Even after filling up reserves, govt would have secured only nine days of emergency supplies.As lockdown has crimped demand for fuel products, it has saddled refineries with unsold stocks

Indians are using this down time to connect with their friends and family.As film theatres shut down and eating out becomes a non-option due to social distancing requirements, people are turning to video-on-demand services

TV viewership grew 40% in the fifth week of disruption when compared to the pre-covid period.News consumption on TV has grown by 251% and 177% in Mumbai and Delhi respectively

Inventory losses would be more for refineries located away from the coast because they have to stock crude oil for longer periods.Besides inventory losses, operating performance of refiners is expected to remain weak in the first quarter of fiscal 2021 due to lower volumes and weak GRMs

Paytm and Vodafone Idea partner to power prepaid mobile phone recharges.COAI asks states to issue requisite instructions to enable 'mobile recharging retailers' to open their outlets for offering telecom services to the public

Public sector bank branches face an uphill task with low demand for credit.Senior management is pressuring branch managers without understanding field-level constraints

CAIT apprises the government of the difficulties being faced by traders on ground.The reopening of shops is subject to the area being neither a hotspot nor a containment zone

The cut-off yields on the sale of near-term paper were, however, lower than prevailing market yields.According to the auction results, the cut-off yields on the securities bought by RBI was higher than secondary market figures

The film exhibition sector is dealing with zero revenue and the biggest loss ever to their business.The big worry for exhibitors is that viewers, especially families, will fear stepping out into large crowds even after theatres reopen

An internal assessment of its portfolio by HDFC Bank has revealed that its NPAs may rise by 50 bps.IndusInd Bank has found that its asset quality could deteriorate by a maximum of 80 bps due to the covid-19 crisis

A resumption in production by Maruti and Hyundai is critical for India’s automotive industry as they together control nearly 70% of the domestic passenger vehicle market.Maruti and Hyundai would follow MG Motor India Ltd, which recently reopened its factory in Gujarat

There are concerns about the group’s ability to pay, especially as stores are functioning amid tight restrictions.The pandemic has caused long-term store closures across the group’s apparel, fashion, and other high-margin verticals

Netflix’s Extraction starring Chris Hemsworth may not have extracted the best reviews but is no less than any Hollywood big-screen spectacle with its Hindi, Tamil and Telugu versions.Amazon Prime Video had released Oscar-winning south Korean black comedy Parasite dubbed in Hindi and also has an entire catalogue of films that it has localized itself for Indian audiences

Most medicine factories are running at 50% of capacity or less because of the lack of manpower and also because local authorities are not giving permission for the units to function.Industry officials believe the situation could deteriorate for the industry if the nationwide lockdown continues

Nielsen says in the first quarter of 2020, share of modern trade stores in metro cities rises to 24.7% from 22.3% a year ago

Retail loan growth is likely to be subdued because of the recent spate of job losses and a sense of uncertainty.Some banks are already seeing higher growth in their corporate book, as compared to their retail loan book

Retailers may go the the extra mile, devising ways to woo customers back while complying with norms on hygiene and social distancing.Besides reaching out to their customers online and apprising them of the safety measures taken, retailers are betting on the word of mouth publicity to bring shoppers back

Work-from-home jobs doubled in the third week of April versus the first week of March, said a market analyst.The new normal of WFH has also led to a need for reskilling especially in digital skills, according to staffing firms

A senior DGCA official said that the watchdog will take a decision on extending the deadline after the nationwide lockdown is lifted.IndiGo has 106 PW-powered A320neo planes in its fleet, while GoAir has 43

Digital lenders are seeking guidelines for full digitization and allowing eKYC and eSign mandates.eKYC was suspended for NBFCs as the SC had ruled that private firms cannot force anyone to share Aadhaar data for KYC authentication

Companies have launched tele-services and even dedicated apps that let shopkeepers place orders.The companies say this will help ensure supplies do not run out at a time when distributors and wholesalers have been immobile because of lockdown

Punjab National Bank also requests RBI to permit one-time restructuring of loans till March 31, 2021 on a case to case basis

The telecom operator had excess input tax credits but could not use them to adjust its final tax liability.The HC allows Bharti Airtel to rectify its returns for the September quarter of 2017

At the moment, there is no clear policy that governs home delivery of alcohol as it is a state subject.Home delivery of liquor is a key step in easing overcrowding and ensuring social distancing during the pandemic, say experts