Gas Prices

Reliance Industries' KG-D6 floating production storage and offloading (FPSO) vessel is seen off the Bay of Bengal in this undated handout photo. REUTERS/Reliance Industries/Handout/Files

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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Euro hits one month low versus sterling after UK contruction PMI

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Supporters of Bharatiya Janata Party (BJP) perform folk dance at a rally to celebrate party's 33rd foundation day in Ahmedabad April 6, 2013. REUTERS/Amit Dave/Files

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LONDON | Fri Nov 2, 2012 3:11pm IST

LONDON Nov 2 (Reuters) - The euro broke below 80.00 pence for the first time in a month against sterling on Friday after better-than-expected UK construction activity data.

The euro fell 0.3 percent against the sterling to a low of 79.965 pence, its lowest level since Oct 3. Euro zone exporter bids are cited at 79.80/90 pence, traders said. (Reporting by Anooja Debnath, editing by Anirban Nag)
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