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☆ Watch the full CNBC interview with World Bank President Ajay Banga
▼ + stars: | 2023-09-12 | by ( Tanvir Gill | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch the full CNBC interview with World Bank President Ajay BangaAjay Banga of the World Bank tells CNBC's Tanvir Gill that he sees no shortage of money pouring into investments for renewable energy projects. Speaking on the sidelines of the G20 leaders' summit in New Delhi, he also discusses the institution's expanded role.

Persons: Ajay Banga Ajay Banga, CNBC's Tanvir Gill Organizations: CNBC, World Bank, Bank Locations: New Delhi

☆ To counter China, Biden is backing the World Bank for a bigger role on the global stage
▼ + stars: | 2023-09-11 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +5 min

From left, World Bank President Ajay Banga, Brazil's President Luiz Inacio Lula da Silva, India's Prime Minister Narendra Modi, South Africa's President Cyril Ramaphosa and U.S. President Joe Biden in New Delhi on Sept. 9, 2023. "There's no way there's enough money in the multilateral development bank, or even in governments ... that can drive the kinds of changes we need for this polycrisis. Biden backs World BankLeaders at the summit agreed that this isn't something the World Bank can tackle alone. The World Bank was created in 1944 to help rebuilding efforts in Europe and Japan after the Second World War. Both the World Bank and IMF have pledged to form a stronger partnership to help countries with their debt struggles, sustainability goals, and digital transition.

Persons: Joe Biden, Ajay Banga, Luiz Inacio Lula da Silva, Narendra Modi, Cyril Ramaphosa, Evan Vucci, CNBC's Tanvir Gill, Banga, Biden, Kristalina Georgieva, CNBC's Martin Soong, Georgieva Organizations: World Bank, World, India's, Afp, Getty, CNBC, Bank, IMF, White Locations: U.S, New Delhi, Europe, Japan, China, Ukraine, People's Republic, China's

☆ ILO chief: See open-mindedness from the West on immigration issues
▼ + stars: | 2023-09-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailILO chief: See open-mindedness from the West on immigration issuesGilbert Houngbo, director-general at the International Labour Organization, speaks to CNBC's Tanvir Gill at the G20 leaders' summit in Delhi.

Persons: Gilbert Houngbo, CNBC's Tanvir Gill Organizations: ILO, International Labour Organization Locations: Delhi

☆ International Solar Alliance: All G20 nations agreed for need on climate financing
▼ + stars: | 2023-09-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInternational Solar Alliance: All G20 nations agreed for need on climate financingAjay Mathur, the director general of the International Solar Alliance, speaks to CNBC's Tanvir Gill about possible climate financing breakthroughs for developing nations at the G20 summit in Delhi.

Persons: Ajay Mathur, CNBC's Tanvir Gill Organizations: International, Alliance, International Solar Alliance Locations: Delhi

☆ World Bank President: Tangible plans on G20 financing will come
▼ + stars: | 2023-09-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorld Bank President: Tangible plans on G20 financing will comeWorld Bank President Ajay Banga speaks to CNBC's Tanvir Gill exclusively on the sidelines of the G20 leaders' summit in Delhi.

Persons: Ajay Banga, CNBC's Tanvir Gill Locations: Delhi

☆ Nigeria foreign minister says Africa won't be 'naïve' in trade negotiations with the West
▼ + stars: | 2023-09-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNigeria foreign minister says Africa won't be 'naïve' in trade negotiations with the WestYusuf Maitama Tuggar, Nigeria's foreign minister, speaks to CNBC's Tanvir Gill at the G20 summit about how his country can negotiate firmly with the West in trade and other economic issues.

Persons: West Yusuf Maitama Tuggar, CNBC's Tanvir Gill Organizations: Nigeria, West Locations: Africa

☆ The world’s largest economies convene at the G20 Summit in New Delhi
▼ + stars: | 2023-09-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe world’s largest economies convene at the G20 Summit in New DelhiCNBC's Tanvir Gill and Martin Soong report from the G20 Summit in New Delhi, with U.S. President Joe Biden due to arrive soon.

Persons: Tanvir Gill, Martin Soong, Joe Biden Organizations: U.S Locations: New Delhi

☆ Asian Development Bank says the world faces 'immense' funding challenges
▼ + stars: | 2023-09-08 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Asia and the rest of the world face "immense" challenges, and the Asian Development Bank must work with others to address those issues, its director general told CNBC on Friday. "The challenge that we are facing in this region and also globally, are immense, including climate change. "So this is a limitation for different countries to take more debt for their sustainable development and climate change." He said multilateral development banks "can and must take bold action to help address the challenges." "First of all, we need to ramp up our lending capacity ... but also, we need extra efforts to mobilize more money from private sector," he said.

Persons: Tomoyuki Kimura, CNBC's Tanvir Gill, Covid Organizations: Asian Development Bank, CNBC, ADB Locations: Asia, New Delhi

☆ CNBC Daily Open: Jackson Hole anxiety overshadows Nvidia
▼ + stars: | 2023-08-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Jerome Powell, Chair of the Federal Reserve, arrives to a dinner at the start of the Jackson Hole Economic Symposium on August 24, 2023 at Grand Teton National Park near Jackson Hole, Wyoming. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Rally fizzles outU.S. stocks closed lower Thursday as an earlier Nvidia-sparked rally fizzled out, while Treasury yields climbed higher. But there are other market themes that investors should know about, according to Goldman Sachs.

Persons: Jerome Powell, paring, CNBC's Lucy Handley, Singh Puri, CNBC's Tanvir Gill, Puri, Goldman Sachs Organizations: Federal Reserve, Jackson, Grand Teton, CNBC, Nvidia, Nikkei, AMD, Intel, Petroleum, Natural Gas Locations: Jackson Hole , Wyoming, Asia, Pacific, China, Europe, India, Moscow

☆ India isn't over dependent on Russian oil, Indian energy minister says
▼ + stars: | 2023-08-25 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +2 min

"India doesn't get over dependent on anyone," Hardeep Singh Puri told CNBC's Tanvir Gill when asked if his country was too dependent on the Kremlin. Moscow has since leapfrogged to become India's leading source of crude oil, accounting for about 40% of India's crude imports. Hardeep Singh Puri India's Minister of Petroleum and Natural GasIndia is the world's third largest energy importer, and purchases more than 80% of its crude oil from international markets. Asked if India was getting a $15 or $30 discount per barrel on Russian crude, Puri said: "Yes, there have been discounts. According to data from S&P Global in July, India's crude oil sources come largely from Middle East and Russia.

Persons: Hardeep Singh Puri, CNBC's Tanvir Gill, India's, Puri Organizations: India's, Petroleum, Natural Gas, CNBC, P Global, Brent, U.S . West Texas, West Texas Locations: India, Russia, Ukraine, Moscow, Natural Gas India, Iraq, Saudi Arabia, UAE, Kuwait, Middle East, U.S

☆ De-dollarization still a long way off, Indian minister says after BRICS talk of a common currency
▼ + stars: | 2023-08-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

However, the U.S. dollar will remain the currency of choice for transactions in international oil markets, he told CNBC's Tanvir Gill. watch nowThe U.S. dollar has long been the main global oil currency, including for purchases by India. Stock Chart Icon Stock chart iconOil has also been settled in Indian rupees. In light of this, Puri was asked if the Indian rupee could be part of the de-dollarization trend, especially in the oil market? But these international arrangements, trading arrangements, payment arrangements, these have been in place for a long time," he added.

Persons: Hardeep Singh Puri, CNBC's Tanvir Gill, It's, SWIFT, Puri, I'm, Hardeep Singh, Luiz Inácio Lula da Silva Organizations: U.S, Gas, CNBC, India, Reuters, India Oil Corp, United Arab Emirates, Affairs, Gas Minister Locations: New Delhi, Russia, Ukraine, Moscow, China, Saudi Arabia, India, Malaysia, Hardeep Singh Puri, South Africa

☆ CNBC Pro Talks: Warren Buffett disciple Guy Spier reveals how to invest right now
▼ + stars: | 2023-08-08 | by ( ) www.cnbc.com time to read: +1 min

Join CNBC's Tanvir Gill Wednesday as she quizzes renowned value investor Guy Spier on how to play the markets right now. Spier, who calls himself an "ardent disciple" of legendary investor Warren Buffett, manages the $350 million Aquamarine Fund. Spier closely follows Buffett's investing principles, and the Aquamarine Fund is inspired by the original 1950s Buffett Partnership era . That compares to the S & P 500 's 8.2%, the MSCI World 's 6.9%, and the FTSE 100 's 3.6%. Join CNBC Pro Talks on Wednesday, August 9, at 12 p.m. BST / 7 p.m. SGT / 7 a.m.

Persons: Tanvir Gill, Guy Spier, Spier, Warren Buffett Organizations: Aquamarine, Buffett, Bank of America, Micron Technology, Ferrari, Tech, Veteran, Dow Locations: U.S

☆ Nissan CEO spots key to cracking 'challenging' China market after demand slump
▼ + stars: | 2023-07-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Nissan CEO Makoto Uchida said the Japanese carmaker needs to bring new vehicles to the increasingly crowded Chinese market at speed. Earlier this year, Nissan announced a China-focused electric SUV, called the Arizon, and plans to launch other models as the company grapples with declining market share and slowing sales. In China, the company has faced particular competition from homegrown BYD. Nissan on Wednesday reported net income for the most recent quarter of 105.5 billion yen ($751 million), beating expectations and marking a sharp rise year-on-year. However, results showed a 45.8% drop in China unit sales versus the same period the previous year.

Persons: Makoto Uchida, CNBC's Tanvir Gill, Uchida Organizations: Nissan Locations: China

☆ Britain's richest man says Brexit was 'not good for the UK,' backs PM Sunak's economic plans
▼ + stars: | 2023-07-26 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

LONDON — Britain's wealthiest man, Gopichand Hinduja, condemned the U.K.'s departure from the European Union, but threw his backing behind Prime Minister Rishi Sunak's ability to revive the country's ailing economy. "The step taken of Brexit was not good for the U.K.," Hinduja told CNBC's Tanvir Gill in London on Monday. Britain voted to leave the European Union in 2016 and formally exited the bloc at the end of Jan. 2020. None of those partnerships will be more valuable to the U.K. than its forthcoming free trade arrangement (FTA) with India, according to Hinduja. "The biggest help the U.K. can get is from India, because India's economy, by 2027, will be the third largest in the world," he said.

Persons: Gopichand Hinduja, Rishi Sunak's, Brexit, Hinduja, CNBC's Tanvir Gill, — Organizations: U.K, European Union, Hinduja, Trans, Pacific Locations: Britain, London, India

☆ CNBC Pro Talks: A top fund manager proves you can generate big returns while investing ethically
▼ + stars: | 2023-05-16 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

Join CNBC's Tanvir Gill as she discusses ethical investing with top-performing fund manager Philip Ripman. Ripman's fund, Storebrand Global Solutions, avoids companies that make over 5% of their revenues from fossil fuels, tobacco, alcohol, war and other vice-related activities. Ripman is based in Oslo, Norway and has been the fund manager of Storebrand Global Solutions since 2015. Join CNBC's Tanvir Gill as she discusses ethical investing with top-performing fund manager Philip Ripman. Ripman is based in Oslo, Norway and has been the fund manager of Storebrand Global Solutions since 2015.

☆ A U.S. tech downturn offers India 'a bigger opportunity,' says Infosys founder
▼ + stars: | 2023-04-27 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

Infosys founder Narayana Murthy sees tech layoffs in the U.S. as an opportunity for India. "I look at these things [such as tech layoffs] as part of a business cycle. So I would not be that much worried," Murthy told The CNBC Conversation. "Whenever there is a downturn in the U.S. or in the developed world, there is a bigger opportunity for countries like India, particularly in my sector, which provide better value for money," Murthy told CNBC's Tanvir Gill. "In a downturn, the market shrinks a little bit and our charter is very clear.

☆ My leadership is what I learned from reading Mahatma Gandhi: N.R. Narayana Murthy
▼ + stars: | 2023-04-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMy leadership is what I learned from reading Mahatma Gandhi: N.R. Narayana MurthyN.R. Narayana Murthy talks to CNBC's Tanvir Gill about his leadership style.

☆ ChatGPT is not going to replace anybody: N.R. Narayana Murthy
▼ + stars: | 2023-04-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChatGPT is not going to replace anybody: N.R. Narayana MurthyInfosys founder N.R. Narayana Murthy explains to CNBC's Tanvir Gill why he is not worried about ChatGPT and AI.

☆ How N.R. Narayana Murthy founded Infosys
▼ + stars: | 2023-04-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow N.R. Narayana Murthy founded InfosysHe's been called the "father of India's IT sector." Narayana Murthy talks to CNBC's Tanvir Gill about the early days when he founded the IT giant, Infosys.

☆ Crime is a big worry for women in India
▼ + stars: | 2023-03-09 | by ( Tanvir Gill | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrime is a big worry for women in IndiaIndia was ranked 135 out of 146 in a global gender gap index. CNBC's Tanvir Gill reports.

☆ The West needs to be vigilant on China support for Russia, EU says
▼ + stars: | 2023-03-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe West needs to be vigilant on China support for Russia, EU saysEU's Josep Borrell spoke exclusively to CNBC's Tanvir Gill at the end of the G-20 foreign affairs meeting in India.

☆ Ukraine war live updates: Situation 'critical' in Bakhmut as retreat contemplated; Russia and U.S. keep their distance at G-20
▼ + stars: | 2023-03-02 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

There will be consequences if countries choose to give weapons to Russia to help it prosecute the war in Ukraine, the Netherlands' Foreign Minister Wopke Hoekstra told CNBC Thursday. There will be consequences if countries choose to give weapons to Russia to help it prosecute the war in Ukraine, the Netherlands' Foreign Minister Wopke Hoekstra told CNBC Thursday. There have been concerns that China is contemplating giving Russia weapons to help it continue its war in Ukraine, although Beijing has rebuffed those claims. Ukraine would be discussed, he noted, saying "we all are facing the effects of this tremendous crisis for which Russia, and Russia alone, is responsible." Asked when he believed the war could end, Hoekstra was pessimistic it could come to a conclusion anytime soon.

☆ Bangladesh urges G-20 to force companies making profit from Ukraine war to compensate poor nations
▼ + stars: | 2023-03-02 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

Bangladesh's foreign minister said companies making "runaway profit" from the war in Ukraine should compensate affected, less developed nations. "In this war, some companies are making runaway profit... energy companies and the defense companies," AK Abdul Momen told CNBC's Tanvir Gill on the sidelines of the G-20 foreign ministers summit in New Delhi. "Therefore, we will argue that those companies that are making runaway profit, they should dedicate at least 20% of the profit to those countries that are most affected like us," he added, without naming specific companies. The war has also had major global economic ramifications, especially for countries like Bangladesh which imports most of its energy. The foreign minister said about 95% of the country's energy is imported.

☆ France says sanctions against Russia are 'very efficient' as more are being considered
▼ + stars: | 2023-02-27 | by ( Sumathi Bala | ) www.cnbc.com time to read: +5 min

watch nowFrance's finance minister told CNBC that additional sanctions are being considered against Russia for its unjustified war against Ukraine, as current measures have proven to be "very efficient." When you are looking at the assets that have been frozen — more than $58 billion, you can say that sanctions against Russia are efficient," said the finance minister. Bruno Le Maire French finance ministerThe European Union recently ramped up its oil sanctions against Russia. The Group of 7 implemented a $60 price cap on Russian oil on Dec. 5. Reuters reported that the G-7 economies agreed to review the level of the price cap on exports of Russian oil in March.

☆ Biden's IRA is the U.S. playing 'catch-up' after Trump, UK minister says
▼ + stars: | 2023-02-24 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

The U.K.'s Finance Minister Jeremy Hunt has said that the U.S. President Joe Biden's Inflation Reduction Act is a bid to play 'catch up' on clean energy investment. "We have to recognize that the United States is coming to this from behind," told CNBC's Tanvir Gill at the G-20 meeting in Bengaluru, India. Trump was highly vocal in his denial of climate change during his time in office, frequently rejecting warnings from climate scientists and famously withdrawing the U.S. from the Paris Climate Agreement within his first months in the job. "We will make sure that the U.K. continues to be a very attractive place for all clean energy investments, but we'll do it in a different way, our own way," he said. "We are very proud of the progress we have made, and we will continue to blaze a trail," he added.

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