Economy, Banking and Finance · 4 December 2025
Organisation for Economic Co-operation and Development (OECD) retains India FY26 growth at 6.7%
Exam-focused facts from the 4 December 2025 current affairs briefing.
Key facts
- Organisation for Economic Co-operation and Development (OECD) keeps India’s FY26 GDP growth forecast unchanged at 6.7%.
- India’s Q2FY26 GDP growth hit a six-quarter high of 8.2%.
- OECD projects India’s growth at 6.2% for FY27 and 6.4% the following fiscal year.
- Higher US tariffs—50% including a 25% penalty on Russian oil imports—are expected to cut FY26 export growth by 0.4 percentage points and FY27 by 0.3 percentage points.
- GST reform launch in September 2025 could add 0.1 percentage point to growth.
- Retail inflation dropped to a record-low 0.25% in October.
- OECD sees scope for RBI policy rate to decline toward 5% by FY2026–27 if inflation stays within target.