No Gas! Inclusion In GST To Light Up Producer, Distributor Stocks

No Gas! Inclusion In GST To Light Up Producer, Distributor Stocks

ET Intelligence Group: The likelihood of including natural gas under the Goods and Services Tax (GST) gamut augurs well for the gas producing and distributing companies since it will result in lower prices of the fuel thereby making it more competitive with respect to other fuels. Dharmendra Pradhan, Minister of Petroleum and Natural Gas (MoPNG), recently made a strong case for the inclusion of natural gas in the GST regime stating that it is a cleaner fuel than coal, which is already under GST.

PM Narendra Modi calls for big leap on road to development

PM Narendra Modi calls for big leap on road to development

Prime Minister Narendra Modi called on central ministers and the Bharatiya Janata Party national executive to take a big leap forward in delivering on the promises of the government and party as the pace of achievements in the last three years needed to pick up although his administration had performed better than previous regimes

Essar, Adani and JSW to build LNG terminals at ports

Essar, Adani and JSW to build LNG terminals at ports

Conglomerates in India now have a Rs 17,000-crore investment theme built around an industrial fuel: liquefied natural gas (LNG). The Essar, Adani and JSW Groups, among others, are setting up LNG terminals along India’s eastern and western water margins as natural extensions to the port infrastructure, reflecting the increasing demand for the gas as an […]