India predicted on Thursday that economic growth in the current fiscal year coul...
NEW DELHI - India predicted on Thursday that economic growth in the current fiscal year could rise to 7.0% from the 6.8% for the year that ended March 31, which was the slowest pace in five years.
However, the investment rate was expected to pick up following improvement in consumer demand and bank lending, the report said. The survey, an annual report on the health of the economy, was released the day before Finance Minister Nirmala Sitharaman presents the budget statement.
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