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India was then a part of the sterling area, and the rupee was devalued on the same day by the same percentage so that the new dollar exchange rate in 1949 became ₹4.76 — which is where it stayed till the rupee devaluation of 1966 made it ₹7.50 to the dollar and the pound moved to ₹21.
Telugu cinema is a part of Indian cinema producing films in the Telugu-language, in the states of Andhra Pradesh and Telangana and is centered in the Hyderabad neighbourhood of Film Nagar. [185] The following table lists the top 10 highest-grossing Telugu films produced in the Telugu film industry.
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]
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]
India, officially the Republic of India, [j] [20] is a country in South Asia.It is the most populous country in the world and the seventh-largest by area.Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; [k] China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the ...
The 1992 scam collapsed the Indian stock market; around 40% of the market value or ₹1,000 billion was wiped out. It led the authorities to reconsider existing financial systems and restructure it. The first structural change was to record payments made for purchasing investments in reconciled bank receipts and subsidiary general ledgers to ...
The Indian rupee rose to an 11-month high of 58.62 against the US dollar and closed at 58.79. [295] Deutsche Bank revised its December 2014 target for the Sensex to 28,000, and Macquarie revised its 12-month target for the Nifty to 8,400 from 7,200. Edelweiss set its December 2014 targets for the Sensex and Nifty at 29,000 and 9,000 ...