18 months before oil prices were 115 dollars per barrel.

China not growing on expected line. In 2015 china growth rate 6.9% and 2016 and 2017 it is expected to
grow at 6.3%

USA doubled last 6 months productions.

A production is much more than demand.

RBI feels there is excessive liquidity in the market they sell government bonds so as to squeeze liquidity.
And when they feel there is need for liquidity they purchase bond.

Rupee depreciate exporters will be benefited. That is why RBI was silent if it goes to 71 around RBI sell
dollars.
Swiss challenge model:- Some company come up with an idea. Example to develop Nagpur railway
station if L and T submitted some unsoldered proposal, government not asked about it. Private parties
come with proposals. L and T came up with proposal of 1000 cr. But some company comes up with
500cr. But government gives first chance to L and T work with 500 cr. “First offer and first right of refuge
given to the firm which came up with the unsolidated offer”.
He felt that Swiss challenge was divide of transparency.

No law is passed by parliament regarding adoption of Adhaar.

BS VI norms are basically reduce emission. Sulfur will be from 50 ppm to 10 ppm. Air quality improve
ultimately.