Morning news wrap: Canada PM says G7 summit invite to PM Modi 'made sense,'; Tesla stock crash wipes out $380bn in 2025 & more

Today's top news included stories from India, world and business. Canadian Prime Minister Mark Carney defended the decision to invite Prime Minister Narendra Modi to the G7 summit. Meanwhile, Congress leader Rahul Gandhi launched a sharp attack on the BJP, accusing it of poll rigging in Maharashtra and warning of a repeat in Bihar.On the global front, Tesla has seen a staggering $380 billion wiped off its market value in 2025, making it the biggest large-cap loser this year. In the US, ICE raids across Los Angeles triggered massive protests and arrests, raising tensions over immigration enforcement. Back in cricket, KL Rahul is eyeing a stable role in the Indian team during the England tour, hoping to end years of uncertainty and shifting positions.Top five stories of the dayG7 summit invite to PM Modi 'made sense,' says Canada PM Mark CarneyCanadian Prime Minister Mark Carney said inviting PM Narendra Modi to the G7 summit was logical, citing India's economic prowess, he said that it "made sense" to have the fifth largest economy at the table."There are certain countries that should be at the table for those discussions and in my capacity as G7 chair consultation with others some others make those determinations. India is the fifth largest economy in the world, effectively the most populous country in the world central to a number of those supply chains at the heart of the number of those supply chains so it makes sense," he added. Read full storyRahul Gandhi alleges BJP 'rigging', warns of 'match-fixing' in Bihar pollsCongress leader Rahul Gandhi again accused the Bharatiya Janata Party of engaging in "poll rigging". Citing last year's Maharashtra polls, he cautioned against similar "match-fixing" activities by the saffron party in the upcoming Bihar polls."How to steal an election? Maharashtra assembly elections in 2024 were a blueprint for rigging democracy," he said as he went on to list out the alleged sequence. He noted that the alleged tampering begins by "rigging the panel for appointing the Election Commission". Read full storyTesla's $380 billion wipeout marks biggest 2025 loss among top companies, with Trump-Musk feud deals most crushing blowThe unlikely political alliance between US President Donald Trump and Tech billionaire Elon Musk has ended with Tesla's shares paying the price. The fallout began after Musk openly slammed Trump’s new tax-and-spending bill on social media.Since January, the company has lost over $380 billion in market value, making it the biggest loser among one of the major global stocks this year. Read full storySmoke bombs, protests, arrests: Tensions soar in Los Angeles after ICE raidsImmigration and Customs Enforcement (Ice) agents on Friday carried out a series of immigration sweeps, including two Home Depots, that sparked a tense standoff between the official and demonstrators.Approximately 500 demonstrators walked through streets near the federal building, displaying pro-immigrant banners and flags, following a rally organised by the Coalition for Humane Immigrant Rights (CHIRLA) on Los Angeles Street. Read full storyIndia tour of England: KL Rahul eyes stability after musical chairsWhenever an Indian captain has found himself in trouble, they’ve often turned to their 'Rahuls'. Be it Sourav Ganguly, Virat Kohli, or the recently-retired Rohit Sharma, their 'Rahuls' have delivered when it mattered most.Rahul Dravid, India’s legendary Test batter, frustrated world-class pace attacks as he stood guard like his life depended on it. KL Rahul has played a comparable role for his captains — MS Dhoni, then Kohli, and most recently, Rohit. Read full story