Congress party President, Sonia Gandhi, has been ranked the seventh most powerful woman of the world in the latest list published by the Forbes magazine.
Gandhi, 64, is recouping from unspecified surgery in a US hospital. She is ranked seventh just ahead of US First Lady, Michell Obama.
"Lauded for overseeing heavy economic growth, she is also criticized for tolerating political corruption and failing to forge connections with India's fastest-growing demographic-younger voters," Forbes said about Gandhi.
"Gandhi is an avid scholar of the arts, and holds a degree in oil painting conservation. She recently underwent surgery in the US," it added.
Chandra Kochhar of ICICI Bank (43rd) and Kiran Mazumdar-Shaw of Biocon (99th) also figure in the Forbes list.
German Chancellor Angela Merkel has been named the most powerful woman in the world, according to Forbes magazine's list of the world's 100 most influential females in the world.
Merkel, the leader of Germany - Europe's largest economy - is considered the undisputed leader of the European Union. She is the first female leader of a major continental European power.
US Secretary of State Hillary Clinton came in second. President Dilma Rousseff of Brazil, CEO of PepsiCo, Indra Nooyi and Sheryl Sandberg, the COO of Facebook, rounded out the top 5.
US First Lady Michelle Obama, who was ranked first in last year's list, came in eighth this year. Irene Rosenfield, the CEO of Kraft Foods and Oprah Winfrey - who came in second and third in 2010 - also dropped to a lower ranking.
Forbes' powerful ladies include political figures, business leaders, media moguls and entertainers. Nearly half the women in the top 100 list are new comers.
Mahi
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