India’s GDP growth rose by 7.8 percent in the first quarter of FY26, its fastest pace in five quarters, beating most forecasts, and policymakers expect the momentum to stay strong during the second quarter as well.
OECD, a 38-member grouping of wealthy nations, upgraded the global growth forecast to 3.2 percent growth in 2025
The OECD’s latest Economic Outlook paints a mixed picture for the global economy, projecting slower growth and rising uncertainty. While the US is set to cool off sharply, India manages to hold its ground
The OECD now forecasts global economic growth to slow to 2.9% this year from 3.3% in 2024. It expects the rate of expansion in the US will tumble further, to 1.6% from 2.8% — an outlook that is significantly lower than its projection in March.
The move comes amid renewed trade negotiations with the United States. The removal will benefit non-resident entities which are into digital advertising services.
US inflation is now expected to accelerate to 2.8 percent in 2025, up 0.7 percentage points from the previous projection and above the 2.5 percent figure from 2024.
OECD projected lower growth for FY27 as well, cutting India’s growth forecast to 6.6 percent from 6.8 percent earlier
The organisation revised India’s FY26 growth forecast to 6.9 percent, up from the 6.8 percent projected in the September outlook.
The OECD Chief Economist tells Moneycontrol why India stands out for its consistent focus on reform. He expects India to grow between 6.5-7 per cent. And explains why he often cites GST as one of India’s game-changing reforms to other countries such as Brazil. He says that India needs to open up to FDI and focus on ease of doing business.
Inflation is also projected to be higher at 4.5 percent compared with 4.3 percent projected in May
In the absence of an agreement on Pillar 1, India and the US maintain the status quo on DST, deepening uncertainties for MNCs
An OECD study shows road tax rates on fuel fell in major economies, as governments provided relief to citizens from an energy price spike but also due to a lack of indexation to inflation
India was the country from which the largest migration took place to OECD countries during 2021 and 2022, replacing China
While oil futures are rocketing — on September 15 they were just below $95 a barrel in London — the rally pales in comparison with the surge in diesel. US prices jumped above $140 to the highest ever for this time of year on September 14
The 2023 edition of the OECD Indicators of Talent Attractiveness includes for the first time a ranking of the most attractive OECD countries for immigrant start-up founders.
The OECD said that till date, around 50 jurisdictions have taken steps to implement the global minimum tax.
The world economy is set to grow 2.7% this year, the Organisation for Economic Cooperation and Development (OECD) said, up from its previous forecast of 2.6% in March.
If some rights are being transferred by an entity, it constitutes royalty, according to Indian legislation. If an entity here has rights and is again distributing them, it will be considered royalty.
At Davos 2023, Organisation for Economic Co-operation and Development's secretary general Mathias Cormann cross border flow of data is going to be very important to optimise the digital economy of the future
Davos 2023: Cormann claimed that because of its ‘strong growth’, India is in a stronger position and has the opportunity to influence the global agenda.
The Organisation for Economic Cooperation and Development (OECD), the Paris-based intergovernmental body that focuses on economic policy reports in its latest Economic Outlook that India is set to be the second-fastest growing economy in the G20 in FY 2022-23 behind Saudi Arabia, despite decelerating global demand and the tightening of monetary policy to manage inflationary pressures.
The framework ensures "the collection and automatic exchange of information on transactions for relevant crypto" assets. It covers exchanges, brokers and ATM operators that facilitate exchanges between crypto assets.
OECD Secretary General Mathias Cormann said the policy forum's 38 members decided to recognise Ukraine as a prospective member following a request from Kyiv.
The OECD report on the economic outlook says, ‘annual inflation in 2023 will remain well above central bank targets almost everywhere.’ That is bad news
In a bleak report titled "paying the price of war", the Paris-based organisation noted that the conflict aggravated inflationary pressure when the cost of living was already rising quickly.