Page 4 - G7

Russia-Ukraine war: G7 leaders mull untried plan to manipulate oil prices

The dueling escalation underscored how the war in Ukraine has consumed global politics and the world economy

India connection of Schloss Elmau, venue of G7 summit in Germany

Schloss Elmau, the venue of G7 summit in Germany, has a deep Indian connection with visitors being welcomed by Lord Ganesha and a motif of elephant running through the facility. Official sources said the Indian influence on Schloss Elmau, which had hosted the annual meeting of leading democratic economies in 2015 too, is attributed to its owner Dietmar Muller, who had lived in India in his youth and was involved in charitable activities. He had also made investment in the information technology sector. A restaurant has also been named after God Ganesha, who is associated with new beginnings and revered for his ability to remember and judge. Several yoga and wellness centres in Schloss Elmau have Indian names, including Ananda spa Restaurant, Jivamukti Yoga Studio and Shantigiri spa, officials noted. They added that Muller has spoken about the reason for his deep India connection, saying the inspiration of "individual freedom is very pronounced" there. Inspired by Indian architectu

LIVE: Alt News co-founder Mohammed Zubair arrested by Delhi police

Zubair was arrested under sections 153/295 IPC

Modi highlights Indian efforts for green growth, clean energy at G7 summit

Prime Minister Narendra Modi on Monday highlighted India's efforts for green growth, clean energy, sustainable lifestyles and global wellbeing, at a G7 summit session here. Prime Minister Modi, who is in Germany on a two-day visit from Sunday for the summit of the G7, was received by German Chancellor Olaf Scholz upon his arrival at Schloss Elmau, the picturesque venue of the summit in southern Germany. "Becoming pro-planet people. Investing in a better future. In the @G7 session on climate, energy & health, PM @narendramodi highlighted India's efforts for green growth, clean energy, sustainable lifestyles & global wellbeing," Ministry of External Affairs Spokesperson Arindam Bagchi tweeted. Before the start of the summit, Prime Minister Modi shook hands with US President Joe Biden and Canadian Prime Minister Justin Trudeau as the leaders assembled for a group photo. This was the first meeting between Modi and Biden after they met in Japan for the Quad summit in May. The two ..

G7 plans more sanctions against Russia; Ukraine to get $29.5-bn support

The Group of Seven (G7) leaders on Monday said they intend to continue to impose individual sanctions against Russia amid a "devastating war" that has produced dramatic consequences

G7 set to back pursuing Russian oil price cap, tariff hikes due to Ukraine

The Group of Seven economic powers are set to announce an agreement to pursue a price cap on Russian oil, aiming to curb Moscow's energy revenues, a US official said

Gold rises as G7 nations plan to ban precious metal imports from Russia

"The G7 import ban on Russian gold seems to be providing some short-term support in early Asia (trading)," OANDA senior analyst Jeffrey Halley said

G-7 leaders set to commit to support long haul in backing Ukraine

Leaders of the Group of Seven economic powers are set to commit themselves to the long haul in supporting Ukraine as they meet in the German Alps and confer by video link with Ukrainian President

G7 leaders mock Putin over shirtless, bare-chested horse-riding picture

The leaders of the Group of Seven on Sunday mocked Russian President Vladimir Putin over his shirtless, bare-chested horse-riding picture

Fresh blow to Russian economy as G7 nations to announce sanctions on gold

To give another blow to the Russian economy, US on Sunday said that the Group of Seven (G7) countries are going to announce sanctions on Russian gold

US aims to raise $200 bn as part of G7 rival to China's Belt & Road

Increasingly worried about China, G7 leaders first floated plans for the project last yr, and are formally launching it now under a fresh title, 'Partnership for Global Infrastructure and Investment'

G7 to halt Russian gold import; missiles hit Ukrainian capital Kyiv

Leaders address soaring inflation, recession threat

G7 countries weigh Russia oil-price cap via insurance, shipping ban: Report

President Vladimir Putin's invasion of Ukraine and its economic fallout are the key topics under discussion at a three-day summit under way in the Bavarian Alps

Looking forward to fruitful discussions with G7 leaders: PM Modi in Germany

PM Modi said he was looking forward to "fruitful discussions" with world leaders on topical issues like climate, energy, food security, counter-terrorism, environment, gender equality and democracy

PM Modi arrives in Germany on a two-day visit to attend G7 summit

PM Modi arrived here on a two-day visit to Germany during which he will attend the G7 summit and discuss issues like energy, food security, counter-terrorism, environment and democracy

India at G7 summits shows West needs its support: Foreign Secretary Kwatra

Modi will be holding bilateral meetings and discussions with the leaders of G7 and also the guest countries on the sidelines of the G7 summit

How G7 could help the debt-distressed

This small and wealthy group with its outsize power is uniquely positioned to help low-income countries manage deteriorating macroeconomic conditions

India invited to G7 because their agenda is 'deep and diverse': US

US National Security Council coordinator John Kirby said that India had been invited to G7 because the agenda is "deep and diverse" and "it is not about trying to splinter them off" from Russia

Rapid transition to clean energy could create 15 mn jobs by 2025: Report

'India could witness eight dollars or 10 per cent reduction in per capita energy expenditure by 2025 when compared with business as usual scenario'

G7 nations consistently breaking promises for climate finance: Report

CARE's analysis uses data reported to the United Nations Framework Convention on Climate Change (UNFCCC) to assess whether this reported climate finance is in fact "new and additional"