GAIL offers to assume Konkan LNG’s debt in exchange for stake  LivemintState-run gas utility GAIL (India) Ltd has proposed to assume the debt of about ₹4,000 crore of Konkan LNG Pvt. Ltd in lieu of receiving the lenders' stake in the ... Read mor …

Economic TimesMarket Movers: Rupee breaches 69; oil politics cools prices, monsoon relief and moreEconomic TimesOil prices stepped back from the three-and-a-half-year highs on Thursday over concerns that U.S. sanctions could sharply cut crude exports from …