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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.

Financial Express Ahmedabad'den DAHA FAZLA HİKAYE

Financial Express Ahmedabad

Goyal in Brussels this week to expedite EU trade deal

COMMERCE AND INDUSTRY Minister Piyush Goyal will hold meetings with European Union Commissioner for Trade & Economic Security Maros Sefcovic in Brussels over two days later this week on key areas of the proposed free trade agreement, aiming to narrow divergences and ensure clarity on outstanding matters to expedite the conclusion of the deal.

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RP-Sanjiv Goenka Group to take its couture label global

SET FOR WORLD PLAY

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CCI finds JSW, Tata Steel, SAIL guilty of collusion

· Probe also holds top execs liable; steel giants may face steep fines

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Senior Cong leader, sports administrator Kalmadi dies

CONGRESS VETERAN AND former Union minister Suresh Kalmadi, known for a multifaceted career that intertwined politics and sports administration, passed away in Pune on Tuesday following a prolonged illness at the age of 81, family sources said.

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1 min

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Telcos to deliver steady Q3; Arpu may rise 0.4-1%

STRONG SIGNAL Q3 KPI expectations across private telcos ·Airtel (India Wireless) ·Jio (standalone) Vodafone Idea

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Financial Express Ahmedabad

Rupee breaks losing streak, importer hedging trims gains

STILL FRAGILE

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China slaps export curbs on Japan

CHINAIMPOSED CONTROLS on exports to Japan with any military use, intensifying a dispute between Asia’s top economies over remarks Japanese Prime Minister Sanae Takaichi made last year on Taiwan.

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1 min

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Financial Express Ahmedabad

...eyes Nexon EV turf with 3XO model

MAHINDRA ON TUESDAY launched the XUV 3XO EV, priced from ₹13.89 lakh (exshowroom), positioning it directly against the segment-leading Tata Nexon EV.

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Sapphire-Devyani merger to create $1-bn QSR giant

THE MERGED ENTITY of Sapphire Foods India and Devyani International is likely to cross $1 billion in annual revenue once the transaction is completed, Ravi Jaipuria, non-executive chairman of Devyani International, said on Tuesday, outlining plans to scale KFC while prioritising a turnaround of Pizza Hut in India.

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2 mins

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Experts: Govt's GST growth may halve from FY26BE

THE MONTHLY GROSS goods and services tax (GST) collections for November-December (October and November transactions) came in 10.8% below the monthly average observed during the April-October period, reflecting the initial impact of the GST rate rationalisation.

time to read

1 mins

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