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GAIL to buy 5% stake in consortium building TAPI pipeline

State-owned GAIL India Ltd will take 5% stake in the international consortium building the $8.7 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline. The four nations building the pipeline had in August agreed to co-own the project and a joint venture company with participation of each country is to be set...
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Petroleum products to be out of GST for now: CEA

KOLKATA: Petrol and other petroleum products would not be brought under the GST regime for some time after its roll out, Chief Economic Advisor Arvind Subramaniam said today. “Constitutionally petrol and other petroleum products will be within the GST system. But it would be out of the GST...
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