In the annual World University Rankings released by Times Higher Education, the Indian Institute of Science of India has reached 251-300 band from last year's 201-250 band, while Oxford and Cambridge universities are on the top in the Global 1000 list.
The largest proportion of federal revenues comes from personal income taxes. Almost half of all federal revenue (47 percent) comes from individual income taxes.
Surekha Marandi has been appointed as the new Executive Director (ED) of Reserve Bank of India (RBI). She succeeded U S Paliwal, who retired on December 31, 2016.