At SBI’s conclave in Mumbai, he flagged three big headwinds: uneasy India-US trade ties, soaring energy prices, and our lack of a serious AI game. The US just gave Trump power to slap 100% tariffs on nations buying Russian energy; and India’s caught in the middle. Even with an interim trade deal, no one’s sure what’s next. Nageswaran says we’re being pushed to pick sides; but as a giant non-aligned nation, we can’t. That independence? It’s expensive. Add to that our lag in AI-driven job creation and manufacturing push, and you see why he’s urging a reset. This isn’t doom-mongering; it’s a wake-up call for policy, youth skilling, and strategic investments. The world’s changing fast. Are we ready?