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The combined Vodafone-Idea group are set to become India's largest telecom operation with almost 400 million customers.
Saudi Arabia is hoping to sign a free trade deal with China in the coming months.
An increase in US shale oil production has kept benchmark oil prices lower than expected.
The deal is designed to balance trade between the two countries.
Commercial property sales spiked 26 per cent.
But PMI manufacturing data for the first two months of 2017 suggests better manufacturing production conditions.
It may not be the best indicator of an improving economy, but Brazil's jobless rate has been declining since 2015.
BRICS want to protect the flexibility in TRIPS and support the UN's High-Level Panel on Access to Medicines.
Agbiz expects the rate of food inflation to decrease significantly, especially from the third quarter onward.
Both agree on the importance of free trade and globalization, and strongly oppose protectionist policies.