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Tourism is the most important industry in the service sector of the Indian economy. It is one of the world's fastest growing industry and it can play role in accelerating the economic development of the country is widely recognised. It has generated a number of social and economic benefits, promotes national integration and international understanding, creates employment opportunities to a large number of people and foreign exchange earnings. Tourism also supports local handicrafts and cultural activities. For many developing countries, particularly the small country. They are mainly...

The Indian banking industry has come from a long way from being passive business institution to a highly proactive and dynamic entity. Before liberalization, the Indian banking structure was largely controlled and parameters like branch size and location were given much importance. Presently, the Indian banking industry is going through a period of intense change, where liberalized business environment has affected the banking business by way of increasing competition, rising customer expectations, shrinking spreads and increasing disintermediation. Public sector banks largely dominate the...

In Today's world no single country is self independent, they have to rely on others for different perspectives and these needs generate the international transaction. But all countries don't have same purchasing power, so their currency value against others is different. The need for exchange rate arises whenever a buying and selling or investing and borrowing transaction take place across the globe. Such rate indicates the value of one currency against the other one. Globally, operations in the foreign exchange market started in a major way after the breakdown of the Bretton Woods system in...