As India is growing fast at over 7 per cent, the nature of BRICS bloc has undergone a major change with each member showing an economic performance very different from the other, IMF chief Christine Lagarde said today.

Confident of pushing GDP growth higher and continuing the reforms agenda, Finance Minister Arun Jaitley today said one main reform which is still work in progress is 'ease of doing business' in India and steps are under way on that front.

Senior Saudi and Iranian figures clashed behind closed doors at a private meeting convened by the World Economic Forum in Davos this week to try to promote peace in Syria, participants said.