Indian CEOs see GDP growing by 7.6 pct in FY09-survey

Newswire

NEW DELHI, July 25 (Reuters) - A combined impact of high inflation, rising input costs and firm interest rates are expected to trim India's economic growth to 7.6 percent in FY09, slower than 9 percent of last year, a survey said on Friday. The survey on 350 chief executives of Indian firms by Associated Chambers of Commerce and Industry also showed majority of businessmen expect the central bank to further raise its key interest rates if inflation remains high. About 77 percent of the ...

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