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  • G7 to meet on Afghanistan deadline, Taliban recognition Aug 24, 2021 10:13 AM IST

    G7 to meet on Afghanistan deadline, Taliban recognition

    Widespread chaos punctuated by sporadic violence has engulfed Kabul’s airport since the Taliban took over the Afghan capital on Aug. 15, with Western and Afghan forces driving back crowds desperate to flee.

  • Britain to push for sanctions on Taliban at G7 meeting Aug 23, 2021 07:56 AM IST

    Britain to push for sanctions on Taliban at G7 meeting

    British Prime Minister Boris Johnson, who currently leads the group that includes the United States, Italy, France, Germany, Japan and Canada, called on Sunday for the virtual meeting, in the wake of the Taliban’s swift takeover of Afghanistan.

  • Joe Biden, Boris Johnson to hold virtual G7 leaders meeting next week on Afghan situation Aug 18, 2021 11:07 AM IST

    Joe Biden, Boris Johnson to hold virtual G7 leaders meeting next week on Afghan situation

    Biden and Johnson spoke over phone regarding the developments in Afghanistan, the White House said on Tuesday, adding that the two leaders commended the bravery and professionalism of their military and civilian personnel, who are working together in Kabul on the evacuation of their citizens and Afghan nationals who assisted in the war effort.

  • B3W vs BRI — World leaders have a B in their bonnets Jun 16, 2021 08:43 AM IST

    B3W vs BRI — World leaders have a B in their bonnets

    As the West gears up to counter China’s supremacy, New Delhi’s response is guarded as it has to balance India’s geopolitical and commercial interests

  • China sends record 28 fighter jets toward Taiwan Jun 15, 2021 07:14 PM IST

    China sends record 28 fighter jets toward Taiwan

    China's show of force comes after leaders of the Group of Seven industrialized nations issued a statement Sunday calling for a peaceful resolution of cross-Taiwan Strait issues and underscored the importance of peace and stability.

  • G7 plan to dislodge China as biggest source of infrastructure funding to benefit India Jun 14, 2021 06:25 PM IST

    G7 plan to dislodge China as biggest source of infrastructure funding to benefit India

    While parts of the G7 countries fund may later reach India through climate financing and sustainable development grants, officials say its biggest ripple effect will be in containing Chinese influence over India's traditional allies, who have increasingly veered towards Beijing following the Big Dragon's massive infrastructure investments

  • Govt should practise in India what it preaches to world: P Chidambaram on PM Modi's G7 speech Jun 14, 2021 02:23 PM IST

    Govt should practise in India what it preaches to world: P Chidambaram on PM Modi's G7 speech

    Prime Minister Modi on Sunday said India is a natural ally for the G7 and its partners in defending democracy, freedom of thought and liberty from a host of threats stemming from authoritarianism, terrorism, violent extremism and economic coercion.

  • G7 summit: From climate change protests to vaccine politics, here's a look at all the action Jun 13, 2021 03:10 PM IST

    G7 summit: From climate change protests to vaccine politics, here's a look at all the action

    Leaders of the G7 begin their first of three days of meetings on June 11 in Carbis Bay, in which they discussed COVID-19, climate, foreign policy and the economy.

  • China cautions G7: ‘small’ groups don’t rule the world Jun 13, 2021 02:31 PM IST

    China cautions G7: ‘small’ groups don’t rule the world

    “The days when global decisions were dictated by a small group of countries are long gone,” a spokesman for the Chinese embassy in London said. “We always believe that countries, big or small, strong or weak, poor or rich, are equals, and that world affairs should be handled through consultation by all countries.”

  • G7 provides 1 billion COVID vaccine doses, will work to give more: Communique Jun 13, 2021 02:24 PM IST

    G7 provides 1 billion COVID vaccine doses, will work to give more: Communique

    "The commitments since we last met in February 2021 including here in Carbis Bay provide for 1 billion doses over the next year," the communique said.

  • Joe Biden, wife Jill to have tea with Queen Elizabeth as G7 ends Jun 13, 2021 01:51 PM IST

    Joe Biden, wife Jill to have tea with Queen Elizabeth as G7 ends

    The 95-year-old British monarch will greet the Bidens in the Quadrangle of the castle, home to the royal family for nearly 1,000 years and where she has spent much of her time since the outbreak of the coronavirus pandemic.

  • What’s the G-7? An international economist explains Jun 13, 2021 12:57 PM IST

    What’s the G-7? An international economist explains

    Membership, which is decided internally, hasn’t changed much since the group’s founding in 1975. At the time, it included only six countries, all of which still belong. Canada joined a year later. Russia joined as an eighth member in 1998, temporarily changing the group’s moniker to the G-8, but Russia was ousted after it annexed Crimea in 2014.

  • WHO chief Tedros Adhanom Ghebreyesus says vaccine need outstrips G7 pledges Jun 13, 2021 07:54 AM IST

    WHO chief Tedros Adhanom Ghebreyesus says vaccine need outstrips G7 pledges

    “The challenge, I said to the G-7 leaders, was that to truly end the pandemic, our goal must be to vaccinate at least 70% of the world''s population by the time the G-7 meets again in Germany next year,” WHO Director-General Tedros Adhanom Ghebreyesus told reporters Saturday at the summit in southwest England.

  • G7 Summit: PM Narendra Modi attends outreach session; calls for 'one earth one health' approach for pandemic Jun 13, 2021 07:36 AM IST

    G7 Summit: PM Narendra Modi attends outreach session; calls for 'one earth one health' approach for pandemic

    In his address, PM Narendra Modi sought the support of the G7 countries for a proposal moved at the WTO by India and South Africa, for patent waiver on Covid related technologies.

  • G7 reaches consensus on China dumping, human rights abuses: US official Jun 13, 2021 07:26 AM IST

    G7 reaches consensus on China dumping, human rights abuses: US official

    The official, speaking on condition of anonymity, said the leaders of the Group of Seven world's largest advanced economies had also agreed on the need to coordinate on supply chain resilience to ensure democracies are supporting each other.

  • G7: why major economies are delaying a break with the fossil fuel industry Jun 12, 2021 03:16 PM IST

    G7: why major economies are delaying a break with the fossil fuel industry

    While the leaders of the world’s richest countries agree in theory on the need to reach net zero emissions by 2050 at the latest, they remain faithful to a fossil fuel industry reluctant to substantively change its business model.

  • US says G7 may reallocate $100 billion from IMF funds to COVID-ravaged nations Jun 12, 2021 07:49 AM IST

    US says G7 may reallocate $100 billion from IMF funds to COVID-ravaged nations

    The issue will be on the table when G7 leaders discuss how to help steer the world's recovery from the coronavirus pandemic at a three-day summit in Cornwall, England, which began on Friday.

  • What G7’s global minimum tax holds for India Jun 11, 2021 01:10 PM IST

    What G7’s global minimum tax holds for India

    A global minimum corporate tax rate of 15 percent is expected to be beneficial for India. The Tax Justice Network estimates the country to gain at least $4 billion, equivalent to ~6 percent of FY21 corporate tax collections 

  • G7 Summit: What's on the agenda? And what is on the dinner menu? Jun 11, 2021 10:13 AM IST

    G7 Summit: What's on the agenda? And what is on the dinner menu?

    Steak and lobster, toasted marshmallows and more — here's what G7 leaders have on their food menu this weekend

  • G7 Minimum Tax | First steps towards a paradigm shift in international tax laws Jun 10, 2021 04:50 PM IST

    G7 Minimum Tax | First steps towards a paradigm shift in international tax laws

    From the Indian perspective, considering that its corporate tax rate already exceeds the proposed global minimum tax rate, the G7 global minimum tax is unlikely to adversely impact companies operating in India

  • Key G7 panel recommends new body to monitor global trade in semiconductors, critical supplies Jun 10, 2021 02:07 PM IST

    Key G7 panel recommends new body to monitor global trade in semiconductors, critical supplies

    Given the fluctuations in trade, rising demand and growing scarcity of raw material, the proposed Critical Supply Forum will become significant for major users of semiconductors including India.

  • G7 summit: India to bat for global vaccine waiver, funding for global effort Jun 09, 2021 07:16 PM IST

    G7 summit: India to bat for global vaccine waiver, funding for global effort

    Officials say the response by the 'world's richest club' to the ongoing pandemic will set the tone for global efforts for rest of 2021.

  • With G7 summit the first stop, Joe Biden embarks on 8-day trip to Europe Jun 09, 2021 10:50 AM IST

    With G7 summit the first stop, Joe Biden embarks on 8-day trip to Europe

    Biden will make his first stop at the seaside village of St. Ives in Cornwall where he will participate in the G7 summit. The meeting is expected to be dominated by vaccine diplomacy, trade, climate and an initiative for rebuilding infrastructure in the developing world. U.S. officials see that effort as a way to counter China's growing influence.

  • G7 countries devise way to catch Amazon in tax net Jun 09, 2021 08:48 AM IST

    G7 countries devise way to catch Amazon in tax net

    G7 finance ministers agreed that governments should get the right to tax at least 20% of profit earned in their country by a multinational, when this profit was over a 10% margin.

  • Yellen’s new alliance against Leprechauns Jun 08, 2021 06:00 PM IST

    Yellen’s new alliance against Leprechauns

    The tax deal would also greatly reduce the incentive for countries to serve as tax havens in the first place

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