By Swati Bhat MUMBAI (Reuters) – The rupee gained for a second consecutive session on Monday after the ruling party’s success in two state elections and the government’s removal of diesel subsidies and a hike in natural gas prices sparked hopes for additional reforms. The government lifted diesel price controls and raised the cost of natural gas on Saturday, giving market forces greater sway as it seeks to attract energy investment, boost competition and cut subsidy costs. …
Source: https://in.news.yahoo.com/rupee-higher-diesel-deregulation-election-results-041602782–finance.html