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?
Today, (Jan 2) Earth is closest to the Sun for this year (2013). This point is called perihelion. The point at which the earth is the farthest is called aphelion. Today Earth was just 91,402,560 miles from the sun; while at its furthest it will be 94,508,960 miles away.
While many would think that the size of the sun should increase. It does. But it is not really noticeable to the normal eye. The size increase is just 3.4%. Earth’s eccentricity – or how elliptical the Earth’s orbit is around the Sun – is very low at 1.7%. Still this much makes a difference of five million kilometer (147.5 million km vs 152.6 million km). This difference means that Earth today got 7% more sunlight on an overall basis than on July 5th, when it will be the farthest.
US is right now going through a cold front – and the breaking of the ice between the two parties on Fiscal Cliff didn’t help either. Right now, 66% of the country is covered in snow compared to last year’s 19.8%
Interestingly, meanwhile New Delhi, India had its coldest day in 44 years, which led to 20 deaths. Apparently, the world’s weather doesn’t care much about the planet’s closeness to the Sun.
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.
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?
This visit of India left me with many questions. Many observations and inputs from different people and sections. Food for thought that I have tried to contemplate on and make sense of. Sharing all that with you.
When you analyze the last 60 years of the economic miracles of Singapore, South Korea and Malaysia versus the continued impoverished Indian economy, you get very interesting lessons. Can Indians have the wherewithal in them to do in one generation so that the coming generations may rise?
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