The IISc has been ranked in the 91-100 band of the annual list topped by American universities Harvard, Massachusetts Institute of Technology (MIT) and Stanford, with the UK's Cambridge and Oxford completing the top five.
The Times list is one of the world's most respected university ranking league tables, alongside the QS World University Rankings.
A magazine that reports on higher education ranked UCLA the second-best public university in the United States.
"But their status is in no way guaranteed - all United Kingdom universities have either fallen down the global pecking order this year or stayed static. This should produce a virtuous circle, where excellence drives improved reputation and improved reputation supports excellence - helping to attract more global talent, more prestigious worldwide partnerships and more inward investment".
"To be judged among the top 100 most powerful university brands is a great source of pride for everyone at Hebrew University and for Israel as a whole", said HU President Asher Cohen.
The US continues to dominate the rankings, counting eight institutions in the top 10 and 44 across the top 100.
This should give pause for serious thought as the country seeks to champion its status as global Britain in a post-Brexit world. After making major gains in recent years, both Chinas top two universities, Peking and Tsinghua, have held steady this year, while other stars from mainland China have slipped.. THE noted in its analysis of the survey data that while Asia's leading universities ranked highly, the majority of votes came from academics within the university's home country.
However, Baty said the stabilization of Chinese universities' rankings is no cause for alarm.
India will be happy that its flagship Indian Institute of Science entered the list, but will also be disappointed at an otherwise poor showing, as will be Africa and Latin America.
The rankings and data collected in the survey will be considered when THE develops the World University Rankings for 2019, which will be released in September 2018. This year, over 10,000 academics were asked to rate institutions based on excellence in research and teaching.