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Energy shock from Middle East war may lift US inflation to 4.2% this year; OECD warns of weaker global growth

The escalation of the Middle East conflict could push US inflation to 4.2% this year–the highest among G7 economies– while also slowing global growth, the Organisation for Economic Cooperation and Development (OECD) has said, underlining the widening economic costs of the US-Israel war with Iran, the Financial Times reported.In its interim economic outlook, the Paris-based…

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OECD pegs India GDP growth at 7.6% in FY26, sees moderation next fiscal

India’s economy is projected to expand by 7.6% in the current fiscal before moderating to 6.1% in 2026-27, the Organisation for Economic Cooperation and Development (OECD) said in its interim Economic Outlook report, PTI reported.The multilateral body said the evolving conflict in the Middle East has “human and economic costs” for countries directly involved and…

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Indian doctors and nurses form backbone of global health systems, says OECD report

Representative image (AI-generated) Indian doctors and nurses have become indispensable to health systems across advanced economies, according to the International Migration Outlook 2025 released on Monday by the Organisation for Economic Co-operation and Development (OECD). From the perspective of the 38 OECD member countries (which include the US, Canada, European nations, and Australia), the report…

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