Economic Calendar

Economic Calendar – February 2025

Stay updated with key financial and market-moving events in India. Here’s what to expect for the remainder of the month:

Upcoming Events

February 20, 2025

GST Payment Outflows: The Reserve Bank of India (RBI) anticipates liquidity tightening due to an expected outflow of ₹1.6 to ₹2 trillion for Goods and Services Tax (GST) payments.

February 21, 2025

10:30 AM IST: HSBC Flash Manufacturing, Services, and Composite PMI data release for February.
5:00 PM IST: Publication of the RBI’s February monetary policy meeting minutes, offering insights into future monetary policy directions.

Market Holidays

February 26, 2025: Indian markets will remain closed for Mahashivratri.

Recent Economic Highlights

Union Budget 2025-26 (February 1, 2025):

Presented by Finance Minister Nirmala Sitharaman.

Key tax changes:

Income up to ₹1.2 million is now tax-free.
Revised tax brackets for individuals earning up to ₹2.4 million.

RBI Interest Rate Cut (February 7, 2025):

The RBI reduced its repo rate to 6.25%, with further cuts expected in the coming quarter to boost economic growth.

Aero India 2025 (February 10–14, 2025):

Held in Bengaluru, this biennial air show featured significant advancements in aerospace and defense, attracting global investors and defense contractors.

Market Impact

These economic events and policy updates will play a crucial role in shaping India’s financial markets, affecting currency exchange rates, stock indices, and investor sentiment.

Stay tuned for more updates from Mudra FX Trading Platform.