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The Central Board of Indirect Taxes and Customs (CBIC) announced in a statement released late on Wednesday that the new rates would take effect on August 1.

Spot gold was unchanged at $2,448.38 per ounce, having reached its highest level since July 18 earlier in the day.

The government has extended the deadline for listed public sector companies to raise their minimum public shareholding

Significant interest from anchor investors has already been secured, with ₹828.78 Crore raised on the anchor bid date of July 29.

The windfall tax on export of petrol, diesel and aviation turbine fuel has since been cut to zero.

The infrastructure company is offering shares in the price range of Rs 380-401 per share, with a minimum bid of 37 equity shares and in multiples thereof.

Consolidated revenues for ENIL in Q1 FY25 were ₹113.5 crore, representing an 8.9% yearly increase.

In the previous session, there was a roughly 4% increase in the most active contracts on both benchmarks.

A PMI reading of above 50 indicates an overall increase compared to the previous month and below 50 indicates an overall decrease.

This optimism in the US markets also influenced the Indian markets, where the key benchmark Nifty 50 crossed the 25,000-point mark.