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
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MARKET EYE-India shares flat; Tata Motors gains
* The BSE index up 0.03 percent and the NSE index is flat. * Asian shares steadied in quiet pre-holiday trade on Monday from a slump late last week, with prices capped by nervousness about the risk of the United States failing to avert a fiscal crisis. * Tata Motors Ltd gains 3 percent, extending a rally fuelled by hopes of improved sales at its key unit Jaguar Land Rover and optimism about its planned investment into passenger vehicles. * Technology shares gain on short-covering as the recent underperformance is seen overdone: Infosys Ltd advances 1 percent while Tata Consultancy Services Ltd rises 0.5 percent. (manoj.dharra@thomsonreuters.com)
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