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Exclusive-Saudi Arabia still considering BRICS membership, sources say

DAVOS, Switzerland (Reuters) -Saudi Arabia is still considering an invitation to become a member of the BRICS bloc of countries after being asked to join by the group last year, two sources with direct knowledge of the matter told Reuters on Thursday. The group in August invited Saudi Arabia, the United Arab Emirates, Egypt, Iran, Argentina, and Ethiopia to join starting Jan. 1, although Argentina signalled it would not take up the invitation in November. The two sources said Jan. 1 was not a ...
Saudi Arabia United States South Africa United Arab Emirates Switzerland General Dmitry Zhdannikov
Source: yahoo.com

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duvvuri subba rao: India has to grow at 7.7% for next 23-24 years to become developed nation by 2047: Subba Rao

Duvvuri Subba Rao says: “India needs to focus not just on accelerating the growth rate but we also need to generate job-intensive growth. We need to focus on inequality and on generating jobs in order to ensure that we become a developed country by 2047. We used to learn in economics that economic growth trickles down but now we know that economic growth actually trickles up and inequalities are widening across the world and within India.”
Uttar Pradesh Duvvuri Subba Rao Offering College Monetary Policy Central Bank Subba Rao

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