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

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

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

The timing of the tax notice comes as a setback for Infosys and other major Indian IT firms

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

An action-packed Wednesday began with the BOJ hiking Japan's interest rates to levels not seen in 15 years, prompting traders to reconsider popular carry trades

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.

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

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

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