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

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

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 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

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