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

Feb 28, 10:30
5 days
INR Government Budget Value (Jan)
Low
-INR9140.9B
-INR10500B
Feb 28, 11:30
5 days
INR Deposit Growth YoY (Feb/14)
Low
10.3%
Feb 28, 11:30
5 days
INR Foreign Exchange Reserves (Feb/21)
Low
$635.72B
Feb 28, 11:30
5 days
INR Bank Loan Growth YoY (Feb/14)
Low
11.4%
Feb 28, 11:30
5 days
INR Infrastructure Output YoY (Jan)
Low
4%
4.5%
Feb 28, 12:00
5 days
INR Fiscal Year GDP Growth (2024-25)
Medium
8.2%
6.4%
Feb 28, 12:00
5 days
INR GDP Growth Rate YoY (Q4)
High
5.4%
6.3%
Mar 03, 05:00
8 days
INR HSBC Manufacturing PMI (Feb)
Low
57.7
57.1
Mar 05, 05:00
10 days
INR HSBC Services PMI (Feb)
Low
56.5
61.1
Mar 05, 05:00
10 days
INR HSBC Composite PMI (Feb)
Low
57.7
60.6
Mar 05, 11:30
10 days
INR M3 Money Supply YoY (Feb/21)
Low
Mar 07, 11:30
12 days
INR Foreign Exchange Reserves (Feb/28)
Low
Mar 12, 07:15
17 days
INR Passenger Vehicles Sales YoY (Feb)
Low
Mar 12, 10:30
17 days
INR Industrial Production YoY (Jan)
Medium
Mar 12, 10:30
17 days
INR Inflation Rate YoY (Feb)
Medium
Mar 12, 10:30
17 days
INR Inflation Rate MoM (Feb)
Low
Mar 12, 10:30
17 days
INR Manufacturing Production YoY (Jan)
Medium
Mar 14, 06:30
19 days
INR WPI Inflation YoY (Feb)
Low
Mar 14, 08:40
19 days
INR Balance of Trade (Feb)
Medium
Mar 14, 08:40
19 days
INR Exports (Feb)
Low
Mar 14, 08:40
19 days
INR Imports (Feb)
Low
Mar 14, 11:30
19 days
INR Bank Loan Growth YoY (Feb/28)
Low
Mar 14, 11:30
19 days
INR Deposit Growth YoY (Feb/28)
Low
Mar 14, 11:30
19 days
INR Foreign Exchange Reserves (Mar/07)
Low
Mar 17, 06:30
22 days
INR WPI Food Index YoY (Feb)
Low
Mar 17, 06:30
22 days
INR WPI Manufacturing YoY (Feb)
Low
Mar 17, 06:30
22 days
INR WPI Fuel YoY (Feb)
Low
Mar 19, 11:30
24 days
INR M3 Money Supply YoY (Mar/07)
Low
Mar 21, 11:30
26 days
INR Foreign Exchange Reserves (Mar/14)
Low

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