India's economy to grow 6.75-7.5% in 2017/18: Newsrise

[NEW DELHI] India's economy is expected to grow by between 6.75 and 7.5 per cent in the coming fiscal year, the finance ministry will say in its pre-budget Economic Survey on Tuesday, financial newswire Newsrise reported citing sources.

Asia's No 3 economy could face an adverse impact if the oil price exceeds US$65 a barrel in 2017/18, Newsrise also reported. The Economic Survey is due out shortly, ahead of Finance Minister Arun Jaitley's annual budget on Wednesday.

REUTERS