Retail Market

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LONDON (Reuters) - Heavy falls in European and Asian stock markets followed Wall Street's worst day since mid-2020 on Thursday, as stark warnings from some of the world's biggest retailers underscored just how hard inflation is biting.

The average price of wheat flour in retail markets stood at Rs 32.91 per kilogram on Monday, a nearly 13 per cent increase compared to the year-ago period, according to official data.

Amazon is taking a step to offset its rising costs, announcing it will add a 5% fuel and inflation surcharge to fees it charges third-party sellers who use the e-commerce giant's fulfillment services.

Raised funds by Kalyan Jewellers will be used for refinancing borrowings, payment of transaction fees, and general corporate purposes.

Markets regulator Sebi on Monday said it has extended the time period to auction the properties of Kerala Housing Finance to February 18, in the wake of the ongoing pandemic situation in Kerala. Earlier, the property was scheduled to be auctioned on February 4. In addition, the regulator has extended the last date of submission of the bids to February 15, from January 31, the Securities and Exchange Board of India (Sebi) said in a notice. "Considering the COVID-19 pandemic situation existing in the state of Kerala and for the convenience of the proposed bidders for their site visit and submission of bids, it has been decided to extend the last date of submission of the bids and date of e-auction," Sebi said. The regulator will auction properties of Kerala Housing Finance at a reserve price of Rs 1.3 crore in order to recover investors' money. The online auction will take place between 11 am and 12 noon. The properties to be put on sale are land parcels and flats situated in Kerala

Value of holdings rises to Rs 55 trillion as 30 mn new investors enter market

Retail sales in December grew by 7 per cent over the pre-pandemic levels of the same period in 2019 but the pace dropped towards the last week of the month under review due to the third COVID wave

Within banks, credit issued to the retail segment, which was up 4 per cent as of October 2021, is expected to log 12-14 per cent growth this fiscal

A move below 16,900 could result in a faster decline in the coming week, while a breach of 17,118-17,155 levels could result in better momentum on the upside

Retail sales in India in November grew by 9 per cent over the pre-pandemic levels of the same month in November 2019 signaling improvement in business albeit worries around Omicron variant

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Solid hiring, strong pay raises, and healthy savings for many households are underpinning robust spending

As demand picks up, retailers are opening 50% of their new stores on high streets

The comapany on Monday reported narrowing of net loss

Edible oil prices in the major retail markets across the country have declined, the official said

Rentals of high-street retail are inching back to pre-COVID levels in Delhi-NCR on the back of revival in business, as rents in upscale Khan Market, South Extension and Connaught Place have risen 11-17 per cent during July-September compared to the previous quarter, according to Cushman and Wakefield. "Rentals inching back to pre-COVID levels as market activity strengthens," global property consultant Cushman and Wakefield (C&W) said in its report 'Marketbeat- Delhi-NCR, Retail Q3 2021' (July-September). The Delhi-NCR market recorded improved retail activity during the September quarter, the consultant said, adding that early signs of recovery could be seen with a pick-up in retail leasing. "With rentals inching back to pre-COVID levels and accommodation on commercial terms narrowing, the only direction for retail in the coming months is upwards," said Vibhor Jain, Managing Director, North, Cushman & Wakefield. "Increased vaccination and a low caseload have certainly played an

Imagine Meats, a food venture by Bollywood couple Genelia and Riteish Deshmukh, is working on expanding its range of plant-based meats suited for Indian taste buds

International bodywear brand Sloggi has forayed into the Indian market and plans to expand its retail presence through franchise partner Solar Group.