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Showing posts from February, 2023

The Future of Global Economic Governance: G20 Summit 2023 Discussion

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Each year, the 20 biggest economies in the world convene at the G20 Summit to address issues affecting the global economy and to coordinate policy. The United States, Canada, Japan, Germany, France, the United Kingdom, Italy, Russia, China, India , South Korea, Australia, Turkey, Indonesia, Saudi Arabia, Argentina, Brazil, Mexico, South Africa, and the European Union are all members of the G20, which was founded in 1999. Leaders will have the chance to debate topics like trade, investments, global economic growth, financial market regulation, and poverty alleviation during the G20 Summit. Heads of state or government, finance ministers, governors of central banks, and other senior officials typically attend the meeting. The G20 Summit is regarded as a crucial forum for advancing global economic cooperation and tackling some of the most urgent economic issues today. In addition to the main summit, several G20 working groups and task forces have a number of meetings and events throughout...

ABB Is To Invest 1000 Crores In India Over Next 5 Years

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ABB is a global company that specializes in electrification, automation, and digitalization technologies. India is one of the fastest-growing economies in the world, with a rapidly expanding market for electrification and automation solutions. ABB India plans to invest Rs 1,000 crore in business capacity expansion over the next five years. There are several reasons why ABB may have decided to invest in India: Growing Demand: India's rapid industrialization and urbanization have led to a surge in demand for electrification and automation technologies across various sectors such as power, transportation, and manufacturing. ABB may have decided to invest in India to tap into this growing demand. Favourable Government Policies: The Indian government has launched several initiatives to boost foreign investment in the country, such as 'Make in India' and 'Digital India'. These policies aim to make India an attractive investment destination for companies such as ABB. S...

ET GLOBAL BUSINESS SUMMIT 2023 HIGHLIGHTS

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 “Humanity will be proud of itself after 100 years by studying the capability shown by India during the biggest crisis in 100 years” India has entered the 'Amrit Kaal' of its independence, a period of national development and glory. To achieve the Prime Minister's vision of becoming a USD 5 trillion economy, the nation's Business leaders, State Governments, and Visionaries must work together to drive 'Economic Change'. Global Business Summit, a flagship initiative of The Times Group, will provide a platform to bring together visionaries, thought leaders, heads of state, policymakers, climate advocates, academicians, and corporate heads to cohesively drive this agenda and exert the momentum needed to achieve this glorious vision. Global Business Summit 2023 seeks to provide solutions to key macroeconomic challenges by curating government-to-government interactions, business-to-government meetings, and business-to-business engagements to secure investments from d...

India is on the path to growth

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India has every right to be confident about its future and its developmental plans. India has gotten an FDI of 950 million dollars since 1947 and 532 million dollars of them have been in the past 90 months. For 8 consecutive years since 2015, India has been breaking its own FDI record.  Not just us, but the entire world is confident that India is on the right track. Here’s why India has tremendous growth potential : India has a large and expanding population of nearly 1.3 billion people, creating a considerable market for goods and services. With a median age of 28 years, the population of the nation is likewise young, creating a sizable pool of potential workers and customers. Economic Reforms: In recent years, India has implemented a number of economic reforms, such as the establishment of the goods and services tax (GST) and the Insolvency and Bankruptcy Code (IBC). These changes have boosted India's business climate and made doing business there simpler. Growing Middle Class: ...