Stock Market and Economy · Intermediate
Indian economy and markets
Growth, rates, inflation, flows and valuation, and how to turn the macro picture into a simple story for a client.
What is inside
15 short lessons. Each ends with a quiz, so you know what you have learnt.
Growth, rates and inflation
- India's size and speed
- Consumption: India's growth engine
- The RBI rate cycle 2025–26
- Inflation and real returns
- Rate hikes and portfolio positioning
Flows, budgets and valuation
- The Budget and government capex
- Rupee, crude and FPIs
- Financialisation of household savings
- DIIs vs FPIs
- Valuation literacy
Sectors, global links and the client story
- Sector map of the market
- The capex and infra cycle
- Global links: tariffs, Fed, dollar
- Data calendar every RM should know
- Macro story for clients
Try a question
Q1. India's real GDP growth in FY26 (provisional):
- 7.7%
- 4.2%
- 9.5%
- 5.1%
Show the answer
A. MoSPI provisional estimate.
Q2. Private consumption as a share of India's GDP:
- About 58%
- About 15%
- About 90%
- About 30%
Show the answer
A. Largest component.
Frequently asked questions
Is the Indian economy and markets course free?
Yes. Lessons, quizzes and practice are free. Sign in once with your mobile number or Google to start.
Who is the Indian economy and markets course for?
It is a intermediate-level course with 15 short lessons, written in plain language for beginners and for people who advise others on money.
Can I learn this in Hindi or Gujarati?
The app screens switch between English, Hindi and Gujarati at any time, and many quiz questions have translations. Lesson text is in English for now.
Do I get a certificate?
Yes. Pass the course exams to earn a certificate that anyone can verify online.
Is this investment advice?
No. It is education only. Speak to a qualified adviser before you act on your own money.
Related courses
UpperCrust Academy is independent study material from UpperCrust Wealth. It is not affiliated with NISM, SEBI or AMFI. For education only. Not investment advice. Always confirm the latest syllabus and rules on the official NISM website.