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BUSINESS

China’s economy slows as domestic demand shrinks
WORLD

China’s economy slows as domestic demand shrinks

New Delhi, July 26 — China’s GDP growth slowed to a mere 4.3 per cent in the second quarter this year due to declining domestic demand, reflecting the worsening structural imbalance in the export-dependent economy.“The main factor dragging down GDP growth was nosediving fixed-asset investment…

S. Korea's travel account posts surplus for 3rd consecutive month
BUSINESS

S. Korea's travel account posts surplus for 3rd consecutive month

Seoul, July 26 — South Korea's travel account posted a surplus for the third consecutive month in May, driven by an increase in foreign visitors, government data showed on Sunday.The travel account recorded a surplus of $220.5 million in May, compared with a deficit of $820.2 million a year…

Rs 6,970 crore Dwarka tunnel to transform Delhi-NCR connectivity
BUSINESS

Rs 6,970 crore Dwarka tunnel to transform Delhi-NCR connectivity

New Delhi, July 25 — The Centre's approval for the Rs 6,969.67 crore Dwarka Road Tunnel project is set to transform urban mobility in the National Capital Region (NCR) by easing traffic congestion, improving airport connectivity and providing a seamless link between West and South Delhi, an…