Venezuela third largest supplier of crude to India in MayIndia's crude oil imports see a significant shift this May. Venezuela has become the third-largest supplier, surpassing Saudi Arabia and th...
India’s crude oil stocks drop 15% amid Iran conflict, raising supply concernsIndia's crude oil stocks have dropped 15% since late February due to declining imports amid the Iran conflict. Refiners are drawing from in...
Nexus Select Trust Q4 net operating income up 11% at Rs 440 croreNexus Select Trust reported strong quarterly growth driven by rising tenant sales, stable occupancy, and higher retail income across key co...
UAE's OPEC exit may not hit oil markets, say executivesUAE’s planned exit from OPEC is unlikely to disrupt global oil markets despite its sizable output, say industry executives, though it may d...
April oil demand slump reflects supply squeeze, not price pain: JPMorganGlobal oil demand is falling due to supply shortages, not high prices. This is a forced demand loss. Supply disruptions surged in March and...
Gulf oil output can rebound in months after Hormuz reopens, but full recovery faces risks, says Goldman SachsUS-Iran war impact: Gulf crude oil output may rebound quickly once the Strait of Hormuz reopens. Goldman Sachs research suggests a swift re...
Radisson Hotel Group and MBD Group join forces to expand luxury and lifestyle hotels in IndiaRadisson Hotel Group and MBD Group are embarking on a groundbreaking venture, set to introduce 50 stylish hotels across India in the coming...
Crude oil prices could fall into the $30s by FY27-end, says JP Morgan. Here’s whyJP Morgan predicts Brent crude could plunge into the $30s by FY27-end as non-OPEC+ supply surges sharply outpace demand. Robust offshore pr...
US oil exports to India double in Feb, Russian exports fallSanctions have reduced Russian oil exports to India by a quarter in February, with Indian refiners increasing oil imports from the US and M...
India oil consumption to rise to 7 million barrels a day by 2030: BP OutlookBP's Energy Outlook has predicted India's oil consumption will reach 7 million barrels per day and natural gas at 97 billion cubic meters b...
India's diesel demand to rise rapidly in 6 years: IEADomestic diesel demand is projected to rise from 1.8 million barrels per day (mbd) in 2023 to 2.3 mbd in 2030, an increase of 4.5% annually...
Oil PSUs buy more Russian crude despite G7 price capRussia supplied 1.57 million barrels per day (mbd) in September, up from 1.44 mbd in August, and increased its share in Indian crude import...
India’s oil demand to rise 50% by 2030 against global expansion of 7%: ReportIndia’s oil consumption is forecast to rise from 4.8 million barrels per day (mbd) in 2019 to 7.2 mbd in 2030 and 9.2 mbd in 2050, as per t...
Oil consumption in India will stop rising in five years: BPIndia’s oil demand is expected to start plateauing in 2025 after rising to 6 million barrels per day (mbd) from 5 mbd in 2018 under BP’s tw...
MBD Group forms 51:49 JV with Germany’s SteigenbergerDelhi-based MBD Group, which runs 5-star properties Radisson Hotels in Noida and Ludhiana, has entered into a joint venture with Germany’s ...
Microsoft-led group unveils Windows 8.1 tablet for school kidsMicrosoft today unveiled specially bundled tablet for private schools in partnership with computer maker Acer, MBD Group and Tata Teleservi...
Sonica Malhotra Kandhari: Meet MBD’s heiress, who is expanding the group’s hospitality businessAs heiress to one of India's largest publishing groups, MBD, Kandhari always knew the math of growth. Eleven years ago, she helped her fath...