How to deal or transact with wealthy people?

How to deal or transact with Billionaires?

How “Others” Should Deal with Wealthy People?

They are the rich and we the rest are “others”. The transactional nature and potential lack of empathy in wealthy people (especially in the “neo rich”) are vital. It frames how “others” should approach these relationships. The answer isn’t a simple “yes” or “no” to initiating contact, but rather a strategic and self-aware approach. Best is to stay away and let fate do the ‘contact’ but there are circumstances when one may have to initiate the contact with rich and wealthy person.

The approach depends heavily on whether you’re dealing with the established wealthy (billionaire class) or the neo rich, and crucially, what your own intentions and expectations are.

A. Dealing with the Established Wealthy (Billionaire Class):

Relationships with this group are often more professionally driven, but can also be genuinely respectful if you approach them with the right mindset.

  • Respect Their Time and Expertise (and Know Your Own talent, expertise and limitations)
  • Be Prepared and Concise: If you initiate contact, ensure you have a clear purpose, a well-thought-out idea, or a specific value proposition. They value efficiency.
  • Demonstrate Competence: If you’re providing a service or advice, prove your expertise. They respect talent and knowledge genuinely, not flattery.
  • Don’t Expect Social Handouts: Their social interactions are often strategic. Focus on mutual benefit or a shared passion (e.g., a philanthropic cause) rather than expecting purely social favors.
  • Focus on Value, Not Dependency:
  • Offer Value: Think about what you can bring to the table – ideas, skills, connections, or a shared interest.
  • Avoid Asking for Money/Favors: Unless it’s a specific, well-justified business proposition, avoid requests for financial help. This will quickly sour the relationship.
  • Set Clear Boundaries: If you’re engaging in a professional capacity, ensure terms are clear and professional.
  • Recognize Genuine Philanthropy vs. Transactional: Some established wealthy are genuinely philanthropic. If you’re involved in a charitable cause, approach them with a clear vision and demonstrable impact, not just an emotional plea. They often seek efficient solutions to problems.

 

B. Dealing with the Neo Rich (Suddenly Wealthy)

This group presents a more complex dynamic due to their ongoing psychological adjustments and the often-transactional nature of their relationships. They often do not respond well if they see no immediate benefit from the transaction. They will take the conversation to your vice or some failure in past to make you uncomfortable and stop you then and there. Don’t be hurt. Take the cue and stop and wait for the wealth to speak to you in future for a transaction. More points:

  • Initiating Contact: A Cautious “Yes” (with conditions).
  • Lower Expectations of Empathy/Intimacy is natural from this group as their goal of life is simple i.e. Money and a lot of it.
  • Acknowledge the Shift: Understand that the old dynamic of the friendship is likely changed. The previous level of emotional intimacy may be gone, replaced by a more superficial connection.
  • Don’t Take It Personally: Their transactional behavior and lack of deep engagement aren’t necessarily a personal slight, but a coping mechanism for their new reality.
  • Avoid Vulnerability (Unless Strategic): Sharing deep personal struggles might not elicit the empathy you once expected and could even be perceived as an opening for a financial request.
  • Maintain Boundaries and Self-Respect:
  • Don’t Try to “Keep Up”: Resist the urge to spend beyond your means to match their new lifestyle. Be honest about your financial limits (“That’s a bit out of my budget, maybe we could do X instead?”).
  • Say “No” to Uncomfortable Situations: If they invite you to an activity you can’t afford or don’t enjoy, politely decline.
  • Don’t Become a “Resource”: Be wary of being used solely for your time, social connections, or as a sounding board for their “rich person problems” without reciprocal value.
  • Recognize Flattery for What It Is: Your observation about insincere flattery is key. Appreciate the gesture, but don’t confuse it with genuine deep respect or affection.
  • Evaluate Your Own Reasons for Contact: What’s Your Goal? Are you seeking to genuinely maintain a friendship, or are you hoping for some form of “favor” or indirect benefit? Be honest with yourself.  Is It Worth the Emotional Cost? If the relationship feels consistently unbalanced, disingenuous, or leaves you feeling resentful, it might be healthier to naturally let it fade.
  • Focus on Shared Non-Financial Interests: If you want to maintain a connection, emphasize activities or topics that were genuinely shared before the wealth intervened, and that don’t revolve around money.
  • For Old Friends: If the bond was truly strong before, a gentle, non-demanding reach-out can be fine. Invite them to a casual activity that aligns with your means.
  • No Expectation of Reciprocity: Don’t expect them to reciprocate in kind or to initiate contact frequently.
  • Be Wary of Sudden Calls when they may even share to do your laundry (“Laundry Day Call”): If they only reappear when they need something, recognize the pattern and decide if you’re comfortable with that dynamic. You’re not obligated to fulfill every request simply because they “show up.”

Summary of Approach:

Ultimately, dealing with wealthy people, particularly the “neo rich,” requires emotional intelligence, strong boundaries, and a realistic understanding of their altered perspectives and priorities.

  • For the established wealthy: Focus on mutual value, competence, and clear communication.
  • For the neo rich: Approach with lowered expectations of intimacy, strong personal boundaries, and a clear understanding of your own needs and comfort levels.

The goal should be to maintain self-respect and authenticity, rather than chasing a relationship that may no longer offer the genuine connection it once did.

Not all Rich People would become Billionaires.

Why every rich will not become billionaire?

Billionaires Versus Wealthy: The different lifestyle and social behaviour.

It’s crucial to distinguish between these two groups, as their journeys to wealth profoundly shape their mindsets and social behaviors. Let’s articulate both separately, as under:

How to become a Billionaire?

I. Established Wealth: The Billionaire Class

This group typically refers to individuals who have accumulated vast fortunes over a significant period, often through sustained business success, innovation, or inherited wealth spanning generations. Their lifestyle and social behaviors are often characterized by a more embedded, strategic, and often understated approach to their affluence.

A. Defining Characteristics & Lifestyle:

* Long-Term Vision & Strategic Planning:

Billionaires operate with a multi-decade or multi-generational perspective. Their decisions are rooted in long-term growth, legacy building, and preservation of wealth.

* Asset Accumulation & Passive Income:

Their focus is primarily on acquiring and growing income-generating assets (businesses, diverse investments, real estate) rather than simply maximizing active income. Their money truly “works for them.”

* Calculated Risk-Taking:

While they take risks, they are typically highly calculated and based on extensive research, expertise, and a deep understanding of market dynamics.

* Frugality & Conscious Spending (Often):

Despite their immense wealth, many established billionaires are remarkably frugal in their daily lives, avoiding excessive conspicuous consumption. Spending is often strategic, for investments, experiences, or causes rather than mere display.

* Prioritization of Health & Well-being:

Recognizing that their capacity for work and strategic thinking depends on it, they often invest in their physical and mental health through rigorous routines.

* Continuous Learning & Growth Mindset:

They are voracious readers and learners, constantly seeking new knowledge, adapting to change, and viewing challenges as opportunities for personal and professional growth.

* Global Perspective:

Their interests and investments often span continents, giving them a broad worldview and understanding of diverse economies and cultures.

B. Social Behavior & Interaction

* Respect for Talent and Expertise:

This is a hallmark. Billionaires, having often built empires by identifying and leveraging talent, genuinely understand its value.

* Delegation & Trust:

They are masters of delegation, trusting experts in various fields (legal, financial, operational, technological) to handle specific domains. Their self-confidence allows them to admit what they don’t know and seek out those who do.

* Valuing Intellectual Capital:

They prioritize intellectual capital over personal opinion in areas outside their core expertise. They may challenge and probe, but ultimately respect well-reasoned, expert advice.

* Merit-Based Relationships:

Professional and often social relationships are built on competence, shared vision, and mutual benefit, rather than purely emotional ties.

* Networking & Strategic Relationships:

Their social circles are often carefully curated, built on shared professional interests, influence, and mutual benefit. Networking is a disciplined and ongoing activity.

* Discretion & Privacy:

They tend to be more private and discreet about their wealth and personal lives, understanding the implications of public scrutiny.

* Philanthropy (Often Purpose-Driven):

While varying, philanthropy among established billionaires is often substantial, strategic, and aimed at creating systemic change rather than merely transactional giving.

II. The Neo Rich: Navigating Sudden Wealth

This group comprises individuals who have recently come into significant wealth, often rapidly, through a successful venture sale, a significant investment payout, an unexpected inheritance, a lottery win, or other “accidents of fortune.” Their social behaviors are heavily influenced by the sudden shift in their financial reality and the psychological adjustments required.

A. Defining Characteristics & Lifestyle

* Immediate Gratification & “Splurge”:

A primary characteristic is the desire to immediately enjoy and display their newfound wealth through conspicuous consumption (luxury cars, designer goods, lavish experiences). This is often a way to validate their success.

* Focus on Consumption over Asset Building (Initially):

There can be a stronger initial focus on spending and enjoying money rather than strategically investing and growing their net worth for the long term.

* “Catching Up” Mentality:

They may feel a need to acquire things or experiences they previously couldn’t afford, sometimes leading to impulsive or over-the-top spending.
* Less Financial Literacy (Initially): They may lack the inherent financial education and management experience that often accompanies generational wealth or long-term business building, leading to potential mismanagement.

B. Social Behavior & Interaction

* Inflated Sense of Universal Wisdom:

As discussed, a common fallout is the assumption that financial success translates to expertise in all fields, including areas outside their actual competence (e.g., legal, medical).

* Resistance to Expert Advice:

They may struggle to genuinely accept advice from professionals, believing their own judgment is superior due to their wealth. This can manifest as feigned humility.

* “Why Didn’t I Think of That?”:

They are often genuinely surprised when experts provide solutions they couldn’t conceive, highlighting the gap between business acumen and specialized knowledge.

* Shift in Old Social Circles (“Peer Migration”):
* Drift and Strain:

Old friendships can become strained or dissolve as interests diverge, or due to requests for money/favors.

* Avoidance of Intimate One-on-One Encounters:

They often avoid deep, personal conversations with old friends. This is a multi-faceted defense mechanism to:

  • Save time for new ventures/interests.
  • Avoid “money talk” or direct requests for help.
  • Manage the discomfort of differing lifestyles and perspectives.
  • Guard privacy.
  • Attraction of New, Often Superficial Acquaintances: They become magnets for new “friends” drawn by their wealth, leading to a potentially less authentic social circle.
* Strategic Re-engagement with Old Friends:

When a specific obligation or need or benefit arises, the neo rich can seamlessly, if temporarily, revert to an “old friend” persona.

* Performance of Normalcy:

They will engage in casual behavior (e.g., “doing laundry,” eating simple food) and employ flattery to create an atmosphere of ease, minimizing the years of distance.

* Transactional Undercurrent:

This re-engagement is often driven by a specific need (a favor, an appearance) rather than a desire to rekindle deep intimacy.

* Envy for Trivial Things:

Despite vast wealth, they can exhibit surprising envy over seemingly minor possessions or achievements of old friends (e.g., Rolls Royce owner envying a Mercedes). This highlights:

  • Insecurity about New Status: A lingering need to constantly validate their position and ensure they are perceived as superior within their old circles.
  • Zero-Sum Mentality: A view that another’s gain diminishes their own standing.
  • Unresolved Internal Conflicts: Wealth doesn’t solve all psychological issues; it can sometimes amplify existing insecurities.
  • Increased Anxiety/Paranoia: Often grapple with fear of losing wealth, distrust of others’ motives, and pressure to maintain their new lifestyle (Sudden Wealth Syndrome).

In summary, while both groups possess significant financial resources, their journeys, mindsets, and the resulting social behaviors present a fascinating contrast, shaped by the source, duration, and psychological integration of their wealth.

However the big question for the ordinary “others” is How to deal or transact with the Billionaires, rich, wealthy and neo-rich people? Read about it too.

India’s Rising Defence Production and Exports

Rising defence export

Analysis of India’s Defence Sector Production and Exports (2014-2025)

Defence Export by India: India has experienced a significant surge in its defence sector production and exports over the last decade, largely driven by the “Make in India” and “Atmanirbhar Bharat” (self-reliant India) initiatives.

I. Defence Production Growth:

Significant Increase: India’s defence production reached ₹1.27 lakh crore (approx. US$ 15.2 billion) in FY 2023-24. This marks an impressive 174% increase from ₹46,429 crore in 2014-15.
Target: India aims to achieve ₹3 lakh crore in defence production by 2029.
Reduced Import Dependency: Approximately 65% of defence equipment is now manufactured domestically, a significant reversal from the earlier 65-70% import dependency a decade ago.
Industrial Base: India’s defence industrial base is robust, comprising 16 Defence Public Sector Undertakings (DPSUs), over 430 licensed companies, and approximately 16,000 Micro, Small, and Medium Enterprises (MSMEs).
Private Sector Contribution: The private sector plays a crucial role, contributing around 21% to the total defence production.

II. Defence Exports Growth

Remarkable Surge: Defence exports have seen an extraordinary increase, growing 30 to 34 times over the last decade.
From ₹686 crore in FY 2013-14 to ₹21,083 crore in FY 2023-24.
Further increasing to ₹23,622 crore in FY 2024-25.
Decadal Growth (2014-2024): Total defence exports during this decade amounted to ₹88,319 crore, a 21-fold increase compared to the ₹4,312 crore in the preceding decade (2004-2014).
Year-on-Year Growth: Defence exports grew by 32.5% year-on-year, rising from ₹15,920 crore in FY 2022-23 to ₹21,083 crore in FY 2023-24. In FY 2024-25, a growth of 12.04% was registered over FY 2023-24.
Export Destinations: India now exports defence equipment to over 100 countries, with the USA, France, and Armenia being among the top buyers in FY 2023-24.
Export Portfolio: The export portfolio has diversified to include a wide range of items such as bulletproof jackets, Dornier (Do-228) aircraft, Chetak helicopters, fast interceptor boats, radars, lightweight torpedoes, missile systems (like Akash SAM), Advanced Towed Artillery Gun Systems (ATAGS), and naval platforms.

Private Sector vs. DPSUs in Exports (FY 2024-25):

Private sector: ₹15,233 crore (64.5%)
DPSUs: ₹8,389 crore (35.5%), showing a significant increase of 42.85% in their exports in FY 2024-25.
Export Authorizations: The number of export authorizations issued has also seen a rise, with 1,762 authorizations in FY 2024-25, a 16.92% increase from the previous year.
Future Target: The government aims to achieve ₹50,000 crore in defence exports by 2029.

III. Key Drivers of Growth

“Make in India” and “Atmanirbhar Bharat” Initiatives: These government policies have been central to promoting self-reliance and domestic manufacturing in the defence sector.

Policy Reforms:

Increased Budget Allocation:

The defence budget has significantly increased from ₹2.53 lakh crore in 2013-14 to ₹6.81 lakh crore in 2025-26, with a substantial portion allocated for domestic procurement (75% of the modernization budget for FY24).

Liberalized FDI Policy:

Foreign Direct Investment (FDI) in defence was liberalized in 2020, allowing up to 74% through the automatic route and 100% via government approval, attracting foreign investment.

Positive Indigenisation Lists (PILs):

These lists mandate that certain defence items must be sourced domestically, further boosting indigenous production.

Innovations for Defence Excellence (iDEX):

This initiative promotes innovation and R&D in the defence sector, involving startups and MSMEs.

Production-Linked Incentive (PLI) Schemes:

These schemes incentivize manufacturing in various sectors, including defence, to enhance global competitiveness and reduce import dependency.

Increased Private Sector Participation:

The government has actively encouraged private sector involvement, leading to innovation and increased efficiency.
Focus on Indigenous R&D: Organizations like DRDO (Defence Research and Development Organisation) are crucial in driving technological innovation and transfer, leading to the development of cutting-edge military platforms.

Expanding Global Footprint:

India’s growing capability and competitive pricing have made its defence products more attractive to other nations.

Defence Industrial Corridors:

Establishment of dedicated defence industrial corridors in states like Uttar Pradesh and Tamil Nadu is further boosting indigenous production and attracting investment.

In summary, India’s defence sector has undergone a remarkable transformation in the last decade, shifting from a primarily import-dependent nation to a significant player in global defence production and exports. This has been a conscious and strategic effort by the government, supported by a robust industrial base and increasing private sector participation.

India has best Income Equality among large economies.

Poor does not remain poor in India

India’s economic journey is no longer just about scale—it’s about transformation. According to a recent World Bank report, the country has managed something few developed economies can boast: pairing rapid growth with meaningful progress in income distribution. This isn’t merely about GDP spikes or stock market highs—it reflects a deeper shift where prosperity is reaching broader segments of society. From rural wage improvements to expanded welfare coverage, the metrics point to inclusive advancement. While global headlines often focus on India’s digital boom and infrastructure leaps, this underlying equity story marks a powerful chapter. In a world grappling with rising inequality, India’s model offers a compelling, counterpoint: growth served hot, but shared widely. According to theWorld Bank data, India has demonstrated remarkably better income equality compared to G7 and G20 countries.

Here’s a breakdown of the report and its implications:

Key Findings of the World Bank Report:

  • High Ranking in Income Equality: India ranks fourth globally in income equality with a Gini Index of 25.5. This places it among the most equal societies worldwide, trailing only the Slovak Republic (24.1), Slovenia (24.3), and Belarus (24.4).
  • Outperforming G7 and G20 Nations: India’s Gini Index score is significantly lower than that of major economies like China (35.7), the United States (41.8), and all G7 and G20 countries. Many of these are considered advanced economies, making India’s achievement particularly noteworthy.
  • For context, a Gini Index of 0 represents perfect equality (everyone earns the same), while 100 represents maximum inequality (one person earns all the income). A lower score indicates greater equality.
  • Steady Improvement Over Time: India’s Gini Index has improved consistently, dropping from 28.8 in 2011 to 25.5 in 2022. This indicates a sustained effort and progress in bridging income gaps.
  • Poverty Reduction as a Key Driver: A significant factor contributing to India’s improved income equality is its success in reducing extreme poverty. The World Bank’s Spring 2025 Poverty and Equity Brief highlights that:

1.  Around 171 million Indians moved out of extreme poverty between 2011 and 2023.
2. The extreme poverty rate (based on the global poverty line of $2.15 per day) sharply declined from 16.2% in 2011 to just 2.3% in 2022-23.
3. Even with a revised extreme poverty threshold of $3.00 per day, the poverty rate for 2022-23 would be a modest 5.3%.

Elaboration and Explanation:

The World Bank’s report suggests that India’s economic growth is being shared more equitably across its population. This is a departure from the common narrative that rapid economic growth in developing countries often exacerbates income disparities. The report attributes India’s success to a consistent policy focus on several fronts:

  • Poverty Alleviation Programs: The massive reduction in extreme poverty directly contributes to better income equality. When a large segment of the population moves out of the lowest income brackets, it naturally shrinks the gap between the poorest and the rest.
  • Financial Inclusion Initiatives: Schemes like the PM Jan Dhan Yojana, which has led to the opening of over 55 crore (550 million) bank accounts, have significantly expanded financial access for the previously unbanked population. This enables more people to participate in the formal economy, access credit, and build assets, thus reducing financial exclusion.
  • Efficient Welfare Delivery through Digital Infrastructure: The Aadhaar national digital ID system, now covering over 142 crore (1.42 billion) people, has enabled highly efficient Direct Benefit Transfers (DBT) of welfare payments. This minimizes leakage and ensures that government support reaches the intended beneficiaries directly, significantly impacting the incomes of vulnerable populations. Reports indicate that this has saved Rs 3.48 lakh crore (approx. $42 billion USD) by March 2023.
  • Targeted Social Safety Nets and Support Schemes:
  • Ayushman Bharat: Provides health coverage of Rs 5 lakh (approx. $6,000 USD) for families, improving healthcare access and reducing out-of-pocket expenses for millions.
  • Stand-Up India: Supports entrepreneurs from Scheduled Castes/Tribes (SC/ST) and women with loans and assistance, fostering inclusive economic participation.
  • PM Vishwakarma Yojana: Offers support, training, and loans to artisans, helping traditional craftspeople integrate into the modern economy.
  • PM Garib Kalyan Anna Yojana (PMGKAY): Provides free food grains to over 80 crore citizens, ensuring food security and alleviating immediate economic burdens for a vast population.

Comparison with G7 and G20 Countries:

The fact that India has a lower Gini Index than all G7 and G20 nations is particularly significant. These are often the world’s largest and most developed economies. While they may have higher average incomes, their income distribution tends to be more unequal. This suggests that India’s model of prioritizing inclusive growth and direct welfare interventions is proving effective in achieving a more equitable society, even as it continues its economic development journey.

In essence, the World Bank report portrays India as a country that has successfully coupled economic growth with a substantial improvement in income distribution, a feat that many developed nations struggle to achieve.

Another Brexit in UK with departure of Billionaires

Billionaires exiting UK

Britain’s Billionaire’s Exodus:
Why the UK is Losing its Wealthiest Residents

Introduction

A silent but powerful shift is taking place in the United Kingdom: an exodus of billionaires, millionaires, and high-net-worth individuals (HNWIs) who have long made London their home.

UK’s billionaire exodus is heating up like a tax-season curry 🌶️. The main driver? Sweeping tax reforms—including the end of the “non-dom” status, higher capital gains and inheritance taxes, and VAT on private school fees. Wealthy individuals feel squeezed by rising tax burdens and diminishing returns on public services. Add concerns over safety, Brexit fallout, and a sluggish economy, and the UK’s appeal dims fast. Many are relocating to tax-friendly havens like the UAE, Monaco, and Switzerland. It’s not just about money—it’s about lifestyle, stability, and perceived value. The spice is too strong, and the billionaires are bolting.

The Policy Trigger: End of the Non-Dom Regime

In March 2024, Chancellor Jeremy Hunt, and later Labour Chancellor Rachel Reeves, abolished the long-standing non-dom tax regime. This regime had allowed UK residents who claimed non-dom status to avoid paying UK taxes on foreign income, capital gains, and offshore trusts.

Effective July 2025, any resident living in the UK for more than four years will be subject to full UK taxation on their global income, capital gains, and inheritance. This includes a 45% top income tax rate, up to 24% on capital gains, and a 40% inheritance tax on worldwide assets.

Who Is Leaving?

The list of departures reads like a who’s who of global business:

  • John Fredriksen, the Norwegian shipping tycoon, moved his business empire from London to the UAE, criticizing Britain for its deteriorating business environment.
  • Lakshmi Mittal, steel magnate and long-time UK resident, is reportedly weighing a shift to Switzerland, Italy, or the UAE.
  • Iwan and Manuela Wirth, founders of Hauser & Wirth, relocated to Switzerland.
  • Richard Gnodde, vice-chairman of Goldman Sachs International, left for Milan.
  • Filippo Gori, JPMorgan’s European head, relocated to New York.

The Numbers: Just How Big Is This?

  • According to the Henley & Partners Private Wealth Migration Report, 10,800 millionaires left the UK in 2024, a 157% increase over 2023.
  • The UK is projected to lose 16,500 millionaires in 2025, more than any country globally, even China.
  • These individuals reportedly hold over £66 billion in investable assets.

Taxation: The Smoking Gun

A landmark study by economists Arun Advani, David Burgherr, and Andy Summers (2025) quantified the effect of the tax policy shift:

  • A 19% drop in the net-of-tax rate caused a 6% emigration surge among the UK’s wealthiest residents.
  • The estimated elasticity (~0.26) means a 1% increase in effective tax burden leads to a 0.26% increase in emigration.
  • The primary driver was the inclusion of global income and assets in the UK tax net, especially inheritance tax on overseas estates.

Push and Pull Factors

  • Push: Higher taxes, fear of future fiscal crackdowns, and the political tone toward wealth.
  • Pull: Favorable tax regimes in the UAE (0% income tax), Italy (flat €100,000 tax on foreign income), Switzerland (lump sum taxation), and Portugal or Greece (golden visas, low inheritance taxes).

Economic Consequences

  • Oxford Economics warns the exodus could result in a net revenue loss of £1 billion annually, due to reduced consumption, investment, and property activity.
  • VAT, stamp duty, and even philanthropic donations are likely to decline.
  • Critics warn that the UK is risking its status as a wealth magnet.

Political and Public Perception

  • While some polls show 81% of millionaires support fair wealth taxation, the ultra-wealthy feel targeted.
  • Labour and Treasury are reportedly reconsidering the inheritance tax portion of the non-dom overhaul to prevent further damage.

Skepticism: Is the Panic Overblown?

  • Watchdogs like Tax Justice Network argue that the millionaire exodus is overstated: 0.2% to 0.6% of millionaires is not mass migration.
  • However, even this small number represents outsized losses in tax, capital, and influence.

Conclusion: A Fork in the Road

The UK faces a paradox: how to tax the ultra-rich fairly while still retaining their investment, influence, and entrepreneurship. If left unaddressed, the flight of capital and talent could signal more than just a fiscal miscalculation—it could mark the decline of London as the financial capital of Europe. Whether the government retools its policies or doubles down on fairness will determine whether this is a temporary reshuffle or a long-term shift in global wealth geography.

 

also see: Henley & Partners, Arun Advani (LSE), FT.com, The Times, WSJ, Economic Times, Tax Justice Network

How to Save a Failing Marriage?

Striking at the Pandemic of Divorce: A Step-by-Step Guide to Relational Resilience

The rising tide of divorce is not merely a statistical trend; it is a profound human tragedy. Deep inquiry has revealed that beyond superficial disagreements, the deepest fissures in relationships often form when life’s most potent and personal “compartments”—money, sex, religion, and politics—are allowed to rigidly “marry” each other. When their distinct “rules” are conflated, they create a fertile ground for “discomfort, unnecessary arguments, despair, and ultimately, divorce.”

This guide offers a practical, step-by-step approach to managing these sensitive areas, transforming them from potential battlegrounds into foundations for lasting harmony and shared “fun.” A healthy relationship is a matter of management. But relationship is not managed in abstract. It involves management of Money, Sex and Religion or acts related to these three arena of life.

Part 1: Cultivating Financial Fortitude & Strategic Management (The Money Game)

The Principle: “Respect money and wealth, but hate debt.” Ensure your “chips” are always available, not just for personal comfort, but for shared resilience.

Step 1: Build Your Financial Sanctuary (The Unemployment Fund & Emergency Buffer)

  • Action: Immediately prioritize saving 6-12 months of your essential living expenses. Aim for the 10-month target, if possible to create an Emergency Fund.
  • How: Set up automated transfers to a separate savings account that is not easily accessible (e.g., no attached debit card, perhaps even at a different bank). Treat this transfer like a non-negotiable bill.
  • Why: This fund is your absolute shield against desperation. It ensures that unforeseen events (job loss, medical emergency) don’t force you into “hateful debt,” which is a leading cause of arguments, despair, and divorce. It buys you peace of mind and time to adapt without panic. If no emergency like unemployment or sickness arise and if invested properly, this will be a corpus on which foundation of future will be laid.

Step 2: Master Lifestyle Control & Conscious Consumption

  • Action: Regularly audit your spending. Question every purchase, particularly non-essentials. Prioritize “real and immediate” needs over accumulating “things you never use.”
  • How: Resist the urge to automatically upgrade your lifestyle as income increases. Embrace a “low profile” where perceived status doesn’t dictate spending. For new families, question the immediate need for significant expenses like a dedicated nursery; prioritize safe room-sharing (as common in India) and core needs.
  • Why: This prevents “lifestyle inflation,” which locks you into higher fixed costs and depletes your “chips.” Avoiding unnecessary expenses frees up resources for genuine security and allows you to sidestep the “heartbreak” of having to downsize later if income fluctuates. It’s the antidote to “Fools Folly.”

Step 3: Practice Financial Strategic Ambiguity (The “Revealed Concealment”)

  • Action: In your relationship, maintain open dialogue about shared financial goals (e.g., saving for a home, retirement), shared contributions to household expenses, and joint financial responsibilities. However, for individual earnings beyond agreed-upon contributions, respectfully establish a boundary of privacy regarding precise figures. Do not reveal exact amount of income.
  • How: Communicate this boundary clearly and consistently: “We are partners in our financial future, and we’ll openly discuss our shared goals and contributions. My exact income, however, is a personal detail I prefer not to discuss.” Ensure mutual agreement on this boundary.
  • Why: This prevents the “rigid mathematics” of income from creating “expectations and heartburning.” It fosters individual financial responsibility and trust in contribution, rather than comparison or demands based on perceived earning capacity.

Part 2: Navigating Intimacy & Personal Space (Sex & Religion)

The Principle: Respect the distinct nature of personal experience, fostering genuine connection through voluntariness and understanding, not imposition.

Step 4: Cultivate Open & Ongoing Dialogue on Sexual Synchronicity

  • Action: Prioritize regular, honest, and empathetic conversations about your sexual relationship. Discuss desires, boundaries, comfort levels, and evolving preferences.
  • How: Recognize that sexual connection is a “game” that requires continuous “thought” and “practice” from both players. Avoid assumptions. Focus on mutual pleasure and understanding, not performance metrics.
  • Why: Ensures the sexual relationship remains a source of mutual joy and connection, rather than a space for unmet expectations, resentment, or external comparisons that can lead to “heartburning.”

Step 5: Distinguish Faith from Ritual & Respect Individual Spiritual Paths

  • Action: Acknowledge and genuinely respect your partner’s internal faith, spiritual journey, or lack thereof. Understand that their personal connection to their beliefs is distinct from how they choose to express it outwardly.
  • How: Discuss religious practices and rituals separately from core beliefs. Agree on which, if any, rituals will be shared family practices (like Diwali), and for which individual participation is acceptable.
  • Why: Prevents conflict stemming from differing core beliefs. It recognizes that forcing belief or participation in rituals is futile and damaging to authentic connection.

Step 6: Embrace “No Sticks, Limited Carrots” for Ritual Participation

  • Action: Absolutely avoid coercion, guilt-tripping, shaming, or emotional manipulation to force your partner into religious rituals. Accept their choice not to participate. If inviting, do so gently and respectfully, acknowledging their autonomy.
  • How: If you wish for a partner’s presence, express it as a desire for shared experience (“I’d love for you to join me if you feel comfortable”) rather than a demand (“You must come”). Understand that even positive inducements (“I will cook this for you”) have limited long-term effect on genuine adult participation.
  • Why: Preserves individual freedom and prevents resentment from forced conformity. It prioritizes relational peace and love over rigid adherence to external practices.

Part 3: Managing External Influences (Politics)

The Principle: Protect intimate relationships from the divisive nature of ideological battles, prioritizing harmony over conversion.

Step 7: Implement Strategic Political Disengagement in Your Personal Sphere

  • Action: Identify when political discussions with your partner, family, or close friends become destructive. Mutually agree to “keep your mouths shut” on highly contentious topics to preserve the relationship.
  • How: Recognize that political views are often deeply ingrained. Focus on areas of shared values or interests rather than attempting to debate or convert. Agree to disagree respectfully.
  • Why: Prevents political ideology from becoming a relentless source of “heartburning” and division within your most intimate bonds. It acknowledges that continuous ideological warfare is incompatible with lasting peace.

Step 8: Abandon the “Savior Complex” for Personal Relationships

  • Action: Understand that your primary role within your marriage is to be a partner, not a political activist tasked with converting your spouse. Leave the work of broad political change to “professional politicians” and broader societal movements.
  • How: Resist the urge to constantly critique or challenge your partner’s political views. Focus your energy on building and nurturing your shared life together, rather than on ideological crusades within your home.
  • Why: Protects the relationship from the immense strain of ideological friction. It acknowledges that sacrificing marital harmony for the sake of political conformity is a self-defeating strategy.

Conclusion: The Shared Fun of a Well-Managed Life

The pandemic of divorce is a brutal reality, stemming from a fundamental misunderstanding of how these powerful forces—money, sex, religion, and politics—interact within the delicate ecosystem of a relationship. When treated as rigid, all-encompassing demands rather than distinct compartments to be managed with wisdom and respect for individual autonomy, they inevitably lead to conflict and breakdown.

The ultimate wisdom guiding this entire framework is profoundly simple:

“If you think life is for fun it cannot be your fun alone.”

True joy, fulfillment, and lasting peace are inherently shared. By consciously managing your “chips,” fostering authentic intimacy, respecting individual spiritual paths, and prioritizing relational harmony over political dogma, you are not just avoiding the pitfalls of divorce. You are actively building a life where “fun” and well-being are amplified through mutual respect, understanding, and the profound shared journey of a resilient partnership. This is how we collectively “strike at the pandemic of divorce” and cultivate a more harmonious society, one relationship at a time.

Hollywood May Follow Down the Cliff After Urdu Cinema Bollywood:

The Disconnect Between Creators, Content, and Core Audience – With Crucial Counterpoints.

Introduction

For decades, Hollywood and its international counterparts have served as powerful cultural mirrors, reflecting and sometimes shaping societal norms and aspirations. Yet, a growing sentiment among discerning viewers suggests a perceived decline in the “quality” of mainstream productions, particularly when compared to the nuanced, intellectually fulfilling, and emotionally rich television dramas of the late 20th and early 21st centuries. This essay argues that this perceived decline stems not merely from shifting aesthetic preferences, but from a profound disconnect between the personal experiences and creative choices of an increasingly insular creative elite, and the values and desires of a broader, more diverse audience. By drawing a striking parallel with recent trends in the Indian film industry, particularly the struggles of mainstream Bollywood, we can see a potential future for Hollywood if it fails to recalibrate its approach. This discussion would be incomplete, however, without acknowledging artists like Phil Collins and Hrishikesh Mukherjee, who, in their own ways, either transcended personal pain to connect universally or consistently championed grounded, relatable narratives, offering crucial counterpoints to the prevailing trends.

Defining Quality: Beyond Emotion and Entertainment

Our definition of “quality” in this context extends beyond mere emotional impact or surface-level entertainment. True quality, we posit, encompasses intellectual and academic fulfillment. This means content that stimulates thought, offers deeper insights into human nature or societal structures, explores complex themes with nuance, or even imparts knowledge. The “Golden Age” of American television, roughly from the early 2000s to mid-2010s, showcased this quality with shows like House M.D. (deductive reasoning, philosophical ethics), The Good Wife (legal and political intricacies), Person of Interest (AI, surveillance ethics), and Mad Men (socio-historical commentary). These shows excelled because they layered intellectual rigor onto compelling drama, inviting viewers to engage on a more cerebral level.

The Disappearing Family Backbone: A Sign of Disconnect

A key symptom of this perceived decline is the diminishing role of the traditional family unit in Hollywood narratives. While European cinema, even today, frequently explores the complexities of love, marriage, and family dynamics with a core of enduring commitment, many contemporary US productions, and even the “Golden Age” shows previously lauded, tend to marginalize or portray family solely as a source of conflict or vulnerability. Happy, stable marriages are conspicuously absent as central plot drivers.

This stands in stark contrast to the historical role of family drama as the “backbone” of theatre and cinema globally. Its absence can make characters less relatable for an “average viewer,” as family remains a universal human experience. This shift reflects:

  • Societal Changes: Rising divorce rates, diverse family structures, and an increasing emphasis on individualism in Western societies. While a majority of first marriages in the US do endure (around 55%), the dramatic emphasis often falls on the 45% that face significant challenges or end in divorce, prioritising conflict over commonality.
  • Dramatic Imperatives: Dysfunctional relationships inherently offer more immediate dramatic conflict than stable ones, a tempting draw for writers needing to sustain narratives across seasons.
  • Genre Specialization: The fragmentation of content into highly specific genres (superhero, crime, sci-fi) often sidelines the nuanced interpersonal dynamics of family life.

The Hypothesis: Creators Recreating Their Own Wounds

Herein lies a critical hypothesis: A significant contributing factor to the portrayal of dysfunctional relationships, and the absence of happily married characters, is that a disproportionate number of individuals within the Hollywood creative ecosystem (writers, directors, executive producers) may have experienced failed marriages or complex relationship histories themselves.

While exact statistics for “Hollywood intellectuals” are elusive, data suggests celebrities (with whom there’s significant overlap) have higher divorce rates than the general population. This aligns with the “write what you know” principle. Art can be a form of catharsis, allowing creators to explore their own pain or perspectives. If many key decision-makers and storytellers have navigated relationship struggles, they may inadvertently project these experiences onto their characters, normalising these patterns or even using their art to “apply balm on their own wounds of failure.” This is not a malicious “agenda,” but a natural human tendency for self-expression, inadvertently leading to a narrow, privileged lens on relationship dynamics.

Crucially, the examples of successful long-term marriages within Hollywood often belong to actors who play morally strong or aspirational characters on screen (e.g., Tom Hanks, Denzel Washington). These individuals are the faces of the industry, but not necessarily the narrative architects whose personal lives are reflected in the scripts. This distinction underscores that the problem lies more with the creative genesis than merely with public figures.

The Nuance of Personal Experience: Phil Collins as a Counterpoint

While creators may draw from personal pain, it doesn’t automatically equate to a cynical or dysfunctional output. Consider Phil Collins. Publicly, Collins is known for multiple divorces and complex personal relationships. Yet, his most iconic and universally beloved songs – like “In the Air Tonight,” “Against All Odds (Take a Look at Me Now),” “Separate Lives,” and “Another Day in Paradise” – were often profoundly influenced by his divorces and personal turmoil. Albums like “Face Value” were directly shaped by his first marital breakdown.

Collins demonstrates that:

  • Personal pain can be a powerful, universalizing creative catalyst: Rather than leading to insular or cynical art, it can be transmuted into universally resonant expressions of the human condition.
  • Authenticity transcends specific circumstances: Even if the source of the pain is personal relationship failure, the artistic output can speak to anyone who has experienced loss, longing, or emotional struggle, regardless of their own marital status.
  • The difference is in the delivery and universalization of the pain: Collins took his specific heartache and crafted melodies and lyrics that allowed millions to find their own experiences reflected within them. This contrasts with what we discussed as a potential pitfall in Hollywood, where the specificity of the creators’ insulated experiences might prevent broader connection.

The Bollywood Parallel: A Glimpse into Hollywood’s Potential Future

The recent trajectory of the Mumbai film industry, often pejoratively called “Bollywood” and sometimes “Copywood” (a term coined brilliantly adapted to describe its self-referential nature), serves as a potent warning.

  • Bollywood’s Downfall (Reflecting Stars’ Lives): Post-2020, Bollywood’s mainstream superstars, known for their larger-than-life, “jet-setting” films, have largely failed to deliver genuine hits. These films, arguably, reflected the increasingly detached, opulent personal lives and aspirations of the stars and the industry’s elite, losing touch with the common Indian audience. The “Copywood” phenomenon, in this context, refers to creators recreating their own isolated, privileged experiences rather than engaging with broader societal realities.
  • The Rise of Relatability (Middle-Class Family Focus): The vacuum left by these failures has been filled by films starring actors like Rajkummar Rao, focusing on family dramas and narratives rooted in the ordinary, middle-class Indian experience. Shows like Amazon Prime’s “Panchayat” and SonyLIV’s “Gullak” have achieved immense success by embracing authenticity, relatability, and the enduring nature of family life in small-town India, even with its imperfections.
  • The Ultimate Downfall: Reduced to Models: The most “epic downfall” for these Bollywood mega stars is their pervasive presence as brand ambassadors for everyday consumer goods – toilet cleaners, soaps, soft drinks, paan masala. This signals a profound loss of artistic credibility and suggests a financial imperative beyond their failing film projects. They have been reduced to mere models, a stark indicator that their primary artistic output is no longer connecting with the masses.

Hrishikesh Mukherjee and Amitabh Bachchan: Bollywood’s Enduring Counter-Narrative

In this context, the legacy of Hrishikesh Mukherjee (1922-2006) becomes profoundly relevant. Mukherjee, often dubbed the “common man’s director,” consistently carved a unique niche in Indian cinema. While Bollywood was frequently swept up in “masala” entertainers or the increasingly glamorous lives of its stars, Mukherjee dedicated his career to crafting films that meticulously portrayed the lives, values, joys, and gentle struggles of the Indian middle class. Movies like Anand, Gol Maal, Chupke Chupke, and Khubsoorat were lauded for their simplicity, humanism, and profound relatability. His characters grappled with everyday moral dilemmas, familial bonds, and societal pressures, often with humor and a deep sense of empathy, rather than grand spectacle or dysfunctional excess. Mukherjee proved that profound, intellectually rich, and universally appealing cinema could be made by staying grounded in authentic human experience, offering a blueprint for the very success stories now emerging in Indian OTT and independent cinema. He represented the “family backbone” of Indian storytelling decades before it became a commercial necessity.

Further strengthening this counter-narrative is Amitabh Bachchan himself, a quintessential Bollywood “Mega Star” who defied the industry’s prevailing trends multiple times. Despite his well-documented (though privately handled) marital complexities with Jaya Bachchan, with reports suggesting they live in separate residences but maintain public unity for family functions, Bachchan successfully reinvented his career in the 2000s. He shifted from the “Angry Young Man” to portraying mature, often patriarchal, yet deeply relatable characters in films like Mohabbatein, Kabhi Khushi Kabhie Gham, and notably, Baghban. Many of these films championed traditional family values, parental sacrifice, and the enduring strength of marital bonds. Bachchan’s ability to powerfully embody these aspirational family roles, irrespective of his private life, highlights:

  • The enduring audience hunger for such narratives.
  • The artist’s capacity to transcend personal circumstances to deliver a performance that resonates with universal human longings and societal values.
  • A strategic understanding of the Indian audience’s deep-seated respect for family, which contrasts with the Hollywood trend of foregrounding personal dysfunction.
Hollywood’s Precipice:

The parallels are chilling:

  • Insular Narratives: Just as Bollywood’s “jet-setting” films became detached from the Indian reality, Hollywood risks creating content that primarily reflects the experiences and anxieties of its own “bubble” – the urban, privileged, and often relationship-challenged creative class. This leads to a repetition of themes that resonate with creators but miss the mark with a broader audience seeking different forms of intellectual and emotional fulfillment, particularly in the realm of stable relationships and family values.
  • Over-reliance on Spectacle and Franchise: Hollywood’s current box office health heavily relies on massive “tentpole” blockbusters, sequels, reboots, and superhero franchises. While these offer spectacle, they often lack the intellectual depth or relational grounding that defined the “Golden Age” shows. This masks a deeper creative stagnation.
  • The “Celebrity-as-Brand” Trap: If Hollywood continues down this path, its mega stars, too, might find their artistic relevance diminishing. While their wealth and fame might endure for a time, they could eventually resort to more overt, and perhaps less dignified, forms of commercial endorsement to maintain income and visibility, much like their Bollywood counterparts. The cultural significance of their artistic contributions would erode, leaving behind only the commercial husk of “celebrity.”

Conclusion:

The perceived decline in Hollywood’s “quality,” defined as intellectual and academic fulfillment, is multi-faceted. However, a significant, often overlooked factor is the potential for Hollywood’s creative output to be a reflection of the personal experiences and prevailing worldviews of its creators, particularly concerning relationships. The compelling example of Bollywood’s recent struggles and the rise of relatable family dramas in India, coupled with the humbling shift of its mega stars into pure product endorsement, serves as a powerful cautionary tale. Yet, the enduring resonance of artists like Phil Collins, who transmuted personal pain into universal emotional connection, and the timeless appeal of Hrishikesh Mukherjee’s grounded, middle-class family dramas, as powerfully embodied by a reinvented Amitabh Bachchan, offer a roadmap. If Hollywood fails to reconnect with universal human experiences, to embrace diverse narratives that include the aspirational as well as the challenging, and to break free from the echo chamber of its own “jet-setting” (or emotionally complex) realities, it too risks facing a similar “downfall,” losing its vital connection with the global audience and descending down the cliff after Bollywood. The path to renewed quality lies in authenticity, empathy, and a willingness to tell stories that truly reflect the vast and varied human condition, beyond the confines of a privileged few.

SEBI Curbing Stock Exchange “injection spike” fraud.

Making money from injection spike in Stock Exchange.

Injection spike on expiry day in stock exchanges has been a matter of concern. The recent interim order by the Securities and Exchange Board of India (SEBI) against Jane Street Group has sent ripples through the Indian financial markets, exposing a sophisticated alleged manipulation strategy that reportedly exploited the nuances of F&O expiry days. This case sheds light on the inherent vulnerabilities of derivative markets to well-orchestrated schemes and underscores SEBI’s firm resolve to safeguard market integrity.

The Expiry Day “Injection Spike” Trade by Jane Street

SEBI’s detailed interim order outlines how Jane Street, a prominent US-based global proprietary trading firm, allegedly engaged in “extended marking the close” and “intra-day index manipulation” strategies. The core of their alleged modus operandi revolved around influencing the closing prices of benchmark indices like Nifty and Bank Nifty on their respective expiry days to profit from pre-positioned, significantly larger index options contracts.

The “injection spike” refers to the sudden and artificial price movements observed, particularly in the last hour or minutes of trading on expiry days. Jane Street’s alleged strategy involved:

Aggressive Intervention in Underlying Assets:

On identified expiry days, Jane Street entities reportedly made large, directional trades in the constituent stocks of the Nifty and Bank Nifty indices, as well as in index futures. For instance, on January 17, 2024, a Bank Nifty expiry day, they allegedly made net purchases worth ₹4,370 crore in Bank Nifty constituents (cash and futures), simultaneously building massive short positions in Bank Nifty options (7.3 times the size of their long cash/futures positions).

Creating Artificial Price Pressure:

By either aggressively buying to push prices up or aggressively selling to drive them down, Jane Street allegedly created artificial demand or supply. This sudden influx of orders, especially in periods of reduced liquidity near expiry, could cause a sharp “spike” or “dip” in the index’s value.

Exploiting Options Leverage:

The critical element was the immense leverage provided by options contracts. Even a marginal, engineered movement in the underlying index’s closing price could cause their vast options positions to expire significantly “in-the-money,” leading to colossal profits. SEBI noted that while Jane Street might incur losses in the underlying cash or futures segments during these manipulative trades, the profits reaped from the options segment were disproportionately larger, making the overall scheme highly lucrative. The firm allegedly garnered over ₹43,289 crore in profits from index options on NSE between January 2023 and March 2025 across all product categories and segments.

Misleading Other Traders:

Such engineered price movements could mislead other market participants, especially retail derivatives traders, into believing genuine market sentiment, leading them to take positions based on these false signals.

SEBI identified 18 such trading sessions (15 for Bank Nifty and 3 for Nifty) where Jane Street’s “sharp, large, and aggressive interventions” allegedly distorted market prices and undermined integrity. Notably, SEBI also pointed out that despite being explicitly advised by NSE in February 2025 to cease trading patterns suggesting manipulation, Jane Street allegedly resorted to similar practices again in May 2025, demonstrating a “clear disregard/defiance” of the advisory.

Consequences as per SEBI’s Interim Order

In response to these grave allegations, SEBI has taken stringent action through an interim order, signaling its commitment to clamping down on market manipulation, irrespective of the size or global standing of the entity involved. The key consequences for Jane Street Group are:

1. Market Ban:

SEBI has barred Jane Street and four of its affiliated entities (JSI Investments Pvt Ltd, JSI2 Investments Pvt Ltd, Jane Street Singapore Pte Ltd, and Jane Street Asia Trading Ltd) from accessing the Indian securities market. This means they are prohibited from buying, selling, or dealing in any securities, directly or indirectly, until further notice. This is a comprehensive prohibition.

2. Disgorgement of Unlawful Gains:

The regulator has directed Jane Street to disgorge alleged unlawful gains amounting to **₹4,843.57 crore** (approximately $570 million). This amount has been ordered to be deposited into an escrow account with a scheduled commercial bank in India. Banks, custodians, and depositories have been instructed to ensure no debits are made from Jane Street’s accounts without SEBI’s permission.

3. Winding Down Existing Positions:

While a blanket ban is in place, Jane Street has been granted a window of three months from the date of the order, or until the expiry of such contracts, whichever is earlier, to close out or square off any open positions in exchange-traded derivative contracts.

4. Cease and Desist Order:

The entities have been directed to cease and desist from directly or indirectly engaging in any fraudulent, manipulative, or unfair trade practice or undertaking any activity that may be in breach of norms.

5. Continued Investigation and Opportunity for Hearing:

The interim order signifies the preliminary findings of SEBI’s investigation. Jane Street has been given 21 days to submit objections and may request a personal hearing. The regulator will continue its probe, and a final order may entail further penalties or actions.

This decisive action by SEBI against a global trading giant like Jane Street underscores the regulator’s enhanced surveillance capabilities and its unwavering stance against any practice that compromises market fairness. While the firm has stated its intent to dispute SEBI’s findings, the interim order serves as a powerful deterrent, sending a clear message that India’s derivatives market, despite its high liquidity and volumes, is not a playground for manipulative strategies designed to create “injection spikes” for illicit gains. The focus on protecting retail investors from such sophisticated schemes remains paramount for the stability and credibility of the Indian financial ecosystem.

Hegemony of USA and it’s Perils.

Understanding China’s Critique: “USA Hegemony and Its Perils”

In February 2023, the Chinese Ministry of Foreign Affairs (MFA) released a significant report titled “US Hegemony and Its Perils.” This document serves as a comprehensive and sharp critique of what China perceives as the United States’ detrimental global influence across various domains. The report aims to expose the “abuse of hegemony” by the U.S. and draw international attention to its negative consequences for world peace and stability.

Key Arguments from the Report:

Introduction Overview:

The report asserts that since the end of the Cold War, the U.S. has acted boldly to interfere in other countries’ internal affairs, pursue and abuse hegemony, promote subversion, and willfully wage wars, causing significant harm to the international community. It claims the U.S. employs a “hegemonic playbook” that includes staging “color revolutions,” instigating regional disputes, and launching wars under the guise of promoting democracy, freedom, and human rights. The report accuses the U.S. of clinging to a Cold War mentality, engaging in bloc politics, and overstretching the concept of national security to impose unilateral sanctions and control. It also criticizes the U.S. for selectively applying international law and rules to serve its own interests while claiming to uphold a “rules-based international order.”

I. Political Hegemony—Throwing Its Weight Around:

  • Interference in Internal Affairs: Allegations of U.S. interference, including a “Neo-Monroe Doctrine” in Latin America, “color revolutions” in Eurasia (e.g., Georgia, Ukraine, Kyrgyzstan), and the “Arab Spring” in West Asia and North Africa, leading to chaos.
  • Imposing Values and Systems: Argument that the U.S. arbitrarily judges other countries’ democracies and fabricates a false narrative of “democracy versus authoritarianism” to incite division.
  • Double Standards: Accusations of applying double standards on international rules, prioritizing self-interest, and placing domestic law above international law, often withdrawing from international treaties.

II. Military Hegemony—Wanton Use of Force:

  • History of Violence and Expansion: Stating that U.S. history is characterized by violence and expansion, citing examples like the slaughter of Native Americans and frequent wars.
  • Frequent Wars and Interventions: Assertion that the U.S. frequently launches wars and interferes to establish a “Pax Americana,” seen as a unipolar world.
  • Global Military Presence and Alliances: Criticism of the U.S.’s vast network of military bases and alliances worldwide as tools for maintaining supremacy.
  • Humanitarian Disasters: Highlighting devastating humanitarian consequences of U.S. military actions, including civilian casualties and long-term instability (e.g., Iraq, Afghanistan).

III. Economic Hegemony—Looting and Exploitation:

  • Dollar Hegemony: Describing the U.S. dollar as the “main source of instability and uncertainty in the world,” used to impose sanctions and manipulate global markets.
  • Economic Coercion: Accusing the U.S. of using economic coercion, such as sanctions and trade wars (e.g., “Chip 4 alliance”), to suppress competitors.
  • Unfair Practices: Criticism for protectionist policies, “long-arm jurisdiction,” and abuse of export controls, disrupting global supply chains.

IV. Technological Hegemony—Monopoly and Suppression:

  • Monopoly and Suppression: Asserting that the U.S. seeks to maintain technological supremacy by monopolizing high-tech fields and suppressing other countries’ development.
  • Weaponizing Technology: Accusations of politicizing and weaponizing technological issues, implementing export controls, and imposing sanctions (e.g., Huawei).
  • Cyber Attacks and Surveillance: Allegations of widespread cyber attacks and surveillance on other countries, violating international law.

V. Cultural Hegemony—Spreading False Narratives:

  • Cultural Infiltration: Claiming the U.S. spreads its values and culture globally through various channels to influence public opinion.
  • Disinformation and Smear Campaigns: Accusations of using disinformation to attack other countries and engaging in smear campaigns.
  • Control of International Media: Suggestion that the U.S. exerts undue influence over international media outlets to shape narratives.

The report concludes by calling on the U.S. to “conduct a serious soul search,” abandon its hegemonic practices, and promote genuine multilateralism. It urges the U.S. to contribute to world peace and development instead of creating division and conflict. The overall message is that U.S. hegemony is a peril to global peace, stability, and the well-being of all peoples, and that a more equitable and multipolar world order is needed.

Download the Full Report: US Hegemony and Its Perils (Chinese MFA)

Please note: The link above directs to the official English version of the report on the Chinese Ministry of Foreign Affairs website.

 

Judiciary is a Robed Raj: An Requiem of Judicial Aristocracy in India

Judicial system in India as legacy of British Empire

Introduction to Judiciary

While the British left in 1947, one institution remained untouched in spirit, structure, and psychology: the judiciary. Not merely a pillar of democracy, but a vestigial crown—the last surviving outpost of empire.

India decolonized its Parliament. It could never decolonize its Courts i.e. its judicial system. This isn’t a poetic flourish. It is a structural truth, and now—an urgent crisis.

⚖️ The Colonial DNA of the Indian Judiciary

  • Language: English-only proceedings ensure 90% of Indians remain legal orphans.
    • Attire: Robes, wigs (once), and “My Lord” rituals mimic imperial courts, not democratic justice.
    • Recruitment: Judges themselves appoint judges through a system called the Collegium—a closed circle with no transparency or public input. India has a written constitution which does not even mention the word “collegium” but it has been created with senior judges of Supreme Court as its members.
    • Power without accountability: They cannot be easily impeached, audited, or even questioned without risking “contempt.” Read about Justice Yashwant Verma controversy below.

This is not a public institution. It is a self-governing aristocracy in black robes.

Ignoring Palpable Corruption

In March 2025, a fire at the Delhi residence of Justice Yashwant Varma led to a major judicial controversy when responders discovered heaps of half-burnt ₹500 notes in a storeroom under his control. Despite video evidence and multiple eyewitness accounts, no formal police complaint was filed. A Supreme Court-appointed panel investigated, calling 55 witnesses and eventually concluding that Varma and his family had covert access to the storeroom, suggesting serious misconduct.

The panel recommended impeachment proceedings, citing a lack of transparency and failure to report the incident. Justice Varma denied all allegations and claimed a conspiracy, but was nonetheless transferred to the Allahabad High Court, stripped of judicial responsibilities. The source of the cash remains unknown, leaving lingering questions about judicial accountability and the limits of institutional oversight.

🔁 Not Rule of Law—But Rule of Judges

India suffers not from the tyranny of precedent—but from its complete abandonment.

  • Precedents are fluid. Legal memory is optional.
    • Bench shopping is routine. Outcomes often depend on who hears the case, not what it concerns.
    • Judges routinely overstep, issuing moral rulings on food, films, and private life.

On social media people crying hoarse on different criterion being applied. Hashtag #Judiciary makes trend on social media but no change takes place to improve the situation or to make judicial decision consistant.

This is not jurisprudence. It is judicial adventurism. The robes may be black, but they carry the color of empire.

🧱 The Structural Curse of Judges

India’s judiciary is not comparable to that of Pakistan or Myanmar in outcome—they never had rule of law to begin with. But the structural resemblance is undeniable:

Just as the military is the self-appointing, untouchable force in Pakistan and Myanmar, the judiciary in India has become the military of the mind. I has ventured into all domains of executive governance, not even sparing the sports like cricket.

  • Judges, self-appointing judges through the collegium.
    • Immune from prosecution, even in corruption scandals.
    • Untouchable by Parliament, media, or public opinion.
  • Unanswerable to any institution of public under the veil of autonomy

From currency-filled residences to deliberate falsehoods in affidavits, judges face no consequence. This is not justice. It is an imperial order in judicial disguise.

📉 Collapse of Basic Justice: Contract Enforcement

India ranks among the worst in the world in enforcing contracts. Thanks only to judiciary.

  • India ranked 163rd out of 190 countries in the World Bank’s Ease of Doing Business (2020).
  • Judges go on leave with not even an SMS to litigants but if a litigant fails to turn up due to any emergency, he is required to pay costs which is may not be compensatory but punitive.
  • Judiciary requires over 1,400 days (nearly 4 years) to resolve an average commercial dispute. However, it is not uncommon to see litigation prolonging for decades.

This isn’t just inefficiency. It’s the symptom of a judiciary that pursues prestige over service. And the economy pays for it. Public has to suffer in silence.

👑 Aristocracy at the Judicial Benches

The real decay lies in the judiciary’s internal culture. It behaves less like a constitutional body, and more like a hereditary elite, convinced of its own superiority. The result of appointment through collegium system is that every judge is a close blood relative of another judge, present or retired.

  1. Misbehavior in Court
    – Judges openly scold, humiliate, and mock litigants and lawyers—especially juniors, alike.
    – Politeness is rare. Arrogance is the norm.
  2. Pushback from Lawyers
    – In smaller towns, this has escalated into protests and physical confrontations.
    – Lawyers no longer fear the bench. They resent it. Frequently Bars pass resolutions or go on strike to boycott a particular judge. The circus may be due to a cause but it is disgusting.
  3. Collapse of Professional Culture
    – The courtroom is no longer a place of mutual respect—it is a stage for dominance.
    – This is not sustainable. It is already beginning to crack.

The judiciary is no longer feared for its wisdom. It is resisted for its arrogance.

🌐 A Global Pattern: Judiciary and Status Quo

As Subhash Kak, a scientist by profession and settled in USA observes, the judiciary across many nations now acts as the guardian of the global status quo and judiciary of India is no different:

  • It obstructs nationalists while preserving old institutional power.
    • It aligns more with globalist elites than with the democratic will of people.
    • It is a counter-majoritarian force, immune to reform, and intolerant of disruption.

India is not isolated in this—only more opaque.

🪦 A Burial, Not a Reformation

This is not a call to reform. This is a call to retire the institution as it currently exists.

What has outlived its dignity,
what defends only itself,
what holds no mirror to the people—
deserves a burial, not fire.

The Robed Raj must end.

Not with slogans. Not with rage. But with clarity, courage, and the creation of a new system grounded in:

  • Transparency in appointments
    • Professionalism in conduct
    • Accountability to the public

Until then, India may vote freely, speak freely, even protest freely—

But it will not be ruled justly.
Not until the Robed Raj is named, challenged, and laid to rest.