EconomyMonday, 28 September 2026·The Hindu - Economy
OECD raises India’s 2026-27 growth forecast to 7.1%; global agencies turn more upbeat
OECD, Moody’s, S&P Global and Fitch have all upgraded India’s 2026-27 growth outlook, with OECD projecting 7.1%.
Key highlights
Direct fact
In September 2026, the OECD’s Economic Outlook Interim Report projected India’s economy to grow by 7.1% in 2026-27, up from its June estimate of 6.3%, even as it warned of slower growth in the second half of the year.
Key specifics
- OECD forecast for India in 2026-27: 7.1%, compared with 6.3% in June 2026.
- S&P Global raised its 2026-27 India growth forecast to 7% from 6.6%.
- Fitch revised India’s 2026-27 growth estimate to 6.9% from 6.4% on September 22, 2026.
- Moody’s upgraded India’s 2026-27 growth outlook to 7% from 6% previously.
- OECD said domestic demand and government policy cushioned India against higher energy prices and West Asia crisis shocks.
Exam lens
Question type: economy and reports match-the-following, OECD 7.1% for 2026-27, S&P 7%, Fitch 6.9%, Moody’s 7%; TNPSC may ask which global agency revised India’s growth outlook upward in September 2026.