Govt invites bids to unlock oil, gas worth Rs 1L cr

The government has made the second round more attractive for investors by pruning the royalty rate from 10% to 7.5% for offshore discoveries, while retaining other measures taken to simplify policy with a view to making it easier for explorers to do business by reducing government overhang.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Mheo72

Newer Post Older Post