During 2000-2016 India grew rapidly and created wealth for those who chose to participate in that wealth creation opportunity (as shown in the table below).

The S&P BSE Sensex ended the day 29,531.43, up 121.91 points while the Nifty50 settled the day at 9,143.80, up 43.00 points.

Three years ago Russia invaded Crimea; last year Brexit changed the relationship between European Union and the UK; recently China took measures to assert claims in East and South China seas, and the African politics is always mercurial--the list goes on.

Sterling slipped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks were subdued ahead of an expected US interest rate later in the week.

Recent turmoil in Indian IT's largest market, USA, under the new Trump administration, as well as Brexit, has led to protectionism and a general anti-outsourcing sentiment. IT has meant that Indian IT has been hit hard.

Asian shares rose on Thursday as investors were encouraged by President Donald Trump's less combative tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while growing bets on a US rate hike this month buoyed the dollar.

Arun Jaitley seemed to agree with RBI Governor Urjit Patel's assertion of a sharp V-shaped recovery as remonetisation picks up. The October-December quarter of 2016 was \"substantially impacted by demonetisation (of higher denomination currency),\" the Finance Minister said.

During a debate on Commonwealth Trade in Westminster Hall of Parliament yesterday, Conservative party MP Jake Berry led calls for focus on India as Britain leaves the European Union (EU).

Asian stocks held ground on Tuesday though Chinese equities surged to a fresh two-month high as domestic funds piled into financial counters on expectations the world's second biggest economy may have turned a corner.

An eight-member high-powered delegation led by US Congressman Bob Goodlatte will meet IT Minister Ravi Shankar Prasad tomorrow to discuss issues like movement of skilled manpower and IP rights.

Citing examples of countries that have turned the tide amidst crises, the author offers hope to world leaders.

Merchandise exports grew 4.32 percent year-on-year to $22.12 billion, while imports rose 10.7 per cent to $31.96 billion, the Ministry of Commerce and Industry said in a statement.

Tata Motors saw its net profit plunge 96 per cent during the October-December quarter as earnings at its British luxury carmaker Jaguar Land Rover (JLR) fell sharply and losses piled up in its domestic business.

The Reserve Bank of India on Wednesday surprised again with its decision to keep repo rate unchanged at 6.25 per cent against a widely-anticipated cut of 25 basis points.

The market, experts and research houses were all expecting a 25 basis points cut in the repo rate - at 6.25 per cent currently - in the RBI monetary policy today. The assumption was based on the fact that retail inflation had eased considerably since the last policy in December, 2016.

The RBI played an \"admirable role\" in bringing \"incredible\" stability to the rupee in the face of demonetisation and global upheavals like Brexit and the US elections, NITI Aayog Vice Chairman Arvind Panagariya has said.

The FY18 Union Budget is likely to incorporate significantly changed processes, including presentation at an early date, folding in the Rail Budget, integrating Plan and Non-Plan expenditures and other signature changes.

Larsen & Toubro, which on Saturday reported a 38.85 per cent jump in its consolidated net profit at Rs 972 crore for the December quarter, said the government's 'cashless economy' efforts have caused 'disruption' and its impact on business is yet to be assessed.

The Sensex seemed to have grapple with this fear factor, and plunged around 6 per cent during the period between Oct-Dec 2016, however, things should not be looked into isolation.