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As the US celebrates 4th July, what significance do national days hold? India's BJP government presents its first second term budget, while the opposition Congress Party looks for a new president. Plus, we find out what kind of nasty surprises we are agreeing to every time we click the ‘Accept Cookies’ button during an internet browsing session. We discuss all this with Sushma Ramachandran, former Business Editor of The Hindu newspaper in Delhi and Ralph Silva of the Silva Research Network in Toronto.

(Image: A woman with a red, white and blue umbrella during Fourth of July festivities. Photo by Stephanie Keith/Getty Images)