Russian President Vladimir Putin, in an exclusive interview with Business Today, dismisses the relevance of the G7, stating, "I can hardly understand why countries of the G7 call themselves G7." Speaking from the Kremlin, Putin highlights the shifting global economic balance, noting that "India's economy in purchasing power ranks third" while questioning the standing of the UK and other Western nations. He points to the "recession in Germany" which is "very much there for the third year in a row