The list has been topped by German Chancellor Angela Merkel, followed by President of the European Central Bank Christine Lagarde in the second spot and Speaker of the US House of Representatives Nancy Pelosi, ranked third.
The also features Bangladesh Prime Minister Sheikh Hasina on 29th rank.
"In 2019, women around the globe took action, claiming leadership positions in government, business, philanthropy and media. These trailblazers are not to be messed with," Forbes said.
Here's a look at the powerful Indian women in action.
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