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

Apr 30, 10:30
7h 3min
INR Government Budget Value (Mar)
Low
-INR13468.5B
-INR13900B
Apr 30, 11:30
8h 3min
INR M3 Money Supply YoY (Apr/18)
Low
9.5%
May 02, 05:00
2 days
INR HSBC Manufacturing PMI (Apr)
Low
58.1
58.1
May 02, 11:30
2 days
INR Foreign Exchange Reserves (Apr/25)
Low
$686.15B
May 06, 05:00
6 days
INR HSBC Composite PMI (Apr)
Low
59.5
May 06, 05:00
6 days
INR HSBC Services PMI (Apr)
Low
58.5
May 09, 11:30
9 days
INR Foreign Exchange Reserves (May/02)
Low
May 09, 11:30
9 days
INR Deposit Growth YoY (Apr/25)
Low
10.1%
May 09, 11:30
9 days
INR Bank Loan Growth YoY (Apr/25)
Low
11%
May 13, 10:30
13 days
INR Inflation Rate YoY (Apr)
Medium
3.34%
May 13, 10:30
13 days
INR Inflation Rate MoM (Apr)
Low
-0.26%
May 15, 03:25
14 days
INR Passenger Vehicles Sales YoY (Apr)
Low
May 15, 08:40
15 days
INR Imports (Apr)
Low
May 15, 08:40
15 days
INR Exports (Apr)
Low
May 15, 08:40
15 days
INR Balance of Trade (Apr)
Medium
May 16, 11:30
16 days
INR Foreign Exchange Reserves (May/09)
Low
May 22, 05:00
22 days
INR HSBC Composite PMI (May)
Medium
May 22, 05:00
22 days
INR HSBC Manufacturing PMI (May)
Medium
May 22, 05:00
22 days
INR HSBC Services PMI (May)
Medium
May 23, 11:30
23 days
INR Foreign Exchange Reserves (May/16)
Low
May 23, 11:30
23 days
INR Deposit Growth YoY (May/09)
Low
May 23, 11:30
23 days
INR Bank Loan Growth YoY (May/09)
Low
May 28, 10:30
28 days
INR Industrial Production YoY (Apr)
Medium
May 28, 10:30
28 days
INR Manufacturing Production YoY (Apr)
Medium
May 28, 11:30
28 days
INR M3 Money Supply YoY (May/16)
Low
May 30, 10:30
30 days
INR Government Budget Value (Apr)
Low
May 30, 11:30
30 days
INR Infrastructure Output YoY (Apr)
Low
May 30, 11:30
30 days
INR Foreign Exchange Reserves (May/23)
Low
May 30, 12:00
30 days
INR GDP Growth Rate YoY (Q1)
High
6.2%
6%

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