India forecasts 2017/18 growth at 6.5 percent

Reuters  |  NEW DELHI 

(Reuters) - The Indian on Friday said it expects to slow down to 6.5 percent in the ending in March from 7.1 percent a year earlier.

Most private economists have pared India's growth forecast to 6.2 to 6.5 percent for the 2017/18 fiscal year, citing the impact of the chaotic launch of Goods and Services Tax in July on business activities.

(Reporting by Manoj Kumar; Editing by Malini Menon)

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First Published: Fri, January 05 2018. 17:57 IST