For unexplored getaways, Bosnia and Herzegovina is the third best choice
Sairaj Iyer Bosnia and Herzegovina may not be a common tourist place but it has certainly been one underrated in the tourism avenue. The country along with Armenia and Georgia came to be discussed as one among the top new-age-destinations commonly discussed by customers for a vacation or a short-visit at the recently concluded Travel and Tourism Expo at Mumbai. Formerly referred to as Yugoslavia, the country was the centre-stage to events such as political unrest, clashes and even a war prior to 1990s. Sadly these negative things have stayed on in people’s minds, but the beautiful country with its warm and affectionate people have been forgotten. Referring to an incident, Dr. Sabit Subasic, H.E, the Ambassador of Bosnia & Herzegovina ...
Indian movie realisations may touch $3.7bn by 2020: Industry Report
The Dollar Business Bureau India’s movie industry’s gross box office realisations may touch $3.7bn by 2020, predicted Deloitte Indywood Indian Film Industry Report which was released at the Ramoji Film City, Hyderabad today. The report detailed that revenue wise the Indian film industry is growing leaps and bounds. In Dec 2015 the industry grossed $2.1 billion and is expected to grow at 11% CAGR predicted to touch a whopping $3.7 bn by 2020. The Indian film industry is the largest in the world in terms of number of films produced with around 1,500 to 2,000 films produced every year in more than 20 languages. Yet the industry’s gross realisations has been substantially low than its counterparts in other countries. “The box office realisation in ...
Hollywood enchants Indian market, RDB grosses abroad
By Pooja Jain & Sairaj Iyer Last Friday, the opening collections at the box office for many releases was very gloomy. The only film that garnered huge collections was Hollywood’s Independence Day: Resurgence. The science fiction collected whopping Rs.4.70 crore. It easily left behind Anurag Kashyap’s thriller flick Raman Raghav 2.0, which managed to collect to Rs.1.10 crore on opening day. Meanwhile, Amitabh Bachchan starrer ‘TE3N,’ which was crushed by Hollywood’s Conjuring due to same day release, earned Rs.17.79 crore, while Conjuring managed to mint Rs.53.78 crore in India. The trends have changed; Hollywood has got more to offer to the Indian market. In 2005-06, Hollywood’s share at the Box office was 5%, whereas dependency on Bollywood flicks was 85%. However, since 2015, the ...
Government must address issues of Indian companies in China
The Dollar Business Bureau An industry body has asked the government to take urgent steps to reduce non-tariff barriers and ensure level-playing field for Indian companies in China. The Confederation of Indian Industry (CII) submitted a memorandum to the government a day before Prime Minister Narendra Modi was scheduled to begin his five-day tour to China, South Korea and Mongolia. Expressing concern over various challenges faced by Indian firms in IT, pharma and media sectors, the memorandum said that though the bilateral trade rose at a compound annual growth rate (CAGR) of 15% since 2007-08, the trade deficit has been burgeoning in an unsustainable manner. “Sectors such as IT, drugs and pharma, and media and entertainment pose several challenges for ...