G20 members have agreed to support India’s proposal on developing a roadmap for reform of multilateral development banks such as the world Bank.
Finance minister Nirmala Sitharaman also claimed success in moving towards a common position on debt restructuring of developing countries.
These countries include Srilanka among four identified for faster resolution.
Meanwhile, Determined resistance from China and Russia to a reference to the war in Ukraine led to the meet of G20 finance ministers concluding here on Saturday without issuing the standard communique.
# India-Germany
PM Narendra Modi said he and German Chancellor Olaf Scholz agreed on the need for joint efforts to deal with the negative impact of the Ukraine conflict on the developing world.
German Chancellor Olaf Scholz described the war as a major catastrophe, saying Russia violated the fundamental principle that borders can’t be changed through use of violence.
The two sides signed a couple of agreements during the visit – for enhancing cooperation in innovation and technology.
# Nagaland, Meghalaya
The 48 hour sound of silence settled on Meghalaya and Nagaland on Saturday as canvassing for Mondays assembly polls ended after an electrifying campaign.
In Nagaland the remotest polling station is in Phomching constituency of Mon’s district.
PM Narendra Modi on Saturday gifted Meghalaya stoles and Nagaland shawls to German Chancellor Olaf Scholz.
# Telangana
Rock samples dating back 4.1 billion years and bearing traces of the weather proof mineral Zircon have been found in Telangana Chitrial 100 Km North of Hyderabad.
The latest find by researchers from presidency University, Hiroshima university and National centre for earth sciences from a relatively young terrain can offer fresh clues about the Earth’s earlier chemical evolutions.