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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Indian shares gain for a second day; tech shares lead

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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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MUMBAI | Wed Dec 19, 2012 3:34pm IST

MUMBAI Dec 19 (Reuters) - Indian shares rose for a second consecutive session on Wednesday led by IT stocks such as Tata Consultancy Services after recent losses were seen as overdone and on hopes a resolution to the "U.S. cliff" standoff would improve the outlook for a key export market.

Tata Consultancy Services provisionally rose 1.8 percent, while Infosys ended up 1.2 percent.

The BSE index provisionally gained 0.48 percent, while the 50-share NSE index ended up 0.5 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
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