Wholesale

Barclays Bank India CEO Pramod Kumar said he is hopeful that the government will address the adverse tax treatment that foreign banks are subjected to, when they choose to operate as a branch in India.

Mango tastes sour this summer as wholesale price sizzles at Rs 48.5 a kg, up 20.7%

India’s favorite fruit, mango, cost 37 percent more in June than last year. Overall, Indians paid more for fruits and will continue to for the next few months. WPI in fruits doubled to 10.14% in June

WPI inflation in negative for fifth month in a row at (-) 0.52% in August

The wholesale price index (WPI) based inflation rate has been in the negative since April and was (-)1.36 per cent in July. In August last year, WPI inflation was 12.48 per cent. In August last year, WPI inflation was 12.48 per cent.

Tomato omelettes and salads go missing; Puree in demand as tomato prices soar

Soaring prices force buyers to explore alternatives, hotels take tomato-heavy items off menu.

US wholesale inflation pressures eased sharply last month

From February to March, the government’s producer price index dropped 0.5% as energy prices plunged after having been unchanged from January to February.

Full throttle: Car sales continue to climb in February '23

Maruti Suzuki India Limited (MSIL) reported a 10 percent growth in its domestic PV sales to 147,467 units in February 2023, compared to 133,948 units in the same month last year.

Reliance Retail acquires Metro Cash & Carry for Rs 2,850 crore

The multi-channel B2B cash-and-carry wholesaler has a reach to over 3 million B2B customers in India and 1 million of them are frequent buyers

US wholesale inflation declines in August to still-high 8.7%

Wednesday's report from the Labor Department also showed that on a month-to-month basis, the producer price index — which measures inflation before it reaches consumers — declined 0.1% from July to August, the second straight monthly decline.

ApnaKlub raises $10 million from Tiger Global

Seller-focused startup ApnaKlub earlier raised $4 million from Sequoia India’s Surge, Blume Ventures, Whiteboard Capital and Flourish Ventures in August 2021.

Jharkhand govt to take over wholesale, retail sale of liquor

The state Cabinet on Wednesday approved four major amendments in the excise policy related to rules of wholesale and retail sale of liquor and other related cases.

From magazine vendor to running multi-million pound business: 44-year-old UK man’s story

Philip Waltham used to be a vendor for the The Big Issue magazine in London in 1997. Now he runs a clothing business worth millions of pounds.

Trader associations question denial of delayed payment benefits to retailers and wholesalers

Although retail and wholesale traders have been reinstated as MSMEs, the ministry said they cannot approach facilitation councils to settle disputes over delayed payments by their customers

Govt includes retail, wholesale trade under MSMEs

The revised guidelines will benefit 2.5 crore retail and wholesale traders. The move would also allow them to register on Udyam portal.

Government includes retail and wholesale trades as MSMEs

The government in June 2017 removed retail and wholesale traders from the MSME category

Here’s why low inflation may not be a good sign

The current deflation in food prices appears structurally different from earlier glut years. Demonetisation may have weakened farmers’ elbow room to negotiate better prices with wholesalers offering a “take or leave it” offer in mandis

RBI releases discussion paper for wholesale, long-term finance banks

The central bank has called for comments on the discussion paper by May 19.

Dec wholesale inflation marginally quickens to 3.39 percent

Demonetisation impact seen in food inflation with vegetable, fruit and poultry prices decelerating in the main trade markets and mandis following the cash crunch

Demonetisation impact: Wholesale players lose market share to super-mkts, online cos

CNBC-TV18's Priya Sheth visited many kirana stores in Mumbai and reports that most of them have lost around 20-30 percent of sales to super-markets and online players.

Demonetisation impact: Wholesale traders continue to suffer; sales slump 60-80%

After fifty days of demonetisation, things remain equally painful for the wholesale traders with sales down as much as 60-80 percent.

Prices corrected by Rs5 a bag in M'bai post cash ban:Cement body

While wholesale segment sales remain the same, retail sales have slumped by 25-30 percent post the cash ban, says Shah. But retail only accounts for 15 percent of total cement sales.

Future Consumer forms JV with UK's Booker Group

Future Group food and FMCG arm Future Consumer Ltd has formed a 50:50 joint venture with the UK's largest wholesaler, Booker Group, to expand and develop Booker India.

Retail, wholesale trade affected due to demonetisation: CAIT

Retail as well as wholesale trade has been "affected severely" due to the demonetisation of the high-value currency, traders body CAIT said today.

Fall in price of pulses to reflect in retail market soon: Govt

At present, the retail price of most pulses are still ruling high across the country even as the wholesale prices have started showing a declining trend.

Govt fixes potato MEP at $360/tonne

Wholesale potato prices in Agra, Uttar Pradesh has increased to Rs 15.25 per kg today from Rs 7 per kg in the year-ago period.

Apple now has an energy company: Report

Apple Energy LLC is seeking to sell power at wholesale prices, in part from the solar energy and hydroelectric facilities connected to places like the Apple Data Center, according to documents filed with the Federal Energy Regulatory Commission.