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

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

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

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

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

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

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

Currently estimated at 574 million, the number of monthly active internet users has grown 24% over that of 2019, indicating an overall penetration of 41% last year

In a televised address to the nation, Singapore Prime Minister Lee said the government was committed to do its "utmost" to keep the deadly virus at bay.

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Mandar Jog shares a list of things he learned during the lockdown.

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'I have been cooking meals that I've never cooked before!' the pop star shared.

Shiva Kumar, 49 from Bangalore shares some tips to maintain hygiene.

Koushik Debnath from Agartala tells us how he spent the last few days in the lockdown.

'The game which I loved the most, it was taken away.'

'This prime minister thinks he knows everything.'

'Unless we make our own testing kits, we will not get out of this disease faster.'

'Does it mean that till the COVID-19 fight is over, the governor should be non-functional, in sleep mode, and fiddling in the Raj Bhavan while the state is burning?'

'In Mumbai the mortality rate was reaching a percentage of almost 8 plus in about April.'