This is the last issue of DQ Channels for 2008. And as I type this, I do so with sombre thoughts. Hailing from Mumbai, I am still to come to grips with the carnage that the city witnessed a fortnight ago. A visit to the still bustling area of Fort leaves me completely disoriented.

I fail to accept that this was the place where innocent bystanders, commuters, diners and ailing people were gunned down in cold blood for no crime of theirs. While rushing to catch a local train at CST, the bullet ridden walls remind me of how criminals can be so mindless and blood thirsty in their quest for self-created religious megalomania.

There is a lot of rage that is evident in the citizens of Mumbai, including me about what has happened. I am sure this sentiment is shared by the rest of the nation as well. One can only hope that this rage is channelized in a productive form and some much needed change is brought about in the failing bureaucratic system.

In fact, when one looks back, bomb blasts set the tone for the entire year. Be it the Jaipur blasts which left around 80 people dead or the serial bomb blasts in Bengaluru and Ahmedabad that claimed over 50 lives.

Xenophobia was at its zenith with the Maha Navnirman Sena ousting Bihar-based Indian citizens from Mumbai. There was also a lot of political instability at the center, following the Singur crisis. Prices of fuel and essential commodities shot upwards, investments within the country came downwards.

These tragedies aside, 2008 was not a year that most people would like to remember in a hurry. It was the year the US witnessed its global supremacy challenged as it came face to face with its worst nightmare after terrorism-recession. This was the worst, and in all likelihood, the longest recession that the once-superpower is facing after the Great Depression of 1937.

The Lehman Brothers closure heralded the closing of other Wall Street companies like the proverbial pack of cards. And though Indian companies felt they were insulated from its effects to a great extent, slowly its resonance could be heard in the Indian industry as well.

When Tata Motors bought Jaguar and Land Rover from Ford, the entire nation stood up with pride. But with the ongoing slowdown, questions are beginning to do the rounds whether Tata will be able to see this deal to the end.

These incidents almost shadowed India's achievements like the test firing of nuclear-capable surface-to-surface missile Agni I. Or of India setting a world record by sending 10 satellites into orbit in a single launch or of Chandrayaan entering the moon's orbit, another first for India.

But these acted as the proverbial silver lining on the dark clouds on the horizon. While a few misguided souls tried their best to break the spirit of India, there were others who were diligently working hard to keep that same spirit up.

I can only hope that the new year brings some respite from this gloomy situation. I am sure the rest of you are with me on this.

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