Consumer Spending

Economic crisis and terror attacks plays spoil sport during festive season

Global economic crisis and recent terror attacks in Mumbai affected the otherwise thriving pub business in India as people shied away from splurging even during the festive season.Festive season is considered as the boom time for the restobars and pubs, as people loosen strings to their purses. But economic meltdown and recent terror attacks appears to have changed the trend during this festive season.

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