2. GAMES TO SEE LOWER NUMBER OF FOREIGN TOURIST Common wealth games, with a less than a month to go, government statistic show that the foreign tourist arrives in the india in august have declined to 3.82 lakh compared with 4.52 in july this year. Melbourne had witnessed 90,000 foreign tourist when they hosted the games. India had all expected the same but it was very less than the expectation.
3. The cities hotels are also feeling dampened by the booking & might have to slash room rates substantially The sector analyst said their will huge loss to the city by lesser international tourist.
4. AXIS BANK TO LAUNCHES REMITTANCE SERVICE AXIS bank has launched Instant Money Transfer Service, which enable funds transfer even if the beneficiary does not maintain a bank account. Migrant population employed in the unorganized segment in urban area as well as students will the target group for this service.
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6. Under this new dual fixed rate structure, loans up to the end of this fiscal will be priced at 8.5%.
