National News

OECD India Growth Forecast

October 3 , 2026 13 hrs 0 min 17 0

The Organisation for Economic Co-operation and Development (OECD) raised India’s 2026–27 growth forecast to 7.1%, from 6.3% estimated in June 2026.
OECD said strong domestic demand and government policies helped India withstand the impact of the West Asia crisis.
It expects India’s growth to slow to 6.5% in 2027–28 after 7.1% in 2026–27.
S&P Global raised its 2026–27 forecast to 7%, while Fitch Ratings raised it to 6.9% and Moody’s Ratings to 7%.
The OECD expects growth to slow in the second half of 2026–27 due to reduced purchasing power, followed by gradual recovery in 2027.