India leads EU's Erasmus+ scholarship awards, 101 students, including 50 women, to pursue master's in Europe
The Erasmus+ programme, launched in 1987, stands for European Region Action Scheme for the Mobility of University Students. It is the European Union's (EU's) flagship initiative for international mobility and academic exchange.
The Delegation of the EU to India in a statement on Monday said "101 Indian students, including 50 women, have been awarded the prestigious Erasmus+ scholarships for two-year master's programme in Europe for the academic year starting 2025".
With this, India continues to be the largest recipient of the scholarship overall (since 2014) and ranks among the top three this year, further highlighting its strong and expanding academic partnership with the EU, it said.
Erasmus+ students typically study in at least two European universities and receive a joint, double or multiple degree.
The scholarship covers tuition, travel, and living expenses, providing the recipients with a unique opportunity to enhance their academic and professional pursuits, the statement said.
"This year's cohort continues the strong tradition of Indian participation, particularly in fields that reflect shared EU-India priorities such as sustainability, innovation, and inclusive development," it said.
This year's recipients represent 20 Indian states across India and will pursue a wide range of areas of focus, including sustainable urban development, artificial intelligence, migration and public policy, intellectual property law, food security, engineering, sustainable drug discovery, safe and reliable nuclear applications and more, the Delegation of the EU to India said in the statement.
To mark this achievement, the Delegation of the EU to India hosted a pre-departure ceremony in New Delhi, bringing together the selected scholars, EU Member State representatives, alumni and key stakeholders.
These scholarship recipients will soon depart for Europe to pursue their postgraduate degrees across multiple countries and disciplines.
Congratulating the students, EU Ambassador to India, Herve Delphin, said, "Erasmus+ is more than a scholarship, it's a passport for personal and professional growth and a window of opportunities in and with Europe."
For over 6,000 Indian students and scholars, it has opened doors to Europe's top universities and its incredibly diverse cultures, he said.
Delphin said the Indian students' strong performance shows how strong and vibrant the people-to-people ties have become between the EU countries and India and they are only getting stronger.
"Over 90,000 Indian students are studying in Europe, a clear sign of the trust and enthusiasm for what Europe offers.
These students are choosing Europe for its quality, diversity, and affordability and this shows why Europe has rightfully earned its place as one of the top global destinations for higher education," he added.
As Erasmus+ scholars, these individuals will not only enrich their own lives but also "become bridges between the EU and India", driving positive change and "deepening our bilateral relationship", the EU envoy said.
"Over the next two years, Indian students will have the opportunity to study in more than 19 EU countries, including, France (24), Spain (12), Belgium (8), Portugal (8), Germany (7), Italy (5), Poland (4), Czech Republic (4), Austria (3), Hungary (3), Estonia (3), Netherlands (2), Croatia (2), Greece (2), Denmark (1), Finland (1), Norway (1), Ireland (1) and Latvia (1)," the statement said.
Additionally, some students will pursue studies at affiliated universities across Europe and in non-European countries, it said.
India continues to be the largest beneficiary of the Erasmus+ programme, with over 2,200 students having received the prestigious Erasmus Mundus Scholarship since its inception in 2004. Over 6,000 Erasmus+ short and long-term Erasmus+ scholarships have been awarded to Indian students since the programme opened to international students, the statement said.
In recent years, women's participation from India has shown a "steady and encouraging rise", with near-equal representation among selected candidates becoming a consistent trend, it added.
Europe is home to over 4,000 higher education institutions, ranging from leading research establishments to smaller and teaching-focused colleges. With over 5,000 institutions, 17.5 million tertiary education students, 1.35 million educators and 1.17 million researchers, Europe is a thriving hub for higher education and cutting-edge research, the statement said.
"Now in its most ambitious phase (2021-2027), Erasmus+ is the world's largest mobility and academic exchange programme supporting education, training, youth, and sport. With a budget of Euro 26.2 billion (INR 2,09,694 crore), it offers opportunities for students, educators, researchers, and institutions worldwide to study, teach, train, and collaborate across borders," it said.
Ready to navigate global policies? Secure your overseas future. Get expert guidance now!
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
23 minutes ago
- Economic Times
Gold flat as easing trade tensions offset boost from soft dollar
Gold prices held steady on Thursday after a sharp drop in the previous session, as easing trade tensions dented demand for safe-haven assets, overshadowing support from a weaker dollar. ADVERTISEMENT * Spot gold was flat at $3,388.49 per ounce, as of 0029 GMT, after dropping 1.3% in the previous session. U.S. gold futures were little changed at $3,495.90. * The U.S. dollar index fell to a more than two-week low against its rivals, making greenback-priced gold less expensive for other currency holders. * Signalling progress on tariffs, U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods in exchange for a $550 billion package of U.S.-bound investment and loans. * The European Union and the United States are nearing an agreement on a similar trade deal that would impose 15% tariffs on European imports, while waiving duties on some items, according to officials from the European Commission. ADVERTISEMENT * Risk sentiment in the wider financial markets rose on the back of progress in trade talks and hopes that more deals could be in the offering. * Data showed U.S. existing home sales fell more than expected in June, suggesting the housing market slump could be deepening as higher mortgage rates and economic uncertainty keep potential buyers on the sidelines. ADVERTISEMENT * Focus now shifts to Thursday's weekly jobless claims numbers and S&P Global's flash PMI data to gauge economic health ahead of the Federal Reserve monetary policy decision next week. * Markets widely expect the Fed to leave interest rates unchanged next week. Odds for a September reduction stand at about 63%, according to the CME FedWatch tool. ADVERTISEMENT * Spot silver was flat at $39.28 per ounce, platinum fell 0.1% to $1,410.47 and palladium slipped 0.3% to $1,273.98. DATA/EVENTS (GMT) 0500 Japan Chain Store Sales YY June 0645 France Business Climate Mfg, Overall July 0715 France HCOB Mfg, Services, Composite Flash PMI July 0730 Germany HCOB Mfg, Services, Composite Flash PMI July 0800 EU HCOB Mfg, Services, Composite Flash PMI July 0830 UK Flash Composite, Manufacturing, Services PMI July 1000 UK CBI Business Optimism Q3 1215 EU ECB Refinancing Rate, Deposit Rate July 1230 US Initial Jobless Clm 19 July, w/e 1345 US S&P Global Mfg, Svcs, Comp PMI Flash July 1400 US New Home Sales-Units June. (You can now subscribe to our ETMarkets WhatsApp channel)
Economic Times
23 minutes ago
- Economic Times
S&P 500 and Nasdaq rally to record highs on optimism about trade deals
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The S&P 500 and Nasdaq notched record high closes on Wednesday, lifted by Nvidia and GE Vernova , as the European Union and the U.S. appeared headed toward a trade deal similar to an agreement President Donald Trump struck with White House's deal with the European Union would include a broad tariff of 15% on EU goods imported into the U.S., two diplomats said. The rate, which could also extend to cars, would mirror the framework agreement the U.S. has struck with benchmark S&P 500 has now climbed about 8% in 2025, while the Nasdaq has gained almost 9%."The key thing is the markets have confidence that the White House is going to continue to work through these trade deals ," said Larry Tentarelli, chief technical strategist for Blue Chip Daily Trend of GE Vernova surged to 14.6% an all-time high after the power equipment maker raised its revenue and free cash flow forecasts and beat Wall Street estimates for second-quarter profit. GE Vernova has gained over 80% so far in 2025, with power consumption on track to hit record highs due to growing demand from AI and cryptocurrency data AI chipmaker Nvidia climbed 2.25% and fueled gains in the S&P 500 and edged up 0.14% ahead of its quarterly report due after the closing bell. Investors will focus on the electric vehicle maker's analyst conference call. They have braced for Tesla to report a steep drop in revenue related to mounting competition, a lack of new car models and a consumer backlash against CEO Elon Musk."What you will hear is an awful lot of discussion about the future and a broad acknowledgement that this was a terrible quarter," said Michael Green, chief strategist at Simplify Asset Management in dipped 0.58%, with the Google parent also set to report results after the close of S&P 500 climbed 0.78% to end the session at 6,358.91 Nasdaq gained 0.61% to 21,020.02 points, while the Dow Jones Industrial Average rose 1.14% to 45,010.29 points, just short of its December 4 record high on U.S. exchanges was relatively heavy, with 19.1 billion shares traded, compared to an average of 17.7 billion shares over the previous 20 Street's "fear gauge", the CBOE Volatility Index , dipped to its lowest level in over five on average expect S&P 500 companies to report a 7.5% increase in earnings for the second quarter, according to LSEG I/B/E/S. Microsoft, Nvidia and other technology heavyweights that have seen their valuations soar due to their leadership in AI are expected to drive much of that quarterly earnings equipment maker Thermo Fisher surged over 9% after beating Wall Street's estimates for second-quarter profit and revenue. Texas Instruments tumbled 13% after its quarterly profit forecast pointed to weaker-than-expected demand for its analog chips and underscored tariff-related Instruments' report weighed on other analog chipmakers, with NXP Semiconductors, Analog Devices and ON Semiconductor losing between 1% and 4.6%.In economic data, U.S. existing home sales fell more than expected in June. Focus now shifts to Thursday's weekly jobless claims numbers and S&P Global's flash PMI data to gauge economic health in the wake of tariff a mixed set of economic data last week, traders have ruled out an interest rate cut by the Federal Reserve next week. Odds for a September reduction stand at about 58%, according to the CME FedWatch issues outnumbered falling ones within the S&P 500 by a 2.1-to-one S&P 500 posted 50 new highs and 2 new lows; the Nasdaq recorded 96 new highs and 20 new lows.
Mint
23 minutes ago
- Mint
Indian stock market: 10 key things that changed for market overnight - Gift Nifty, Infosys, Tesla results to gold prices
Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open higher on Thursday, following positive cues from global markets. Asian markets traded higher, while the US stock market rallied overnight on reports of trade deals, with the Nasdaq and S&P closing at record highs. On Wednesday, the Indian stock market ended with strong gains, lifted by a rally in index heavyweights, with the benchmark Nifty 50 closing above 25,200 level. The Sensex surged 539.83 points, or 0.66%, to close at 82,726.64, while the Nifty 50 settled 159.00 points, or 0.63%, higher at 25,219.90. 'The ongoing recovery is being driven primarily by strength in banking majors, while heavyweights from other key sectors are showing signs of stabilization following the recent correction. We maintain our cautious stance and continue to recommend a hedged approach,' said Ajit Mishra – SVP, Research, Religare Broking Ltd. Here are key global market cues for Sensex today: Asian markets traded higher on Thursday, tracking overnight rally on Wall Street, amid trade deal optimism. Japan's Nikkei 225 rallied 1.7%, while Topix rose 1.2% to hit a record high. South Korea's Kospi gained 1.17%, and the Kosdaq rose 0.64%. Hong Kong's Hang Seng index futures indicated a marginally higher opening. Gift Nifty was trading around 25,297 level, a premium of nearly 44 points from the Nifty futures' previous close, indicating a positive start for the Indian stock market indices. US stock market ended higher on Wednesday on optimism over a trade deal with the European Union, with the S&P 500 and Nasdaq notching record high closes. The Dow Jones Industrial Average rallied 1.14% to 45,010.29, while the S&P 500 rose 0.78% to end at 6,358.91. The Nasdaq closed 0.61% higher at 21,020.02. Nvidia share price jumped 2.25%, Tesla stock price rose 0.14%, while Alphabet shares fell 0.58%. GE Vernova share price surged 14.6%, Thermo Fisher stock rallied over 9%, while Texas Instruments shares tanked 13%. US existing home sales fell more than expected in June. Home sales dropped 2.7% last month to a seasonally adjusted annual rate of 3.93 million units. Economists polled by Reuters had forecast home resales would slip to a rate of 4.00 million units. Sales were unchanged on a year-over-year basis in June. Tesla's net profit in the second quarter fell 16% to $1.17 billion, or 33 cents a share, from $1.4 billion, or 40 cents a share, YoY. Revenue fell to $22.5 billion for the April-June quarter from $25.50 billion YoY, slightly behind analyst targets compiled by LSEG. Adjusted profit per share of 40 cents lagged the Wall Street consensus. The automotive gross margin, which excludes regulatory credits, was 14.96%. Tesla share price plunged 4.44% in after-market hours. Google parent Alphabet Inc. reported June quarter net profit of $28.2 billion, or $2.31 per share, a 19% increase from the same time last year. Revenue rose 14% from a year ago to $96.4 billion, beating analysts' projections. Alphabet share price was up nearly 2% in after-market trades. Infosys' net profit in Q1FY26 declined 1.6% QoQ to ₹ 6,920 crore, while its revenue increased 3.3% QoQ to ₹ 42,279 crore. The IT major posted 2.6% QoQ growth in constant currency revenue. EBIT rose 2.66% to ₹ 8,803 crore, while margin fell to 20.8% from 21%, QoQ. Infosys expects revenue growth of 1–3% in CC terms for FY26, revised up from 0-3% earlier. The firm maintained its operating margin guidance at 20–22%. The S&P Global Japan composite PMI in July remained unchanged from June's 51.5. The S&P Global Japan manufacturing PMI dropped to 48.8 in July from June's final reading of 50.1. Services PMI increased to 53.5 in July from 51.7 in June. Gold prices were steady as trade talks between the US and key trading partners dented safe-haven demand. Spot gold price was up 0.1% to $3,389.77 an ounce, following a 1.3% loss in the previous session. Crude oil prices steadied on US trade talk progress and low inventory levels. Brent crude oil prices rose 0.31% to $68.72 a barrel, while the US West Texas Intermediate (WTI) crude futures gained 0.35% to $65.48. (With inputs from Reuters) Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
