India Economic Calendar

Economy of India

India has a mixed economy, is the fifth-largest economy in the world, and is one of the fastest-growing economies, overtaking China.

Once the agricultural industry was the primary source of revenue and income, India currently has a diverse economy with the bulk of activity and growth coming from the service sector, which accounts for half of the country's GDP and remains the fastest-growing sector.

Leading service industries in India include telecommunications, information technology, and software, with people employed by both local and foreign corporations.

Direct taxes are the main source of income for the Indian government, while interest payments are the largest item of government expenditure, followed by military, subsidies, health care, and education.

Bank of India

The Reserve Bank of India (RBI) is the central bank and regulatory authority for India. In addition to managing the country's principal payment systems and working to advance economic growth, it also issues and maintains the supply of the Indian Rupee (INR), the country's legal currency. The Reserve Bank of India aggressively trades the USD/INR currency market to affect effective exchange rates.

Interest Rate of India

The Interest Rate in India is set by the Central Board of Directors of the Reserve Bank of India (RBI). When the Reserve Bank of India changed its monetary policy goals in 2014, it put more emphasis on keeping prices stable and less on keeping the government from borrowing, keeping the currency stable, and keeping exports going.

India Economic Calendar

Mar 28, 11:30
2 days
INR Deposit Growth YoY (Mar/14)
Low
10.3%
Mar 28, 11:30
2 days
INR Foreign Exchange Reserves (Mar/21)
Low
$654.27B
Mar 28, 11:30
2 days
INR Bank Loan Growth YoY (Mar/14)
Low
11%
Mar 31, 09:40
5 days
INR External Debt (Q4)
Low
$711.8B
$612B
Mar 31, 10:30
5 days
INR Government Budget Value (Feb)
Low
-INR11695B
-INR15600B
Mar 31, 11:30
5 days
INR Infrastructure Output YoY (Feb)
Low
4.6%
4.8%
Mar 31, 13:00
5 days
INR Current Account (Q4)
Medium
-$11.2B
-$7.3B
Apr 01, 00:00
6 days
INR Bank Holiday - Annual Accounts Closing
None
Apr 02, 05:00
7 days
INR HSBC Manufacturing PMI (Mar)
Low
56.3
57.6
Apr 02, 11:30
7 days
INR M3 Money Supply YoY (Mar/21)
Low
Apr 04, 05:00
9 days
INR HSBC Composite PMI (Mar)
Low
58.8
58.6
Apr 04, 05:00
9 days
INR HSBC Services PMI (Mar)
Low
59
57.7
Apr 04, 11:30
9 days
INR Foreign Exchange Reserves (Mar/28)
Low
Apr 09, 04:30
14 days
INR RBI Interest Rate Decision
Medium
6.25%
Apr 11, 10:30
16 days
INR Inflation Rate YoY (Mar)
Medium
4.5
Apr 11, 10:30
16 days
INR Inflation Rate MoM (Mar)
Low
0.2
Apr 11, 10:30
16 days
INR Manufacturing Production YoY (Feb)
Medium
Apr 11, 10:30
16 days
INR Industrial Production YoY (Feb)
Medium
Apr 11, 11:30
16 days
INR Deposit Growth YoY (Mar/28)
Low
Apr 11, 11:30
16 days
INR Foreign Exchange Reserves (Apr/04)
Low
690.3
Apr 11, 11:30
16 days
INR Bank Loan Growth YoY (Mar/28)
Low
Apr 14, 06:30
19 days
INR WPI Manufacturing YoY (Mar)
Low
3.2
Apr 14, 06:30
19 days
INR WPI Fuel YoY (Mar)
Low
3.4
Apr 14, 06:30
19 days
INR WPI Food Index YoY (Mar)
Low
8.3
Apr 15, 06:30
20 days
INR WPI Inflation YoY (Mar)
Low
2.2
Apr 15, 09:00
20 days
INR Balance of Trade (Mar)
Medium
-21
Apr 15, 09:00
20 days
INR Exports (Mar)
Low
37
Apr 15, 09:00
20 days
INR Imports (Mar)
Low
58
Apr 16, 11:30
21 days
INR M3 Money Supply YoY (Apr/04)
Low
Apr 18, 11:30
23 days
INR Foreign Exchange Reserves (Apr/11)
Low
Apr 18, 11:50
23 days
INR Passenger Vehicles Sales YoY (Mar)
Low
Apr 23, 05:00
28 days
INR HSBC Composite PMI (Apr)
Medium
Apr 23, 05:00
28 days
INR HSBC Manufacturing PMI (Apr)
Medium
Apr 23, 05:00
28 days
INR HSBC Services PMI (Apr)
Medium
Apr 25, 11:30
30 days
INR Deposit Growth YoY (Apr/11)
Low
Apr 25, 11:30
30 days
INR Foreign Exchange Reserves (Apr/18)
Low
Apr 25, 11:30
30 days
INR Bank Loan Growth YoY (Apr/11)
Low

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