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Business News/ News / India/  B20 Summit 2023 Highlights: ‘Need a global framework for cryptocurrency; ethical use of AI’, says PM Modi
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B20 Summit 2023 Highlights: ‘Need a global framework for cryptocurrency; ethical use of AI’, says PM Modi

B20 Summit and Mann Ki Baat LIVE Highlights: Prime Minister Narendra Modi on Sunday addressed the nation on 104th episode of Mann Ki Baat radio and B20 India Summit 2023

Prime Minister Narendra Modi addresses the gathering on the third day of the three-day B20 Summit in New Delhi (AFP)Premium
Prime Minister Narendra Modi addresses the gathering on the third day of the three-day B20 Summit in New Delhi (AFP)

B20 Summit Highlights: On the final day of the B20 Summit India 2023, Prime Minister Narendra Modi spoke on a range of topics while addressing the business leaders during the event in Delhi. The Prime Minister said India was holding an important place in building an efficient and trusted global supply chain". he asked business leaders to focus on Customore care policies and the green credit approach. PM Modi also said that after 100 years, India has given one of the biggest things to the world--it is 'Mutual trust'. Further PM Modi urged the business leaders to brainstorm on the new age of technology that is disrupting the world--Artifical Intelligence and cryptocurrency.

Read all the updates on B20 Summit and Mann Ki Baat at Mint's LIVE blog:

27 Aug 2023, 10:38:16 PM IST

B20 Summit LIVE: Key highlights from PM Modi's speech

1."In B-20's theme- RAISE, I represent Innovation. But along with innovation, I also see another I in it. And this is I, Inclusiveness...We have included African union in G20 through this vision".

2. "Our space agency ISRO has a big role in the success of the Chandrayaan-3 mission. But at the same time, Indian industry has also contributed a lot to this. Many components used in Chandrayaan have been provided by our industry, private companies, and our MSMEs".

3. "In an atmosphere of mistrust, the country which is standing in front of you with full sensitivity, with humility, carrying the flag of faith – that is India".

4. "Today India has become the face of the digital revolution in the era of Industry 4.0".

5. "India holds an important place in building an efficient and trusted global supply chain".

6. "A profitable market can be sustained when there is a balance in the interest of both producers and consumers".

7. "Treating other countries only as a market will not work. It will harm even the producing countries sooner or later. Making everyone equal partners is the progress way forward".

8. "We are focusing on green energy in India. We aim to replicate the success of solar energy in the green hydrogen sector".

9. "Sustainability is both an opportunity and business model. One such example is that the UN is celebrating this year as the 'International Year of Millets'. Millets are superfoods, environment friendly, and support small farmers, so it's a win-win model".

10. "I am sure the B20 summit has paved the way for collective transformation. A connected world isn't just about connection through technology but it is also about shared purpose, planet, prosperity, and future".

27 Aug 2023, 09:51:12 PM IST

B20 Summit LIVE: PM Modi says India holds important place for efficient, trusted global supply chain

In his keynote address at the closing session of B20 Summit, 2023 in the national capital on Sunday, PM Modi recalled how India supplied vaccines beyond its borders and became the ‘Pharmacy of the World' during the "once-in-a-century pandemic" — Covid-19.

“India holds an important place in building an efficient and trusted global supply chain," PM Modi, said referring to supply chain issues during the pandemic.

“When the world needed medicines, during the Covid pandemic, India, as the 'Pharmacy of the World', provided life-saving drugs to more than 150 countries. When the world needed a Covid drug, India enhanced production of its own vaccines to save the precious lives of millions across the globe," he said as per news agency ANI. 

27 Aug 2023, 09:17:42 PM IST

B20 Summit LIVE: Tata Sons chairman hands over B20 presidency to Brazil

N Chandrasekaran, Chair, B20 India and Executive Chairman, Tata Sons, India handed B20 Presidency to Brazil on Sunday. Chandrasekaran added, "The presidency of India's B20 has been highly praised and recognized for its effective process, engagement, and consensus-building in generating 54 significant recommendations over the past 9 months".

27 Aug 2023, 08:53:07 PM IST

B20 Summit 2023 LIVE updates: Digital Public Infrastructure can help in climate adaptation, mitigation, says Nandan Nilekani

The approach of Digital Public Infrastructure, which has gained global prominence, can also help in the area of climate adaptation and mitigation going forward, Chairman and Co-Founder of Infosys and the founding Chairman of UIDAI, Nandan Nilekani said during Day 3 of the B20 Summit.

Nilekani said India has found a "balance" between responsible regulation and innovation due to its participatory model, as he showcased the country's success story on digital public infrastructure (DPI), which has accelerated inclusion in the country.

27 Aug 2023, 08:17:04 PM IST

B20 Summit 2023 LIVE updates: 'Celebration is to accelerate India's growth'

"This celebration is to accelerate India's growth. This celebration is about innovation. This celebration is about bringing in sustainability & equality with the help of space technology..." PM Modi said.

27 Aug 2023, 07:44:00 PM IST

B20 Summit LIVE: Delhi Metro stations defaced with pro-Khalistan slogans

Fuelling security concerns on the final day of B20 Summit and the upcoming G20 Summit in September, suspected activists of Sikhs For Justice (SFJ), a front for the separatist Khalistan Group, defaced more than five Metro stations with pro-Khalistan slogans.

In pictures shared by Delhi Police, slogans are seen inscribed on the walls of Metro stations, reading "Delhi Banega Khalistan" and "Khalistan Zindabad".

27 Aug 2023, 07:01:02 PM IST

B20 Summit 2023 LIVE updates: Key highlights from PM Modi's speech 

1."In B-20's theme- RAISE, I represent Innovation. But along with innovation, I also see another I in it. And this is I, Inclusiveness...We have included African union in G20 through this vision".

2. "Our space agency ISRO has a big role in the success of the Chandrayaan-3 mission. But at the same time, Indian industry has also contributed a lot to this. Many components used in Chandrayaan have been provided by our industry, private companies, and our MSMEs".

3. "In an atmosphere of mistrust, the country which is standing in front of you with full sensitivity, with humility, carrying the flag of faith – that is India".

4. "Today India has become the face of the digital revolution in the era of Industry 4.0".

5. "India holds an important place in building an efficient and trusted global supply chain".

6. "A profitable market can be sustained when there is a balance in the interest of both producers and consumers".

7. "Treating other countries only as a market will not work. It will harm even the producing countries sooner or later. Making everyone equal partners is the progress way forward".

8. "We are focusing on green energy in India. We aim to replicate the success of solar energy in the green hydrogen sector".

9. "Sustainability is both an opportunity and business model. One such example is that the UN is celebrating this year as the 'International Year of Millets'. Millets are superfoods, environment friendly, and support small farmers, so it's a win-win model".

10. "I am sure the B20 summit has paved the way for collective transformation. A connected world isn't just about connection through technology but it is also about shared purpose, planet, prosperity, and future".

27 Aug 2023, 06:36:05 PM IST

B20 Summit 2023 LIVE updates: 'We have to learn to survive in hot new world,' says ITC Chairman

ITC Chairman Sanjiv Puri said that the frequency and intensity of extreme weather events are increasing globally and businesses should fine-tune their strategies towards environment. Puri said, "We have to learn to survive and do well in the hot new world".

"We have seen the manner in which things have changed between 1.1°C and 1.2°C. Extreme weather events are here to stay," he added.

Extreme weather events have a deep impact on nature and therefore also on the Global South. This also goes into the design of urban infrastructure and industrial ecosystem, Puri added.

27 Aug 2023, 06:11:15 PM IST

B20 Summit 2023 LIVE updates: ‘Engaged with over 1,500 global business executives and experts across 55 countries’

"India's B20 Presidency under the G20 Presidency worked under the theme of PM's vision of 'Vasaudeva Katumbakam' (One Earth, One Family, One Future). During the last 7 months, we have engaged with over 1,500 global business executives and experts across 55 countries, over more than 100 events in India and abroad..." N Chandrasekaran, Chair, B20 India and Executive Chairman, Tata Sons, India said

27 Aug 2023, 05:32:14 PM IST

B20 Summit 2023 LIVE updates: Digital Public Infrastructure can help in climate adaptation, mitigation, says Nandan Nilekani

The approach of Digital Public Infrastructure, which has gained global prominence, can also help in the area of climate adaptation and mitigation going forward, Chairman and Co-Founder of Infosys and the founding Chairman of UIDAI, Nandan Nilekani said during Day 3 of the B20 Summit.

Nilekani said India has found a "balance" between responsible regulation and innovation due to its participatory model, as he showcased the country's success story on digital public infrastructure (DPI), which has accelerated inclusion in the country.

27 Aug 2023, 05:03:22 PM IST

B20 Summit 2023 LIVE updates: Theme of Business 20 Summit

The B20 Summit 2023 is based on the theme of B20 India R.A.I.S.E: Responsible, Accelerated, Innovative, Sustainable, Equitable Businesses.

27 Aug 2023, 04:24:37 PM IST

B20 Summit 2023 LIVE updates: 'Celebration is to accelerate India's growth'

"This celebration is to accelerate India's growth. This celebration is about innovation. This celebration is about bringing in sustainability & equality with the help of space technology..." PM Modi said. 

27 Aug 2023, 03:59:03 PM IST

B20 Summit 2023 LIVE updates: Last 7 months, India engaged with over 1500 global business executives, says Chandrasekaran

On the final day of the B20 Summit 2023, N Chandrasekaran, Chair, B20 India and Executive Chairman, Tata Sons said that in the past seven months, India engaged with more than 1,500 global business executives and experts across 55 countries, over 100 events in India and abroad.

27 Aug 2023, 03:39:14 PM IST

B20 Summit 2023 LIVE updates: B20 India worked under theme of PM Modi’s vision of ‘Vasaudeva Katumbakam’

N Chandrasekaran, chair, B20 India and Executive Chairman, Tata Sons said on Sunday that India’s B20 presidency worked under the theme of PM Narendra Modi’s vision of ‘Vasaudeva Katumbakam’ (One Earth, One Family, One Future). India also handed over the B20 presidency to Brazil to host G20 Summit in 2024.

Addressing the G20 Summit, N Chandrasekaran said, "India's B20 Presidency under the G20 Presidency worked under the theme of PM's vision of 'Vasaudeva Katumbakam' (One Earth, One Family, One Future). During the last 7 months, we have engaged with over 1,500 global business executives and experts across 55 countries, over more than 100 events in India and abroad." Read More

27 Aug 2023, 03:12:37 PM IST

B20 Summit 2023 LIVE updates: PM Modi flags concerns over bias in AI; calls for ethical use

Prime Minister Narendra Modi advocated for the establishment of a worldwide structure that governs the moral application of Artificial Intelligence (AI). He raised apprehensions about the partiality present in these contemporary technologies and their societal implications.

In the lead-up to the G20 Summit, the prime minister also underscored the necessity of creating a unified strategy to address matters related to cryptocurrencies.

Speaking at the B20 Summit India 2023, organized by the Confederation of Indian Industry (CII), Modi emphasized that India is in the process of formulating an international framework for Green Credit. He called upon leaders in the industry to embrace lifestyles and business practices that prioritize actions beneficial to the planet.

27 Aug 2023, 02:56:51 PM IST

B20 Summit 2023 LIVE updates: 'We have to learn to survive in hot new world,' says ITC Chairman

ITC Chairman Sanjiv Puri said that the frequency and intensity of extreme weather events are increasing globally and businesses should fine-tune their strategies towards environment. Puri said, "We have to learn to survive and do well in the hot new world".

"We have seen the manner in which things have changed between 1.1°C and 1.2°C. Extreme weather events are here to stay," he added.

Extreme weather events have a deep impact on nature and therefore also on the Global South. This also goes into the design of urban infrastructure and industrial ecosystem, Puri added.

27 Aug 2023, 02:36:50 PM IST

B20 Summit LIVE: Digital Public Infrastructure can help in climate adaptation, mitigation, says Nandan Nilekani

The approach of Digital Public Infrastructure, which has gained global prominence, can also help in the area of climate adaptation and mitigation going forward, Chairman and Co-Founder of Infosys and the founding Chairman of UIDAI, Nandan Nilekani said during Day 3 of the B20 Summit.

Nilekani said India has found a "balance" between responsible regulation and innovation due to its participatory model, as he showcased the country's success story on digital public infrastructure (DPI), which has accelerated inclusion in the country.

27 Aug 2023, 02:34:46 PM IST

B20 Summit LIVE: Delhi Metro stations defaced with pro-Khalistan slogans

Fuelling security concerns on the final day of B20 Summit and the upcoming G20 Summit in September, suspected activists of Sikhs For Justice (SFJ), a front for the separatist Khalistan Group, defaced more than five Metro stations with pro-Khalistan slogans.

In pictures shared by Delhi Police, slogans are seen inscribed on the walls of Metro stations, reading "Delhi Banega Khalistan" and "Khalistan Zindabad".

27 Aug 2023, 02:31:01 PM IST

B20 Summit LIVE: Last 7 months, India engaged with over 1500 global business executives, says Chandrasekaran

On the final day of the B20 Summit 2023, N Chandrasekaran, Chair, B20 India and Executive Chairman, Tata Sons said that in the past seven months, India engaged with more than 1,500 global business executives and experts across 55 countries, over 100 events in India and abroad.

27 Aug 2023, 01:19:09 PM IST

B20 Summit India LIVE: 10 Key quotes from PM Modi's speech

Here are 10 key takeaways from PM Modi's speech during B20 Summit 2023

1."In B-20's theme- RAISE, I represent Innovation. But along with innovation, I also see another I in it. And this is I, Inclusiveness...We have included African union in G20 through this vision".

2. "Our space agency ISRO has a big role in the success of the Chandrayaan-3 mission. But at the same time, Indian industry has also contributed a lot to this. Many components used in Chandrayaan have been provided by our industry, private companies, and our MSMEs".

3. "In an atmosphere of mistrust, the country which is standing in front of you with full sensitivity, with humility, carrying the flag of faith – that is India".

4. "Today India has become the face of the digital revolution in the era of Industry 4.0".

5. "India holds an important place in building an efficient and trusted global supply chain".

6. "A profitable market can be sustained when there is a balance in the interest of both producers and consumers".

7. "Treating other countries only as a market will not work. It will harm even the producing countries sooner or later. Making everyone equal partners is the progress way forward".

8. "We are focusing on green energy in India. We aim to replicate the success of solar energy in the green hydrogen sector".

9. "Sustainability is both an opportunity and business model. One such example is that the UN is celebrating this year as the 'International Year of Millets'. Millets are superfoods, environment friendly, and support small farmers, so it's a win-win model".

10. "I am sure the B20 summit has paved the way for collective transformation. A connected world isn't just about connection through technology but it is also about shared purpose, planet, prosperity, and future".

27 Aug 2023, 01:01:44 PM IST

B20 Summit India LIVE: Watch full speech of PM Modi

Here's a full speech of PM Narendra Modi during B20 Summit 2023:

 

27 Aug 2023, 12:49:34 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

PM Narendra Modi asked business leaders to brainstorm on issues like cryptocurrency and Artificial Intelligence. He said a global framework is required for cryptocurrency. Besides, the PM said that technology disruption is happening at a rapid speed and there is a need to focus on “ethical AI".

27 Aug 2023, 12:44:58 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

“Can we talk about consumer care? It will send a positve signal and will resolve Consumer rights issues," PM Modi told business leaders during the B20 Summit. He said, "We need to boost trust between businesses and consumers.

27 Aug 2023, 12:42:23 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

"Treating other countries as a market will never work. Making everyone equal partners will lead to progress. The producing countries will also gain advantage through this approach," PM Modi during B20 Summit.

27 Aug 2023, 12:40:55 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

"Businesses can transform potential into prosperity, obstacles into opportunities, aspirations into achievements, whether they are small or big," says PM Modi at B20 Summit in Delhi.

27 Aug 2023, 12:40:14 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

“India will have biggest middle class in the coming years because of our government's pro-poor policies," PM Modi during B20 Summit India 2023.

27 Aug 2023, 12:38:57 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

“India has launched a green credit system-- a pro-planet approach which every nation should adopt. We need to create an ecosystem that will make the planet healthy," PM Modi during B20 Summit.

27 Aug 2023, 12:36:12 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

"Being conscious about one's health is important but one should also be concerned about the planet's health, " PM Modi.

27 Aug 2023, 12:33:46 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

“India will try to repeat the success of solar energy in green hydrogen sector also," PM Modi during B20 Summit 2023.

27 Aug 2023, 12:32:04 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

“In global supply chain, India will play significant and efficient role," PM Modi during B20 Summit.

27 Aug 2023, 12:29:07 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

“The stronger the friendship you will keep with India, the more prosperous your economy will get," PM Modi tells B20 Summit leaders.

27 Aug 2023, 12:26:59 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

“During Covid pandemic, India supplied medicines to over 150 nations," PM Modi.

27 Aug 2023, 12:26:15 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

India is building mutual trust among countries that was destroyed during Covid pandemic, says PM Modi

27 Aug 2023, 12:22:53 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

“Credit of Chandrayaan-3 mission's success also goes to Indian industries, as well as MSMEs", says PM Modi

27 Aug 2023, 12:20:27 PM IST

B20 Summit India 2023 LIVE: PM Modi speaks during summit

“Festive season in India began from 23rd August this time", says PM Modi

27 Aug 2023, 12:17:11 PM IST

B20 Summit India 2023 LIVE: Theme of  Business 20 Summit 

The B20 Summit 2023 is based on the theme of B20 India R.A.I.S.E: Responsible, Accelerated, Innovative, Sustainable, Equitable Businesses.

27 Aug 2023, 12:10:12 PM IST

B20 Summit LIVE: Tata Sons chairman hands over B20 presidency to Brazil

N Chandrasekaran, Chair, B20 India and Executive Chairman, Tata Sons, India handed B20 Presidency to Brazil on Sunday. Chandrasekaran added, "The presidency of India's B20 has been highly praised and recognized for its effective process, engagement, and consensus-building in generating 54 significant recommendations over the past 9 months".

27 Aug 2023, 12:00:45 PM IST

B20 Summit LIVE: Jaishankar spoke on 'role of the global south in emerging world'

On the third and final day of the Business 20 (B20) Summit in Delhi, external affairs minister Dr S Jaishankar addressed delegates at a stand-alone session on 'Role of Global South in Emerging World 2.0'.

Also read: 'India acutely conscious of absence of voice of the Global south in G20,' says S Jaishankar

27 Aug 2023, 11:57:41 AM IST

B20 Summit LIVE:  Jaishankar's full speech at B20 Summit

Check out full speech of EAM Jaishankar at the B20 Summit:

 

27 Aug 2023, 11:56:02 AM IST

B20 Summit LIVE updates: India walked the talk when it comes to global South, says Jaishankar

During the B20 Summit, Jaishankar shared details about how India worked to advance the cause of the Global South. The external affairs minister said, "During the Covid (pandemic), Made-in-India vaccines were sent to about 100 countries. And about 150 nations imported medicines during this period from the Pharmacy of the World'."

The EAM added that India’s 'development partnerships' have grown significantly over the last decade, and now extend to 78 nations across geographies. He added that 600 projects delivered or under execution are a testimony of New Delhi’s goodwill as much as of its capabilities.

“Believing that capacity building is central to global development, we have provided training to 200,000 nationals of more than 60 countries. And our approach is guided by the ‘Kampala’ principle, enunciated by Prime Minister Modi in 2018, which in essence said that the priority of our partners will be a determining criterion," he added.

On India stepping forward as the first responder in crisis situations beyond its borders, the EAM said, "We have also stepped forward as the first responder in disaster, emergency and conflict situations ranging from Fiji and Myanmar to Mozambique, Yemen and Turkey. Emerging World 2.0 is one with more engines of growth, a fairer distribution of the benefits of globalisation, and greater resources devoted to attaining sustainable development goals and promoting climate action."

27 Aug 2023, 11:52:39 AM IST

B20 Summit LIVE updates: India emerged as 'pharmacy of world', says Jaishankar

During the B20 India Sumit 2023, External Affairs Minister S Jaishankar on Sunday said, "India emerged as the ‘Pharmacy of the World’ during the Covid-19 pandemic, through the export of ‘Made in India’ vaccines to over 100 countries". Jaishankar added that India was also the first responder during the times of distress and upheaval in Myanmar and Turkey.

27 Aug 2023, 11:36:23 AM IST

Mann Ki Baat LIVE updates

PM Modi speaks about Banas Dairy of Gujarat. He said, "Just a few days ago, I came to know about an interesting initiative of Banas Dairy of Gujarat. Banas Dairy is considered to be the biggest Dairy in Asia. On average, 75 lakh liters of milk are processed here every day. After this, it is also sent to other states. for the timely delivery of milk here to other states, until now the support of tankers or milk trains was availed of. But there were no less challenges in that too. Firstly, loading and unloading used to take a lot of time, and often the milk also used to get spoilt. To overcome this problem, Indian Railways did a new experiment. Railway created a Truck-on Track facility from Palanpur to New Rewari. In this, milk trucks are directly loaded onto trains. Earlier the milk which used to take 30 hours to reach is now reaching in less than half the time".

27 Aug 2023, 11:29:26 AM IST

Mann Ki Baat LIVE

PM Modi on Sunday said India has another mother tongue apart from Sanskrit--the glorious Telugu language. 29th August will be celebrated as Telugu Day, he added.

27 Aug 2023, 11:25:41 AM IST

Mann Ki Baat LIVE

PM Modi speaks on the significance of the Telugu language. "Telugu is one of the ancient languages of India just like Sanskrit. On 29 August, Telugu language day will be celebrated".

27 Aug 2023, 11:21:55 AM IST

PM Modi Mann Ki Baat LIVE

PM Modi wishes ‘Happy Sanskrit Day’ during Mann Ki Baat radio programme.

27 Aug 2023, 11:20:55 AM IST

Mann Ki Baat LIVE  updates

"Over 10 crore people took selfie with tricolour this year on the Independece day", PM Modi said.

27 Aug 2023, 11:18:59 AM IST

PM Modi Mann Ki Baat LIVE

“Our youths achieving new success in sports; they won record number of medals in World University Games in China," PM Modi during Mann Ki Baat.

27 Aug 2023, 11:17:43 AM IST

Mann Ki Baat LIVE updates

PM Modi says in Mann Ki Baat that India fully ready for G20 leaders summit, notes it will see highest participation in bloc's history.

27 Aug 2023, 11:16:26 AM IST

Mann Ki Baat LIVE: G20 boosted tourism in Kashmir, says PM Modi

Prime Minister Narendra Modi, during Mann Ki Baat radio programme said footfall of tourists has surged in Kashmir after G-20 meeting in Srinagar. "I urge all countrymen to come together to make G20 Summit successful and bring glory to the country".

G20 Summit is set to be held from 9 September in Delhi.

27 Aug 2023, 11:13:23 AM IST

Mann Ki Baat LIVE updates

“Our Presidency of the G-20 is a People's Presidency, in which the spirit of public participation is at the forefront," PM Modi during Mann Ki Baat.

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