The Satyam fiasco – Enough said, nothing done.
Continued terror attacks because of Pakistan – As above.
Petrol shortage in Hyderabad (and I believe everywhere else) – How can this be allowed? Tomorrow, maybe we’ll see the police (not that they are very useful) and the armed forces also going on strike. Now that would be an encore!

I’m not depressed though. As long as you have hope, you can tide over any thing.

“Life is filled with tragedy; if you let it overwhelm you, you cannot enjoy life’s innocent pleasures.”
– Robert Heinlein
(i’m reading his short stories nowadays)