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Two Indian institutes have for the first time made it to the top 200 list of the world's best universities. 

The Indian Institute of Science, Bengaluru, has taken the top spot among its Indian counterparts, bagging the 147th rank. The only other Indian institute to make it to the top 200 is Indian Institute of Technology Delhi, ranked 179th this year. It has made great progress from last year when it was ranked 235th in the world.

According to the QS World University Rankings 2015, there are 14 Indian institutions in the World University Rankings and half of them are among the global 400. The bad news is that the University of Delhi and the University of Mumbai have lost ground. 

The Massachusetts Institute of Technology (MIT) is the world's top university, closely followed by Harvard. The University of Cambridge is tied to Stanford University for the third place. London is the only city in the world with four universities in the top 50, more than Boston and New York (3) Paris, Sydney, Hong Kong and Beijing (2), with the London School of Economics and Political Science making the top 40 for the first time. 

In an exclusive interview, Ben Sowter, QS head of research, said, India has two institutions in the top 200 this year, which has occurred as a result of QS evolving its methodology to be more even-handed across subject areas and it has revealed strength in research in engineering, technology and the natural sciences. If you want to compare India and China, the primary shortfalls are money and consistent policy leadership. 

Thirty-four countries are represented in the top 200. 

The US is the dominant nation with 49 institutions, ahead of the UK (30), the Netherlands (12), Germany (11), Canada, Australia, and Japan (8), China (7), France, Sweden and Hong Kong (5).