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

Jun 23, 05:00
7h 34min
INR HSBC Composite PMI (Jun)
Medium
59.3
59.4
Jun 23, 05:00
7h 34min
INR HSBC Manufacturing PMI (Jun)
Medium
57.6
57.7
Jun 23, 05:00
7h 34min
INR HSBC Services PMI (Jun)
Medium
58.8
58.6
Jun 25, 11:30
2 days
INR M3 Money Supply YoY (Jun/13)
Low
9.5%
Jun 27, 11:30
4 days
INR Foreign Exchange Reserves (Jun/20)
Low
$698.95B
Jun 30, 10:30
7 days
INR Industrial Production YoY (May)
Medium
2.7%
Jun 30, 10:30
7 days
INR Manufacturing Production YoY (May)
Medium
Jun 30, 10:30
7 days
INR Government Budget Value (May)
Low
-INR1863.3B
Jun 30, 11:30
7 days
INR Current Account (Q1)
Medium
-$11.5B
-$5.5B
Jun 30, 11:30
7 days
INR External Debt (Q1)
Low
Jul 01, 05:00
8 days
INR HSBC Manufacturing PMI (Jun)
Low
57.6
54
Jul 03, 05:00
10 days
INR HSBC Composite PMI (Jun)
Low
59.3
54
Jul 03, 05:00
10 days
INR HSBC Services PMI (Jun)
Low
58.8
56
Jul 04, 11:30
11 days
INR Deposit Growth YoY (Jun/20)
Low
Jul 04, 11:30
11 days
INR Foreign Exchange Reserves (Jun/27)
Low
Jul 04, 11:30
11 days
INR Bank Loan Growth YoY (Jun/20)
Low
Jul 09, 11:30
16 days
INR M3 Money Supply YoY (Jun/27)
Low
Jul 11, 11:30
18 days
INR Foreign Exchange Reserves (Jul/04)
Low
710
Jul 14, 06:30
21 days
INR WPI Fuel YoY (Jun)
Low
3.5
Jul 14, 06:30
21 days
INR WPI Inflation YoY (Jun)
Low
2.7
Jul 14, 06:30
21 days
INR WPI Manufacturing YoY (Jun)
Low
3
Jul 14, 06:30
21 days
INR WPI Food Index YoY (Jun)
Low
4.1
Jul 14, 10:30
21 days
INR Inflation Rate MoM (Jun)
Low
0.3
Jul 14, 10:30
21 days
INR Inflation Rate YoY (Jun)
Medium
4.2
Jul 15, 00:00
22 days
INR Passenger Vehicles Sales YoY (Jun)
Low
Jul 15, 09:00
22 days
INR Exports (Jun)
Low
36.5
Jul 15, 09:00
22 days
INR Balance of Trade (Jun)
Medium
-22.5
Jul 15, 09:00
22 days
INR Imports (Jun)
Low
57
Jul 18, 11:30
25 days
INR Foreign Exchange Reserves (Jul/11)
Low
Jul 18, 11:30
25 days
INR Deposit Growth YoY (Jul/04)
Low
Jul 18, 11:30
25 days
INR Bank Loan Growth YoY (Jul/04)
Low
12.5

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