Indian economy to grow 7.8% in FY17: FICCI
India's economy is likely to grow 7.8% in 2016-17 on the back of good monsoons, a survey by Federation of Indian Chambers of Commerce & Industry has said. The industry body owed the improvement in the growth estimate to the better performance of the agriculture and industry sectors. Meanwhile, the RBI has pegged the growth rate at 7.6% this fiscal.