India’s concerns on black money and tax avoidance have been taken on board in G20.
“The central issue is now employment as we always wanted; growth without jobs is meaningless,” said Suresh Prabhu.
“There is bound to be resistance to change or reform. But it cannot be done in stealth,” said Modi.
Prime Minister Narendra Modi on Saturday carried on with his hectic international diplomacy holding parleys with world leaders, including US President Barack Obama, over bilateral meetings and informal discussions on the fifth day of his whirlwind three-nation 10-day tour. More meetings are on the anvil during the remaining days in Australia and Fiji, where he will be making a […]
India to announce its candidate for New Development Bank President before seventh BRICS Summit in Russian city of Ufa.
Four Russian warships have entered international waters off the northeast Australian coast to coincide with Putin’s visit to Australia
Ebola has killed around 5,000, according to the World Health Organisation.