Moneycontrol PRO
you are here: HomeNewsOpinion

Why did the OECD slash India’s growth forecast so brutally?

If the OECD projections are right, the Indian economy will continue to be in dire straits even in 2021-22

March 03, 2020 / 09:21 AM IST
Why did the OECD slash India’s growth forecast so brutally?

The Organisation of Economic Co-operation and Development’s (OECD) interim economic report, published on Monday, has as its title, ‘Coronavirus: the world economy at risk.’ The OECD has slashed its forecast for world economic growth this year by 0.5 percentage points to 2.4 percent. Fair enough -- everybody is lowering their growth estimates due to the impact of the coronavirus epidemic on the economy. The International Monetary Fund rather optimistically has reduced its forecast of global growth this year by...

  • PRO Panorama

    Moneycontrol Pro Panorama | Evergrande’s debt cup of woes is spilling over

    Sep 21, 2021 / 04:36 PM IST

    In today’s Moneycontrol Pro Panorama: China’s property pain, metals in the line of fire, Paras Defence IPO, Recovery Tracker, GuruSpeak, and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers