India does not see any nasty upside to inflation at the moment and expects the economy to expand by more than 7% in fiscal 2025, V. Anantha Nageswaran, the chief economic adviser to the government, said on Wednesday.

The possibility of growth touching 8% in the last fiscal year that ended on March 31 is quite high, he added. (Reporting by Shivangi Acharya, writing by Sudipto Ganguly, editing by YP Rajesh)