The National Medical Commission has withdrawn the Letter of Permission for Shri Mata Vaishno Devi Institute of Medical Excellence to run an MBBS course due to serious violations of minimum standards found during a surprise inspection. Students admitted for the 2025-26 academic year will be shifted to other medical colleges in Jammu and Kashmir as supernumerary seats.
Sovereign Wealth Funds Return to China and Hong Kong as Middle Eastern Investors Lead $14.2 Billion Surge
Middle Eastern sovereign investors are helping drive a rebound in capital flowing to China and Hong Kong, backing opportunities in technology, consumer brands and advanced industries. The $14.2 billion surge signals renewed interest, while persistent economic and geopolitical risks temper the outlook.
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