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It never rains but it pours, at least in <keyword id="143" type="CITY" weightage="100" keywordseo="Bollywood">Bollywood</keyword>, and this time, you get to see half-a-dozen low-budget flicks vying for visibility and struggling for a successful <keyword id="25892" type="ORGANIZATION" weightage="100" keywordseo="box-office">box office</keyword> run. Mind you, when we say half-a-dozen, we are not exaggerating – here is the complete list of six – <keyword id="6375259" type="PERSON" weightage="100" keywordseo="Manjunath">Manjunath</keyword>, <keyword id="2178404" type="UNKNOWN" weightage="100" keywordseo="Koyelaanchal">Koyelaanchal</keyword>, <keyword id="1835898" type="UNKNOWN" weightage="100" keywordseo="Hawaa-Hawaai">Hawaa Hawaai</keyword>, <keyword id="2069848" type="UNKNOWN" weightage="100" keywordseo="Mastram">Mastram</keyword>, <keyword id="2093570" type="UNKNOWN" weightage="100" keywordseo="Yeh-Hai-Bakrapur">Yeh Hai Bakrapur</keyword> and finally, <keyword id="1276718" type="PERSON" weightage="100" keywordseo="Khwaabb">Khwaabb</keyword>. So catch your breath as we run you through them quickly. There is just one common factor here – all of them turn out to be pretty intriguing, irrespective of the sluggish response at the <keyword id="827271" type="UNKNOWN" weightage="100" keywordseo="Domestic-Box-Office">domestic box office</keyword>. 
 
Manjunath: Bitter to the end 
Our first choice is Manjunath, a biopic directed and co-produced by <keyword id="2239399" type="UNKNOWN" weightage="100" keywordseo="Sandeep-A-Varma">Sandeep A. Varma</keyword>, which tells the true story of the <keyword id="6354412" type="COMPANY" weightage="60" keywordseo="indian-oil">Indian Oil</keyword> <keyword id="6420527" type="POSITION" weightage="80" keywordseo="executive">executive</keyword> <keyword id="479971" type="PERSON" weightage="100" keywordseo="Manjunath-Shanmugam">Manjunath Shanmugam</keyword> and his fight against the <keyword id="425101" type="UNKNOWN" weightage="100" keywordseo="oil-mafia">oil mafia</keyword> of Uttar Pradesh. The murder of this IIM braveheart for his whistleblowing act is still considered a national tragedy, but Varma’s kind of docu-drama unfolds a dark reality that’s too chilling and too gut-wrenching to give way to tears. The movie meanders at times, but the protagonist, brilliantly played by newcomer <keyword id="2239401" type="UNKNOWN" weightage="100" keywordseo="Sasho-Satish-Saarthy">Sasho Satish Saarthy</keyword>, takes you to a world where <keyword id="46183" type="UNKNOWN" weightage="100" keywordseo="Corruption">corruption</keyword> is a way of life. However, the verdict at the domestic box office has been harsh and Manjunath only managed to nett around Rs 1 crore after Day 4 while debut day earnings were a paltry Rs 15-20 lakh. 
 
Koyelaanchal: Look what’s unearthed 
The second flick under scanner is Koyelaanchal, produced and directed by <keyword id="1235537" type="PERSON" weightage="100" keywordseo="Ashu-Trikha">Ashu Trikha</keyword>. After <keyword id="486655" type="ENTERTAINMENT" weightage="100" keywordseo="Gangs-of-Wasseypur">Gangs of Wasseypur</keyword> and <keyword id="6427325" type="UNKNOWN" weightage="100" keywordseo="Gunday">Gunday</keyword>, it is the latest from Bollywood on the exploits of the <keyword id="85025" type="UNKNOWN" weightage="100" keywordseo="coal-mafia">coal mafia</keyword> and had a huge release, especially in single screens. But the film tripped at the box office and collected about Rs 45 lakh on the opening day. Although official numbers are yet to come in, total earnings spanning the first three days are a little below Rs 2 crore, as per industry estimates. 
 
In Koyelaanchal, we again come face to face with all-pervading corruption and criminal use of natural resources. This time, it is the coal <keyword id="2239403" type="UNKNOWN" weightage="100" keywordseo="Mafioso-Saryubhan-Singh">Mafioso Saryubhan Singh</keyword> aka Maalik (<keyword id="6430614" type="PERSON" weightage="100" keywordseo="Vinod-Khanna">Vinod Khanna</keyword>), who rules the mines of the <keyword id="2239414" type="UNKNOWN" weightage="100" keywordseo="Bihar-Jharkhand-belt">Bihar-Jharkhand belt</keyword> and locks horns with <keyword id="6359011" type="POSITION" weightage="80" keywordseo="District-Collector">district collector</keyword> <keyword id="2239402" type="UNKNOWN" weightage="100" keywordseo="Nisheeth-Kumar">Nisheeth Kumar</keyword> (<keyword id="7646" type="PERSON" weightage="100" keywordseo="suniel-shetty">Suniel Shetty</keyword>) when he raises troublesome questions. <keyword id="819709" type="ENTERTAINMENT" weightage="80" keywordseo="the-script">The script</keyword> goes haywire at times, but the USP here happen to be the thorough research and the realistic take at a time when a multi-billion-dollar Coalgate scam has deeply shaken the nation. 
 
 
 
Mastram: Morality decoded 
Next comes Mastram, again an offbeat movie that deals with a sexually repressed society and its ingrained hypocrisy. A <keyword id="41623" type="UNKNOWN" weightage="100" keywordseo="Directorial-debut">directorial debut</keyword> by <keyword id="1628796" type="PERSON" weightage="100" keywordseo="Akhilesh-Jaiswal">Akhilesh Jaiswal</keyword>, it is the story of the <keyword id="2239404" type="UNKNOWN" weightage="80" keywordseo="failed-author">failed author</keyword> <keyword id="201974" type="PERSON" weightage="100" keywordseo="Rajaram">Rajaram</keyword> (<keyword id="2102195" type="PERSON" weightage="100" keywordseo="Rahul-Bagga">Rahul Bagga</keyword>) whose work gets rejected because they lack masala. But the man finally excels as he starts writing erotica and along with that, begins a painful <keyword id="6374782" type="UNKNOWN" weightage="80" keywordseo="journey">journey</keyword> of self-realisation. Made on a budget of around Rs 2 crore, this ‘fictional biography’ had collected around Rs 75 lakh on the opening day at the domestic box office and its earnings stood at a little over Rs 3 crore after the first Monday. 
 
Hawaa Hawaai: Breezy &amp; smooth-flowing 
Back again after <keyword id="63220" type="PERSON" weightage="80" keywordseo="Stanley-Ka-Dabba">Stanley Ka Dabba</keyword> (well, that one grossed a little over Rs 5 crore), director-writer <keyword id="91815" type="PERSON" weightage="100" keywordseo="Amol-Gupte">Amol Gupte</keyword>’s <keyword id="2239418" type="UNKNOWN" weightage="100" keywordseo="Commercial-entertainer">commercial entertainer</keyword> Hawaa Hawaai has been produced by <keyword id="106474" type="CITY" weightage="100" keywordseo="Fox-Star-Studios">Fox Star Studios</keyword> and hopes to do better this time. The movie netted around Rs 4.25 crore in the first three days and had an estimated budget of Rs 6 crore. 
 True to his pet genre, Gupte is still catering to the young audience and telling a simple tale with a touching innocence that will win every heart. But the emotional outing and catch-my-dream theme are fraught with grim realities as well. <keyword id="2234714" type="UNKNOWN" weightage="100" keywordseo="Arjun-Harishchandra-Waghmare">Arjun Harishchandra Waghmare</keyword> (Amol’s son <keyword id="678010" type="PERSON" weightage="100" keywordseo="Partho-Gupte">Partho Gupte</keyword>) is a migrant <keyword id="6377229" type="COMPANY" weightage="100" keywordseo="Child-labour">child labour</keyword> who toils hard at a roadside restaurant in Mumbai but wants to become a <keyword id="2239398" type="POSITION" weightage="100" keywordseo="champion-roller-skater">champion roller-skater</keyword>. That’s not too difficult when the <keyword id="2239405" type="UNKNOWN" weightage="80" keywordseo="kind-hearted-coach">kind-hearted coach</keyword> <keyword id="6369280" type="COMPANY" weightage="100" keywordseo="Lucky">Lucky</keyword> (<keyword id="684700" type="PERSON" weightage="100" keywordseo="Saqib-Saleem">Saqib Saleem</keyword>) is willing to help and his poor but large-hearted peers are keen to support him as much as they can. Overall, a thought-provoking movie that flows smoothly without too many hitches. 
 
 
 
Endnote 
The other two releases of the week are Yeh Hai Bakrapur and Khwaabb. The former is a many-layered socio-political satire, starring <keyword id="124285" type="PERSON" weightage="100" keywordseo="Anshuman-Jha">Anshuman Jha</keyword> and <keyword id="1810577" type="PERSON" weightage="100" keywordseo="Asif-Basra">Asif Basra</keyword> (plus, <keyword id="2239416" type="UNKNOWN" weightage="100" keywordseo="Shah-Rukh-the-goat">Shah Rukh the Goat</keyword>) and directed by <keyword id="468251" type="PERSON" weightage="100" keywordseo="Janaki-Vishwanathan">Janaki Vishwanathan</keyword>. The scathing attack on blind faith, punctuated with sharp wit, makes it an amply watchable movie. Khwaabb (directed by <keyword id="537936" type="PERSON" weightage="100" keywordseo="Zaid-Ali-Khan">Zaid Ali Khan</keyword>), on the other hand, is a sports-based romance-drama starring <keyword id="1280175" type="PERSON" weightage="100" keywordseo="Navdip-Singh">Navdip Singh</keyword> and <keyword id="708963" type="UNKNOWN" weightage="100" keywordseo="Simer-Motiani">Simer Motiani</keyword>. In spite of some interesting scripts, both movies failed to impact the domestic box office – each collecting a little over Rs 1 crore after the third day. 
 But don’t worry too much even if there has been a box office debacle for some time now. <keyword id="14509" type="PERSON" weightage="80" keywordseo="Rajinikanth">Rajinikanth</keyword>’s <keyword id="1849408" type="UNKNOWN" weightage="100" keywordseo="Kochadaiiyaan">Kochadaiiyaan</keyword> is due to be released in a couple of weeks and that will surely set the box office ringing while <keyword id="2239419" type="UNKNOWN" weightage="100" keywordseo="Mainstream-movie-fans">mainstream movie fans</keyword> go crazy about thalaiva. 
 
Images: Indiatimes

Box Office Falters But
Tales Of Corruption, Turbulence Make Their Mark In Bollywood

Senior stars including skipper <keyword id="19899523" type="General" weightage="20" keywordseo="Rohit-Sharma" source="keywords">Rohit Sharma</keyword>, premier batter <keyword id="19907934" type="General" weightage="20" keywordseo="Virat-Kohli" source="keywords">Virat Kohli</keyword>, pace spearhead Jasprit Bumrah and leading spinner R Ashwin received exemptions as the national selectors struck a fine balance between domestic performers and potential talent while picking up four squads for the <keyword id="21466887" type="General" weightage="20" keywordseo="Duleep-Trophy" source="keywords">Duleep Trophy</keyword> starting September 5 in Bengaluru. The tournament will feature international stars such as <keyword id="19929450" type="General" weightage="20" keywordseo="Shubman-Gill" source="keywords">Shubman Gill</keyword>, Yashasvi Jaiswal, leading all-rounders <keyword id="19896466" type="General" weightage="20" keywordseo="Ravindra-Jadeja" source="keywords">Ravindra Jadeja</keyword>, Axar Patel, wrist spinner Kuldeep Yadav and pacer Mohammed Siraj. T20 captain <keyword id="19908088" type="General" weightage="20" keywordseo="Suryakumar-Yadav" source="keywords">Suryakumar Yadav</keyword>, who had played one Test against Australia in 2023 has also been picked. Apart from Surya, the others have confirmed slot in the team. Wicketkeeper <keyword id="19907058" type="General" weightage="20" keywordseo="Rishabh-Pant" source="keywords">Rishabh Pant</keyword>, who was part of India's T20 World Cup winning team, will also be featuring in the tournament, making it his first red-ball assignment after coming back from that horrific car accident in 2022. Also back in business will be another left-handed keeper <keyword id="19908087" type="General" weightage="20" keywordseo="Ishan-Kishan" source="keywords">Ishan Kishan</keyword>, who was removed from <keyword id="19901245" type="General" weightage="20" keywordseo="BCCI" source="keywords">BCCI</keyword>'s central contracts list after he skipped the Ranji Trophy tournament last season giving priority to cash-rich IPL. Sarfaraz Khan and Dhruv Jurel, both of whom played vital role in India's home series win against England are also in the mix. Keepers Aryan Juyal and Abhishek Porel are also part of the various squads. India players were supposed to play only one match and hence Kohli, Rohit, Bumrah and Ashwin were given exemptions. They had the choice to opt out as first reported by PTI on July 16. Suryakumar is part of Team C, led by Ruturaj Gaikwad, which also has two exciting young pacers -- Anshul Khamboj and Himanshu Chauhan, who would be under the scanner of the selectors following their exploits last season. Mohammed Siraj and Jadeja will turn up for Team B which also comprises Pant, Yashasvi Jaiswal and Washington Sundar, while Shubman Gill will captain Team A, which consists of Kuldeep, <keyword id="19907933" type="General" weightage="20" keywordseo="KL-Rahul" source="keywords">KL Rahul</keyword>, Shivam Dube and Riyan Parag among others. Apart from Parag, Goalpara-born Akash Sengupta is the other cricketer from Assam to feature in the tournament. He is part of Team D, which will be led by Shreyas lyer with Ishan Kishan, Axar Patel, Arshdeep Singh as other teammates. Pace sensation Mayank Yadav, who is recovering from lower abdominal injury, is yet to regain fitness and will miss the event. Nitish Kumar Reddy's participation is also subject to fitness. India are slated to play two Test matches against Bangladesh - from September 19 at Chennai and from September 27 at Kanpur. "The athletes who will be selected to represent India for the home Test series against Bangladesh will be replaced in the Duleep Trophy," BCCI secretary Jay Shah said in a release. The Duleep Trophy was earlier scheduled to kick-off with two sets of first round matches at Anantapur in Andhra Pradesh from September 5, but now one of those games has been shifted to the M Chinnaswamy Stadium here to reduce the logistical inconveniences. The four squads for the first round of the tournament: Team A: Shubman Gill (C), Mayank Agarwal, Riyan Parag, Dhruv Jurel, KL Rahul, Tilak Varma, Shivam Dube, Tanush Kotian, Kuldeep Yadav, Akash Deep, Prasidh Krishna, Khaleel Ahmed, Avesh Khan, Vidwath Kaverappa, Kumar Kushagra, Shaswat Rawat. Team B: Abhimanyu Easwaran (C), Yashasvi Jaiswal, Sarfaraz Khan, Rishabh Pant, Musheer Khan, Nitish Kumar Reddy*, Washington Sundar, Ravindra Jadeja, Mohd Siraj, Yash Dayal, Mukesh Kumar, Rahul Chahar, R Sai Kishore, Mohit Awasthi, N Jagadeesan (WK). Team C: Ruturaj Gaikwad (C), Sai Sudharsan, Rajat Patidar, Abishek Porel (WK), Suryakumar Yadav, B Indrajith, Hrithik Shokeen, Manav Suthar, Umran Malik, Vyshak Vijaykumar, Anshul Khamboj, Himanshu Chauhan, Mayank Markande, Aryan Juyal (WK), Sandeep Warrier. Team D: Shreyas lyer (C), Atharva Taide, Yash Dubey, Devdutt Padikkal, Ishan Kishan (WK), Ricky Bhui, Saransh Jain, Axar Patel, Arshdeep Singh, Aditya Thakare, Harshit Rana, Tushar Deshpande, Akash Sengupta, KS Bharat (WK), Saurabh Kumar. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/google-pixel-9-pro-fold-launched-in-india-at-172999-but-you-cant-get-your-hands-on-it-right-now/articleshow/112517193.cms">Google Pixel 9 Pro Fold launched in India at ₹1,72,999, but you can’t get your hands on it right now</a> <a href="https://www.businessinsider.in/tech/mobile/news/pixel-9-pixel-9-pro-and-pixel-9-pro-xl-launched-in-india-starting-at-79999/articleshow/112512198.cms">Pixel 9, Pixel 9 Pro and Pixel 9 Pro XL launched in India starting at ₹79,999</a> <a href="https://www.businessinsider.in/stock-market/news/ipo-scam-two-victims-from-hyderabad-lose-over-11crore-in-fake-ipo-scams/articleshow/112488051.cms">IPO scam – Two victims from Hyderabad lose over ₹11 crore in fake IPO scams</a>

Big stars Kohli, Rohit exempted as Gill, Pant, Rahul, Jadeja set to play Duleep Trophy

<ul><li>The <keyword id="30067" type="General" weightage="20" keywordseo="rbi" source="Orion">RBI</keyword> is likely to maintain status quo on policy rates for the fourth time in a row month, say experts.</li><li>This is in view of the stubbornly high retail <keyword id="22195" type="General" weightage="20" keywordseo="inflation" source="Orion">inflation</keyword>, elevated crude oil prices and more.</li><li>The <keyword id="6357126" type="General" weightage="20" keywordseo="monetary-policy" source="Orion">Monetary Policy</keyword> Committee (MPC) meeting is scheduled for October 4-6, 2023.</li></ul> The Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at its bi-monthly monetary policy review meeting early next month, as retail inflation continues to remain high and the US Federal Reserve has decided to keep a hawkish stance for some more time, according to experts. The Reserve Bank had raised the benchmark repo rate to 6.5 per cent on February 8, 2023 and since then it has retained the rates at the same level in view of the stubbornly high retail inflation and certain global factors including elevated crude oil prices in the international market. The Reserve Bank Governor-headed six-member Monetary Policy Committee (MPC) meeting is scheduled for October 4-6, 2023. The last meeting of the MPC, the highest rating-setting panel, was in August. "We do expect the RBI to hold on to a status quo position this time as inflation is still high and liquidity tight. In fact, going by RBI forecast on inflation, it would be above 5 per cent in Q3 too, which will ensure that the status quo prevails for the calendar year for sure and probably Q4 too," said Madan Sabnavis, Chief Economist, Bank of Baroda. Sabnavis further said there are uncertainties relating to Kharif crop, especially on pulses, which can increase prices. "The comfort is that there is less concern on growth which is on target," he added. Although the <keyword id="134096" type="General" weightage="20" keywordseo="consumer-price-index" source="Orion">Consumer Price Index</keyword> (CPI)-based retail inflation eased a bit to 6.83 per cent in August from 7.44 per cent in the preceding month in July, it remained above the Reserve Bank's comfort level of 6 per cent. It may be mentioned that the government has mandated the RBI to keep inflation at 4 per cent with 2 per cent margin on either side. Aditi Nayar, Chief Economist, ICRA Limited said the headline CPI inflation is expected to ease to 5.3-5.5 per cent in September 2023 from 6.8 per cent in August 2023, benefitting from the halving of the average price of tomatoes as well as a favourable base. "... We expect the CPI inflation to ease to 5.6 per cent in Q3 FY2024 and further to 5.1 per cent in Q4 FY2024, amid upside risks to food inflation on account of the impact of uneven and sub-par monsoons and low reservoir levels on Kharif yields and Rabi sowing, respectively," she said. Nayar said ICRA expects the MPC to remain on hold in October 2023 policy, while continuing to demonstrate caution amid a cloudy outlook for food inflation and elevated crude oil prices. The Reserve Bank has projected CPI inflation at 5.4 per cent for 2023-24, with Q2 at 6.2 per cent, Q3 at 5.7 per cent and Q4 at 5.2 per cent, with risks evenly balanced. CPI inflation for Q1, 2024-25 is projected at 5.2 per cent. On his expectations from the next bi-monthly monetary policy, Sanjay Bhutani, Director, Medical Technology Association of India (MTaI) said the RBI has gone along with the market sentiment of retaining the benchmark interest rate at 6.5 per cent for quite some time now. However, it's time for the central bank to contemplate a reduction of the interest rate with the objective of boosting growth, he said. "...if that is not possible in view of high retail inflation and the hawkish stance of the Federal Reserve, the medical technology sector, which is reeling under the burden of high debt, does expect the RBI to continue with the pause and at the same time provide some firm indication of easing rates in the near future," Bhutani opined. Sandeep Bagla, CEO, Trust Mutual Fund was of the opinion that the environment for <keyword id="6371181" type="General" weightage="20" keywordseo="interest-rates" source="Orion">interest rates</keyword> has worsened considerably from MPC's last policy review in August. In the US and in India, the economy has shown resilient growth, and inflation numbers have risen beyond comfort levels. "While food prices have softened, crude oil prices have climbed up, thereby raising inflationary expectations as evidenced by sharp rise in US treasury yields. The MPC will consider all these factors and maintain status quo on repo rates, as headline inflation is expected to come down in the coming months," he said. The Reserve Bank mainly factors in the CPI-based inflation while arriving at its bi-monthly monetary policy. The borrowing cost which started rising in May last year has stabilised with RBI keeping the repo rate unchanged at 6.5 per cent since February, when it was raised from 6.25 per cent. Later in the next three bi-monthly policy reviews in April, June and August the benchmark rate was retained. The MPC consists of three external members and three officials of the RBI. The external members on the panel are Shashanka Bhide, Ashima Goyal, and Jayanth R Varma. Besides Governor Das, the other RBI officials in MPC are Rajiv Ranjan (Executive Director) and Michael Debabrata Patra (Deputy Governor).

As inflation continues to remain high, RBI likely to keep interest rates unchanged

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