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Asia's third-largest economy needs to register growth around 8 per cent to create enough jobs for its growing workforce.
Africa is now home to seven of the world’s fastest growing economies.
China has offered $30 billion in construction of roads to the 8-member SAARC.
Sluggish market demand, rising labor costs and dropping product prices were listed as reasons for the fall by NBS.
Saudi Arabia says markets should be left to stabilize themselves.
The International Telecommunications Union (ITU) report also underlines the urban-rural digital divide in countries like India.
The Chinese envoy's statement at the UNSC meet on Tuesday will provide relief and support for Russian President Vladimir Putin.
“It is essential to bring back inflation to target and without delay," the European Central Bank chief says.
An Indian Railways team is in China to chalk out plans for conducting a feasibility study.
New Finance Minister Nhlanhla Nene has admitted that this year’s growth target of 2.7 per cent now looks unattainable.