India economy to grow more than 7.5pc this fiscal

NEW DELHI: India's Finance Minister Pranab Mukherjee said on Friday he was confident the economy would grow more than 7.5 percent in the full fiscal year.

The economy expanded at its weakest pace in more than two years in the quarter that ended in September, revealing the heavy toll high inflation, rising interest rates and crisis-hit global capital markets are having on Asia's third-biggest economy.

Earlier this week, the minister said the economy would grow 7.3 percent this year.