Collections

• The Suriya-starrer film *Karuppu* has earned Rs. 238 crore worldwide after its second weekend, with overseas collections surpassing USD 7 million. • While the Middle East market saw a significant 90% drop, the film maintained strong performance in Singapore and Malaysia, with the latter recording one of its best second weekends ever. • The movie is currently on track to surpass the Rs. 300 crore milestone before the end of its theatrical run.

• India's Goods and Services Tax (GST) collections increased 8.7% to ₹2.42 lakh crore, demonstrating continued economic strength despite recent market corrections and global uncertainties. • The strong GST collection figures reflect robust consumer spending and improved tax compliance across India's formal economy, providing crucial revenue for government budgets. • This economic indicator comes amid broader market volatility, with Wall Street posting its best month since 2020, suggesting potential stabilization in global financial conditions affecting Indian markets.

Government says proposed levy for international tourists is part of initiative to improve arts fundingMinisters are considering charging international tourists to access permanent collections at national museums as part of an initiative to improve arts funding.The government said there was a need for long-term options to fund the struggling arts sector in its response to a review of Arts Council England, which distributes public funding to the arts. Among the options cited was a hotel levy, a policy being consulted on. Continue reading...