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GDP growth likely to improve further: Ficci

New Delhi: Stating that the economy is on an "uptrend", industry body Ficci on Friday said the March quarter GDP growth at 7.7 per cent gives an "optimistic picture".
It said that India's growth scenario is set to improve further going ahead and the GDP is expected to grow at 7.5 per cent in the current fiscal. However, the chamber cautioned that one will have to be watchful about the movement in the oil prices in the global market as well as the pace at which the health of the domestic banking sector improves.
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