The winner of....

Miss Universe 2013 is.....Miss Venezuela, Gabriela Isler

The 1st Runner up is..... Miss Spain, Patricia Yurena Rodriguez

The 2nd Runner up is.... Miss Ecuador, Constanza Baez

The 3rd Runner up is..... Miss Philippines, Ariella Arida

The 4th Runner up is.... Miss Brazil, Jakelyne Oliveira

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Performance time! Steven Tyler sets the stage on fire with his performance of 'Dream On'.

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Here's what the 'Top 5' contestants said in the final Q & A round.

Miss Ecuador
Question: What would happen to the world if we could no longer use the internet?
Answer: Technology has advantages and disadvantages. The disadvantage is that we are no longer as close together with our families. We must use the methodology of computers and internet for the positive. In a positive. It's never too late to start. Let's start right now.

Miss Brazil
Question: What is your opinion about places that do not allow women to vote, or drive cars?
Answer: We as women have achieved our independence through time. We need to keep our open minds because now we are capable of doing anything.

Miss Spain
Question: What is the most significant thing we can do to help elect women to political offices around the world?
Answers: In order to select a good woman, she must posses good qualities in order to perform a good job.

Miss Philippines
Question: What can be done about the lack of jobs for young people starting their career around the world?
Answer: I do believe we should invest in education and that is my primary advocacy. Education is a primary source and a ticket for better future.

Miss Venezuela
Question: What is your biggest fear and how do you plan to overcome it?
Answer: We all should overcome our fears and this in turn would make us stronger. Because once we overcome our fears, we can face any challenge.

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Miss India Manasi Moghe fails to make it to the Top 5.

The pressure is on! Here are the 'Top 5' finalists:

1) Ecuador, 2) Brazil 3) Spain 4) Philippines 5) Venezuela

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To up the glamour quotient even more Miss Universe 2012, Olivia Culpo strutted down in a million-dollar "emerald, ruby and diamond" swimming costume.

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Miss Spain says she chose the sequinned dress because she loves to be the belle of the ball.

Miss Philippines chose a yellow gown because she says it represents the joy and vivacity of her country.

Miss Great Britain chose a Jessica Rabbit-like red gown.

Miss India chose a pink gown because she says it makes her feel like a princess.

Miss USA picked a red gown because she wanted to make an impression.

Miss Ukraine picked a sophisticated white gown.

Miss Ecuador chose a icy blue dress to compliment her skin tone.

Miss Venezuela chose an on-trend white gown with sleeves which she co-designed.

Miss Dominican Republic chose a sexy sheer gown.

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The 'Evening Gown' competition is about to get underway.

The contestants are back in glamourous evening gowns with international recording artist Emin serenading them with his music.

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"I am an engineer. For me education is very important. I love travelling. I would love to climb the Mount Everest," said Manasi Moghe after making it to the Top 10.

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Manasi Moghe makes it to 'Top 10'

Top 10 contestants are:

1) Spain - Patricia Yurena Rodriguez, 2) Philippines - Ariella Arida, 3) Great Britain - Amy Willerton, 4) India - Manasi Moghe, 5) Brazil -Jakelyne Oliveira, 6) USA - Erin Brady, 7) Ukraine - Olga Storozhenko, 8) Ecuador - Constanza Baez, 9) Venezuela - Gabriela Isler, 10) Dominican Republic - Yaritza Reyes.

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The Top 16 contestants strut their stuff in Yamamay bikinis with Panic! At The Disco's groovy number playing in the background.

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The panel of judges at this year's pageant includes the likes of Chef Nobu, Steven Tyler, Tara Lipinski, Carol Alt, Anne V, Farouk Shami, Italo Fontana and Philip Kirkorov.

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Nastassja Bolivar, Miss Nicaragua, wins best national costume at Miss Universe 2013.

Miss India Manasi Moghe makes it to the 'Top 16'

The top 16 contestants of Miss Universe 2013 are:

1) Costa Rica, 2) Ukraine, 3) China, 4) Ecuador, 5) Great Britain,  6) Indonesia, 7) Venezuela, 8) Dominican Republic  9) Puerto Rico, 10) Spain, 11) USA, 12) Nicaragua 13) Switzerland 14) India 15) Brazil, 16) Philippines.

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The Miss Universe 2013 pageant begins with a performance followed by contestants walking down the ramp to introduce themselves.

The contestants shimmy down the ramp in black and red dresses.

The hosts, Thomas Roberts of 'MSNBC Live' and Mel B of 'America’s Got Talent' take the centrestage to announce the 'Top 16' contestants.

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Russia is hosting Miss Universe for the first time in the pageant's 61-year history, with contestants from 86 countries vying for the Miss Universe 2013 title in a concert hall in Moscow.

Nagpur girl, Manasi Moghe is representing India at the pageant this year. The 22-year-old is an engineering graduate.

Widely tipped to take the crown this year is Miss Philippines, 24-year-old chemistry graduate, Ariella Arida.

The judges for the grand final include Aerosmith singer Steven Tyler, super model Anne Vyalitsyna and flamboyant Russian pop king Filipp Kirkorov, while ex-Spice Girls star Mel B will co-host along with US television host Thomas Roberts.

The show is being held in Crocus City Hall, a concert venue by the Moscow ring road.

The organisers promise the unveiling of a million-dollar "emerald, ruby and diamond" swimming costume, which the winner will get to wear.

Will Manasi Moghe tip the scales and bring home the crown? Read our live updates here.