Tourism is a seasonal industry and there are many factors that contribute to this seasonality. Not only does the environment of the host nation, but the policies of the host Government and several other factors work together for this seasonality in the industry.
Maintaining work-life balance is a serious challenge today for professionals in almost every sphere of organizational activities. The organizations are considering this issue on a priority basis as it is supposed to reduce attrition remarkably.
Forecasting the demand in tourism industry and maintaining a proper demand-supply balance is a major challenge. There is no doubt about tourism being an industry of economic, social and cultural importance for the world economy.
India has been ranked as the fifth most preferred destinations for retail investments. The growing urbanization, changing demographics, increasing per capita and disposable incomes, liberal regulatory norms and improved technological environment in the country;
Natural disasters have always devastated human lives miserably. Be it an earthquake, hurricane, flood, tsunami or any other kind, the human life in the affected area reaches to a zero. Everything from the basic necessities of food, clothing and shelter to the luxuries are to be restored from a scratch.
Power sector is the base of economic growth in a country. It acts as the index of economic health of the country. India is one of the fastest growing economies across the globe and population-wise also, the country stands at second position in the world.
The development of power sector of a nation is closely linked to the overall economic growth of the nation. The importance of the power sector can therefore never be underestimated. India being a developing nation has even more to expect from this sector.
We all get fascinated by the retailers’ generosity when they announce heavy discounts on various festivals. Be it Diwali or Holi, Independence Day or Republic Day; the retailers especially in the organized sector give us another reason to shop.