Sunday, August 16
New Delhi: India could revamp its incentive scheme for electric passenger car manufacturing since the proposed free trade agreement (FTA) with the European Union (EU) is expected to offer tariff cuts on fully built or semi-knocked-down electric vehicles, said people familiar with the matter.Officials are evaluating changes to the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI), which relies primarily on import duty concessions, including the introduction of more direct incentives, to entice global premium EV makers to establish manufacturing bases in the country, the people said."SPMEPCI will need to change after the India-EU FTA," a senior official told ET, adding that the government has yet to get any application under this scheme.126491777 Global automakers
Harvard University enrolled a record number of international students in the current academic year, even as the Trump administration sought repeatedly to curb student visas and funding for the Ivy League school.The share of foreign students enrolled at Harvard in the fall of 2025 rose slightly to 28%, or 6,749 students, according to data published Friday by the university. That’s the most since at least 2002, according to Harvard data. The increase reflects a gain of roughly 50 students, a less than 1% increase. Still, the gain is notable in a period when Harvard faced significant scrutiny from the Trump administration and bucks the national trend. Foreign enrolment at US universities overall declined by 1% in the comparable period, according to the Institute of International Education
