The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
Sometimes major events completely disconnected may be data points for the plans of the different powers around the world. The challenge is to discern what purpose they serve? More critically, what are we moving towards?
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
We all look at our past experiences and try to plan and predict the future. A lot of people act very smart and think they can control the future and what happens in it. But is that true? Just look at the following facts that were so true just over a decade ago:
Greece was strong.
Russia was bankrupt.
Oil cost $13 a barrel.
AOL dominated the Internet.
Smart economists thought the US government would pay off the national debt by 2009.
In the Annual predictions for 2018
[https://www.drishtikone.com/annual-predictions-for-india-pakistan-and-the-us-for-2018/], we
had said that by the end of that
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