India to grow 6.5 percent in 2013: Goldman Sachs

MUMBAI Thu Nov 29, 2012 11:23am IST

A Kashmiri village woman walks over marshy land while wearing wooden boards on her feet, to collect water chestnuts from the waters of Wular Lake at Bandipora, about 65 km (40 miles) north of Srinagar, November 5, 2012. REUTERS/Danish Ismail

A Kashmiri village woman walks over marshy land while wearing wooden boards on her feet, to collect water chestnuts from the waters of Wular Lake at Bandipora, about 65 km (40 miles) north of Srinagar, November 5, 2012.

Credit: Reuters/Danish Ismail

Related Topics

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)

FILED UNDER:

"India's Daughter"

Reuters Showcase

Microfinance

Microfinance

Funding the unfunded: India helps small business borrow to grow  Full Article 

Insurance Sector

Insurance Sector

UK healthcare firm Bupa sees strong growth in India  Full Article 

Sensex Rises

Sensex Rises

Sensex edges up; consumer and healthcare stocks rise  Full Article 

Market Eye

Market Eye

FTSE adds nine Indian firms as large-caps in Asia-Pacific ex-Japan index   Full Article 

Indian Ocean Diplomacy

Indian Ocean Diplomacy

PM Modi to ramp up help for Indian Ocean nations to counter China influence  Full Article 

ECB Bond-Buying

ECB Bond-Buying

ECB to launch 1 trillion euro bond buying scheme on March 9  Full Article 

China Economy

China Economy

China signals "new normal" with lower annual growth target  Full Article 

Pharma Sector

Pharma Sector

Panel recommends waiving late-stage trials for some drugs  Full Article 

E-commerce

E-commerce

China backs e-commerce expansion in win for Alibaba, JD.com  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage