Better late than never
Corruption in the customs department is not news to most of us who travel in and out of India or are engaged in import and export trade. Mercifully even the finance minister and the agencies of gov responsible for punishing the corrupt have finally woken up and nailed a few key officials.

Work be damned
Cricket enthusiasts smile broadly at their good fortune. Commuters dreading venturing out onto chaotic Delhi roads courtesy the disarray public transport finds itself in heave a sigh of relief.

Corruption is custom
It is unnerving enough that for the first time in the nation's history, its top customs official has been raided, and then arrested by the CBI in a corruption case.

Don't shoot the regulators
Financial regulation and supervision of the banking system and the securities market are exacting tasks. The regulators' performance is questioned each time there is an accident.

Petronet's subsidiary dilemma
Last fortnight has seen significant changes in India's refining sector with Bharat Petroleum Corporation having bought out the government's stake in Kochi Refineries and Indian Oil following suit with Chennai Petroleum Corpn and Bongaigaon Refinery and Petrochemicals.