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Wednesday, July 23, 2025
TopicG7

Topic: G7

G7 pledges phase-out of fossil fuels, but no consensus on timeline to introduce coal-free power

Ahead of G7 summit in May, nations published a 36-page communiqué outlining their pledges. Coal, however, remains a sore point as countries remain indecisive about a full phase-out.

G7 environmental ministers to adopt plan for key minerals’ stable supply, Yomiuri reports

Japanese industry minister Yasutoshi Nishimura is considering proposing plan for minerals, integral for battery electric vehicle motors, to strengthen economic security.

Clean energy transition at core of domestic & foreign policy for G7 chair Japan

Energy-poor Japan, the world's third-biggest economy, aims to reach carbon neutrality by 2050 using a mix of fuels like hydrogen, wind and nuclear power.

PM Narendra Modi urges G20 to focus on ‘unsustainable debt’

Trust in international financial institutions has eroded, partly because the lenders had been slow to reform themselves, Modi said in a video message.

G7 finance chiefs to meet on 23 Feb to discuss measures against Russia

Japan is chairing G7 ministerial meetings this year in the run-up to the May 19-21 summit meeting of G7 leaders in Hiroshima.

G7 agrees to review level of price cap on Russian oil in March, says US

US Treasury said the Group of Seven officials agreed to review price cap on Russian oil exports next month, later than originally planned in order to give time to assess the market.

Russia will stop oil supply if G7 price cap imposed, says envoy to India Denis Alipov

The Russian ambassador said stopping supply to global markets would lead to acute shortages and surging prices.

Steel sector produces more CO2 than any other heavy industry. But going ‘green’ can help

Green steel is gaining momentum as steel companies try and reduce their carbon footprint, but the transition is too costly.

G7 infra plan a lifeline developing nations can’t ignore but first crack this code, like BRI

Silk roads are getting bumpier but Beijing will maximise its pursuit of global leadership as long as it perceives that Washington seeks to deny it any.

Modi and Trudeau talk security & trade in first bilateral meeting since 2018 debacle

Modi met Canadian counterpart Trudeau on sidelines of G7 Summit in Germany. The Khalistan issue, a major irritant in ties, was discussed under the larger umbrella of counterterrorism. 

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.