Indian economy is expected to clock 7.9 per cent growth in the current fiscal driven by better monsoon, government pay hike, key reforms and FDI inflows, Goldman Sachs said on Thursday.
The global financial services major said the GDP is expected to improve gradually and for the April-June quarter it may slow a tad to 7.8 per cent, in part due to unfavourable base. It had grown at 7.9 per cent in the previous quarter.