India Rankings were introduced in 2016 to rank universities in India.
The parameters taken into consideration for India rankings are based on the parameters outlined under National Institutional Ranking Framework (NIRF).
They include “Teaching, Learning and Resources,” “Research and Professional Practices,” “Graduation Outcomes,” “Outreach and Inclusivity,” and “Perception”.
NIRF was approved by Ministry of Human Resource and Development and the framework outlines a methodology to rank institutions across the country.
Under India Rankings, there are also stream wise categories like Engineering, Management, Pharmacy, college besides overall ranking.
This year, Indian Institute of Science Bangalore topped the overall ranking followed by Indian Institute of Technology Madras and Bombay.
International Financial Service Centre (IFSC)
Special Economic Zones Act, 2005 provides for the setting up of an International Financial Services Centre (IFSC) in a Special Economic Zone (SEZ).
The country’s first International Financial Services Centre (IFSC) has become operational at the Gujarat International Finance Tec-City (GIFT), Gandhinagar.
All financial concessions prevailing as per the Special Economic Zones Act, 2005 and the Special Economic Zones Rules, 2006 will be applicable to IFSCs within the SEZs.
Businesses setup in IFSC comes under guidelines and regulations of Ministry of Corporate Affairs, RBI, SEBI and IRDAI.
BGR-34
Council of Scientific and Industrial Research (CSIR) under Ministry of Science and Technology has developed an herbal formulation named NBRMAP-DB effective against diabetes.
It is given the brand name BGR-34 and it is effective against chemically induced type II diabetes.
Indian Institute of Corporate Affairs
The Indian Institute of Corporate Affairs (IICA) is under the aegis and jurisdiction of the Ministry of Corporate Affairs.
It was established in 2008 at Manesar, Haryana.
It is the first institution in India to be formally set up as a ‘think-tank’ for a major Ministry of GOI.
It deals with various matters in the spectrum of corporate affairs regulation, governance & policy and to create avenues and opportunities for research, education, training and advocacy.