In economics sense, recession is a general slowdown in economic activity over a long period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment, spending,...

The smart cards are now days commonly utilised for purchasing the transportation services ticket fares like buses, railways, etc. There are many such projects underway around the world for transportation utility services like railways. The important factor for the ticketing system in railways is...

Effective Corporate Social Responsibilities (CSR) initiatives are those which are taken keeping all the stakeholder’s issues in mind including the legal, ethical, commercial and other expectations society has for business. There are many definitions of CSRs available. Many factors have led to...

The online news had changed the way we read news now days. For reading online news, one must be connected to the World Wide Web with high speed internet connection. The online news content then can be viewed on the computer with the help of any good web browser like Internet Explorer, Mozilla,...

India represents an economic opportunity on a massive scale, both as a global base and as a domestic market. India represents an economic opportunity on a massive scale, both as a global base and as a domestic market. Price controls have been progressively liberalized since 1992, but a small...

There are a number of reasons why franchises have become the fastest growing way of doing business but the most worthy explanation is that franchising and franchises are simply filling a market need. The 1980's and 1990's brought radical changes to the employment market and the way people...

The online environment provides an opportunity to the customer to place an order for their required products at their comfort. Instead of personally going to shops or malls, customer can browse shopping sites. They can view catalogues, product details, check availability, and delivery locations,...

Export Processing Zones (EPZs) are an international phenomenon influencing increasing share of trade flows and employing a growing number of workers. From 176 zones across 47 countries in 1986; the number had increased to over 3,000 across 116 countries by 2003. India also favours this so in the...