WHOLESALERS

As Black Friday approaches, retailers are bracing for a holiday season that will test consumer resilience amid inflation. While some retailers like Walmart have raised forecasts, others like Target are struggling. Investors are closely watching cons...

The Reserve Bank of India (RBI) has opted to maintain its key lending rate at 6.5%, marking the tenth consecutive time it has chosen not to adjust rates. This decision comes amid a backdrop of government officials advocating for rate cuts to stimula...

Retail tomato prices in India dropped 22.4% in November, falling to Rs 52.35 per kg from Rs 67.50 per kg in October due to improved supplies and favorable weather. Wholesale prices also saw a significant decrease, with Delhi's Azadpur mandi reportin...

India's wholesale price index rose to 2.36 percent in October. Food prices increased, pushing retail inflation to a 14-month high. The Reserve Bank of India held its benchmark interest rate steady. The central bank maintained its inflation forecast ...

Japan's wholesale inflation increased to 3.4% in October, driven by a weaker yen and rising import costs. The rise in prices for rice, nonferrous metals, food, and oil contributed to the overall inflation. The Bank of Japan is monitoring the situati...

Passenger vehicle wholesales saw a slight year-on-year increase in October, rising to 393,238 units, compared to 389,714 units in October 2023, according to the Society of Indian Automobile Manufacturers (SIAM). Meanwhile, total two-wheeler sales su...

Reliance Retail is temporarily closing its Centro stores across India to revamp the format. The company plans to prioritize its own brands, like Azorte and Yousta, potentially phasing out some of the 450 local and global brands currently sold.

Onion prices in India have skyrocketed to Rs 70-80 per kilogram, impacting household budgets and causing distress among consumers. Vendors attribute the price hike to inflation and sourcing costs, while consumers express concerns about the affordabi...

Auto majors Maruti Suzuki India and Hyundai witnessed muted sales in October, with inventory adjustments affecting dispatches. Despite a drop in some segments, both companies reported record-breaking monthly figures. Mahindra, Toyota, and JSW MG saw...

Amazon Wholesale, the ecommerce giant’s wholesale unit narrowed its net loss by 44% to Rs 342 crore in FY24 from Rs 616 crore the previous year, according to regulatory filings sourced from business intelligence platform Tofler.

The income tax department has set the tolerance limits for variation between arm's length price and transfer pricing at one per cent for wholesale traders and three per cent for other taxpayers for the Assessment Year 2024-25. This aims to provide c...

Congress alleges the Tata-Airbus C-295 aircraft facility was shifted from Nagpur to Vadodara under PM Modi's orders, depriving Maharashtra of key investments. They criticized the government's pattern of diverting projects like the Vedanta-Foxconn ch...

Modi Family Trust Dispute: Ruchir Modi seeks Delhi High Court's intervention to distribute Rs 620.83 crore dividends among the K.K. Modi Family Trust's branches. He alleges Bina and Charu Modi have withheld his family's share. The case will be heard...

Increasing the minimum support price for rabi crops will have a minimal effect on retail inflation. Economists estimate a slight rise in Wholesale Price Index and Consumer Price Index. Wheat, chana, mustard, and masoor weights influence this, but th...

The Congress has accused the Mahayuti government of neglecting Maharashtra’s interests, alleging diversion of key projects and investments to Gujarat, and criticized Prime Minister Narendra Modi for depriving the state of central support. They claim...

India's wholesale inflation rose to 1.84% in September from 1.31% in August, driven by changes in the Wholesale Price Index covering primary articles, fuel, and manufactured products. The RBI’s MPC retained the repo rate and adjusted inflation proje...

The Society of Indian Automobile Manufacturers reported a 1% decline in passenger vehicle wholesales in September 2023, while two-wheeler sales rose 16% YoY to 20,25,993 units and three-wheeler wholesales 7% YoY to 79,683 units.

Tata Motors announced an 11 percent drop in global wholesales, including Jaguar Land Rover, totaling 3,04,189 units in Q2 FY25. Passenger vehicles declined by 6 percent, while Jaguar Land Rover saw a 10 percent decrease. Commercial vehicle sales als...

India's wholesale inflation dropped to a four-month low of 1.31% in August, driven by lower prices in manufactured products and food items. The Wholesale Price Index had risen by 2.04% in July. Food price inflation also eased to 3.11%. Experts predi...