G20

A revitalised group can act as a counterweight to BRICS

The G20 summit showed how far the country has come and pointed to where it may go. But what happens next depends on the choices India makes.

The G20's robust response to the 2008 financial crisis "rescued a global financial system in free fall". It continues to affect positive change 15 years later.

The Saudi crown prince along with US President Biden and leaders of the EU, India and the UAE, jointly announced the project on the sidelines of the G20 summit

India is making a concerted effort to make the G20 summit in Delhi a success. It wants to turn the focus from the Ukraine war to issues like climate change, global financial forms and debt relief.

The bloc is no stranger to criticism over how it reflects the world and whether or not it has accountability along with its influence. This weekend's top-level summit is a test – and an opportunity.

China and Russia are boycotting the event, unhappy that India has been cosying up to the West. On his part, Modi is keen to make the event a success and be seen rubbing shoulders with world leaders.

The move to the top of the world economy's most-watched league table comes as the Vision 2030 reforms cut oil dependence. While the IMF opens a Riyadh office, Saudi is sticking with some subsidies.