PVR rises on big box-office run, likely to see more gains https://ift.tt/OQ9dlIZ stock declined 0.7% to ₹1,698 on Tuesday. Earlier this week, PVR surged to ₹1,744 - the highest level in nearly seven months. Cinema exhibitors have had a turbulent ride in the last three-four years on account of a prolonged shutdown due to the Covid-19 pandemic, audiences' hesitancy to venture into crowded places, a weak content pipeline and dominance of OTT (over-the-top) platforms.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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