Gas Prices
India eyes narrow political window for unpopular gas price hike
The government could this week take the unpopular measure of raising gas prices for the first time in three years as it pushes a package of reforms aimed at giving industry a boost, reviving a spluttering economy and boosting LNG imports. Full Article
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Reviving Infra
Road building revival offers rare hope for India infrastructure overhaul. Full Article
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Maruti gains on hopes of a rebound in volumes
Reuters Market Eye - Shares in Maruti Suzuki India (MRTI.NS) were up 3.6 percent, its second day of gains, on hopes of a rebound in volumes and margins from the December quarter, dealers say.
Maruti Suzuki, India's biggest carmaker, expects sales to accelerate in the months ahead helped by new launches, after it posted a fifth-straight quarterly profit decline.
Jefferies says Maruti Suzuki's volumes and margins should rebound strongly in the October-December quarter, driven by higher volumes, better diesel vehicle sales, and lower discounts on petrol cars.
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