London, Sep 12: Indian universities have expanded their presence in the annual rankings of the leading global educational institutions from 49 to 56 but dropped out of the top 300 bracket in this year's 'Times Higher Education World University Rankings'.

India's top-ranked university, Bangalore's Indian Institute of Science (IISc) declined, marking the first time that India is not in top 300 since 2012 in the tally once again topped by the UK's University of Oxford.

IISc still ranks the highest for India but has dropped into the 301-350 bracket (from 251-300 cohort), due to what has been described as a significant fall in its citation impact score offsetting improvements in research environment, teaching environment and industry income.

"India has a huge amount of potential in global higher education, given its rapidly growing youth population and economy and use of English-language instruction. However, it is disappointing to see the country fall out of the top 300 of the rankings this year, with only a small number of institutions registering progress, said Ellie Bothwell, THE' rankings editor.

"The Indian government has strong ambitions to boost the global standing of its top universities and attract foreign students, academics and research collaboration. It now needs to back up these aspirations with high levels of investment or risk declining further amid increasing global competition, especially from other parts of Asia, she said on Wednesday.

Overall, 56 Indian universities feature in the table, up from 49 last year. As a result, India holds on to its place as the fifth most-represented nation in the world and the third most-represented in Asia, behind Japan and mainland China. It has eight more universities than Germany, which is sixth in the country ranking, but 25 fewer than China.

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Mumbai (PTI): Mahayuti alliance's new government in Maharashtra will be formed on December 5 with Devendra Fadnavis emerging as the frontrunner to become the next chief minister again, a senior BJP leader said on Saturday.

In the November 20 Maharashtra assembly polls, the Mahayuti alliance of the Bharatiya Janata Party (BJP), Eknath Shinde-led Shiv Sena and Ajit Pawar's Nationalist Congress Party (NCP) retained power, pocketing a whopping 230 of the 288 assembly seats. The BJP emerged as the single largest party, winning 132 seats, followed by Shiv Sena with 57 and NCP with 41 seats.

However, even after the announcement of poll results a week ago (on November 23), the formation of the government has been delayed as the tripartite alliance is yet to decide on who will be the next chief minister. Shinde, Fadnavis and Pawar met BJP president J P Nadda and Union minister Amit Shah late Thursday to discuss a power-sharing pact for the next government.

A key Mahayuti meeting scheduled on Friday was put off and likely to take place on Sunday now as caretaker Chief Minister Eknath Shinde headed to his native village in Satara district, delaying government formation further.

The BJP leader, who did not wish to be quoted, said the swearing-in of the new government will take place on December 5.

Senior BJP leader Devendra Fadnavis, who was the chief minister twice and deputy chief minister in the last government, is the frontrunner for the top post, the leader said.

Another senior BJP leader said the chief minister's swearing-in ceremony will take place at Azad Maidan in south Mumbai.

But before that, a meeting will be held on December 2 to pick the BJP legislature party leader, he said.

Caretaker CM Shinde has made it clear that he will fully support BJP leadership's decision to name the next CM, and that he won't be a hurdle in the process, while Ajit Pawar-led NCP has backed Fadnavis for the chief minister's post.

In the assembly elections, Congress-led Maha Vikas Aghadi (MVA) suffered a setback. The grand old party registered one of its worst performances in the state assembly polls after it won only 16 seats. Sharad Pawar's NCP (SP) could bag only 10 seats, whereas Uddhav Thackeray's (UBT) won 20.