Organisation for Economic Co-operation and
Development projects that India will remain the world's fastest-growing major
economy
¨
The Organisation for
Economic Co-operation and Development (OECD) projects that India will remain
the world's fastest-growing major economy.
¨
India's GDP growth rate
is projected to stand at 7.6% for 2025–26.
¨
In 2026–27, the growth
rate is expected to moderate to 6.1%. It is projected to rise slightly to 6.4%
in 2027–28.
¨
The OECD has highlighted
the ongoing tensions in the Middle East as a risk to global stability.
¨
Disruptions to shipments
through the Strait of Hormuz have impacted energy flows.
¨
Damage to energy
infrastructure has exacerbated supply bottlenecks.
¨
Supply disruptions have
also affected key commodities, such as fertilizers.
¨
Inflationary trends are
intensifying due to these factors.
¨
China's economic growth
is expected to slow down gradually.
¨
China's GDP growth rate
could decline from 5.0% in 2025 to 4.4% in 2026. By 2027, it is projected to
moderate further to 4.3%.
¨
Global GDP growth is
forecast to be approximately 2.9% in 2026. It is expected to rise slightly to
3% in 2027.
¨
Robust investment in
technology sectors will support growth.
¨
However, geopolitical
tensions continue to create uncertainty regarding global demand.
