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‘They have lost all future grants, their tax exemptions are at risk,’ Ackman said on a panel at the Milken Institute Global Conference where 5,000 financiers, educators and scientists gather to discuss critical issues of the day. For these grants to be re-issued, a senior Education Department official said Harvard ‘would have to enter into a negotiation with the government to satisfy what the government says is in compliance with all federal laws.’ India has a relatively advanced education system in the region.
India has a literacy rate of 74 percent which is better than Pakistan’s 57 percent but significantly less thanSri Lanka’s literacy rate of 92 percent. Pakistan Defence Minister Khawaja Muhammad Asif accused Indian Prime Minister Narendra Modi of launching the strikes to “shore up” his domestic popularity, adding that Islamabad “won’t take long to settle the score”. “Escalation between India and Pakistan has already reached a larger scale than during the last major crisis in 2019, with potentially dire consequences”, International Crisis Group analyst Praveen Donthi said.
May 7 (Reuters) – IT hardware and services distributor CDW topped Wall Street estimates for first-quarter revenue and profit on Wednesday, buoyed by steady demand from healthcare, education and other industries. India had been widely expected to respond militarily to the Pahalgam attack on April 22 that killed 26 people, mainly Hindu men, which it blamed on Pakistan-based group Lashkar-e-Taiba, a UN-designated terrorist organisation.
Prime Minister Shehbaz Sharif labelled India’s strikes a “heinous act of aggression” that would “not go unpunished” and his National Security Committee called on the international community to hold India “accountable”.