How To Change Favicon on Blogger

What is favicon?
While using IE Firefox or Opera you will see an icon on the tab when u visit a page.This is called favicon.By default blogspot blogs have a favicon which looks ugly.See it here at the top of the post.So how to remove it?
Goto Blogger Template>Edit Html There find the title tag which looks like...

and immediately after that add the following code after proper editing





Remember to replace URL of your icon file file with your icon file's url