SoftBank has previously set a PayPay listing as a goal, with one executive saying in November it was worth just under 1 trillion yen ($7.17 billion).
Rising for the fifth consecutive day, the 30-share BSE Sensex jumped 371.95 points or 0.52 per cent to settle at an all-time closing high of 72,410.38.
“Though food inflation in July is perhaps the third highest since the new CPI series began in 2014, only 48 per cent of food items have inflation of above 6 per cent, and this includes 14 food items with inflation in double digits,” it said.
The move comes at a time when the wheat and atta prices have risen in recent months and the grain stock in the central pool has depleted.
Last quarter’s robust growth may prove to be a high-water mark for the economy before a steady slowdown begins in the current October-December quarter and extends into 2024.
Large projects like KG-DWN-98/2 are critical to the country’s objective of reducing its reliance on oil and gas imports to meet its rapidly growing energy needs.
The Russian rouble weakened past the symbolic threshold of 100 to the dollar before recovering slightly in early trade on Tuesday, weighed down by foreign currency outflows and the country’s shrinking current account surplus.
BMW India also reported an over 50 per cent jump in sales of its premium motorcycles under the BMW Motorrad brand at 4,667 units in January-June period this year.
The opening price for 999 purity gold was Rs 60,603 per 10 grams, Rs 63 higher from Wednesday’s closing price of Rs 60, 540, while that of 999 purity silver was Rs 70,228 per kg, Rs 19 higher than closing price of Rs 70,209, the data available on India Bullion and Jewellers Association’s (IBJA) website showed.
As per the deal, Vijay Shekhar Sharma will purchase 10.3 per cent shareholding in Paytm from Antfin through his 100 per cent owned overseas entity Resilient Asset Management BV.