Economic Calendar

Dhan's Economic Calendar provides a free, consolidated view of upcoming and past macroeconomic events, data releases, and central bank decisions that are relevant to Indian and global financial markets. The following details are available:

Without logging in:

• Event details: All scheduled Indian macroeconomic events, including RBI interest rate decisions, inflation, sales, PMI data and many more, are accessible with their date, time, country, announcement, previous, consensus, and forecast.
• Date range navigation: Two date pickers allow you to view past or upcoming events across any chosen window.
• Event search: Search for a specific announcement by name directly from the calendar.

Login required:

• Global country data: Events from China, Japan, Euro Area, United Kingdom, France, Germany, Italy, and the United States are locked and accessible only after you log in to your Dhan account.

An economic calendar is a list of economic events, such as data releases, central bank decisions, government announcements, and other events that could significantly influence the financial markets. It helps you identify when new information is likely to enter the market. Unlike corporate events, which affect individual stocks, economic releases influence broader market direction.

For example, an RBI policy meeting can affect expectations around interest rates, liquidity, bonds, banks, and other rate-sensitive sectors. Furthermore, the market response depends not only on the event itself but also on what investors were expecting before the announcement.

Here are some economic events that market participants commonly track on an economic calendar:

• Inflation data: CPI and other inflation indicators show how the prices of goods and services are changing. Inflation trends can influence household spending, corporate costs, interest-rate expectations, and monetary policy.
• Interest-rate decisions: RBI and other central-bank meetings can impact borrowing costs, liquidity, bond yields, currencies, and equity valuations. Traders often tend to analyse the rate decision alongside the policy statement or guidance.
• GDP releases: Gross Domestic Product is a broader indicator of economic output and growth. A stronger or weaker than expected GDP reading can influence views on sectors, earnings, and the wider economy.
• PMI data: Manufacturing and services PMI figures provide timely information about business activity, production, new orders, employment, and expansion or contraction.
• Industrial production: IIP data provides insight into industrial and manufacturing activity. It helps investors assess the performance of production-linked sectors and the wider economy.
• Employment data: Labour-market releases can affect expectations around consumption, economic growth, and interest rates. US employment data is also closely watched because of its potential impact on global markets.
• Trade and external-sector data: Balance of Trade, foreign-exchange reserves and current-account data can impact the rupee, external stability and investor sentiment.
• Fiscal policy events: Union Budget announcements, GST Council decisions, and government borrowing directly impact bond markets, sector valuations, and policy-sensitive stocks.

Each row in the Economic Calendar table displays the following data points:

• Date: When the announcement is scheduled.
• Time (IST): The scheduled Indian Standard Time at which the event or data release is expected. Events are sorted chronologically within each date.
• Country: The economy to which the event belongs to. For users without a login, only India's (IN) events are available. After logging in, you can view the economic calendar for China, Japan, the Euro Area, the UK, France, Germany, Italy, and the US.
• Announcement: The name of the economic event.
• Previous: Shows the latest past results of that specific announcement. Provides the baseline against which the new reading is compared.
• Consensus: The market's expectation, based on estimates available before the announcement. It reflects economists' and market participants' expectations.
• Forecast: Shows the forecasted value associated with the upcoming release.

The controls on the Economic Calendar allow traders and investors to filter the schedule and focus on the events most relevant to their strategy:

• Filtering by country: Select specific countries to track only the events relevant to the markets you trade. India's calendar is accessible without login. Accessing the China, Japan, Euro Area, UK, France, Germany, Italy, and US calendars requires logging in to your Dhan account.
• Date range: Two date selectors let you choose a from date and to date and show all economic events in the selected date range.
• Search: Use the search bar to find a specific announcement by name across the full calendar history and schedule.

• Economic indicator: Any statistical measure that indicates the state of a country's economy, its performance and future trajectory. These include inflation, GDP, industrial production and employment, etc.
• Economic surprise: The difference between the reported result and the figure expected by the market.
• Monetary policy: The actions taken by a central bank to influence interest rates, money supply, liquidity, and credit conditions. In India, the RBI's Monetary Policy Committee plays an important role in setting the policy direction.
• Inflation: The rate at which the general prices of goods and services increase over time. High inflation can impact household purchasing power, corporate costs, interest rate expectations and market valuations.
• Gross Domestic Product: GDP measures the value of goods and services produced within an economy during a specified period. It is widely used to assess economic growth and overall activity.
• Purchasing Managers' Index: PMI is a survey-based indicator of business activity in sectors such as manufacturing and services. A reading above 50 generally indicates expansion, while a reading below 50 generally indicates contraction.
• Industrial production: This refers to the total output of a country's industrial sector. It provides insights into production activity and the performance of industrial sectors.
• Employment data: Employment indicators provide insights about job creation, unemployment, wages, and labour-market conditions. These figures can influence expectations around consumption, growth, and monetary policy.

Tracking the economic calendar on Dhan offers the following benefits:

• Single consolidated view: Major data releases from India, the US, Europe, and other key economies can be tracked in one place, eliminating the need to monitor multiple central bank or government websites.
• Regular updates: The figures update as soon as official data is released, giving traders an instant visual gauge of whether the reading beat or missed consensus.
• Historical data access: Past releases can also be accessed across the calendar history, which is useful for understanding how the markets were impacted by specific announcements.
• Integrated workflow: After reviewing the economic calendar, market participants can transition directly to charts, Option chains, or order placement within the Dhan ecosystem.