| (US $ Million) | | Item | Oct-Dec 2014 (PR) | Oct-Dec 2015 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | 1 Current Account (1.A+1.B+1.C) | 140,748 | 148,457 | –7,709 | 122,544 | 129,615 | –7,071 | | 1.A Goods and Services (1.A.a+1.A.b) | 119,750 | 138,403 | –18,653 | 102,822 | 118,743 | –15,921 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 80,102 | 118,736 | –38,635 | 64,937 | 98,941 | –34,004 | | 1.A.a.1 General merchandise on a BOP basis | 80,102 | 107,593 | –27,491 | 64,162 | 89,915 | –25,753 | | 1.A.a.2 Net exports of goods under merchanting | – | – | – | 776 | – | 776 | | 1.A.a.3 Nonmonetary gold | – | 11,143 | –11,143 | – | 9,027 | –9,027 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 39,648 | 19,666 | 19,982 | 37,885 | 19,802 | 18,083 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 28 | 5 | 24 | 24 | 10 | 14 | | 1.A.b.2 Maintenance and repair services n.i.e. | 66 | 54 | 12 | 37 | 93 | –56 | | 1.A.b.3 Transport | 4,698 | 4,125 | 573 | 3,310 | 3,450 | –140 | | 1.A.b.4 Travel | 5,461 | 3,676 | 1,786 | 5,761 | 3,352 | 2,409 | | 1.A.b.5 Construction | 351 | 273 | 78 | 345 | 180 | 165 | | 1.A.b.6 Insurance and pension services | 570 | 314 | 256 | 449 | 334 | 115 | | 1.A.b.7 Financial services | 1,334 | 736 | 598 | 958 | 887 | 72 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 181 | 1,300 | –1,120 | 130 | 1,245 | –1,114 | | 1.A.b.9 Telecommunications, computer, and information services | 19,279 | 1,155 | 18,124 | 19,590 | 949 | 18,641 | | 1.A.b.10 Other business services | 7,207 | 7,068 | 139 | 6,667 | 7,633 | –967 | | 1.A.b.11 Personal, cultural, and recreational services | 289 | 403 | –114 | 261 | 161 | 100 | | 1.A.b.12 Government goods and services n.i.e. | 158 | 224 | –66 | 147 | 123 | 25 | | 1.A.b.13 Others n.i.e. | 26 | 334 | –309 | 205 | 1,385 | –1,180 | | 1.B Primary Income (1.B.1 to 1.B.3) | 3,471 | 8,968 | –5,497 | 3,798 | 10,207 | –6,409 | | 1.B.1 Compensation of employees | 926 | 617 | 309 | 880 | 564 | 316 | | 1.B.2 Investment income | 2,153 | 8,296 | –6,143 | 2,318 | 9,538 | –7,220 | | 1.B.2.1 Direct investment | 1,283 | 3,126 | –1,843 | 1,352 | 4,062 | –2,710 | | 1.B.2.2 Portfolio investment | 29 | 1,662 | –1,633 | 42 | 2,336 | –2,294 | | 1.B.2.3 Other investment | 97 | 3,507 | –3,410 | 159 | 3,139 | –2,981 | | 1.B.2.4 Reserve assets | 744 | 1 | 744 | 766 | 1 | 766 | | 1.B.3 Other primary income | 392 | 55 | 338 | 600 | 105 | 495 | | 1.C Secondary Income (1.C.1+1.C.2) | 17,527 | 1,086 | 16,441 | 15,925 | 665 | 15,259 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 17,406 | 885 | 16,521 | 15,773 | 469 | 15,305 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 16,773 | 803 | 15,970 | 15,282 | 412 | 14,869 | | 1.C.1.2 Other current transfers | 633 | 82 | 551 | 492 | 57 | 435 | | 1.C.2 General government | 121 | 201 | –80 | 151 | 197 | –46 | | 2 Capital Account (2.1+2.2) | 191 | 81 | 111 | 64 | 46 | 18 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 152 | 23 | 129 | 10 | 5 | 5 | | 2.2 Capital transfers | 39 | 58 | –18 | 54 | 41 | 13 | | 3 Financial Account (3.1 to 3.5) | 122,951 | 113,392 | 9,559 | 114,909 | 108,457 | 6,452 | | 3.1 Direct Investment (3.1A+3.1B) | 11,625 | 4,712 | 6,913 | 17,050 | 6,265 | 10,785 | | 3.1.A Direct Investment in India | 9,826 | 2,152 | 7,674 | 16,383 | 2,399 | 13,984 | | 3.1.A.1 Equity and investment fund shares | 9,174 | 2,084 | 7,090 | 15,757 | 2,363 | 13,394 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 6,605 | 2,084 | 4,521 | 13,127 | 2,363 | 10,763 | | 3.1.A.1.2 Reinvestment of earnings | 2,569 | – | 2,569 | 2,631 | – | 2,631 | | 3.1.A.2 Debt instruments | 652 | 68 | 584 | 626 | 36 | 590 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 652 | 68 | 584 | 626 | 36 | 590 | | 3.1.B Direct Investment by India | 1,799 | 2,560 | –761 | 667 | 3,866 | –3,199 | | 3.1.B.1 Equity and investment fund shares | 1,799 | 1,859 | –59 | 667 | 2,755 | –2,088 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 1,799 | 1,025 | 775 | 667 | 1,921 | –1,254 | | 3.1.B.1.2 Reinvestment of earnings | – | 834 | –834 | – | 834 | –834 | | 3.1.B.2 Debt instruments | – | 701 | –701 | – | 1,111 | –1,111 | | 3.1.B.2.1 Direct investor in direct investment enterprises | – | 701 | –701 | – | 1,111 | –1,111 | | 3.2 Portfolio Investment | 55,583 | 49,303 | 6,280 | 45,869 | 46,078 | –209 | | 3.2.A Portfolio Investment in India | 55,354 | 49,204 | 6,150 | 45,758 | 45,957 | –200 | | 3.2.1 Equity and investment fund shares | 40,972 | 40,728 | 243 | 35,921 | 37,148 | –1,228 | | 3.2.2 Debt securities | 14,382 | 8,475 | 5,906 | 9,837 | 8,809 | 1,028 | | 3.2.B Portfolio Investment by India | 230 | 99 | 130 | 111 | 121 | –9 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 3,146 | 4,209 | –1,063 | 3,362 | 2,788 | 574 | | 3.4 Other investment | 52,596 | 41,987 | 10,610 | 48,628 | 49,270 | –642 | | 3.4.1 Other equity (ADRs/GDRs) | – | – | – | – | – | – | | 3.4.2 Currency and deposits | 14,808 | 10,910 | 3,898 | 11,831 | 10,279 | 1,552 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 315 | – | 315 | 2 | – | 2 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 14,493 | 10,910 | 3,583 | 11,829 | 10,279 | 1,550 | | 3.4.2.3 General government | – | – | – | – | – | – | | 3.4.2.4 Other sectors | – | – | – | – | – | – | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 17,847 | 11,079 | 6,768 | 13,787 | 14,595 | –808 | | 3.4.3.A Loans to India | 17,422 | 10,945 | 6,477 | 13,339 | 14,266 | –927 | | 3.4.3.B Loans by India | 425 | 135 | 291 | 447 | 329 | 118 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 211 | 135 | 76 | 311 | 441 | –130 | | 3.4.5 Trade credit and advances | 17,570 | 18,923 | –1,353 | 20,729 | 22,515 | –1,786 | | 3.4.6 Other accounts receivable/payable - other | 2,161 | 940 | 1,221 | 1,970 | 1,440 | 530 | | 3.4.7 Special drawing rights | – | – | – | – | – | – | | 3.5 Reserve assets | – | 13,182 | –13,182 | – | 4,056 | –4,056 | | 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) | – | 13,182 | –13,182 | – | 4,056 | –4,056 | | 4 Total assets/liabilities | 122,951 | 113,392 | 9,559 | 114,909 | 108,457 | 6,452 | | 4.1 Equity and investment fund shares | 55,531 | 49,114 | 6,417 | 56,129 | 45,616 | 10,513 | | 4.2 Debt instruments | 65,259 | 50,156 | 15,103 | 56,810 | 57,345 | –535 | | 4.3 Other financial assets and liabilities | 2,161 | 14,121 | –11,961 | 1,970 | 5,497 | –3,526 | | 5 Net errors and omissions | – | 1,961 | –1,961 | 601 | – | 601 | | Note : Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |