None
EN
OECD raises India's growth by 40 bps to 6.7 pc in 2025 over domestic demand, GST reforms
['The Hans India']
Andhra Pradesh Breaking News, Telangana News, Hyderabad News Updates, National News, Breaking News
New Delhi: The Organization for Economic Cooperation and Development (OECD) on Tuesday raised India's GDP growth by 40 bps to 6.7 per cent in 2025 from its earlier projection of 6.3 per cent in June -- driven by strong domestic demand and robust GST reforms.
The food price inflation has declined sharply in India, helped by strong domestic supply and export restrictions, said OECD in its latest report.
Global growth proved more resilient than expected in the first half of 2025, especially in many emerging markets.
Looking ahead, downside risks loom large: further tariff hikes, increased concerns about fiscal risks, renewed inflation pressures could weigh on growth.
On the upside, easing trade restrictions or faster advances in AI could support stronger outcomes.
['tariff'
'oecd'
'indias'
'domestic'
'bps'
'half'
'raises'
'cent'
'trade'
'gst'
'demand'
'pc'
'2025'
'growth'
'reforms'
'inflation'
'higher'
'economies']