Fitch Ratings expects India to be on the top of global growth ladder and expanding by 7.7 per cent in the current fiscal. Fitch Ratings in its India-Global Economic Outlook Forecast in New Delhi said the growth is higher than the estimated 7.5 per cent in the previous year due to higher disposable income and a likelihood of a normal monsoon. Meanwhile, the World Bank has forecast gradual acceleration in South Asia's economic growth from 7.1 per cent in 2016 to 7.3 per cent in 2017 driven by India's expected GDP growth of 7.7 per cent next year. Given its weight in the region, India sets the pace for South Asia as a whole, the World Bank said in its latest twice-a-year South Asia Economic Focus report issued in Washington.