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Thursday, December 6, 2012

Sonia, Manmohan Among World’s 20 Most Powerful

Prime Minister Manmohan Singh and Congress president Sonia Gandhi have been named among the top-20 most powerful persons in the world by Forbes magazine in its annual power rankings, which placed US President Barack Obama as number one for a second year in a row. 

Gandhi dropped a notch from last year's list and ranks at number 12 this year ahead of Chinese vice-premier Li Keqiang and French President Francois Hollande. 
At the 20th spot is Singh, the Oxford and Cambridge-educated economist who is the architect of India's economic reforms. Singh had ranked 19th in the list last year. 

"But Manmohan Singh's quiet intellectualism is increasingly seen as timid and soft," Forbes added. 
India's richest businessman Reliance Industries chairman Mukesh Ambani, at 37, and Arcelor Mittal CEO Lakshmi Mittal, at 47, 
also feature in the list. 
Forbes said Reliance Industries is India's most valuable company. It, however, described Ambani's support for disgraced former Goldman Sachs director Rajat Gupta as a "low point" for him in 2012.


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