Crisil raises India's GDP growth forecast to 7% during current financial year

Crisil has lifted its full-year GDP growth forecast to 7% from 6.5% after the economy expanded 8% in the first half, beating expectations. Chief economist Dharmakriti Joshi said real GDP grew 8.2% in the September quarter, though nominal growth was softer at 8.7% due to easing inflation.