The face-off between India and China in Ladakh and the plans for annexation of the West Bank by Israel have brought matters of global power dynamics to the fore. In the 1990s, after the disintegration of the Soviet Union, commentators such as Francis Fukuyama were quick in announcing the end of history and labelling ideology as unimportant and irrelevant in the conduct of global politics. The supposedly unipolar world that came into being after the Cold War, with the US acting as the global policeman and leader in all institutions, facilitated the march of capitalism on a global scale. However, events that unfolded later, for instance the 9/11 terror attacks, came to haunt the US and its allies. Non-conventional security threats challenged the established conceptions of security, war and modernity. The 2008 global financial meltdown exposed the realities of the neoliberal world order. Most institutions of lending crumbled before the inevitable logic of capitalism the cycle of boom and bust. The crisis rendered thousands unemployed and destitute. The state had to bail out some of the largest financial corporations of the world with public funds. The western world soon came to understand the importance of sharing responsibility and adjusting to the new global realities such as the economic rise of China and India. G-20 nations replaced the elite G-8 of rich countries in deciding the economic course of the world, though within a neoliberal framework. This was an arrangement to share power and skip responsibility, as it kept almost all poor countries of the world out of decision-making. The rich got to decide what is best for everyone. This established mechanism is under threat. The rise of China as the workshop of the world has turned many western powers insecure. It has led to a trade war between China and the US. Of particular relevance is the route India will take in the evolving bipolar world with the US and China constituting the two poles.