OECD

Paris-based think tank OECD today said India's economic growth is likely to remain "subdued" in the near term, and further policy tightening is warranted to tame inflation.
"Growth has moderated

India, China and most of the developed world, including the US, are witnessing strong signs of economic slowdown, according to a Paris-based think-tank OECD.
The assessment is based on Composite

Economic growth in much of the advanced world is near stagnation and set to remain limp through the rest of the year, although a downturn on the scale of the

India and Organisation for Economic Cooperation and Development (OECD) -- grouping of mostly industrialised nations -- have agreed to strengthen cooperation in cross-border taxation issues, the Finance Ministry said today.

Amid divergent views among developed and emerging economies over the next IMF chief, OECD Secretary General Angel Gurria today said the selection should be transparent and merit based.

Paris-based think tank OECD today pegged India's growth at 8. 5 per cent for the current fiscal indicating that economic expansion would be slower