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Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates. Data from 1971 to 1972–73 for the Deutsche Mark and the Japanese Yen are cross rates with the US Dollar. The Euro replaced the Deutsche Mark w.e.f. January 1, 1999.
It comprises the Indian Army, the Indian Navy, the Indian Air Force, and the Indian Coast Guard. [288] The official Indian defence budget for 2011 was US$36.03 billion, or 1.83% of GDP. [ 289 ] Defence expenditure was pegged at US$70.12 billion for fiscal year 2022–23 and, increased 9.8% than previous fiscal year.
The NIFTY 50 index covers 13 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. As of July 2024, NIFTY 50 gives a weightage of 32.76% to financial services including banking , 13.76% to information technology , 12.12% to oil and gas , 8.46% to consumer goods , and 8.22% to automotive .
Since 2003, there are markets in over 90 countries where films from India are screened. [3] During the first decade of the 21st century, there was a steady rise in the ticket price, a tripling in the number of theatres and an increase in the number of prints of a film being released, which led to a large increase in the box office collections. [4]
Overseas Citizenship of India (OCI) is given to People of Indian Origin and to persons who are not People of Indian Origin but married to Indian citizen or People of Indian Origin. Persons with OCI status are known as Overseas Citizens of India (OCIs). [28] The OCI status is a permanent visa for visiting India with a foreign passport.
The first Indian film to have a worldwide release was from 1952 (Aan, directed by Mehboob Khan). In the 1950s, Indian films saw success in a handful of regions. At the time, the most significant market for Indian films was the Soviet Union, gaining considerable success and occasionally leading to Indian-Soviet co-productions. [1]
While Indian films remain at the top of the domestic Indian box office, the market for Hollywood films has gradually been growing; [8] the market share of foreign films rose from 8% in 2014 up to 15% in 2015, [9] with Hollywood films representing 10% of the Indian market in 2016 [10] and 13% in 2017. [11]
Punjab ranked first in GDP per capita amongst Indian states in 1981 and fourth in 2001, but has experienced slower growth than the rest of India in recent years, having the second-slowest GDP per capita growth rate of all Indian states and union territories (UTs) between 2000 and 2010, behind only Manipur. Between 1992 and 2014, Punjab's life ...