Developing the capital market
The BSE's long legal battle with the SEBI over the payment of turnover-based registration fees has highlighted some interesting issues relating to capital market development.

Will the budget push growth and reform?
As a facilitator of economic growth, government has had a rather tardy record in recent times. Compression of discretionary expenditure in the first half-decade of reform was used to tackle the fiscal deficit.

People's criminals
In responsible democracies, when the head of state speaks, governments tend to take note. In India, the response is often a shrug of the shoulders or, even worse, a preposterous counter-suggestion.