India to grow 6.5 percent in 2013: Goldman Sachs
MUMBAI (Reuters) - India's economic growth is likely to accelerate to 6.5 percent in 2013 backed by favourable external sector demand outlook and a pick-up in domestic reforms, Goldman Sachs said in a report on Thursday.
The Indian economy is likely to grow at 7.2 percent in 2014, compared with 5.4 percent in 2012, the report said.
According to a Reuters poll, India's economy expanded near its slowest pace in three years in the quarter to September at 5.4 percent.
(Reporting by Neha Dasgupta; Editing by Gopakumar Warrier)
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Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life into the economy to meet the tough 2014/15 fiscal deficit target without cuts. Article