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Here are top 5 news of the day: Belstar Microfinance Ltd submitted draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) to raise ₹1,300 crore through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the initial public offering (IPO) of the Chennai-based company comprises a ₹1,000 crore fresh issue of equity shares and an offer-for-sale (OFS) of ₹300 crore by existing investor shareholders.

Jaishankar has criticized the Justin Trudeau-led government in Canada for issuing visas to people with links to organised crimes for “political purposes" despite warnings from the Indian government. The minister said the Trudeau government has given legitimacy to “extremism, separatism and advocates of violence" in the name of free speech, news agency ANI reported on Sunday.

India has extended the timeline for duty-free imports of yellow peas by four more months until October 2024, according to an official notification. In early December, the central government allowed duty-free imports of yellow peas until March 2024, later to be extended till April and then June. It was part of New Delhi's intervention to cool the prices of the overall pulse basket. Reportedly, the duty on yellow peas was first implemented in November 2017 at 50 per cent. India largely imports yellow peas from Canada and Russia.

Indian Embassy here has held its first interactive session with the Indian students who suffered the most during the three-year COVID-19 period following China's visa bans prolonging their academic periods for several years. Around 80 old and new students from more than 13 Chinese universities took part in the «welcome and interaction ceremony» held on May 4. Indian Ambassador to China Pradeep Kumar Rawat, and Counsellor Nitinjeet Singh interacted with the students and heard their grievances and experiences during Saturday's meeting.

Justin Trudeau at an event hailed Canada as a “rule-of-law country with a strong and independent justice system". He was reacting to the arrest of three Indian nationals linked to the killing of Hardeep Singh Nijjar. “This is important because Canada is a rule-of-law country with a strong and independent justice system, as well as a fundamental commitment to protecting all its citizens," Trudeau said.

Canada is a "rule-of-law country" with a strong and independent justice system and a fundamental commitment to protect its citizens, Prime Minister Justin Trudeau has said, a day after three Indian nationals were charged with the murder of Khalistan separatist Hardeep Singh Nijjar. Nijjar, a Canadian citizen, was shot dead outside a gurdwara in Surrey, British Columbia, on June 18, 2023. Karan Brar, 22, Kamalpreet Singh, 22, and Karanpreet Singh, 28, all Indian nationals residing in Edmonton have been charged on Friday with first-degree murder and conspiracy to commit murder. «This is important because Canada is a rule-of-law country with a strong and independent justice system, as well as a fundamental commitment to protecting all its citizens,» Trudeau said about the arrests on Saturday at a Toronto gala celebrating Sikh heritage and culture.

Berkshire Hathaway Inc.’s cash pile hit yet another record as billionaire investor Warren Buffett confronted a dearth of big-ticket deals. Operating earnings also rose, buoyed by his collection of insurance businesses. The firm’s hoard increased to $189 billion at the end of the first quarter, topping the record it set at year-end. The company also reported first-quarter operating earnings of $11.2 billion, versus $8.07 billion for the same period a year earlier.

A series of demographic forces reshaping Canada has left many adult Canadians “sandwiched” between unpaid caregiving responsibilities for the generations coming before and after them.

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External Affairs Minister S Jaishankar on Saturday said what is happening in poll-bound Canada over the killing of Khalistan separatist Hardeep Singh Nijjar is mostly due to their internal politics and nothing to do with India. Jaishankar said this while replying to a question on why Canadian Prime Minister Justin Trudeau is criticizing India. While interacting with senior journalists during a visit here, he also said the country needs a strong and active Prime Minister like Narendra Modi in order to bring further reforms in various sectors to make a «Viksit Bharat (developed India)». «India's image globally is now actually much much higher than it had been ever… Canada is an exception. You see the different country heads are praising Bharat and its Prime Minister,» the external affairs minister said.

Canada-based proxies, engage in a range of activities that seek to influence Canadian communities and politicians to «align» Ottawa's position with New Delhi's interests on key issues, particularly concerns over Khalistani separatists in Canada, an official probe has found. The findings in the interim report by Commissioner Marie-Josee Hogue, who is leading the independent public inquiry, found evidence of foreign interference in Canada's last two federal elections in 2019 and 2021 but the results of the votes were not affected and the electoral system was robust. India has previously rejected as «baseless» the allegations of its interference in Canadian elections and asserted that the core issue has been Ottawa's meddling in New Delhi's internal affairs.

Canada's New Democratic Party (NDP) leader Jagmeet Singh has again alleged an Indian government hand in the killing of India-designated terrorist Hardeep Singh Nijjar despite police personnel not giving any evidence of any link to India's involvement in the killing of Nijjar. Jagmeet Singh's NDP has supported the Liberal minority government led by Justin Trudeau in exchange for support on some key bills. After the Canadian Police announced the arrest of three accused in the killing of Hardep Nijjar, Jagmeet Singh claimed that there was an Indian hand in the same.

Mexico’s Pacific coast state of Baja California.The group of three men had been camping and surfing together along the Baja coast in the municipality of Ensenada, about an hour and a half south of the U.S.-Mexico border, when they failed to show up to the accommodations they had booked for the weekend.Australian brothers Callum and Jake Robinson and American Jack Carter Rhoad were reported missing on April 29 and were last seen on April 27, according to the Baja California’s prosecutors’ office. Mexican authorities are searching at sea and on land for the three men.On Wednesday, the mother of the Australian brothers made an appeal to the public for information on her missing sons.

Hardeep Singh Nijjar have been arrested, the RCMP confirmed Friday.The RCMP took three Indian nationals into custody on Friday morning, almost a year after Nijjar was gunned down at the Guru Nanak Sikh Temple in Surrey, B.C.The suspects entered Canada on student visas but may have been working at the direction of Indian intelligence when they shot Nijjar, a source familiar with the matter said.Karanpreet Singh, 28, Kamalpreet Singh, 22, and Karan Brar, 22, have been charged with murder and conspiracy in Nijjar’s killing, according to B.C. court records.The offences were allegedly committed in Surrey and Edmonton, where the men were living and were arrested.

With new allegations emerging surrounding U.S. anti-money-laundering investigations into Toronto-Dominion Bank, the lender could face a much higher fine than previously expected as well as a significant hit to its long-term financial performance, according to analysts at National Bank of Canada.

Indian nationals linked to the murder of Sikh separatist leader Hardeep Singh Nijjar in the province of British Columbia in June 2023. Police added that the probe also includes investigating connections to the Government of India. The following is a timeline of important events that led to the arrests in a murder case that has strained relations between Canada and India. On June 18, 2023, 45-year-old Hardeep Singh Nijjar was shot outside a Sikh temple in Surrey, which is a Vancouver suburb known for its large Sikh population. He was a Canadian citizen who was advocating for the establishment of a separate Sikh homeland to be formed from India.

The Ontario Securities Commission is planning to toughen up — and make more visible — its response to capital markets misconduct and build the regulator’s reputation as an effective enforcer by vigorously prosecuting serious financial crimes, taking on novel and sophisticated files, and increasing the collection rates for penalties imposed.

The most important inflation metric, the CPIX, which excludes the eight most volatile segments of the index, is running at 2.1 per cent on a year-over-year basis. That is pretty well on target, barely higher than the pre-COVID-19 trend, and less than half the pace of a year ago.

The Canada Revenue Agency (CRA) will soon require employees to make their way to the office for at least three days a week, following the Treasury Board of Canada Secretariat’s lead.

Invictus Games, which was initially set up by Prince Harry in 2014, claiming the event has “lost its original meaning", several reports suggested. The games were supposed to a route help support wounded, injured and sick service personnel and veterans.

Restaking protocol EigenLayer is handing out an extra 100 EIGEN to 280,000 qualifying wallet addresses after criticism over its first airdrop.