latest world business news

 Nakoula Basseley Nakoula held by US securitymen

Los Angeles County sheriff's deputies escorted Nakoula Basseley Nakoula, 55, to an awaiting car. The man declined to answer questions on his way out and wore a hat and a towel over his face. He kept his hands in the pocket of a winter coat, reports Los Angeles Times.  Sheriff's officials could not be reached by The Times, but department spokesman Steve Whitmore told NBC4 that deputies assisting the federal probation department took Nakoula to the sheriff's substation in Cerritos for interviewing. Authorities waited until most media had left for the day.  Reuters talked to Karen Redmond, spokeswoman for the administrative office of the US Courts in Washington, DC, by phone from Los Angeles. "The US probation office in the central district of California is reviewing the case," said Redmond.  A source with knowledge of the case confirmed that the probation office was looking specifically into Nakoula's possible involvement in making the film for

Film Industry plays an important role in Indian Economy. The Indian film industry is the largest in the world, with more than 1,000 films produced every year in more than 20 languages.  The Indian film industry is projected to grow from US$3.2 billion in 2010 to US$5 billion by 2014 at a CAGR of 14.1%. Growth is expected to come from the expansion of multiplexes in smaller cities, investments by foreign studios in domestic and regional productions, the growing popularity of niche movies and the emergence of digital and ancillary revenue streams. With 3.3 billion tickets sold annually, India also has the highest number of theater admissions. The Indian film market derives almost 90% of its revenue from non-English language movies, largely dominated by Hindi films, followed by South Indian films and other regional films. Latest key indicators of Indian Economy: Indian GDP Amount: (US$b) 1,540 GDP growth (% change from 2009): 8.3% GDP per capita : (US$) 3,400 Urbanization: