Record 91 Indian universities in Times world rankings
New Delhi (PTI): A record 91 Indian universities have made it to the World University Rankings announced by the Times Higher Education (THE) magazine, with the top performing Indian Institute of Science (IISc), Bangalore, returning to the global 250 for the first time since 2017.
Ninety-one Indian universities in the list is a significant increase from last year's 75 even though top Indian Institutes of Technology (IITs) boycotted the rankings for the fourth consecutive year.
India has also become the fourth best represented nation in the 2024 rankings, up from the sixth last year.
According to the rankings announced by the London-based THE magazine on Wednesday, the second best performing universities in India are: Anna University, Jamia Millia Islamia, Mahatma Gandhi University, Shoolini University of Biotechnology and Management Sciences. The are all in the 501-600 band.
Two IITs -- the Indian Institute of Technology, Guwahati and Indian Institute of Technology (Indian School of Mines) Dhanbad -- moved up two bands to join the world's top 800 universities, from 1001-1200 to 601-800.
While Anna University in Chennai moved up from 801-1000 band last year to the 501-600 band, Aligarh Muslim University moved up from the 801-1000 band last year to the 601-800.
The Bharathiar University in Coimbatore moved up from the 801-1000 band last year to the 601-800 band, while Malaviya National Institute of Technology, Jaipur has entered the ranking for the first time, breaking into the 601-800 band.
Seven IITs Bombay, Delhi, Guwahati, Kanpur, Kharagpur, Madras, and Roorkee opted out of THE World University Rankings in 2020, casting doubt on the rankings' transparency and standards. IIT Guwahati reentered the rankings last year.
In the 20th year of the ranking, 1,904 universities -- up from 1,799 last year - from 108 countries and regions were ranked.
The THE World University Rankings 2024 assessed the universities across 18 indicators covering their core missions of teaching, research, knowledge transfer and internationalisation.
The indicators were grouped into five pillars -- teaching, research quality, research environment, international outlook and industry. Four of the five new metrics include three that look at research quality and one that examines patents.
"India has well and truly embraced the international agenda, and international competition, with an unprecedented 91 universities making it into the rigorous and demanding Times Higher Education World University Rankings this year making India now the fourth best represented nation in the rankings," said Phil Baty, THE's Chief Global Affairs Officer.
"Although methodological changes this year have not been kind to some Indian institutions, the overall picture remains positive with a rise into the top 250 for IISc and several other rising institutions," he said.
The UK's University of Oxford is the highest ranked university in the world with Stanford University taking the second place, making it the US's top-ranked. The Massachusetts Institute of Technology is at the third place.
As many as 165 universities are ranked for the first time, 89 of which are from Asia with one newly ranked university from mainland China.
Mainland China has the best ranked universities, overall, in Asia. This year an unprecedented 33 Asian universities are in the top 200, up from 28 last year. The biggest drivers for this jump are China (from 11 to 13) and Japan (from 2 to 5).
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GST Council clarifies on popcorn taxation
Jaisalmer, Dec 21: The GST Council on Saturday agreed to issue a clarification on the taxation of popcorn, stating that pre-packed and labelled ready-to-eat snacks will attract a 12% tax, while an 18% GST will be levied if the popcorn is caramelised.
There is no change in the tax rate for popcorn, and the GST Council has decided that the Central Board of Indirect Taxes and Customs (CBIC) will issue a circular clarifying the current taxation regime for popcorn.
"Ready-to-eat popcorn," which is mixed with salt and spices and has the essential character of namkeens, currently attracts a 5% GST if it is not pre-packaged and labelled.
If it is supplied as pre-packaged and labelled, a 12% GST is levied.
However, when popcorn is mixed with sugar (caramel popcorn), its essential character changes to that of a sugar confectionery, and it would therefore be classified under HS 1704 90 90, attracting an 18% GST, as per the clarification.
