Sensex perks up 174 pts ahead of Fed rate decision
Mumbai: Tracking firm global peers, Indian shares rallied for a third straight session on Wednesday, helped by rise in energy stocks, as investors felt markets have already factored in a likely US interest
rate hike. Trading in green throughout the day, the benchmark BSE Sensex garnered 173.93 points to settle at over a one-week high of 25,494.37, while the broader NSE Nifty finished slightly above 7,750-mark. Sentiment also got a lift from Finance Minister Arun Jaitley’s assurance that the proposed Goods and Services Tax (GST) rate would be less than 18 per cent and on likely scrapping of 1 per cent additional tax.
UP Govt announces new international airport at Jewar in NCR
New Delhi: The Uttar Pradesh Government on Wednesday said it will establish a new international airport in the NCR region at Jewar near Greater Noida. Announcing the State Government decision, Uttar Pradesh Food and Civil Supplies Minister Kamal Akhtar said, “The Uttar Pradesh government will establish a new international airport at Jewar. And the construction will commence as soon as we get all required approvals and clearances from the Centre.”
Akshay Kumar to be Brand Ambassador of Kwality ltd
New Delhi: Kwality limited, India’s leading and fastest-growing private dairy company, on Wednesday announced Akshay Kumar as the Brand Ambassador for the company and its entire range of dairy products. The Bollywood superstar comes on board for a period of two years and will endorse all the products under the brand name of “Kwality”. The decision to take Akshay on board as the brand ambassador was done after much deliberation. Kwality has been synonymous with health and nutrition. All its product range has been specially created keeping in mind the health of consumers.