Wednesday 13 June, a hot Delhi afternoon. The day began desultorily enough with the morning news full of doom and gloom about the economy. Azim Premji had just said we are a country without a leader. Narayana Murthy had just lamented that India’s image had suffered badly. Corporate leaders had said this is the end of the India story, the end of reforms, the beginning of decline and the long hurtle towards a 1991-type crisis.