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After tricolour doormats, Amazon forced to stop selling Mahatma Gandhi flip-flops

After tricolour doormats, Amazon forced to stop selling Mahatma Gandhi flip-flops

New Delhi: Global e-tailing giant Amazon was forced to stop the sale of flip-flops with Mahatma Gandhi’s image after the Indian government expressed demanded that Indian sensitivities and sentiments be respected.

Ministry of External Affairs (MEA) Spokesperson Vikas Swarup said, “Our Ambassador in Washington had been instructed to convey to Amazon that while providing a platform for third-party vendors, they should respect Indian sensitivities and sentiments. We have been in touch with Amazon both in Washington as well as in Delhi and we have had constructive conversations.”
“I am happy to report that the offending item has since been pulled by Amazon and we hope that our engagement will continue to be fruitful.”

Last week, External Affairs Minister Sushma Swaraj had received a similar complaint that the Canadian portal of Amazon was selling doormats depicting Indian flag.
Swaraj had reacted sharply to the incident and demanded that the doormats be withdrawn. She had also threatened to revoke the visas of all Amazon officials working in India as well as not grant any visa in the future.

Amazon responded by conveying its regret to India over a “third-party seller” in Canada offending Indian sentiments, adding that it has already pulled out the item from its website.

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Highlights: India vs England 2nd ODI, cricket scores and updates: Hosts clinch series with 15-run win

Highlights: India vs England 2nd ODI, cricket scores and updates: Hosts clinch series with 15-run win
: After guiding India to a thrilling three-wicket win against England in his maiden One-day International (ODI) as full-time skipper, Virat Kohli will be aiming to clinch the three-match series by grabbing the second ODI too.

Kohli and wicketkeeper-batsman Kedar Jadhav smashed brilliant centuries to forge a 200-run fifth-wicket stand and helped the hosts chase down the stiff 351-run target with 11 balls to spare in the first match in Pune on Sunday.
Going by the last Ranji Trophy match between Haryana and Jammu and Kashmir on the same strip at the Barabati Stadium, where Haryana scored 502 in their first innings, the India-England tie promises to be another run-feast.
The toss could also be a crucial factor in deciding the outcome of the match, given the dew factor at this time of the year and both the captains will be looking to bat second.
Though India got over the line in the first ODI despite 63 for 4 at one stage, thanks to Kohli and Jadhav’s heroics, the men-in-blue will be hoping to get a good start from their opening duo of Shikhar Dhawan and Lokesh Rahul.
Comeback man Yuvraj Singh and former skipper Mahendra Singh Dhoni will also need to step up and give Kohli company in the middle order while Jadhav and all-rounder Hardik Pandya are already in good nick.

In the bowling department, India will be hoping for an improved performance from premier off-spinner Ravichandran Ashwin, who went wicketless and leaked 63 runs from his 8 overs in the match.

Pacers Umesh Yadav, Jasprit Bumrah and Pandya have done a decent job while left-arm spinner Ravindra Jadeja was also amongst the wicket-takers in the first game.

On the other hand, all the English batsman managed to get starts in the first game, with opener Jason Roy (73), Joe Root (78) and Ben Stokes (62) getting to their respective half centuries.
Barring Root, who consumed 95 deliveries, all the others scored at run-a-ball or took lesser deliveries for their scores and the No.3 batsman will now need to live up to the intensity of the format.

Their bowling department has once again been at the receiving end of Kohli’s batting prowess, and as pacer Jake Ball suggested, England will be aiming to pitch more short stuff to the Indian captain.

While England bowlers will be targetting at getting the back of Kohli, dark horses like Jadhav still can take the game away from their grasp if they continue to focus on individuals and not the top six Indian batsmen.
After Cuttack, both the teams will be heading to Kolkata for the final ODI, which will be played at the Eden Gardens on January 22.


India: Virat Kohli (Captain), Mahendra Singh Dhoni (wk), Shikhar Dhawan, Yuvraj Singh, Kedar Jadhav, Manish Pandey, Ajinkya Rahane, Hardik Pandya, Amit Mishra, Bhuvneshwar Kumar, Ravindra Jadeja, Ravichandran Ashwin, Jasprit Bumrah, Lokesh Rahul, Umesh Yadav.
England: Eoin Morgan (Captain), Moeen Ali, Jonny Bairstow, Jake Ball, Sam Billings, Jos Buttler (wk), Liam Dawson, Alex Hales, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, David Willey, Chris Woakes.

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RBI replaces 60% of banned currency: Rs 9.2 lakh cr remonetised till date

RBI replaces 60% of banned currency: Rs 9.2 lakh cr remonetised till date

The Reserve Bank of India (RBI) has infused around 60 per cent of the total banned currency notes after demonetisation.
The RBI Governor Urjit Patel told a parliamentary standing committee on finance on Wednesday that the central bank had infused new currency notes worth around Rs 9.2 lakh crore into the system. Currency notes estimated around Rs 15.4 lakh crore were withdrawn when the Centre announced demonetisation on November 8, 2016. Most members in the finance committee, including former Prime Minister Manmohan Singh and panel chairman M Veerappa Moily, spoke in favour of protecting the autonomy of the RBI as an institution but said that accountability from its governor must be sought as the note ban had impacted a large of number of people.

Though the members found Patel’s explanation lucid, they were miffed that he did not answer queries like how much money had been deposited in banks after demonetisation or by when the cash supply situation would ease across the country. “Patel came across as a professional in his brief… but we had a lot of issues to raise,” said an Opposition member.
The finance committee meeting was significant as key finance ministry officials, including Economic Affairs Secretary Shaktikanta Das, Revenue Secretary Hasmukh Adhia briefed the panel.

Financial Services Secretary Anjuly Chib Duggal also briefed the panel on monetary policy, including the note ban.
Representatives of the Indian Banks’ Association also briefed the panel.

As members sought to know if the government forced the RBI to suggest the note ban, both Das and Patel replied that the government had been discussing the issue with the central bank since early 2016.
However, while Das said such consultations started in May, Patel said discussions were initiated in January.
When a member asked why a joint secretary of the finance ministry had been deployed at the RBI to monitor the currency situation after demonetisation, Patel had no reply.

Sources said both the briefings were inconclusive and would resume after the first half of the Budget session of Parliament ended on February 9.
According to sources, the Opposition members asked a lot of questions related to the suffering of the people, the economy, job losses and the over 100 deaths attributed to the note ban.
In response to queries related to the preparedness of the banking system to deal with the impact of the note ban, RBI Deputy Governor S S Mundra said all the automated teller machines (around 200,000) were functional now.

Congress member Digvijaya Singh wanted a timeline on lifting of cash withdrawal limits.
“Patel could not answer how much money had come back into the system and by when banks’ operations would be normal. RBI officials were defensive on demonetisation,” another Opposition lawmaker said.

Manmohan Singh lends a helping hand to Patel
Former Prime Minister Mamnohan Singh came to the Reserve Bank of India (RBI) Governor Urjit Patel’s help when he faced a tricky query from a member of the standing committee on finance. When a member asked Patel if there would be chaos if the existing restrictions on cash withdrawals are removed, Singh told Patel, “You should not reply to that query”. Singh, who served as the RBI Governor before his terms as finance and Prime Minister, also noted that the autonomy of the RBI as an institution must be protected, sources in the committee said. In November, Singh had criticised the government on demonetisation, terming it as “organised loot and legalised plunder” of the country.

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Two Months After Demonetisation, Nepal Still Awaits Help From India

Two Months After Demonetisation, Nepal Still Awaits Help From India

New Delhi: Nepal’s Foreign Minister Prakash Sharan Mahat on Tuesday said that Nepalese people have been suffering ever since demonetisation was announced.
Speaking to CNN-News18 Mahat said, “Of course people in Nepal are feeling the pinch. They are holding legally earned Indian currency which they cannot use for businesses or anything else and they would like to get it exchanged”.
Indian currency is widely accepted in Nepal and post-demonetisation Nepali citizens have been left in the lurch with old 500 and 1000 rupee notes which are no longer legal tender. In addition to that, India and Nepal share a porous border as a result of which many Nepalese residents regularly travel to India for medical care, education and business.

Mahat confirmed that he had taken up the matter with Finance Minister Arun Jaitley whom he met on Tuesday. When asked whether this had become a point of discord between the two neighbors he said, “It is not a point of discord but we want the problem to be resolved at the earliest otherwise people will not be able to use their money”.
Nepal wants the Reserve Bank of India to exchange the entire demonetised currency held by Nepal’s Central Bank. In his meetings Mahat is believed to have told the Indian government that Nepal’s Central Bank can ask people to deposit old notes and once that is done the RBI can exchange the total demonetised currency held with it. The new notes can then be distributed among depositors.
Mahat also said that it was sad that the SAARC summit has been held up because of tension between India and Pakistan. He said, “We hope relations between India and Nepal will normalize soon so that SAARC can happen. We don’t want the process to die”.
Nepal is the chair for SAARC and following the Uri attacks India and several other member states had written to it expressing their inability to attend this year’s SAARC summit which was supposed to be held in Islamabad.

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Demonetisation: RBI raises daily ATM cash withdrawal limit to Rs 10,000

The RESERVE Bank of India on Monday more than doubled the daily withdrawal limit from automated teller machines (ATMs) to Rs 10,000 but retained the weekly ceiling at Rs 24,000 with the supply of more five hundred notes.
However, with demonetisation exercise reportedly hitting close to 70 per cent of businesses in manufacturing hubs, including Mumbai and Pune, the RBI has increased the limit on withdrawal from current accounts from the existing limit of Rs 50,000 per week to Rs 1,00,000 per week. This hike will be applicable to overdraft and cash credit accounts, the RBI said.“The limit on withdrawals from ATMs has been enhanced from the current limit of Rs 4,500 to Rs 10,000 per day per card. It will be operative within the existing overall weekly limit of Rs 24,000,” the RBI said in a notification.However, banking sources said they have told the government to reduce the number of free ATM withdrawals enjoyed by bank customers. As of now, many banks allow their customers up to five free ATM transactions every month after which the customer has to pay a fee of Rs 20 per transaction and service tax. For non-customers, banks offer three free transactions in six metros — Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad — and five free transactions in the remaining cities.
The State Bank of India had suggested that the government should take measures to disincentivise cash transactions.After the demonetisation period ended on December 30, the RBI had raised the daily limit of withdrawal from ATMs from Rs 2,500 to Rs 4,500 per day for each debit card.
Currency supply to the banking system will be closer to normal by February-end as opposed to predictions of the currency swap exercise-linked crisis lasting longer, according to SBI officials. Bankers had said they were in favour of retaining the restrictions on cash withdrawals till there is adequate supply of notes.
SBI had said that as on December-end only 44 per cent of the banned currency was been replaced as against the earlier estimate of 53 per cent. One possible reason for this could be that RBI is also printing notes of smaller denominations apart from Rs 500 bills and hence the total value getting replaced is lower than projections, though the number of pieces may not, according to an SBI Research report.
“If we assume that the RBI continues to print as it is doing as of now, then by January-end, only about 67 per cent of the currency should get replaced (vis-à-vis earlier estimate at 75 per cent).” By February, at this rate, the RBI could thus print as much as 89 per cent of the total currency, it said. It, however, said if the apex bank decides to shift its printing more towards smaller denomination, this number could be close to 80 per cent.
The RBI had slapped curbs on cash withdrawals and set a daily withdrawal limit of Rs 2,500 from the ATMs and Rs 24,000 from bank accounts per day from November 10. As on November 8, the day the government announced the withdrawal of high value notes, there were 1,716.50 crore pieces of Rs 500 and 685.80 crore Rs 1,000 notes in circulation. The notes withdrawn from the system accounted for 86 per cent of the cash in circulation.The government had allowed people to deposit of exchange these notes at bank and RBI branches till December 30.
The facility of exchange of old notes was stopped at the bank counters on November 24. In order to prevent people from using others’ bank accounts to convert their black money, the Lok Sabha has passed amendments to the Income Tax Act enabling the government to impose a higher penalty and tax rate on assessees of unexplained deposits, totalling up to 85 per cent.

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Gandhi flip flops sold on Amazon cause anger in India

Gandhi flip flops sold on Amazon cause anger in India

Flip flops depicting Mahatma Gandhi have been removed from sale on Amazon after they caused anger in India.
The row comes days after the online retailer apologised for selling doormats featuring the Indian flag.
Gandhi, who campaigned for independence from Britain, is widely revered and known as the Father of the Nation.
The Indian embassy in Washington had been told to tell Amazon US to respect Indian feelings, a foreign ministry spokesman was quoted as saying.
“As a follow up to the matter regarding the sale of doormats with the Indian flag on Amazon, our Ambassador in Washington has been instructed to convey to Amazon that while providing a platform for third party vendors, they should respect Indian sensitivities and sentiments,” Vikas Swarup said, NDTV reported.
The Indian government’s Secretary of Economic Affairs Shaktikanta Das was among those to express anger on social media, telling Amazon its “indifference to Indian symbols” would be “at your own peril”.
He later said that he had been writing as a citizen, was not threatening government action against the company and remained committed to free trade.
The row follows fury over the sale of Indian flag-themed doormats.
Foreign Minister Sushma Swaraj took to Twitter to demand that Amazon “apologise unconditionally” or its officials would not be given visas.
Amazon India vice-president Amit Agarwal wrote to Ms Swaraj saying the doormats had been offered by a third-party seller on its Canadian website and there had been no intent to offend.
Mr Agarwal said in a statement that the firm was “committed to respecting Indian laws and customs”.
Desecration of the flag is punishable with fines and imprisonment in India.
Last June Amazon found itself in a similar controversy over sales of doormats illustrating Hindu gods.
Amazon has not commented on the latest controversy over the flip flops but the product had been removed from its US site on Sunday.
Amazon is locked in a fierce battle with Flipkart, India’s biggest online retailer, over market share.

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Unharmed by demonetisation, real estate sector to bounce back in 2017

Unharmed by demonetisation, real estate sector to bounce back in 2017
After demonetisation, the fillip given to the affordable housing sector, coupled with remonetisation which is again bringing cash, as well as the hope of lower interest rates, would all help the sector see returns.

According to experts, there is a high possibility of prices softening in sub-markets or precincts away from city centres and which have seen a lot of housing supply in recent years. For example, in the Mumbai metropolitan region, precincts such as Vasai-Virar, Palghar, Kalyan-Dombivli, Shilphata and upcoming locations around Panvel have a lot of supply.

“Tier-II and III cities, especially those driven by business communities, such as Jaipur, Surat, Indore, etc, will see a higher impact of demonetisation and easing in land prices in the medium to long term. Certain projects in Kolkata’s northern sub-market might witness price reduction in the next three-four quarters. Vacant land in the north of Kolkata would see easing of prices in the next one year,” said JLL India recently.

Though rating company Fitch has said property developers’ sales would come down by 20-30% in 2017, and their leverage positions go up, many believe home sales are bouncing back. These were at a near-standstill in November as as people stood in queues to deposit old notes and withdraw money. The secondary property market and luxury home market were hit hardest, as the cash component was high in these segments.

“Our enquiries with brokers revealed they are getting enquiries and some deals have happened. So, things are picking up,” said Abhishek Tiwari, founder, CRE Matrix, a real estate analytics platform.

Knight Frank India in its July-December report, said the housing market in the top eight cities started on a positive note in 2016, with the first half seeing a 7% jump in volumes from the same period a year before.
Demonetisation upset that trend. “(It) pulled down the last quarter (Oct-Dec) sales across cities. The fall in Q4 was intense and the second half of 2016 ended below H2 of 2015. 2016 ends with launches and sales being the lowest since global financial crisis. Uncertainty is likely to continue in the next quarter. It will be important to see how developers recalibrate their businesses to the changing environment and whether buyerscapitalise the opportunity of various reforms and change their status quo position of ‘wait and watch’. In 2017,(there will be) a lower home loan interest rate, Rera (the new segment regulator) & GST (the coming goods and services tax), likely fiscal benefits for taxpayers in the Union Budget, and enforcement of the Benami Transactions (Prohibition) Amendment,” said Shishir Baijal, chairman, Knight Frank India.
Developers were fighting a prolonged slowing in sales for the past couple of years and home prices are stable. “With rates going down and the government announcing sops for budget housing, I feel sales will pick up,” said Amit Bhagat, chief executive officer at ASK Property Investment Advisors.

Many expect home loan rates of 8% soon, as banks are flush with funds. Samantak Das, chief economist at Knight Frank, said home sales would be under pressure in the March quarter. “Everything depends on the Union Budget, banks cutting rates and so on,” he said.

Office market

CBRE India, the property consultancy, announced on Wednesday the findings of its latest India Office MarketView Report. This says the India office market saw an all-time high annual absorption of a little over 43 million sq ft in 2016, growth of 9% year-on-year. Supply addition in the year touched 35 mn sq ft, with office stock going over 500 mn sq ft by the calendar year’s final quarter, higher than in several East Asian economies.
“The commercial real estate market has been performing well for two years. This is evident in the record absorption level in 2016. India continues to show positive movement, despite global uncertainties. Policy initiatives undertaken by the government in the recent past are expected to bring transparency into the sector, a much-needed step to enhancing consumer and investor confidence,” said Anshuman Magazine, chairman for India & Southeast Asia at CBRE.

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Demonetisation: Strong foundation laid for real estate but price correction could be limited

Demonetisation: Strong foundation laid for real estate but price correction could be limited

With stress on liquidity and no cash to pay for basic utilities, the initial effect of demonetisation drive has been a knee-jerk reaction to a wait-and-watch policy mode.

More than a month has passed for the demonetisation exercise, and yet, it’s ongoing process continues to disorient the society which has been quite disconcerting. It’s full impact can only come to light with time; probably it will be visible in the coming quarter. As of now, it is expected that this move will clean out black money from real estate and bring price correction across all the segment, eventually making property-availability accessible to common man.

Real estate had been witnessing a slowdown for the past three years, but the slowdown induced by the demonetisation move has halted the deals. Experts state that about 15-30 percent of transaction value used to be in black in various markets. “Demonetisation further hit the demand in the last quarter which is generally the booming period for real estate,” says Mudhit Gupta, CMD, EMGEE Group.

ReutersThe market is expecting a correction. This is the most anticipated fall-out of the demonetisation event. This may be only partially true says Arvind Nandan, South Asia Director, Valuations & Advisory at Colliers International India. “It must be understood with some insights into the cash-economy of real estate transactions, and also, with an understanding of demand-mechanism. There is a general anticipation of the removal of 20-30 percent cash-dealings from the transaction process. It leads people to conclude that the prices would fall by 20-30 percent. The reason for such expectations is the climbing down of prices coupled with at least two other factors such as an eventual interest rate decline and the consequent rise in demand. There could be more factors. But even if we account for these, the anticipated price-decline of 20-30 percent will get cushioned to a great extent. In the final form, the price-correction may not be more that 5-8 percent, which is anyway evident already.”
Some like Ricky Doshi, Founder & CEO, ARD Studio are of the opinion that prices of real estate are expected to go marginally up as with demonetisation in place, stringent rules and regulations are to follow in the realty sector in the year 2017.

“There has been 37 percent decline in property registrations across Mumbai alone since demonetisation. However, there is no blip in the demand for commercial real estate,” says Rohan Agarwal, Managing Director-Geopreneur Group.

However, Nandan says there is a general understanding among real estate players that impact of demonetisation has been good with more cleaner deals forthcoming. While the demand pick-up has been slow owing to economic-conditions of recent past, we expect the markets to become active in 2-3 months.

Post the announcement, the real estate sector has gone into the correction mode, says Sahil Kapoor, Executive Director of RE/MAX India. “I believe the move of currency ban has resulted in many key learnings for the industry. Moreover, people now understand the consequences of the mal-practices that were prevalent in the market due to heavy cash preference. Looking at the steps taken and the intentions of the government, I believe we are heading towards the right direction and I see the market gaining positive sentiments in the next 6 months. Currently, it’s best to wait and watch as we expect some clarity post December 31, 2016.”

“The implementation of RERA in the next couple of months will lead to a decline in new launches for the next couple of years thus picking up sales of current inventory. Demonetisation combined with RERA will lead to decreased supply, lower interest rates and existence of only organised developers,” says Gaurav Gupta, Director, Omkar Realtors & Developers.
The biggest challenge in 2016 has perhaps been the huge inventory pile up in the metros.
The year 2016 has laid the foundation for the strong future of the real estate industry. Policies like Smart Cities Concept, Housing for all by 2022, GST, RERA implementation, Demonetisation and Benami Transaction act are all, in effect, steps to sanitise the real estate sector.

The major takeaway for residential realty in 2016 was the passing of the Real Estate Bill. “The bill has boosted the entire industry and is definitely proving to be a game changer for the real estate market. The impact of this bill is profitable to both consumers as well as builders as it will bring transparency in the industry and confidence amongst buyers,” says Ashwin Sheth – CMD, Sheth Corp.

The biggest beneficiary to this demonetisation will be the affordable and mid-income housing.
In 2017 Gupta predicts the real estate market will go through a phase of consolidation. He is hopeful that the overall industry will see a lot more confidence from the buyers/investors, greater transparency, positive outlook by foreign investors and cashless transactions.

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India now sixth largest in manufacturing, says PM Modi

India now sixth largest in manufacturing, says PM Modi

India had become the sixth largest manufacturing centre in the world – a testament of the decisions taken by his government in making India a robust economy, Prime Minister Narendra Modi has claimed.

“Manufacturing in India rose to 9% in the last fiscal year as opposed to the average of 5-6% in the last three years,” Modi said in his inaugural address of the eighth edition of the Vibrant Gujarat Summit on Tuesday.

He said India contributed 12.5% towards the global growth in 2014-2015, adding that great emphasis was laid on the ease of doing business.

The outcome of our efforts are visible in India’s global ranking. We have moved up 16 places on the Global Innovation Index,” he said. “Reforms like the Goods and Services Tax, new insolvency and bankruptcy code and other initiatives will lead to greater ease of doing business in India,” he said.

Though Modi did not touch up on demonetization – its success or the lack thereof – the prime minister declared that he intended to make India the world’s most digitized economy.
“The total FDI inflows in the last two-and-a-half years have touched $130 billion. The FDI equity inflow in the last two financial years was 60% higher as compared to previous two financial years. In fact, the total FDI inflows received during the last year have been the highest ever,” Modi said.

Reliance Industries Ltd (RIL) chairman Mukesh Ambani, Tata Sons interim chairman Ratan Tata and Adani Group promoter Gautam Adani also took to the dais and attested how the prime minister’s support was instrumental in helping them build their vast empire.

While announcing his expansion plans here, RIL chairman Mukesh Ambani said that his company’s investment would provide two lakh jobs and contribute to Gujarat’s export competitiveness. Speaking about his telecom company Jio, Ambani said, “In 2014-15, only 35% had access to 3G/4G but now 90% of the state is covered with Jio’s network and 100% of the state will be covered by Diwali.
Adani also took the opportunity to announce his expansion plans in the state that would amount to Rs. 49,000 crore.

Union finance minster Arun Jaitley, Maharashtra chief minister Devendra Fadnavis, Arunachal Pradesh chief minister Pema Khandu, the Gujarat governor Om Prakash Kohli and Gujarat chief minister Vijay Rupani were also present on the dais along with heads of state and delegates from the partner countries.

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Aamir Khan’s Dangal Beats His PK; Becomes the Highest Hindi Grosser Film

Aamir Khan’s Dangal Beats His PK; Becomes the Highest Hindi Grosser Film
Mumbai: With Dangal registering a collection of Rs 345.3 crore, Bollywood star Aamir Khan has created a new record for the highest Hindi grosser, beating the business of his own movie PK. The film’s makers are overwhelmed.The sports drama film, directed by Nitesh Tiwari, took a leaf out of wrestler Mahavir Singh Phogat’s real life.
Dangal, which released on December 23 last year, collected Rs 14.33 crore on January 8, taking the cumulative total to Rs 345.3 crore (nett India box office), read a statement issued on behalf of the makers.
Amrita Pandey, Vice President, Studios, Disney India, said: “Dangal is an extremely special film for us at Disney, Aamir Khan and the entire cast and crew of the film. This is our ninth film with Aamir Khan, and with Dangal we’ve broken our own record of PK. Aamir has set new benchmarks with each of his movies.”
Dangal has been lauded by the audiences for its powerful portrayal of the story of Phogat, who, much to the disapproval of his wife and his whole village, trained his daughters Geeta and Babita to wrestle.
Christmas has turned out to be lucky for Aamir since the past few years. Even PK, Dhoom: 3 and 3 Idiots released around the festival and their success gave the actor more reasons to celebrate.

According to Pandey, “Dangal is breaking and setting new distribution circuit benchmarks all over India, in centres in key south markets, in Delhi, Uttar Pradesh, Punjab, Rajasthan and Central India. Even in key international markets like North America and Australia, Dangal is setting new benchmarks.”
“In fact, in North America, the movie is set to be the highest grossing foreign language movie for 2016. Dangal is also the highest performing Hindi movie dubbed in Tamil language, beating the previous record of The Jungle Book.”

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