The Wadia group, which, owns low-cost airline GoAir also drew comparison with other western economies which have provided financial assistance to their airlines for payment of salary and restructuring their operations.

The order, which set aside the August 9 ruling of a single-judge bench, prevented the group entities from publishing the voting results of the last AGM. However, the firms will now be able to execute decisions taken at the AGM last year. People in the know said the Birlas would appeal against the order in a higher court.

The IHS Markit India Services Business Activity Index stood at 5.4 in April, an extreme decline from 49.3 in March, and indicative of the most severe contraction in services output since records began in December 2005. As per the IHS Markit India Services Purchasing Managers' Index (PMI), a print above 50 means expansion, while a score below that denotes contraction.

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

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

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

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

Maintain at least 2 metre distance from each other; this will help in reducing the spread of COVID 19, says Dr Sharanya Rajan.

'If the trial succeeds, it will become the success of Ayurveda.'