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Canada's last-minute G-7 invite to PM signals thaw

Financial Express Ahmedabad

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June 10, 2025

AS LAST-MINUTE INVITATIONS go, this one went down to the wire. After an initial snub, India's Prime Minister Narendra Modi confirmed Canada has invited him to the upcoming Group of Seven summit.

- KARISHMA VASWANI Bloomberg

President Donald Trump's trade war is bringing the two nations, whose relations have been strained in recent years, closer together.

India isn't a member of the G-7—a grouping of the world's richest countries comprising the US, UK, Germany, France, Italy, Canada, and Japan. But it has been a regular attendee. This will be the nation's 12th time participating and Modi's sixth consecutive invitation. Ottawa had originally decided to leave him off the list, a move that raised questions about India's credibility in the international arena.

But newly elected Canadian leader Mark Carney has likely made an important calculation: Getting India onside is crucial as he tries to show that democracies can still function collaboratively, even in a fragmented world order. This comes despite Freedom House classifying the South Asian giant as only partly free, noting that the government led by Modi and the Hindu nationalist Bharatiya Janata Party has presided over discriminatory policies and a rise in persecution affecting Muslims.

MÁS HISTORIAS DE Financial Express Ahmedabad

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Amagi Media Labs fixes ₹343-361 price band for IPO

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Large-caps will offer attractive risk-reward this year

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Alphabet pips Apple, No. 2 in m-cap

AFTER THE Al BOOM

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Zepto free delivery limit at ₹149 now

RAISING THE BAR

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Low prices reason behind fall in agri GVA growth

e 2.7% growth in H2 indicated

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Jewellery stocks decline despite robust Q3 updates

SHARES OF JEWELLERY companies, including Senco Gold, PC Jeweller, Kalyan Jewellers, PN Gadgil, TBZ and Titan, fell on Thursday, a day after staging a sharp rally on the back of strong Decemberquarter (Q3) updates.

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