Nepal, China to sign deal for three oil storage depots

Nepal, China to sign deal for three oil storage depots

An agreement on building oil storage depots at three locations in Nepal with Chinese assistance is expected to be signed during Nepali Prime Minister KP Oli’s visit to China next week, officials at the Ministry of Industry, Commerce and Supplies said.

Higher oil,GST may boost states revenue by Rs 37,400cr in Fy19

Higher oil,GST may boost states revenue by Rs 37,400cr in Fy19

States are likely to gain an additional Rs 37,426 crore in revenue in the current fiscal on the back of surge in oil prices and better tax collection due to the GST, says a report. According to SBI Research, the impact of GST on tax revenue is minimal except in a few states.

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