The Indian Institute of Foreign Trade (IIFT) is a premier institute in the field of management studies in India. It has been ranked by the National Institutional Ranking Framework (NIRF) of the Ministry of Education, Government of India. Here are some important points about IIFT's current rank in the NIRF ranking:

• IIFT has been ranked 45th in the NIRF ranking for the year 2020.
• The institute has been ranked in the Management category of institutions in India.
• The NIRF ranking is based on several criteria, such as teaching, learning, and resources, research and professional practice, graduation outcomes, outreach and inclusivity, and perception.
• IIFT has consistently been ranked among the top management institutes in India over the years.
• The institute is known for its flagship post-graduate program in International Business, which is highly sought after by students and professionals alike.

Overall, the current rank of IIFT in the NIRF ranking is reflective of the institute's strong reputation in the field of management education.