Time's annual list, released today, includes pioneers like American composer Lin Manuel-Miranda, leaders like IMF head Christine Lagarde and icons like Oscar-winning actor Leonardo DiCaprio who are "exploring the frontiers of art, science, society, technology and more."
Terming Rajan as "India's prescient banker," Time said he is among a rare breed of "economic seers" who he "steered" India through the global crisis and fallout, "playing a large role in making it one of the emerging-market stars of the moment.
"Since then, more and more of the economic establishment has come to share Rajan's view that debt-fueled growth is just a saccharine substitute for the real thing," Time said.
In a profile for Mirza, cricket superstar Sachin Tendulkar writes that her "confidence, strength and resilience reach beyond tennis" and she has inspired a generation of Indians to pursue their dreams " and to realize that they can also be the best."
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Prime Minister Narendra Modi, who was among the probable contenders for the list, was not in the final list determined by Time's editors. Modi was among Time's 100 most influential people in the world last year.
On Chopra, who was awarded the Padma Shri this year, actor Dwayne Johnson said she is a "star rising higher" and lauded her "drive, ambition, self-respect, and she knows there's no substitute for hard work."
"It turned out to be modesty: Flipkart now has 75 million users and a USD 13 billion valuation," Time said.