In the last half century, India's economy has been on a rollercoaster ride, with the turning point of economic liberalization taking off in 1991, and now 25 years later, India again stands at the top of the ride, slowly but surely continuing to climb up the next massive hill.

2016 has been a year of significant change; a year in which a sky full of hobbyist drones has become the norm; a year that has witnessed a new breed of terrorism that has shaken the world's strongest governments; a year in which corporate governance scandals splash time and time again across the front-page news.