UAE Non-Oil Business Activity Surges to Nine-Month High in December

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 The United Arab Emirates' non-oil private sector recorded its fastest expansion in nine months in December 2024, buoyed by strong domestic demand and increased business activity, according to the latest S&P Global Purchasing Managers’ Index (PMI) report. PMI Highlights Robust Growth The seasonally adjusted UAE PMI climbed to 55.4 in December from 54.2 in November, signaling robust growth well above the 50.0 threshold that separates expansion from contraction. This marked the third consecutive monthly increase, underscoring sustained recovery in the non-oil sector. Key drivers of growth included a notable rise in new business activity. The new orders subindex rose sharply to 59.3 in December from 58.0 in the previous month, reflecting strong domestic demand. Challenges Amid the Growth While domestic demand flourished, export growth slowed, with the export orders subindex dropping to a seven-month low. Additionally, businesses faced mounting backlogs due to capacity constraints,...

Karan Johar says many 'negative' people in Bollywood wanted Brahmastra to flop

 

Karan Johar

Karan Johar, an Indian filmmaker and television personality, has said that many forces in the Bollywood industry wanted Brahmastra to flop. He said that their comments about Brahmastra went from being critical to blatantly negative. However, Karan did not mention anyone’s name.

He reportedly told Bollywood Hungama, “Sometimes people within the Bollywood industry, who call themselves members of the media also, celebrate the ruination of a film. I feel that is a bad thing.”
Brahmastra opened to a great response at the box office on September 9. The film has collected more than Rs 425 crore worldwide.

Brahmastra: Part One Shiva is an action-adventure film, directed by Ayan Mukerji. The first part of the film marks the beginning of a trilogy. The second part of the trilogy has been named Brahmastra Part Two Dev.

Brahmastra: Part One Shiva revolves around the character of Shiva, played by Bollywood actor Ranbir Kapoor. Shiva shares a special connection with the fire. The film also features Alia Bhatt as the female lead and marks her first collaboration with her husband. Brahmastra also features Nagarjuna, Mouni Roy and Amitabh Bachchan. Bollywood superstar Shah Rukh Khan has a cameo as a scientist in the film.

Earlier, there was speculation that the film’s budget was Rs 410 crores excluding the print and publicity expenses. However, Karan said that the entire budget is allocated to all three films of the trilogy and not just to the first part of Brahmastra.

In an interview with Bollywood Hungama, he said, “It’s a three-film budget. There are three films. So, it cannot be allocated to just one part of the film. I believe that when all three films are made, it will be a big monetary success for all of us.”

Karan also said at the FICCI Frames Fast Track 2022 event, “The budget has not been broken down into film 1, film 2 or film 3. It is for the entire trilogy.”

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