Don't miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. Indian shares retreated on Tuesday, extending losses for the fourth straight session amid a selloff in global equities with investors panicking that the fallout from the collapse of two American banks may have a ripple effect on the world economy. For the first time in 18 months, consumer goods companies are ramping up production -- anticipating a pick-up in demand -- particularly for'summer products' due to higher-than-usual temperatures. Domestic startups must "trust the Indian banking system more," according to top lawmaker Rajeev Chandrasekhar, who also assured them of the Centre's support to "navigate" the fallout from the abrupt collapse of US lender Silicon Valley Bank (SVB).