Mughal-e-Azam tops the list of highest-grossing Indian Films, adjusted for inflation
New Delhi: Over six decades after its release, Mughal-e-Azam remains a cinematic giant in Indian cinema. When adjusted for inflation, the 1960 epic directed by K Asif has earned an astounding ₹4000 crore, surpassing modern blockbusters like Dangal, Baahubali, and RRR.
The film sold over 15 crore tickets worldwide, which is three times the number of tickets sold by recent hits like RRR or Jawan. With an average cinema ticket price in 2023 at ₹130, and double that amount in big chains like PVR INOX, films today earn exponentially more, despite lower ticket sales compared to earlier decades.
By comparison, Sholay, which has earned ₹30 crore since its release in 1975, would gross ₹3090 crore today, making it the second highest-grossing film on the list. Other notable films that earned over ₹2000 crore when adjusted for inflation include Mother India, Dilwale Dulhania Le Jayenge, and Awara.
Sources for this calculation include Box Office India, old news archives, and financial publications like Forbes, The Hindu, Mint, and Business Standard. The inflation rates and historical exchange rate changes of currencies like the dollar, pound, and rouble were also considered to provide an accurate estimation of these films' adjusted earnings.
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India moving towards becoming global economic powerhouse: Kovind
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Amritsar (PTI): Former president Ram Nath Kovind on Friday said that with digital transformation, economic reforms and a strong focus on the ease of doing business, India is moving towards becoming a global economic powerhouse.
He was speaking after inaugurating the 19th edition of the Punjab International Trade Expo (PITEX) in Amritsar.
The former president said that this 19th edition of PITEX is being organised at a time when India is recognised as one of the fastest-growing large economies in the world.
Speaking at the inaugural ceremony of the event organised by the PHD Chamber of Commerce and Industry (PHDCCI) the former president, while referring to Punjab, said the state is a living example of courage, sacrifice and enterprise.
"The spiritual light of Sri Harmandir Sahib (Golden Temple) inspires peace and humanity across the world. The heritage of Punjab is deep and inspiring," Kovind said, according to a statement issued by the PITEX.
The former president congratulated the PHDCCI for hosting the 19th edition of PITEX and suggested that the chamber should expand PITEX outside Punjab.
He proposed that a similar event should also be held in New Delhi.
