The timetable · public — bring your brother-in-law

The system runs on a schedule.

CPI lands on the 12th. WPI on the 14th. IIP on the 28th. The MPC meets six times a year on dates the RBI publishes every March, and money-supply data drops every Friday at five. None of this is secret — it is just never in one place. Here it is in one place, with what to watch in each print. The whole point of the course is that when the number drops, you already know what question to ask it.

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Next MPC decision

—

Next CPI print

—

the 12th rule

Next GDP quarter

—

This Friday, 17:00

RBI weekly data

money supply · forex reserves

Next up

The dated list

FY27 · updates when RBI/MoSPI publish

July 2026

13Jul 2026

CPI inflation (NSO) shifted

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

14Jul 2026

WPI inflation (DPIIT)

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

28Jul 2026

IIP — industrial production (NSO)

16:00 IST · Factory output, ~6 weeks after the reference month.

data

29Jul 2026

US FOMC decision — July

23:30 IST · Fed statement 14:00 ET. He shares the statement and the projections table, then tells you what is not knowledge.

global

August 2026

5Aug 2026

RBI MPC decision (Aug meeting)

10:00 IST · Bi-monthly policy. Governor announces ~10:00 after the three-day meeting. Watch the stance and the vote split, not just the rate.

rbi

12Aug 2026

CPI inflation (NSO)

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

14Aug 2026

WPI inflation (DPIIT)

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

28Aug 2026

IIP — industrial production (NSO)

16:00 IST · Factory output, ~6 weeks after the reference month.

data

31Aug 2026

GDP Q1 FY27 (NSO)

16:00 IST · First quarter print on the new 2022-23 base. His rule: look at moving averages, not one quarter.

data

September 2026

14Sep 2026

CPI inflation (NSO) shifted

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

14Sep 2026

WPI inflation (DPIIT)

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

16Sep 2026

US FOMC decision — September (projections)

23:30 IST · Fed statement 14:00 ET. He shares the statement and the projections table, then tells you what is not knowledge.

global

28Sep 2026

IIP — industrial production (NSO)

16:00 IST · Factory output, ~6 weeks after the reference month.

data

October 2026

7Oct 2026

RBI MPC decision (Oct meeting)

10:00 IST · Bi-monthly policy. Governor announces ~10:00 after the three-day meeting. Watch the stance and the vote split, not just the rate.

rbi

7Oct 2026

RBI Monetary Policy Report (half-yearly)

10:00 IST · Published with the October policy — the RBI's own inflation-growth model, laid bare.

rbi

12Oct 2026

CPI inflation (NSO)

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

14Oct 2026

WPI inflation (DPIIT)

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

28Oct 2026

IIP — industrial production (NSO)

16:00 IST · Factory output, ~6 weeks after the reference month.

data

28Oct 2026

US FOMC decision — October

23:30 IST · Fed statement 14:00 ET. He shares the statement and the projections table, then tells you what is not knowledge.

global

November 2026

12Nov 2026

CPI inflation (NSO)

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

16Nov 2026

WPI inflation (DPIIT) shifted

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

30Nov 2026

IIP — industrial production (NSO) shifted

16:00 IST · Factory output, ~6 weeks after the reference month.

data

30Nov 2026

GDP Q2 FY27 (NSO)

16:00 IST · Second quarter + first-half picture.

data

December 2026

4Dec 2026

RBI MPC decision (Dec meeting)

10:00 IST · Bi-monthly policy. Governor announces ~10:00 after the three-day meeting. Watch the stance and the vote split, not just the rate.

rbi

9Dec 2026

US FOMC decision — December (projections)

23:30 IST · Fed statement 14:00 ET. He shares the statement and the projections table, then tells you what is not knowledge.

global

14Dec 2026

CPI inflation (NSO) shifted

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

14Dec 2026

WPI inflation (DPIIT)

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

28Dec 2026

IIP — industrial production (NSO)

16:00 IST · Factory output, ~6 weeks after the reference month.

data

30Dec 2026

RBI Financial Stability Report (tentative)

Half-yearly stress-test of the banking system. End-December; date firms up close to release.

rbi

January 2027

12Jan 2027

CPI inflation (NSO)

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

14Jan 2027

WPI inflation (DPIIT)

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

28Jan 2027

IIP — industrial production (NSO)

16:00 IST · Factory output, ~6 weeks after the reference month.

data

29Jan 2027

Economic Survey (tentative)

Tabled a day before the Budget, usually. The chapters are better than the coverage of them.

fiscal

February 2027

1Feb 2027

Union Budget FY28

11:00 IST · Watch G, T and the borrowing number — the fiscal impulse, not the speech. (His 2025 verdict: no short-term stimulus; don't use 1/(1-MPC) on LinkedIn.)

fiscal

5Feb 2027

RBI MPC decision (Feb meeting)

10:00 IST · Bi-monthly policy. Governor announces ~10:00 after the three-day meeting. Watch the stance and the vote split, not just the rate.

rbi

12Feb 2027

CPI inflation (NSO)

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

15Feb 2027

WPI inflation (DPIIT) shifted

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

26Feb 2027

GDP Q3 FY27 + Second Advance Estimates (NSO)

16:00 IST · The print the Budget arithmetic leans on.

data

March 2027

1Mar 2027

IIP — industrial production (NSO) shifted

16:00 IST · Factory output, ~6 weeks after the reference month.

data

12Mar 2027

CPI inflation (NSO)

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

15Mar 2027

WPI inflation (DPIIT) shifted

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

29Mar 2027

IIP — industrial production (NSO) shifted

16:00 IST · Factory output, ~6 weeks after the reference month.

data

April 2027

12Apr 2027

CPI inflation (NSO)

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

14Apr 2027

WPI inflation (DPIIT)

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

28Apr 2027

IIP — industrial production (NSO)

16:00 IST · Factory output, ~6 weeks after the reference month.

data

May 2027

12May 2027

CPI inflation (NSO)

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

14May 2027

WPI inflation (DPIIT)

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

28May 2027

IIP — industrial production (NSO)

16:00 IST · Factory output, ~6 weeks after the reference month.

data

31May 2027

GDP Q4 + Provisional FY27 annual (NSO)

16:00 IST · Full-year provisional estimate.

data

June 2027

14Jun 2027

CPI inflation (NSO) shifted

16:00 IST · Retail inflation, the MPC's target variable (4% +/-2). New 2024 base since Feb 2026.

data

14Jun 2027

WPI inflation (DPIIT)

12:00 IST · Wholesale prices — no services in the basket; moves before CPI.

data

28Jun 2027

IIP — industrial production (NSO)

16:00 IST · Factory output, ~6 weeks after the reference month.

data

The rules of the month

memorise these, skip the news alerts

12th of every month

CPI inflation

NSO / MoSPI · 16:00 IST; next working day if holiday. The MPC's target variable.

14th of every month

WPI inflation

Office of the Economic Adviser, DPIIT · Wholesale basket, no services.

28th of every month

IIP

NSO / MoSPI · Industrial production, ~6-week lag.

1st of every month

GST collections; PMI (mfg 1st, services 3rd business day); auto sales

GSTN / S&P Global / SIAM · The fast indicators.

~15th of every month

Merchandise trade data

Ministry of Commerce · Exports, imports, the deficit.

Every Friday, 17:00

Weekly Statistical Supplement (money supply, forex reserves)

RBI · Alternate Fridays add fortnightly bank credit & deposit growth — the series behind the 2024 deposit-growth fight.

Mid-month

RBI monthly Bulletin

RBI · The State of the Economy chapter is a free macro briefing. Original data, not newspaper summaries.

6 times a year

MPC bi-monthly policy

RBI · Three-day meetings; decision on day 3 at 10:00. FY27: Apr, Jun, Aug, Oct, Dec, Feb.

8 times a year

US FOMC

Federal Reserve · 14:00 ET. Projections in Mar/Jun/Sep/Dec.

Sources: RBI MPC calendar for FY27 (published 23 Mar 2026), MoSPI advance release calendar, federalreserve.gov. Dates marked tentative firm up close to release; the 12th/14th/28th rules shift to the next working day over holidays. FY28 MPC dates appear here when the RBI publishes them (~March 2027).