2016 was probably one of the most happening years which managed to surprise every Indian on more than one occasion. As far as politics and economics is concerned, 2016 made a big mark on the Indian economy and the Indian politics. Let’s go back into the flashback and relive the top 10 headlines of 2016 which leave us all high and dry!
1. The Sacking of Cyrus Mistry
One of the top headlines of 2016 shook the entire Business Arena of India when Cyrus Mistry was sacked as the CEO of one of India’s biggest Corporate Giants – Tata Sons. After serving the post for 4 years, Cyrus was sacked in a surprise move on 25th October and the widely loved Mr. Ratan Tata took over the reins once again as the interim CEO. The reason for sacking of Cyrus Mistry is still a mystery to many, but the Tata Group has been taken for a toss and it will be interesting to see how the corporate giant overcomes the challenges that lie in front of it.
2. The feud between Akhilesh vs Mulayam
With the Uttar Pradesh elections on the card, the ruling party of the state, i.e. the Samajwadi Party saw a fresh series of events which may not prove to be fruitful for the party. With all eyes stacked upon UP elections, the feud between the father and son has unfolded an interesting set of events and left the political gurus in a dilemma. The Party chief, Mulayam Singh, expelled his own son, who also happens to be the Chief Minister of Uttar Pradesh from the party, only to take him back the following day. But as per the sources, the fire hasn’t yet come down between the two and it will be interesting to see how the party defends its crown in the upcoming elections in 2017.
3. Passing of the Goods & Services Tax
One of the biggest headlines of 2016 was the GST bill. The much awaited Goods and Services Tax Bill was finally passed in the parliament on 8th of August, 2016 which has placed India on a new horizon altogether. As the world has its eyes on the hot investment opportunities in India, the GST has only polished the golden image of the country. The historic tax reform is said to have a huge impact on the growth of India and is expected to create a win-win situation for both, the government and the consumers. The Act is expected to come into force from 1st April, 2017.
4. The Pathankot Terror Attacks
It was not a ‘happy’ new year for India as the world entered 2016 as the headlines of 2016 began with a terrorist attack. 2nd of January, 2016, saw the Pathankhot Air Base of the Indian Forces facing a deadly terror attack, claiming the lives of 7 security personnel and a civilian. The dreadful attack made India start its year with a tear of joy rather than a ray of hope. The lives of our security forces were once again taken for granted and the security of the army base camps was questioned. While entire India was wishing for a strike back from the Indian forces, nothing really happened and once again the frustrated Indian common man was left disappointed.
The entire world, especially the Europeans, had their eyes on the referendum to be held in the United Kingdom on the 23rd of June, 2016. Brexit will definitely make it to one of the most talked about headlines of 2016, or rather the entire decade for the economic world. The United Kingdom held a referendum to decide its fate with the European Union on 23rd June and the result was not what everyone would have expected. ‘The seniors’ of the UK drove the nation out of the European Union even though the youngsters wished to be a part of it.
This decision of the United Kingdom to separate from the European Nation sent tremors across the globe. The Great Britain Pound and the Euro depreciated several levels post Brexit and various stock markets across the world saw a steep downfall, while Sensex saw a free fall of 604 points. The world seems to have recovered from the after effects of the move, but as on 23rd June, Brexit had taken everybody by surprise.
6. The Demise of Jayalalitha
This indeed has to be the one of the saddest headlines of 2016. 5th of December, 2016 saw the loss of one of the most iconic and popular political faces India had ever produced. The Chief Minister of Tamil Nadu, Mrs. Jayalalitha took her last breath on the night of 5th December, leaving an entire nation, and more so an entire state mourning to her death. Popularly known as ‘Amma’ (Mother), Jayalalitha was one of the most loved Chief Ministers of Tamil Nadu and her death came as a shock to many. The entire nation was left high and dry as the Iron Lady lost her battle against a cardiac arrest after fighting hard for a day and a half.
7. Mass Molestation in Bengaluru
It was neither a happy ending, nor a happy new year for the Indians, particularly for the people in Bengaluru as the news of mass molestation started hitting the surface. Several women were reported to be molested during the New Year Eve’s celebration in the city which left entire India shamed and humiliated. It wasn’t one of the best headlines to start the year with and several Indians were left agitated and annoyed. The comments which followed by senior politicians of various political parties only added fuel to the fire. India was once again left red faced and the security of women had again become a talking point. It is indeed sad that such news are making a part of one of the top headlines of 2016.
8. Victory of Donald Trump over Hillary Clinton
The 56th American Presidential Elections had been a talking point since a while. The entire world had their eyes on the election results on November 8th and the excitement of unveiling the successor of Barrack Obama was sky high. All the polls had suggested one clear winner: Hillary Clinton, however, Donald Trump was never ruled out either. But to everyone’s surprise, the highly criticized Donald Trump crossed the line as a finisher and is all set to become arguably the most powerful man on earth for the next 5 years. While the world is debating whether Trump deserves the chair or not, he is all set to take the charge after his oath taking ceremony on 20th January, 2017. If not the most shocking, it was definitely the most talked-about news of the world and unarguably one of the top headlines of 2016 for the entire world.
9. The Uri Attack and Surgical Strikes
While one of the above 2 headlines left Indians with tears, the other filled their hearts with pride and honour. 18th September, 2016, saw 4 gunmen from across the border taking the lives of 19 brave soldiers of the Indian Army. The attacks targeted the Uri Military Camp of the Indian Army. The attack was said to be one of the deadliest attacks on the forces in Kashmir in the last 2 decades. While the entire nation asked for vengeance, the people had lost all hopes when no action was taken in the first 10 days. After all, India had been victims of such attacks time and again and the government had failed to give its neighbours a befitting reply.
But this time, the centre had different plans. On 29th of September 2016, the Indian forces entered LOC and carried out surgical strikes for the first time ever. The attack inflicted heavy casualties on the other side. Even though the stock markets fell after the strike, the emotions of Indians rocked sky high.
10. Demonetization – One of The Top headlines of 2016 and otherwise too!
No Surprises here! Demonetization has to be the biggest headline of 2016 for ever Indian. While the entire World, including India, was taking about the US Presenditial elections and about the victory of Donald Trump, the Indian Prime Minister Narendra Modi had some other plans. As soon as the clock hit ‘8’ at the Night of 8th November, entire India had come to a standstill as the PM Modi took on to address the nation regarding one of the most historic steps India has ever seen. Demonitization is not only the biggest headline of 2016, but perhaps one of the biggest headlines ever.
This action of PM Narendra Modi led to banning of high denomination notes, (i.e. the 500 and 1000 rupee currency notes) to fight against black money, terrorism and fake notes. It will go down as one of the biggest decisions ever made by an Indian Prime Minister. Whether demonetization has been a success or not is a debatable question. However, nobody can deny that it was perhaps the biggest breaking news India has seen in the past few years or so.