G20 leaders face pressure to deliver on growth
The world`s top industrial nations have vowed to boost their combined economic output by some two trillion dollars above the currently projected level in the next five years, via domestic policy reforms.
Nov 16, 2014, 08:30 AM IST
G20: Modi makes strong pitch for repatriation of black money
Prime Minister Narendra Modi on Saturday pitched for global cooperation on repatriation of black money stashed abroad as the summit of G20 countries opened here amidst intense pressure from within on tackling the menace.
Nov 15, 2014, 19:52 PM IST
US can't carry world economy on its back: Barack Obama
"So here in Brisbane the G20 has a responsibility to act, to boost demand and invest more in infrastructure and create good jobs for the people of all our nations," Obama said.
Nov 15, 2014, 11:22 AM IST
EU's Juncker defends position, urges global tax evasion fight
Tax is a key issue at this weekend`s gathering of world leaders in the sun-baked Australian city, with the host country Friday vowing a "very aggressive" crackdown on tax avoidance.
Nov 15, 2014, 09:07 AM IST
''G20 to focus on economic growth, infrastructure and tax avoidance''
Hockey, who is chair of the G20 finance ministers, made these remarks before finance ministers of G20 nations gathered for a special meeting, just before the world leaders summit.
Nov 15, 2014, 09:02 AM IST
Business tops agenda as Modi meets Cameron, Abe ahead of G20
Modi held talks with an EU team headed by Rompuy, who said the bloc was keen to "re-engage" with India in all areas, especially trade. Modi told him that the "EU should take advantage of the new economic environment in India".
Nov 14, 2014, 22:45 PM IST
G20 set for 'very aggressive' crackdown on tax avoidance
Closing corporate tax loopholes and endorsing a common reporting standard to increase transparency are set to be a primary focus of the G20 summit in Brisbane this weekend.
Nov 14, 2014, 15:44 PM IST
Australia hails India, US agreement on food security
The US agreed to India's proposal on food security issues at WTO on Thursday, a development that will pave the way for a breakthrough to end the three-month long stalemate.
Nov 14, 2014, 15:41 PM IST
OECD sees competition heating up once tax havens shut down
Closing corporate tax loopholes and endorsing a common reporting standard to increase transparency are set to be a primary focus of the G20 summit in Brisbane this weekend.
Nov 14, 2014, 09:37 AM IST
G20 host Australia slams corporate tax 'theft'
Australia has enthusiastically backed calls to close corporate tax loopholes in its role as host of this weekend`s G20 summit in Brisbane, making it a primary focus of the meeting.
Nov 13, 2014, 13:38 PM IST
IMF: low oil prices to boost growth
The fall in oil prices to their lowest levels in more than three years should give a boost to the sagging world economy, the International Monetary Fund said on Wednesday.
Nov 13, 2014, 08:32 AM IST
Australia expects Modi to make 'terrific contribution' to G-20
Expecting India to "shine" at the upcoming G-20 Summit, host country Australia Wednesday said Prime Minister Narendra Modi will make a "terrific contribution" to this grouping of top world economies.
Nov 12, 2014, 18:56 PM IST
G20 leaders must act to rein in corporate tax dodgers: Tony Abbott
World leaders at G-20 stage need to come together to check tax evasion running into billions of dollars globally by companies that use taxation loopholes in shifting profits from one country to another, Australian Prime Minister Tony Abbott said Wednesday.
Nov 12, 2014, 17:04 PM IST
Oxfam warns G20 of dangers of rising inequality
The world's biggest economies must tackle rising inequality, aid agency Oxfam warned on Tuesday, saying ignoring the issue would leave millions trapped in poverty and risk economic growth.
Nov 11, 2014, 14:35 PM IST
G20 global infrastructure hub set for Australia
A global infrastructure hub proposed by G20 nations to help strengthen economic growth will be based in Sydney and funded by Australia, a report said Monday.
Nov 10, 2014, 22:08 PM IST
G20 committed to global response to deal with cross border tax evasion: India
An action plan to tackle BEPS to make sure companies pay their fair share of tax is expected to be finalized in 2015. The BEPS initiative would ensure that tax is paid where profits are made.
Nov 06, 2014, 20:36 PM IST
G20 promises more steps to boost global GDP by $2 trillion
G20, a grouping of developed and developing nations, Sunday vowed to take more measures to push the global GDP by an additional 2 percent, or over USD 2 trillion, by 2018.
Sep 21, 2014, 20:30 PM IST
G20 commitment on tax info to help India track black money
The G20 on Sunday decided to put in place a mechanism for automatic exchange of tax information between various countries by 2017, a development which will help India in dealing with the menace of black money stashed abroad.
Sep 21, 2014, 18:31 PM IST
G20 says nearing growth goal, but more needed from Europe
The Group of 20 leading nations say they are tantalisingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs, but Europe`s extended stagnation remains a major stumbling block.
Sep 21, 2014, 12:41 PM IST
G20 finance chiefs confident growth goals achievable
Finance chiefs from G20 nations wrap up a two-day summit Sunday confident that boosting their combined growth by at least an extra 1.8 percent is achievable, and even better if sufficient reforms are made.
Sep 21, 2014, 10:28 AM IST
