PM Narendra Modi is world's 13th most influential person: Bloomberg

PM Narendra Modi has been ranked as the 13th most influential person in the world by Bloomberg Markets.

The list of 50 most influential people is topped by Federal Reserve chairperson Janet Yellen, followed by Chinese President Xi Jinping on the second position with Apple CEO Tim Cook occupying the third slot.

About PM Narendra Modi, Bloomberg Markets says, "He won election in May 2014 by the widest margin in 30 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."

On the selection criteria, Bloomberg said half the people here have never appeared on our list before. Tech executives and entrepreneurs and the venture capitalists who fund them are ascendant of late, and the list reflects that.