The worst is over for India’s economy, though growth may reach its potential only next year, with GDP expansion likely to touch 5 to 5.5 per cent this year and more than 6 per cent in 2015, Moody’s Analytics said. Prospects about the forthcoming general elections may lift business confidence and will be the trigger for the economy, which has stabilised after downside risks eased with the rupee and current account issues under control.

(Financial Express)