BEIJING (TIP): China‘s annual economic growth slowed to a six-year low of 7.0 per cent in the first quarter as demand stayed weak, meeting analyst forecasts but fanning expectations that authorities will roll out more policy stimulus to avert a sharper slowdown. In the last quarter of 2014, China’s economy grew 7.3 per cent on an annual basis. On a quarterly basis, economic growth slowed to 1.3 per cent between January and March after seasonal adjustments, the National Bureau of Statistics said on Wednesday, compared with growth of 1.5 per cent in the previous three months.
Business & Economics
Manipal University inks pacts with 2 Chinese varsities
Mangalore (TIP): Manipal University has signed agreements with Shanghai’s Tongji and Tianjin universities for mutual, comprehensive partnerships. Quoting the Vice-Chancellor of Manipal University, K. Ramnarayan, a press release said here on Monday that the MoUs […]
Business & Economics
Airline industry to rake in $25.7 bn profit in 2024 India a hugely exciting market: IATA
Geneva (TIP) – The airline industry is projected to post a net profit of USD 25.7 billion and revenue at a historic high of USD 964 billion in 2024 as more normal growth is expected […]
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