Forbes: PM Modi sustains 9th spot among Most Powerful People

Albany (New York): Prime Minister Narendra Modi has once again made it to the list of World’s Most Powerful People 2016 by Forbes. The Indian Prime Minister acquired the ninth slot for the second time while Russian President Vladimir Putin topped the list for fourth time in a row.

The list has US President-elect Donald Trump at the second spot while US President Barack Obama who was ranked 3rd last year, slipped to 48th spot.

The Forbes also released statement saying, “Indian Prime Minister Narendra Modi remains enormously admired in his country of 1.3 billion people.” PM Narendra Modi’s decision to demonetise India’s two high value currency notes was mentioned by the Forbes.

Other Indian names in the Forbes list:

• Mukesh Ambani, Chairman of Reliance Industries, has featured at rank 38. In 2014, he was ranked 36. The Indian Businessman has continuously featured as India’s richest person on the Forbes list for the last 10 years.
• India-born Microsoft CEO Satya Nadella has been ranked 51 on Forbes’ World’s Most Powerful People.

Women in the list:

• Six women have also featured in the list of the 74 most powerful people in the world.
• The names include German Chancellor Angela Merkel, Chair of the US Federal Reserve System’s Board of Governors Janet Yellen, UK Prime Minister Theresa May, International Monetary Fund chief Christine Lagarde, IBM Chairwoman, President and CEO Ginni Rometty, and General Motors Chairperson and CEO Mary Barra.