India's growth expected to top last year's, minimal China impact seen

Hong Kong

INDIAN Finance Minister Arun Jaitley said on Monday he hopes the economy will grow faster this year than the last, and expects that Asia's third-largest economy will not see a big hit from China's slowdown.

Mr Jaitley, who is on a road trip meeting foreign investors in Hong Kong and Singapore, also said his government's "ambitious" privatisation programme had been slowed by global market volatility. "We would have moved much faster but the markets have been in somewhat of a turmoil," he told reporters after giving a keynote address at an investor conference.