Forbes has released the list of 100 most powerful women in the world. Forbes has named India’s Union Finance Minister Nirmala Sitharaman, CEO of HCL Corporation, Executive Director Roshni Nadar Malhotra and Biocon founder Kiran Mazumdar Shaw among the 100 most powerful women in the world.

Finance Minister Nirmal Sitharaman has been ranked 34 in this list of Forbes. At the same time, like all times, this time too, Chancellor Angela Merkel of Germany has been in the first place. Chancellor Angela Merkel has been ranked first for the 9th consecutive time.

Second place is headed by Christine Lagarde, Chair of the European Central Bank and Nancy Pelosi, Chair of the US House of Representatives in third place. Bangladesh Prime Minister Sheikh Hasina ranks 29th in the list.

Nirmala Sitharaman is the first woman to hold the finance ministry independently. Prior to this, the charge of the Ministry of Finance has been with the then Prime Minister Indira Gandhi. Nadar Malhotra is 54th in the list. As the CEO of HCL Corporation, she is responsible for making all strategic decisions in a USD 8.9 billion company.

Malhotra is also the chairman of the company’s CSR committee and a trustee of the Shiv Nadar Foundation, which focuses on education and has established some of the top colleges and schools in India, Forbes has said.