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Mumbai, India: Reports say that the IT sector has, not only in India but all around the globe, is seeing a downturn primarily because of the global economic crises. However, at the same time, the BPO industry has remained in the limelight and is seeing an increase in its profitability to an amazing extent.

Madrid, Spain: The World Tourism Organization (UNWTO), the United Nations agency responsible for travel and tourism, has released a figure of 1 billion identifying the travelers and tourists who have visited foreign lands in 2012. This, according to UNWTO, is a record breaking number and has remained highly encouraging for the tourism industry.

United States: Online shoppers all around the United States, who used Google, have recently noticed that they are no more allowed to buy any kind of product that related to drug. This includes not just the products that contain steroid but also the most natural and herbal items have been removed from the shopping portals.

Manila, Philippines: the rapid rise of the business process outsourcing industry in the country has created increasing need for office space. This has in turn, given a great boost to the real estate sector in the Philippines where large profits are being enjoyed by real estate owners.