MACRO BACKDROP · 14 METRICS · LIVE

India macro dashboard — RBI, CPI, yields, FX, commodities.

14 metrics across 3 importance tiers: critical (repo rate, CPI, 10Y G-Sec, USD/INR), high (IIP, PMI, GDP, Brent, FX reserves), watch (fiscal deficit, DXY, core CPI, gold). Updated continuously from RBI + CSO + Stooq + NSE — with plain-English direction arrows and automatic commentary on major moves.

RBI + CSO official releases · Stooq FX + commodities · as of Live — each metric updates on its own release cadence. Curated reference — verify against the authoritative source before making any investment decision. Refreshed periodically, not continuously.

Sources: RBI data releases · MoSPI (CPI/IIP/GDP) · Stooq global FX + commodities

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FII / DII cash-market flows · 20-day

Institutional positioning · sourced from NSE daily publications

Full flows view →
FII net (20d)
+₹0 Cr
DII net (20d)
+₹0 Cr
Net combined
+₹0 Cr
Signal
Mixed flows

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The 14 metrics, and why each matters

  • RBI repo rate — the policy rate. Every FD, PPF, and home loan rate is downstream of this. Currently 5.25% (held at 8 Apr 2026 MPC; cumulative 100 bps of cuts in this cycle).
  • CPI inflation (YoY) — headline consumer price index. RBI target: 4% ± 2%.
  • Core CPI — ex-food, ex-fuel. The sticky underlying inflation rate RBI actually targets.
  • 10Y G-Sec yield — the risk-free rate the market uses to discount future cash flows. Equity valuations move inversely.
  • USD/INR — a rising USD = FIIs selling (capital flowing out) and import costs up.
  • IIP, PMI, GDP — growth barometers. PMI is the best leading indicator (monthly vs quarterly GDP).
  • Brent crude — India imports ~85% of its oil. High Brent = current-account widening + inflation pass-through.
  • FX reserves — RBI's war chest to defend the rupee. Currently >$700 bn.
  • DXY — dollar strength index. Rising DXY = EM outflow pressure.
  • Gold — safe-haven flow indicator + actual physical demand in India (weddings, festivals, inflation hedge).

RBI MPC schedule (FY26)

  • • 8 Apr 2026 (done) — held at 5.25% · neutral stance
  • • 5-6 Jun 2026 — next MPC
  • • 6-7 Aug 2026
  • • 1-3 Oct 2026
  • • 3-5 Dec 2026
  • • 4-6 Feb 2027

Rate-decision days are high-volatility. If you have F&O exposure around MPC, consider hedging weekly options both ways.

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Research tool · not investment advice.

Axel Markets is an information + analytics product. We are not a SEBI-registered Research Analyst (RA) or Investment Adviser (IA). Nothing on this page is a buy, sell, or hold recommendation. Past performance is not indicative of future returns. Verify all data against the authoritative source (NSE, BSE, AMFI, SEBI, company RHP / factsheet) before acting. Macro data is compiled from RBI / CSO official releases on their published release cadence. Realised market reactions often deviate from headline numbers — pair with technical + positioning signals.