| (₹ Billion) | | Item | Jan-Mar 2014 (PR) | Jan-Mar 2015 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | 1 Current Account (1.A+1.B+1.C) | 8,920 | 8,995 | –75 | 8,176 | 8,256 | –80 | | 1.A Goods and Services (1.A.a+1.A.b) | 7,680 | 8,363 | –683 | 6,884 | 7,651 | –767 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 5,169 | 7,063 | –1,895 | 4,404 | 6,379 | –1,974 | | 1.A.a.1 General merchandise on a BOP basis | 5,169 | 6,734 | –1,566 | 4,404 | 5,848 | –1,443 | | 1.A.a.2 Net exports of goods under merchanting | – | – | – | – | – | – | | 1.A.a.3 Nonmonetary gold | – | 329 | –329 | – | 531 | –531 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 2,511 | 1,300 | 1,211 | 2,480 | 1,272 | 1,208 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 7 | – | 6 | 1 | 0 | 1 | | 1.A.b.2 Maintenance and repair services n.i.e. | 3 | 4 | –1 | 2 | 4 | –2 | | 1.A.b.3 Transport | 308 | 260 | 47 | 238 | 250 | –11 | | 1.A.b.4 Travel | 310 | 183 | 127 | 352 | 228 | 123 | | 1.A.b.5 Construction | 26 | 18 | 8 | 26 | 20 | 7 | | 1.A.b.6 Insurance and pension services | 36 | 17 | 19 | 31 | 15 | 16 | | 1.A.b.7 Financial services | 84 | 69 | 16 | 86 | 36 | 50 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 13 | 76 | –64 | 5 | 75 | –70 | | 1.A.b.9 Telecommunications, computer, and information services | 1,188 | 70 | 1,118 | 1,232 | 57 | 1,175 | | 1.A.b.10 Other business services | 423 | 415 | 8 | 440 | 466 | –26 | | 1.A.b.11 Personal, cultural, and recreational services | 22 | 15 | 6 | 17 | 19 | –1 | | 1.A.b.12 Government goods and services n.i.e. | 10 | 14 | –5 | 7 | 15 | –8 | | 1.A.b.13 Others n.i.e. | 82 | 157 | –75 | 42 | 87 | –46 | | 1.B Primary Income (1.B.1 to 1.B.3) | 170 | 568 | –397 | 201 | 550 | –348 | | 1.B.1 Compensation of employees | 57 | 52 | 5 | 57 | 43 | 14 | | 1.B.2 Investment income | 94 | 506 | –412 | 110 | 484 | –375 | | 1.B.2.1 Direct investment | 29 | 219 | –190 | 46 | 190 | –144 | | 1.B.2.2 Portfolio investment | 6 | 94 | –88 | 2 | 102 | –100 | | 1.B.2.3 Other investment | 8 | 192 | –184 | 10 | 193 | –182 | | 1.B.2.4 Reserve assets | 51 | – | 51 | 52 | 0 | 52 | | 1.B.3 Other primary income | 20 | 10 | 9 | 34 | 22 | 12 | | 1.C Secondary Income (1.C.1+1.C.2) | 1,070 | 64 | 1,006 | 1,091 | 56 | 1,035 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 1,063 | 62 | 1,001 | 1,089 | 55 | 1,034 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 1,017 | 57 | 960 | 1,056 | 50 | 1,006 | | 1.C.1.2 Other current transfers | 46 | 5 | 41 | 33 | 5 | 28 | | 1.C.2 General government | 7 | 1 | 5 | 2 | 0 | 1 | | 2 Capital Account (2.1+2.2) | 11 | 20 | –9 | 6 | 19 | –13 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 2 | 2 | 1 | – | 1 | –1 | | 2.2 Capital transfers | 8 | 19 | –10 | 6 | 18 | –12 | | 3 Financial Account (3.1 to 3.5) | 7,839 | 7,709 | 130 | 9,283 | 9,249 | 33 | | 3.1 Direct Investment (3.1A+3.1B) | 765 | 709 | 56 | 977 | 379 | 598 | | 3.1.A Direct Investment in India | 676 | 72 | 604 | 870 | 227 | 643 | | 3.1.A.1 Equity and investment fund shares | 647 | 67 | 580 | 785 | 222 | 562 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 495 | 67 | 428 | 632 | 222 | 409 | | 3.1.A.1.2 Reinvestment of earnings | 152 | – | 152 | 153 | – | 153 | | 3.1.A.2 Debt instruments | 30 | 5 | 25 | 85 | 4 | 81 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 30 | 5 | 25 | 85 | 4 | 81 | | 3.1.B Direct Investment by India | 89 | 637 | –548 | 107 | 152 | –45 | | 3.1.B.1 Equity and investment fund shares | 89 | 594 | –505 | 107 | 95 | 12 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 89 | 575 | –486 | 107 | 79 | 28 | | 3.1.B.1.2 Reinvestment of earnings | – | 18 | –18 | – | 16 | –16 | | 3.1.B.2 Debt instruments | – | 43 | –43 | – | 57 | –57 | | 3.1.B.2.1 Direct investor in direct investment enterprises | – | 43 | –43 | – | 57 | –57 | | 3.2 Portfolio Investment | 3,343 | 2,771 | 572 | 4,199 | 3,424 | 775 | | 3.2.A Portfolio Investment in India | 3,336 | 2,748 | 588 | 4,187 | 3,413 | 774 | | 3.2.1 Equity and investment fund shares | 2,301 | 2,099 | 202 | 3,360 | 3,009 | 352 | | 3.2.2 Debt securities | 1,036 | 649 | 387 | 827 | 404 | 422 | | 3.2.B Portfolio Investment by India | 7 | 23 | –16 | 12 | 11 | 1 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 297 | 90 | 207 | 138 | 289 | –151 | | 3.4 Other investment | 3,434 | 3,699 | –266 | 3,968 | 3,281 | 687 | | 3.4.1 Other equity (ADRs/GDRs) | – | – | – | – | – | – | | 3.4.2 Currency and deposits | 1,023 | 781 | 242 | 1,124 | 801 | 323 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 10 | – | 10 | 74 | – | 74 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 1,012 | 781 | 231 | 1,050 | 801 | 249 | | 3.4.2.3 General government | – | – | – | – | – | – | | 3.4.2.4 Other sectors | – | – | – | – | – | – | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 1,003 | 981 | 21 | 876 | 938 | –62 | | 3.4.3.A Loans to India | 969 | 958 | 12 | 851 | 929 | –78 | | 3.4.3.B Loans by India | 33 | 24 | 9 | 25 | 9 | 16 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 10 | 3 | 7 | 3 | 3 | –0 | | 3.4.5 Trade credit and advances | 1,208 | 1,484 | –276 | 1,595 | 1,483 | 112 | | 3.4.6 Other accounts receivable/payable - other | 191 | 450 | –260 | 371 | 56 | 315 | | 3.4.7 Special drawing rights | – | – | – | – | – | – | | 3.5 Reserve assets | – | 439 | –439 | – | 1,876 | –1,876 | | 3.5.1 Monetary gold | – | – | – | – | – | – | | 3.5.2 Special drawing rights n.a. | – | – | – | – | – | – | | 3.5.3 Reserve position in the IMF n.a. | – | – | – | – | – | – | | 3.5.4 Other reserve assets (Foreign Currency Assets) | – | 439 | –439 | – | 1,876 | –1,876 | | 4 Total assets/liabilities | 7,839 | 7,709 | 130 | 9,283 | 9,249 | 33 | | 4.1 Equity and investment fund shares | 3,351 | 2,876 | 475 | 4,406 | 3,630 | 776 | | 4.2 Debt instruments | 4,298 | 3,944 | 354 | 4,506 | 3,687 | 819 | | 4.3 Other financial assets and liabilities | 191 | 889 | –699 | 371 | 1,933 | –1,562 | | 5 Net errors and omissions | – | 46 | –46 | 60 | – | 60 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |