Aimed at shaping cross-border e-commerce policies and aiding MSMEs, the summit will feature discussions on consumer protection, data governance, social media's impact, and emerging payment technologies. Over 70 experts will participate.

The deal is poised to play a critical role in meeting India's rising demand for natural gas, stated by Mr. Sandeep Kumar Gupta, Chairman, and Managing director of GAIL.

While at current prices, oil companies are making some money on petrol, and diesel the most consumed fuel accounting for almost 40 per cent of all petroleum products consumed in the country, but it has been in a "touch-and-go" scenario in recent weeks.