Our Journals

Abstract: India and United Arab Emirates have shared a strong trade and cultural links over a period of time. Trade between India and UAE started long back when these two countries traded some of the traditional items with each other. However, India and UAE trade relation took speed when H.H. Sheikh Zayed Bin Sultan Al Nahyan came to power in 1966 and a federation was formed in 1971. The very foundation of INDO-UAE trade tie’s can be traced to the fact that since 1975 INDIA has signed Twenty-FIVE agreement’s and MoU’s with UAE including some of the important agreements like Cultural cooperation agreement(1975), civil aviation agreement(1989, revised in 2014), Double Tax Avoidance agreement DTAA (1992), Anti-Trafficking(1994), Information Cooperation agreements (2000) and the most recent MoU in the field of renewable energy cooperation. These Bi-Lateral agreements and MoU’s have cemented the trade ties between both the countries. Also INDIA and UAE are now inching towards an all weather friendship which would help India to secure it’s interest in the region. And INDIA-UAE friendship would provide a good adhesive for this cohesion. The case study will also talk about the areas where there is a desperate need of improvement and what are the steps taken by the India Government in various fields including the tax policies, balance of payments, modes of payments etc. And how, UAE can prove to be the largest trade partner of India in the next decade.

Abstract: In the Indian context, the Hospitality industry contributed only 2% of the GDP in 2003-2004. However, it is projected to grow at a rate of 8.8% by 2016, which would place India as the second-fastest growing tourism market in the world. This year the number of tourist visiting India is estimated to have touched figure of 4.4 million. The Tourism & Hospitality industry is one of the most dynamic industries now days and continues to grow year after year. The World Travel Organization predicts that it will triple in size by the year 2020, becoming one of the largest industries in the world. The latest tourism satellite accounting (TSA) research, released by the world travel and tourism council (WTTC), satellite that the requirement for travel and tourism in India is anticipated to breed by 8.2% between 2010 and 2019. Bihar is the land origin of religions like Buddhism and Jainism. The word ‘Bihar’ owes its origin to the "Viharas" built by Lord Buddha who attained spiritual enlightenment on this land and preached love, peace and tolerance. The erstwhile capital city of Patliputra of Emperor Ashoka is the present day state capital Patna.
Bihar is the land of the magnificent Ganges, beautiful flora and fauna, attractive tourist destinations like the world famous ancient seats of learning like Nalanda & Vikaramshila, Madhubani Paintings (Mithila Arts), enchanting Sujuni work, gorgeous Bhagalpuri Silk, rich mineral resources, world famous fruits such as the delicious litchi (lychee) and mangoes.

Abstract: The main objective of this paper is to gauge white collar crimes, financial through forensic accounting and complexities of the corporate environment. Forensic  Accounting  is  a  combination  of  accounting, auditing  and  investigative  skills  to  conduct  an  examination  of company’s  financial  statements. This research article seeks to examine the meaning, nature validation and prospects in India. Forensic accounting seems to provide the needed solution to the problem of fraud and financial mis-management in corporate organizations. This article discusses the concept of forensic accounting, the need for it and its role in providing solution to the problem of fraud in corporate organizations.

Abstract: The prime objective of the study is to shed light on various issues and scope of gems and jewellery export in India. Indian gems and jewellery industry has attained a remarkable position worldwide. Artifacts of India’s export of gem and jewellery are acknowledged all over the world for their exquisite craftsmanship. However in the present scenario industry is confronting various hindrances which obstruct the path to realize its true potential. It has become statutory to deal with the problems and constraints which are being faced taking in the account of the fact that during FY 2013-14 the sector has contributed $34746.90 million to Indian exchange earnings, which states the decline in export by 10.58 percent. Due to the dependence on imports, the complexities involved in obtaining import license by the government should be simplified and also the lengthy procedures and intricacy involved in trading need to be rationalized. In order to sustain its position in international market there is an immediate requirement to modernize the product designs and procedures involved. In addition to this the working condition of the workforce should refined to a great extent and their ill-wage structure must be revived. Some of the other major concerns being faced are lack of training facilities, existence of Casteism, lack of permanent work, financial issues, procedural hardship and financial issues. In the view of the declining growth rate the government has instigated various measures and also a significant amount of investment in gems and jewellery sector is accounted, as a result of which the gems and jewellery industry has recovered to a certain extent. There was an increment of 12.65% percent in export of cut and polished diamonds in FY 2014. As per an industry study the sector is anticipated to draw Rs 15,000 crore (US $ 2.42 billion) by the end of 2015 which would be a striking increase by December 2012 with Rs 8000 crore (US $ 1.29 billion).

Abstract: Due to implementation of government policies on globalization and liberalization, the customer have become more critical about the service quality of the product. In the present era, consumers have become more aware about the alternatives available in the market related to the services and service providers. Due to increase in customer awareness, customer expectations are rising and the providers should aware about the expectations of the customer. This study compares customers’ perceptions of service quality of both public and private sector insurance service providers in Rohilkhand Region. The service quality of both public and private sector insurance has been measured through SERVQUAL scale.
Data was collected from 350 respondents (125 of LIC and 75 of each selected private player) of Rohilkhand Region of both public and private sector insurance providers. In this study five parameters of SERVQUAL such as tangibility, reliability, responsiveness, assurance and empathy have been identified that describe criteria used by customers to assess service quality. This study is confined to four major life insurance companies in India.

Abstract: As globalisation is expanding and filling this labour gap at present a lot of people move from their home country to a new country which could be done by a multinational company or by themselves.  The employees who move to the overseas with their own decision they are called Self-initiated expatriate and they have some differences with traditional expatriates. So this study attempt to find out the comparison between these two groups. Moreover, these both groups of expatriates are likely to be faced various subjective and objective barriers in their expatriation period. In present literature, there is a literature gap on barriers of self-initiated expatriate and their successful expatriation process though there were various research have been taken on traditional expatriates. The research has been taken based on this point and it tries to show the human resource management’s contribution toward these expatriates. This study also discuss about the successful expatriation of self-initiated expatriated and traditional expatriates and how the model of adjustment and expatriation cycle can assist them to overcome their barriers with the assistance of human resource management.

Abstract: Every year, a lot of people died or injured as they work in coal mine. Their companies are not aware of their protection and they are weak in the implementation of safety strategies in their organisation. Also because of these, employees are acting unsafe behaviour and it casing fatal accidents in the workplace. So this research has attempt to investigate the motivational factors of the employees of Datong Coal Mining Company, therefore, this motivated employees avoided to act unsafe behaviours and workplace would be less hazardous. This research has taken on Datong Coal Mining Company and data has collected through interviews and questionnaires approaches. This research tried to investigate managerial gap of this company which directly or indirectly responsible for fatal accidents in that company. Moreover, in term of motivational factors for employees, this research tried to enlighten some limitations of this company and give a recommendation.

Abstract: The paper is motivated by the divergent views in literature pertaining to the direction of causality between savings and economic growth. Using the annual time series data for the period 1980 to 2010 the paper investigates the long-run and causal relationship between savings and economic growth in Lesotho using the ARDL bounds test approach. As per the cointegration results, there exists a long-run relationship between savings and economic growth in Lesotho. Granger causality results, however, indicate that savings precede and drive economic growth in Lesotho, both in the short-run and long-run, and not the other way round. Hence policies aimed at enhancing economic growth in Lesotho should stimulate and spur meaningful savings levels.

Abstract: The main objective of this study is to reveal the harmness behind the screen of social media which get tremendous growth in these recent days especially among youngsters. This study emphasis the benefits attached with the Usage of social media but to a limited extent. It also offer some valuable suggestions like modifying the family and learning environment, offering responsibility to adolescents to change their behaviour and attitude to fruitful tasks, controlling the entertainment activities  in computer screen and make them to engage in physical sports activities to improve their both physical and mental health. It is essential to ring the warning bell to adolescents who were in the period of storm and stress and unable to recognize good and bad things because they would pay attention to their personality and began to trust the words of their peers. The youngsters are the pillars of our future nation as the future society which creates a background of the study to reveal the dangerous scenoario behind the screen of social media at this moment to protect our nation.

Abstract: Risk management is an activity which integrates recognition of risk, risk assessment, developing strategies to manage it, and mitigation of risk using managerial resources. Some traditional risk managements are focused on risks stemming from physical or legal causes (e.g. natural disasters or fires, accidents, death). Financial risk management, on the other hand, focuses on risks that can be managed using traded financial instruments. Objective of risk management is to reduce different risks related to a pre-selected domain to an acceptable. It may refer to numerous types of threats caused by environment, technology, humans, organizations and politics. The paper describes the different steps in the risk management process which methods are used in the different steps, and provides some examples for risk and safety management.

Abstract: Fortune telling may not be so difficult for someone who understands current global trends.  This paper attempts to predict the future of management by considering the context of leadership, organizational trends, and its effects on the domestic labour market.  The paper assumes an increase in government interventions across the globe to protect the domestic markets, emphasizing the circumstances of China and the United States of America.  The paper further discusses two futuristic leadership models; the global leadership model and evolutionary-based management models then sets out two possible scenarios of future organizations and concludes by highlighting the necessary characteristics of the future manager.

Abstract: Asia has been a major contributor to the global GDP. It is a home for many developing nations that have huge demand and are powerhouse of opportunities for the investors, increasing its contribution to global trade Y-o-Y. FDI-inflows data reveals that Asia is attracting more capital inflows than any other continent. It also has two of its nations in Top 10 rankings of Business friendly economies.
India, the 2nd most populous and one of the youngest countries in the world. It has tremendous demand and makes substantial contribution to intra-regional Asian trade. Currently, it ranks very low in Ease of Business Index 2015 due to its policy deadlocks, lack of sufficient infrastructure etc. Still, things are expected to be better with rise in investor and consumer confidence in 2014.
India has come to realize potential untapped opportunities in Asia, which can fulfill its gigantic energy needs for growth in several successive decades. This potential is amplified by the fact that India just happens to be in the “sweet spot” geographically because of its connectivity to other nations in Asia as well as other continents through its peninsular landform. It is a crucial point of trade for pacific region seeking entry in Central Asia, West Asia, Europe and Africa.  
To explore the opportunities trapped in Central Asia, it has taken initiatives like coming up with International North-South Transport Corridor for transporting goods and people. But, everything has its own advantages and disadvantages. Just to count one of its disadvantages, it can also cost India with increase in terrorism from Afghan surroundings that are speculated to have military camps.
Considering a well-planned execution of the policies, it is indeed a promising opportunity for India to grab. It will also tighten the geopolitical relations between India and nations of Central Asia. The main objective is to analyze the impact and opportunities of India’s economic stance in Asian economy and trade with special reference to Central Asia and Japan.

Abstract: The knowledge is Sole Collection of Sound Principles from all the disciplines. Often Principle of one Discipline is equally applicable in other discipline. Structured System analysis is a Modelling Technique used in software engineering to partition a large problem in small problems and modelling at different abstract layers. Finally it gives a keen understanding of a system to software Designers. This paper is an attempt to extend the technique in effective investment decision making in areas such as stock market and investment in industry etc..Due to any major investment decision in particular economic sphere, various particular segments of industries are affected. Affected industries are divided into three distinct zones namely Pre, Concurrent and Post Zone. These zones are crucial for tune of investment and exact timing of investment.

Abstract: The main objective of the study was to assess factors affecting the effectiveness of supply chain management practices in Kenyan public sector with, specific reference to the Ministry of Finance. The study’s specific objective being; to establish the effect of inventory management on the effectiveness of supply chain management practices. The study adopted a descriptive case research design and the study population comprised of 120 management staff working at the Ministry of finances’ procurement, finance and administration departments. A stratified random sampling technique was employed to select a sample size of 60 respondents. Questionnaires were used as the main data collection instrument. Descriptive statistics data analysis method was applied to analyze numerical data gathered using closed ended questions aided by Statistical Package for Social Sciences (SPSS). Pearson correlation was carried out to establish the relationship between the research variables. Inventory management was also found to have a strong positive correlation with effectiveness of SCM practices (r = 0.915). The study recommend implementation of EOQ inventory management methods for and IT based SCM systems.

Abstract: Employee retention is the key aspect that plays a major role in the success of the hotel industry. As the hotel industry solely depends on their employees, it has high turnover rates and so retaining them has become a major challenge. As there are many hotels in India, even the high performing employees are immediately moving to another job when they feel dissatisfied with the current position. Due to these reasons, this theoretical paper investigates the factors that result in low employee retention. This paper argues about the factors that are critical in influencing the employees to leave their jobs. They are employee misalignment, below average pay, career work-life imbalance, etc. Thus, hotel management should frame appropriate retention strategies to reduce turnover rates with utmost commitment as it will bring a long-term benefit to the organisation.