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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

Sep 28, 00:00
1 day
INR Id-E-Milad
None
Sep 29, 10:30
2 days
INR Government Budget Value (Aug)
Low
-INR6055.9B
-INR6200B
Sep 29, 11:30
2 days
INR Foreign Exchange Reserves (Sep/22)
Low
Sep 29, 11:30
2 days
INR Infrastructure Output YoY (Aug)
Low
8%
7%
Sep 29, 12:00
2 days
INR External Debt (Q2)
Low
$624.7B
$615B
Sep 29, 12:00
2 days
INR Current Account (Q2)
Medium
-$1.3B
-$8.9B
Oct 02, 00:00
5 days
INR Mahatma Gandhi's Birthday
None
Oct 03, 05:00
6 days
INR S&P Global Manufacturing PMI (Sep)
Medium
58.6
57
Oct 04, 11:30
7 days
INR M3 Money Supply YoY (Sep/22)
Low
11.1%
Oct 05, 05:00
8 days
INR S&P Global Composite PMI (Sep)
Low
60.9
58
Oct 05, 05:00
8 days
INR S&P Global Services PMI (Sep)
Low
60.1
59
Oct 06, 04:30
9 days
INR RBI Interest Rate Decision
Medium
6.5%
6.5%
Oct 06, 04:30
9 days
INR Cash Reserve Ratio
Low
4.5%
4.5%
Oct 06, 11:30
9 days
INR Bank Loan Growth YoY (Sep/22)
Low
Oct 06, 11:30
9 days
INR Foreign Exchange Reserves (Sep/29)
Low
Oct 06, 11:30
9 days
INR Deposit Growth YoY (Sep/22)
Low
Oct 12, 12:00
15 days
INR Inflation Rate MoM (Sep)
Low
0.4
Oct 12, 12:00
15 days
INR Industrial Production YoY (Aug)
Medium
Oct 12, 12:00
15 days
INR Manufacturing Production YoY (Aug)
Medium
Oct 12, 12:00
15 days
INR Inflation Rate YoY (Sep)
Medium
6.2
Oct 13, 00:10
16 days
INR Passenger Vehicles Sales YoY (Sep)
Low
Oct 13, 06:30
16 days
INR WPI Fuel YoY (Sep)
Low
-6
Oct 13, 06:30
16 days
INR WPI Manufacturing YoY (Sep)
Low
-0.3
Oct 13, 06:30
16 days
INR WPI Inflation YoY (Sep)
Low
2.4
Oct 13, 06:30
16 days
INR WPI Food Index YoY (Sep)
Low
-2
Oct 13, 11:30
16 days
INR Foreign Exchange Reserves (Oct/06)
Low
Oct 13, 12:20
16 days
INR Balance of Trade (Sep)
Medium
-19
Oct 13, 12:20
16 days
INR Imports (Sep)
Low
58
Oct 13, 12:20
16 days
INR Exports (Sep)
Low
39
Oct 18, 11:30
21 days
INR M3 Money Supply YoY (Oct/06)
Low
Oct 20, 11:30
23 days
INR Foreign Exchange Reserves (Oct/13)
Low
Oct 20, 11:30
23 days
INR Bank Loan Growth YoY (Oct/06)
Low
Oct 20, 11:30
23 days
INR Deposit Growth YoY (Oct/06)
Low
Oct 24, 00:00
27 days
INR Dussehra
None

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