Indian economy will expand by 5.6 per cent for financial year 2014-15 as the Reserve Bank is not likely to cut interest rates this year. This was revealed in Economic Outlook Survey of Federation of Indian Chambers of Commerce and Industry, FICCI in New Delhi. The survey said, objective of restoring growth and governance in government's 100 days rule restored confidence amongst investors.Agricultural growth is expected to remain steady despite weak monsoon. Outlook for the industrial sector seems to have improved considerably, it is expected to grow by 4.7per cent in the current fiscal. The growth in the services sector is expected to grow by 6.9 per cent.