There is a tide in the affairs of men.Which, taken at the flood, leads on to fortune;Omitted, all the voyage of their lifeIs bound in shallows and in miseries.On such a full sea are we now afloat,And we must take the current where it serves,Or lose all our ventures.
William Shakespeare, 1564–1616Julius Caesar, Act 4
The literary genius William Shakespeare perhaps did not have India on his mind when he penned those prescient words hundreds of years ago. If there was indeed such a ‘tide’ in the affairs of India, which could lead either to fortune or to miseries, this decade could well be the one that stands jury on his words.
In early 2011, two important and seemingly unrelated events were being reported in the press. First, foreign ...