Prime Minister Narendra Modi has been ranked 13th in ‘Blomberg Markets Most Influential’ list in which Janet Yellen, US Federal Reserve took the lead, followed by Chinese President Xi Jinping and Apple CEO Tim Cook.
Bloomberg wrote about PM Modi, “He won election in May 2014 by the widest margin in 20 years, giving him a shot at making some investment-friendly reforms that have faced stubborn resistance in the world’s largest democracy. India might grow faster than China this year.”
Ruchir Sharma, head of the emerging markets and global macro at Morgan Stanley Investment Management is the only other Indian in the list.
The list of 50 people includes other politicians US President Barack Obama and German Chancellor Angela Merkel. Bloomberg also said that most of the people in the list are new entrants.
India has also climbed the ladder on the world’s most competitive economies by ranking 55th on a global index.
The most influential list also consists of giant corporate like Apple’s CEO Tim Cook, Berkshire Hathway’s CEO Warren Buffet, Goldman Sach’s Lloyd Blankfein and JP Morgan’s Chase’s Jamie Dimon.