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Market Speak: Global economy poised for sustained & broad-based expansion in 2027- OPEC

16-Jan-26 11:44 Hrs IST

OPEC's latest monthly assessment outlines a constructive global macroeconomic and energy outlook for 2027, with world economic growth forecast to accelerate modestly to 3.2%, supported by steady expansion across both advanced and developing economies. The US is expected to provide strong momentum among OECD countries, complemented by stable growth in the Eurozone and Japan, while China, India and other developing Asian economies continue to anchor non-OECD growth, alongside steady contributions from Brazil and Russia. As inflation further normalises and monetary policy adjustments gain traction, global trade is anticipated to strengthen, reinforcing economic activity. Within this supportive backdrop, global oil demand is projected to rise by a healthy 1.3 mb/d year-on-year, overwhelmingly driven by non-OECD regions, which are set to add around 1.2 mb/d, while OECD demand growth remains modest and concentrated mainly in the Americas. On a product basis, transportation fuels lead demand gains, with expanding air travel, rising road mobility, robust trucking activity and new petrochemical capacity'particularly in China and the Middle East'underscoring a structurally resilient and diversified oil demand outlook.

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2	01-01-2026	IA	RFP for Appointment of Concurrent Internal Auditors for Period April 2026 – March 2027	Open
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5	02-09-2025	IT	RFP for Procurement of Server	Closed
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11	18-02-2025	IT	RFP for Procurement of HP Hard Disk	Closed
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12	18-02-2025	IT	RFP for Procurement of HP Server	Closed
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18	28-10-2024	IT	RFP for Procurement of Firewall	Closed
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19	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
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20	07-07-2023	CS	RFP for Secretarial Audit
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22	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
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23	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
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24	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
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25	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
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27	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
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28	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
29	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
30	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
31	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
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33	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed