NEW DELHI (Reuters) - The Indian economy can grow by more than 5.5 percent in the current fiscal year, the finance ministry's top bureaucrat said on Friday.
Arvind Mayaram spoke after ratings agency Standard & Poor's raised the outlook on India's BBB- sovereign credit rating to stable from negative. S&P said a return to trend growth of 5.5 percent would justify an upgrade in India's outlook.
(Reporting by Manoj Kumar; Writing by Douglas Busvine)