GDP to grow at 6 in FY14

Indias GDP is expected to be around 6 per cent in FY14,according to a survey by the Federation of Indian Chambers of Commerce and Industry Ficci. Near-term outlook for Q1 of 2013-14 is also anticipated to improve from the last quarter. The Q1 FY14 GDP growth is estimated to be at 5 per cent,according to Ficcis Economic Outlook Survey. Most participating economists anticipated a 50-75 bps cut in repo rate by end of this fiscal.