Not theatrics, meaningful content to drive fortunes of film industry
According to the latest Ficci-EY media and entertainment report, footfalls in theatres (single screens and multiplexes) have fallen by 9% to 900 million in 2023 from 994 million in 2022. But, gross box-office collections (before tax) of single screens and multiplexes expanded 15.3% and 13.7%, respectively.
Sebi’s exemption to ease compliance burden for FPIs
The Securities and Exchange Board of India (Sebi) has exempted overseas funds, having more than 50% of their India equity assets under management in a single corporate group, in case the concentrated holdings of the funds are in a listed company with no identified promoter.
Bond yields likely to spike as states line up record borrowings
On Tuesday, 17 state governments will sell bonds worth ₹50,206 crore, a record for a week, and 80% higher than the ₹27,810 crore earmarked for state issuances in their indicative calendar of borrowings, Reserve Bank of India data showed.