This Lecture brought out continuity and change in the overarching times, where disequilibrium became the new equilibrium in the new normal. The worst is clearly behind us post the COVID-19 pandemic & India is on a high growth path. However, heightened geopolitical dynamics in the wake of the Russia-Ukraine war, the high fuel prices, high logistics & interest costs, volatile capital flows & exchange rate volatility & scramble for safe haven & the attendant correction in asset prices cause concern.