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Canada, India, and a Hinge Moment for Our Economy

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We are living through a hinge moment for Canada’s economy and our place in the world.As the Prime Minister said recently in Davos, this is a rupture, not a transition. Longstanding assumptions about global trade, multilateralism, energy security, and economic partnerships no longer hold.The old order is not coming back, and nostalgia is not a strategy. So the question facing Canada is straightforward: how do we respond?My recent trip to India was part of our answer.Earlier this month, I represented Canada at India Energy Week in Goa and met with Indian ministers, industry leaders, and global energy partners in New Delhi to discuss trade opportunities that will play a key role in the reset and strengthening of CanadaIndia relations.

This was the first time a Canadian federal minister has attended India Energy Week — and that matters. It signals a clear shift in how Canada is engaging with one of the most consequential economies of this century.For Canadians — and especially for the many families in Markham–Thornhill with deep ties to India — this visit was critical. It reflects Canada’s commitment to diversification, to resilience, and to building long-term prosperity in a changing world.India is already the fastest-growing major economy on the planet. It is also the country with the fastest-growing energy demand, roughly equal to China and Southeast Asia combined.

By 2040, India’s energy consumption is expected to more than double. It is pretty clear: if Canada is serious about being an energy superpower, we have to be serious about India.Today, Canada and India’s two-way trade exceeds $23 billion annually and supports hundreds of thousands of jobs in both countries. It is supported by the close people-topeople ties between our two nations. But we are nowhere near the ceiling of what is possible.

That is why under Prime Minister Carney, we have restarted negotiations on a Comprehensive Economic Partnership Agreement, or CEPA, which is expected to more than double bilateral trade to $70 billion by 2030. Energy, critical minerals, clean technology, agriculture, and advanced manufacturing will all be central to that agreement, and growing Canada-India trade and investment.My objective during my trip to India was simple: turn Canada’s competitive advantages into future trading opportunities.In Goa, I met with Minister Hardeep Singh Puri, India’s Minister of Petroleum and Natural Gas, where we officially reinstated the Canada–India Ministerial Energy Dialogue.

This renewed dialogue creates a sustained government-to-governmentplatform focused on bringing clean and conventional Canadian energy – areas where Canada has world-class products to sell and India has enormous demand – to India.Restarting the Ministerial Dialogue may sound like government-speak. But this matters because India’s energy sector is largely state-directed. Clear policy alignment and an endorsement of Canada by Minister Puri sends a powerful signal to Indian buyers and investors that Canada is open for business and a priority market for them to look to as they scale up to meet national demand.On LNG alone, India aims to increase the share of natural gas in its energy mix to 15 percent by 2030, up from roughly six percent today.

Beginning this past June, Canada has started shipping LNG from our west coast, so we are well-positioned to help meet that demand with reliable, responsibly-produced LNG, supporting India’s energy security while lowering global emissions.Beyond oil and gas, while in New Delhi, I met with India’s Ministers of New and Renewable Energy, Heavy Industries, and Chemicals and Fertilizers. Our discussions covered clean power deployment, industrial decarbonization, fertilizer supply chains, critical minerals, electric vehicles, and advanced manufacturing. In each case, the message was clear: Canada has what India needs, and India offers a market that provides significant opportunities for Canadian companies.On critical minerals, we made tangible progress. India recently launched a $4-billion National Critical Minerals Mission to secure inputs like lithium, copper, and cobalt — minerals Canada produces to some of the highest environmental and labour standards in the world. We agreed to formalize cooperation between our two countries in the coming weeks, and I was pleased to invite India’s Minister of Mines to attend the PDAC mining conference in Toronto this March.Ultimately, this trip reflects Canada’s new, pragmatic approach to global engagement: building strength at home while diversifying abroad, so we are never dependent on any single market again.Canada is a stable democracy, a trusted supplier, and a dependable long-term partner in an increasingly volatile global economy. We have low-cost, low-carbon energy. We have responsibly sourced critical minerals. And with our Pacific gateway now fully open, we are well-positioned to serve growing Asian markets like India.Strengthening our relationship with India is not optional.

It is essential to Canada’s economic resilience, our energy leadership, and our future prosperity. This visit helped put the relationships, policy frameworks, and commercial pathways in place to deliver real results — for workers, for businesses, and for communities across Canada.In a world defined by uncertainty, Canada is choosing its own path, and building a strong, prosperous country for everyone.

Budget 2025: Strengthening Canada’s Sovereignty and Securing Our Future. 

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In our rapidly changing world, we can’t control what others do, but we can control what we do here at home—and we are choosing to build Canada Strong.

Budget 2025 is about this choice. It is Canada’s new government’s plan to transform our economy into one that is strong, confident, and prosperous.

“Budget 2025 captures our government’s bold vision for our future: a strong, sovereign, and resilient Canada that works for Canadians for the next four years and the next four decades. We are making transformative investments to address affordability, housing, climate, defense, AI, and trade. We are making sure that Canadian businesses and industry thrive as we build Canada’s future as a global leader and energy superpower.” – Hon. Tim Hodgson, MP Markham-Thornhill.

Canada’s new fiscal plan is more than a strategic blueprint for the economy. Budget 2025 safeguards the vital programs that millions of Canadians rely on, including dental care, pharmacare and childcare, and helps the millions who receive the Canada Child Benefit, Workers Benefit, and Disability Benefit by ensuring funding for these and other critical programs continue. The budget also makes Canada’s National School Food Program permanent, benefitting up to 400,000 children every year, so no kid has to go to school hungry.

Your government remains committed to supporting Canadians at every stage of life, and that’s why Budget 2025 supports programs like Canada Summer Jobs for young people looking to gain valuable skills and work experience, and the New Horizons for Seniors Program that improves quality of life for seniors.

The Budget tackles affordability head-on. We are providing a middle-class tax cut for nearly 22 million Canadians, to alleviate the pressure we are all facing. We eliminated the GST on new homes up to $1 million for first-time buyers and a partial rebate on homes up to $1.5 million, so the dream of home ownership is less out-of-reach. And we confirmed that the CRA can automatically file tax returns for low-income seniors and individuals, to ensure Canadians get the benefits they are owed without delay.

To make life better in communities like Markham-Thornhill across the country, we created the Build Communities Strong Fund, a $51 billion investment to improve and expand essential infrastructure like hospitals, water systems, roads, and transit, which will connect us better and keep our neighbourhoods cleaner and stronger.

We are getting back into the housing game, responding to the housing supply gap by doubling construction, restoring affordability, and reducing homelessness with the creation of Build Canada Homes. This agency will get homes built faster than they have for generations, create demand for Canadian materials like lumber, and modernize construction to ensure affordable homes are built in Markham-Thornhill and in every corner of Canada.

Underpinning our entire approach is our government’s new Buy Canadian Policy: Canada’s first comprehensive strategy that mandates the use of more Canadian steel, aluminum, lumber, and other domestic products and services, so we can finally be our own best customers. This means public dollars will be used to strengthen Canadian supply chains, support homegrown industry and innovation, and strengthen our economy.

In an era of growing global instability, Budget 2025 also makes critical investments in Canada’s security. Over $81 billion in defence and security funding will ensure the Canadian Armed Forces have the tools they need, while 1,000 new RCMP personnel and the new Financial Crimes Agency will protect Canadians across the country. Because Canada Strong means Canada must be safe.

This is a generational plan. We are leading the G7 to build a more sovereign and resilient country. We will control our own destiny and secure long-term economic stability for Canadian families and businesses, so we remain, proudly, the True North, Strong and Free.

BLS International Partners with Sypha.ai to accelerate Next-Generation AI-Powered Digital Infrastructure for Service Excellence

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Benefits include dramatically improving speed, reliability, compliance and the faster rollout of new digital services, as well as significantly shorter visa processing cycles, improved fraud detection and risk scoring, and seamless, transparent user experiences for citizens and travelers worldwide.

Canada, 8th December 2025 – BLS International Services Limited (“BLS International”), a trusted global tech-enabled services partner to governments and diplomatic missions worldwide and a key player in Canada, today announced a strategic technology partnership with Sypha AI, a leading provider of enterprise AI software engineering platforms. Following the successful rollout of our AI Voice Bot in Canada, BLS International is now advancing into the next phase of AI-driven service transformation through its partnership with Sypha.ai. This collaboration strengthens the organization’s ability to modernize platforms, enhance risk intelligence, and deliver faster, more secure and highly responsive citizen services. Canada’s strong digital ecosystem makes it the ideal market to lead this next wave of intelligent public service infrastructure.

Sypha’s AI-driven software engineering platform accelerates modernization of large, mission-critical systems by automating architecture refactoring, secure-by-design code generation, and next-generation application development. These advanced capabilities allow enterprises to re-engineer complex systems in a fraction of traditional timelines to dramatically improving speed, reliability, and compliance.

BLS International’s technology backbone is central to its service excellence. Through this partnership, BLS International will leverage Sypha’s AI-driven development stack to accelerate software engineering, modernize legacy platforms, and build intelligent, scalable solutions tailored for global visa, consular, and citizen service ecosystems. This includes faster rollout of new digital services, significantly shorter visa processing cycles, improved fraud detection and risk scoring, and seamless, transparent user experiences for citizens and travelers worldwide.

Shikhar Aggarwal, Joint Managing Director at BLS International, said, AI is redefining the visa and consular services landscape — evolving from intelligent automation to advanced risk-based decisioning and highly personalized citizen experiences. At BLS International, technology has always been core to how we scale and serve, and our collaboration with Sypha.ai marks the next transformative leap. With AI-driven engineering, we are building smarter, more secure and future-ready digital public infrastructure, and setting new benchmarks for our industry.”

Shawn Chauhan, CEO & Founder of Sypha AI, said, “This strategic partnership between BLS International and Sypha AI marks a significant step in building future ready, AI-powered solutions at a global scale. BLS’s experience in serving governments across 70 countries, combined with Sypha’s enterprise AI expertise, exemplifies the potential of Indian innovation on the world stage.”

With international travel accelerating and the global visa outsourcing market projected to almost double from US$1.7B in 2024 to US$3.2B by 2029 [As per the industry report], technology will be the decisive driver of scale and differentiation. From AI-powered recommendations and immersive digital experiences to secure, contactless journeys supported by real-time services, travellers and governments increasingly expect seamless, intelligent and transparent interactions. By combining BLS International’s global expertise in citizen and consular services with Sypha’s advanced AI-engineering capabilities, the partnership aims to reshape digital public infrastructure for the visa and travel ecosystem.

FY26 has marked a period of strategic expansion for BLS International, with the company securing key contracts from India in China, Cyprus in Kazakhstan and Slovakia in 80 countries —strengthening its footprint across Asia and Europe. This momentum was reflected in the company’s strongest quarterly performance to date. In Q2FY26, BLS International reported consolidated revenue of INR 736.6 crores, representing a 48.8% year-on-year increase, while net profit reached INR 185.7 crores, up 27.4% year-on-year.

About BLS International Services Limited:

BLS International Services Ltd. is a trusted global tech-enabled services partner for governments and citizens, having an impeccable reputation for setting benchmarks in the domain of visa, passports, consular, citizen, e-governance, attestation, biometric, e-visa, and retail services since 2005.

The company is recognized as “India’s Most Valuable Companies” by Business Today Magazine, “Best under a Billion’ Company” by Forbes Asia and ranked among “Fortune India’s Next 500 companies”. The company works with over 46 client governments, including Diplomatic Missions, Embassies, and consulates, and leverages technology and processes that ensure data security. The Company now has an extensive network of more than 50,000+ centers globally, with a robust strength of over 60,000+ employees and associates that provide consular, biometrics, and citizen services.

BLS International is certified with CMMI DEV ML5 V2.0 & SVC ML5 V2.0 for Process Improvements, ISO 9001:2015 for Quality Management Systems, ISO 27001:2013 for Information Security Management Systems, ISO 14001:2015 for Environmental Management Systems, and more.

BLS International is the only listed company in this domain with operations in over 70 countries.

For more information, please visit www.blsinternational.com.

About BLS International in Canada:

Established in 2014, BLS International operates in 12 Visa Application Centres in Canada as a partner to the High Commission / Consulate General of India, providing visa, passport, consular, and citizen services with a focus on security, compliance, and customer experience. In addition, BLS International is also supporting the USA Government for greeter and document pick-up and drop-off.

For any further queries, please contact – Pooja Arora: pooja.arora@blsinternational.net

BLS International Hosts Christmas Meet & Greet in Canada

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Brampton, Ontario, December 9, 2025: BLS International, a global leader in tech-enabled services for governments and citizens, hosted a warm and vibrant Christmas Meet & Greet in its Brampton Centre, bringing together members of the local community for an evening of celebration and connection. The event was attended by over 30 attendees including politicians – Amarjot Sandhu (MPP, Brampton West), Bob Dosanjh (MP Candidate, Brampton East, Conservative Party of Canada) and members from Consulate General of India, among others.

The event created a meaningful platform for dialogue, relationship-building, and community engagement in a relaxed and welcoming environment. Some of the community members addressed queries related to BLS Operations.

Speaking on the occasion, Anirban Bose, Regional Head, BLS International Canada said, “Christmas is a time to reflect on the values of compassion, connection, and service. At BLS International, we remain deeply committed to strengthening our relationship with all the communities we serve, and this celebration is an expression of our gratitude and continued partnership.”

With 12 Visa Application Centres across Canada, BLS International continues to play a pivotal role in supporting consular, passport, visa and citizen services for thousands of applicants every year, in close coordination with the Consulate General of India.

About BLS International Services Limited:

BLS International Services Ltd. is a trusted global tech-enabled services partner for governments and citizens, having an impeccable reputation for setting benchmarks in the domain of visa, passports, consular, citizen, e-governance, attestation, biometric, e-visa, and retail services since 2005.

The company is recognized as “India’s Most Valuable Companies” by Business Today Magazine, “Best under a Billion’ Company” by Forbes Asia and ranked among “Fortune India’s Next 500 companies”. The company works with over 46 client governments, including Diplomatic Missions, Embassies, and consulates, and leverages technology and processes that ensure data security. The Company now has an extensive network of more than 50,000+ centers globally, with a robust strength of over 60,000+ employees and associates that provide consular, biometrics, and citizen services.

BLS International is certified with CMMI DEV ML5 V2.0 & SVC ML5 V2.0 for Process Improvements, ISO 9001:2015 for Quality Management Systems, ISO 27001:2013 for Information Security Management Systems, ISO 14001:2015 for Environmental Management Systems, and more.

BLS International is the only listed company in this domain with operations in over 70 countries.

For more information, please visit www.blsinternational.com.

About BLS International in Canada:

BLS International established its Canadian base in 2013 and currently operates 12 Visa Application Centres in cities Canada-wide as a partner to the High Commission and Consulate General of India. It is a leading provider for visa, passport, consular, and citizen services with a focus on security, compliance, and customer service excellence.

For any further queries, please contact – Dr. Pooja Arora, Corporate Communications Manager: pooja.arora@blsinternational.net

Federal Government introduces new bail and sentencing reforms to protect Canadians.

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Canada’s new government is taking decisive action to ensure our communities remain safe places to live, work, and raise a family – including for families and neighbours in Markham-Thornhill. Bill C-14, the Bail and Sentencing Reform Act, is taking action on crime by making bail laws stricter and sentencing laws tougher for repeat and violent offenders, supporting law enforcement, and investing in long-term crime prevention.This important legislation introduces over 80 changes to the Criminal Code to protect Canadians, including:

• Requiring reverse-onus bail for major crimes.

• Allowing consecutive sentencing so multiple crimes mean longertime behind bars.

• Imposing harsher penalties for organized retail theft.

• Restricting conditional sentences for several sexual offences.Typically, during the bail process the “onus”, or responsibility, is on prosecutors to prove why an accused person should stay in jail. In a reverse onus situation, the accused must prove why they should be released. This means that individuals who have been accused of dangerous crimes will stay behind bars unless they can convince the court they are not a threat to public safety.The Act will enforce tougher sentencing laws by imposing consecutive sentences for violent crimes like auto theft, breaking and entering, extortion, and arson. This will require offenders to serve prison terms one after another rather than simultaneously.The legislation also introduces aggravating factors—circumstances that make crimes more serious and warrant harsher penalties—for offences against first responders and essential infrastructure. It also eliminates house arrest for certain sexual offences, restores driving bans for serious vehicular crimes, and strengthens fine enforcement.“While we are encouraged that crime rates in York Region have been declining, we cannot ignore that nationally, rates have increased over the last decade, particularly for serious offences. Our government shares the concerns felt by Canadians that one violent crime is one too many. Our number one priority is keeping Canadians safe, but we recognize there is still work to do. That is why Bill C-14 will strengthen Canada’s Criminal Code to keep violent and repeat offenders off our streets and keep the Canadian public safe.” – Hon. Tim Hodgson, Member of Parliament for Markham-Thornhill.Public safety depends on everyone working together. The federal government establishes the legal framework by creating Criminal Code provisions that govern when and how bail can be granted, but these laws are only effective when provincial and territorial governments fulfill their critical role of administering justice by conducting bail hearings and enforcing bail conditions. The federal government is collaborating with the provinces to make sure every level of government works together on public safety.Bill C-14 builds on our government’s previous measures to keep our communities safe. We introduced legislation to strengthen Canada’s immigration system and borders and combat transnational crime, illegal fentanyl, money laundering, and human trafficking. We tabled the Combatting Hate Act and introduced cyber security measures to safeguard families and businesses from online fraud, financial scams, and cyber threats.Our $1.3 billion Border Plan will protect our sovereignty and secure our border by hiring 1,000 new Canada Border Services Agency (CBSA) officers, and we will also hire 1,000 Royal Canadian Mounted Police (RCMP) personnel, with a Budget 2025 investment of $1.7 billion over four years to increase federal policing capacity across Canada.Fraud and financial crimes are increasingly harder to detect and remain a growing threat. Budget 2025 introduces the following measures to protect Canadians from financial scams and abuse:

• The National Anti-Fraud Strategy will require banks to implementnew, stronger fraud prevention policies.

• The new Financial Crimes Agency will be established to lead thefight against sophisticated financial crimes.

These initiatives, alongside Bill C-14, deliver on our new government’s commitment to better protect Canadians. Together, these coordinated efforts demonstrate our commitment to building safer, more secure communities for all Canadians—because when our communities are strong, Canada is strong.

Don’t let Myths confuse your visa journey. Here are the Facts!

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Myth: Appointment slots are not easily available

Fact: Appointment slots are released monthly and periodically, as
directed by the Consulate. Please check the official BLS International website

(https://www.blsindia-canada.com/) regularly for the latest availability. We do not partner with or authorize any third-party agents for appointments.

Myth: Walk-in applicants have a longer waiting period!

Fact: As we see in a walk-in clinic in Canada, similarly for BLS Centres in Canada walk-in are on first come, first-served basis. While appointments are prioritized.

Myth: Next appointment date is only after 7 days! How to book an appointment if I have an emergency?

Fact: In accordance with Consulate’s guidelines, a 7-day cooling period applies to passport umber once used. The assisted service (premium lounge) can be booked separately on availability basis which you may check with the security personnel at the door or BLS Call centre.

Myth: BLS Operations have been suspended by Ministry of External Affairs, GOI

Fact: There is no ban or disruption to our ongoing services. BLS International continues to operate as usual without any restrictions in Canada or globally. Infact, BLS has been recently awarded the new contract in October by Ministry of External Affairs, GOI to handle their large operations in China.

Myth: I should book my appointment through a third party by paying an additional fee

Fact: All appointments need to be booked through the official channels of BLS International, depending on slot availability. This helps keep the process fair and transparent for everyone.

Myth: My visa was refused because BLS International did not file my documents correctly

Fact: BLS International only accepts applications on behalf of the Embassy/ Consulate, following their instructions and guidance. BLS International has no role in the decision-making process or determining how long it takes.

Myth: What documents are required? Where is the list?

Fact: The document checklist is always available on the official BLS International website and VAC Counters. In some cases, the Embassy/ Consulate may ask for additional documents depending on your travel purpose.

Myth: Value-added services guarantee visa approval

Fact: Value- added services like photocopying, form-filling and SMS updates are provided to make your applications process easier and more comfortable and to keep you informed about your application status. They do not influence the decision on your visa, which is always made by the Embassy/ Consulate.

Myth:BLS International decides whether my visa is approved or rejected

Fact: Only the Embassy/ Consulate has the authority to approve or refuse visas. BLS International only handles the administrative aspects of the application process and does not make any decisions.

Myth: My passport has been at the embassy for more than 15 days. BLS International said it takes 15 days- why are they lying?

Fact: The 15-day timeline is the standard indicative processing time. Actual processing times may vary on a case-to-case basis and depend entirely on the Consulate.

BLS International wins prestigious 3 Year Contract from Ministry of External Affairs, India to establish and operate Indian Visa Application Centres in China

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BLS International Services Limited (“BLS International”), a trusted global tech-enabled services partner for governments and diplomatic missions, has been awarded a prestigious contract by the Ministry of External Affairs (MEA), Government of India, to establish and operate Indian Visa Application Centers (IVACs) in China. This prestigious contract will be valid for a period of 3 years, effective October 14, 2025.

Under the terms of the agreement, BLS International will be responsible for establishing and managing Indian Visa Application Centres (IVACs) in Beijing, Shanghai, and Guangzhou, offering streamlined, secure, and customer-friendly visa services. The IVACs will incorporate enhanced infrastructure, advanced technology, and multilingual staff to ensure a seamless experience for applicants.

Mr Shikhar Aggarwal, Joint Managing Director of BLS International Services Ltd, said, “We are honoured to receive this prestigious contract from the Ministry of External Affairs, Government of India, and look forward to providing excellent services. We believe this is a significant milestone for BLS international and these IVACs will play a vital role in facilitating reliable and user-centric visa services. We thank the Ministry of External Affairs for its continued trust and confidence in BLS International.”

This contract reinforces BLS International’s position as a trusted partner for government initiatives and its dedication to driving digital transformation and public service excellence across sectors. With a presence in over 70 countries, BLS International continues to lead the consular outsourcing industry, processing millions of applications annually with a focus on transparency, compliance and customer satisfaction.

About BLS International Services Limited:

BLS International Services Ltd. is a trusted global tech-enabled services partner for governments and citizens, having an impeccable reputation for setting benchmarks in the domain of visa, passports, consular, citizen, e-governance, attestation, biometric, e-visa, and retail services since 2005.

The company is recognized as “India’s Most Valuable Companies” by Business Today Magazine, “Best under a Billion’ Company” by Forbes Asia, and ranked among “Fortune India’s Next 500 companies”. The company works with over 46 client governments, including Diplomatic Missions, Embassies, and consulates, and leverages technology and processes that ensure data security. The Company now has an extensive network of more than 50,000+ centers globally, with a robust strength of over 60,000+ employees and associates that provide consular, biometrics, and citizen services.

BLS International is certified with CMMI DEV ML5 V2.0 & SVC ML5 V2.0, ISO 9001:2015 for Quality Management Systems, ISO 27001:2013 for Information Security Management Systems, ISO 14001:2015 for Environmental Management Systems, and more. BLS International is the only listed company in this domain with operations in over 70 countries.

Consular Camps by the Consulate General of India, Toronto

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Consulate General of India, Toronto is organizing Consular camps for issuance of Life Certificates for Pension purposes in the month of November 2025 as per the attached schedule. Information is also available on Consulate’s website on the following link:- https://www.cgitoronto.gov.in/news_letter_detail/?id=149

Your esteemed media house may disseminate this information as deemed fit.

Applicants are required to appear in person and submit the following documents:

  • Duly filled Life Certificate application form – to be submitted in duplicate.
  • Valid original Indian passport / Canadian passport / OCI Card, as applicable.
  • Photocopy of the first and last pages of the above-mentioned document(s).

Important Information:

  • No fee is charged for issuance of Life Certificates for pension purposes.
  • In case the applicant is unable to attend in person due to medical reasons, as an exception, the bearer of the application must set up a video call with the applicant for verification.

Firing outside Kapil Sharma’s cafe in Surrey, Lawrence gang takes responsibility

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As per the early reports, the notorious Lawrence gang has taken the responsibility.  Gangsters Goldy Dhillon and Kuldeep Sidhu, who are associated with Lawrence Bishnoi’s operations, have claimed responsibility for the attack on social media. We have no enmity with the general public,” they wrote, via NDTV. Those who engage in illegal (illegible) work and do not pay people should also be prepared,” the gangsters warned.

In the warning note, they have threatened the people who have spoken against religion in Bollywood. They should “be prepared… bullets can come from anywhere”, the message reads.

This incident is the latest in a string of attacks on Kapil’s cafe, following shootings on July 10 and August 7, 2025, after which the restaurant was temporarily closed.

The 31-year-old is the country’s youngest billionaire with a net worth of 21,190 Crore

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Aravind Srinivas, the 31-year-old Chennai-born AI entrepreneur, is  the country’s youngest billionaire as perthe M3M Hurun India Rich List 2025. With an estimated net worth of Rs 21,190 crore, Srinivas, the founder and CEO of the AI startup Perplexity, is now a prominent name trending in the tech world, especially in generative AI.

Born on June 7, 1994, in Chennai, Tamil Nadu, Srinivas developed an early interest in science.

While studying at IIT Madras, he also taught courses on reinforcement learning and advanced reinforcement learning.

He then pursued a PhD in Computer Science at the University of California, Berkeley, completing it in 2021. His research spanned contrastive learning for computer vision, reinforcement learning, transformer-based models for image generation, image recognition and video generation.

Srinivas gained industry experience at some of the world’s leading tech giants. He worked at OpenAI on reinforcement learning and later joined DeepMind in London, where he focused on contrastive learning. He then returned to OpenAI as a research scientist, contributing to DALL-E 2, a text-to-image generation model.