| (₹ Billion) | | 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) | 8,717 | 9,194 | -477 | 8,079 | 8,545 | -466 | | 1.A Goods and Services (1.A.a+1.A.b) | 7,416 | 8,572 | -1,155 | 6,778 | 7,828 | -1,050 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 4,961 | 7,354 | -2,393 | 4,281 | 6,523 | -2,242 | | 1.A.a.1 General merchandise on a BOP basis | 4,961 | 6,664 | -1,703 | 4,230 | 5,927 | -1,698 | | 1.A.a.2 Net exports of goods under merchanting | – | – | – | 51 | – | 51 | | 1.A.a.3 Nonmonetary gold | – | 690 | -690 | – | 595 | -595 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 2,456 | 1,218 | 1,238 | 2,497 | 1,305 | 1,192 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 2 | – | 1 | 2 | 1 | 1 | | 1.A.b.2 Maintenance and repair services n.i.e. | 4 | 3 | 1 | 2 | 6 | -4 | | 1.A.b.3 Transport | 291 | 255 | 35 | 218 | 227 | -9 | | 1.A.b.4 Travel | 338 | 228 | 111 | 380 | 221 | 159 | | 1.A.b.5 Construction | 22 | 17 | 5 | 23 | 12 | 11 | | 1.A.b.6 Insurance and pension services | 35 | 19 | 16 | 30 | 22 | 8 | | 1.A.b.7 Financial services | 83 | 46 | 37 | 63 | 58 | 5 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 11 | 81 | -69 | 9 | 82 | -73 | | 1.A.b.9 Telecommunications, computer, and information services | 1,194 | 72 | 1,122 | 1,291 | 63 | 1,229 | | 1.A.b.10 Other business services | 446 | 438 | 9 | 439 | 503 | -64 | | 1.A.b.11 Personal, cultural, and recreational services | 18 | 25 | -7 | 17 | 11 | 7 | | 1.A.b.12 Government goods and services n.i.e. | 10 | 14 | -4 | 10 | 8 | 2 | | 1.A.b.13 Others n.i.e. | 2 | 21 | -19 | 14 | 91 | -78 | | 1.B Primary Income (1.B.1 to 1.B.3) | 215 | 555 | -340 | 250 | 673 | -423 | | 1.B.1 Compensation of employees | 57 | 38 | 19 | 58 | 37 | 21 | | 1.B.2 Investment income | 133 | 514 | -380 | 153 | 629 | -476 | | 1.B.2.1 Direct investment | 79 | 194 | -114 | 89 | 268 | -179 | | 1.B.2.2 Portfolio investment | 2 | 103 | -101 | 3 | 154 | -151 | | 1.B.2.3 Other investment | 6 | 217 | -211 | 10 | 207 | -197 | | 1.B.2.4 Reserve assets | 46 | – | 46 | 51 | 0 | 50 | | 1.B.3 Other primary income | 24 | 3 | 21 | 40 | 7 | 33 | | 1.C Secondary Income (1.C.1+1.C.2) | 1,085 | 67 | 1,018 | 1,050 | 44 | 1,006 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 1,078 | 55 | 1,023 | 1,040 | 31 | 1,009 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 1,039 | 50 | 989 | 1,007 | 27 | 980 | | 1.C.1.2 Other current transfers | 39 | 5 | 34 | 32 | 4 | 29 | | 1.C.2 General government | 7 | 12 | -5 | 10 | 13 | -3 | | 2 Capital Account (2.1+2.2) | 12 | 5 | 7 | 4 | 3 | 1 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 9 | 1 | 8 | 1 | 0 | 0 | | 2.2 Capital transfers | 2 | 4 | -1 | 4 | 3 | 1 | | 3 Financial Account (3.1 to 3.5) | 7,615 | 7,023 | 592 | 7,575 | 7,150 | 425 | | 3.1 Direct Investment (3.1A+3.1B) | 720 | 292 | 428 | 1,124 | 413 | 711 | | 3.1.A Direct Investment in India | 609 | 133 | 475 | 1,080 | 158 | 922 | | 3.1.A.1 Equity and investment fund shares | 568 | 129 | 439 | 1,039 | 156 | 883 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 409 | 129 | 280 | 865 | 156 | 710 | | 3.1.A.1.2 Reinvestment of earnings | 159 | – | 159 | 173 | – | 173 | | 3.1.A.2 Debt instruments | 40 | 4 | 36 | 41 | 2 | 39 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 40 | 4 | 36 | 41 | 2 | 39 | | 3.1.B Direct Investment by India | 111 | 159 | -47 | 44 | 255 | -211 | | 3.1.B.1 Equity and investment fund shares | 111 | 115 | -4 | 44 | 182 | -138 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 111 | 63 | 48 | 44 | 127 | -83 | | 3.1.B.1.2 Reinvestment of earnings | – | 52 | -52 | – | 55 | -55 | | 3.1.B.2 Debt instruments | – | 43 | -43 | – | 73 | -73 | | 3.1.B.2.1 Direct investor in direct investment enterprises | – | 43 | -43 | – | 73 | -73 | | 3.2 Portfolio Investment | 3,442 | 3,053 | 389 | 3,024 | 3,038 | -14 | | 3.2.A Portfolio Investment in India | 3,428 | 3,047 | 381 | 3,017 | 3,030 | -13 | | 3.2.1 Equity and investment fund shares | 2,538 | 2,522 | 15 | 2,368 | 2,449 | -81 | | 3.2.2 Debt securities | 891 | 525 | 366 | 648 | 581 | 68 | | 3.2.B Portfolio Investment by India | 14 | 6 | 8 | 7 | 8 | -1 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 195 | 261 | -66 | 222 | 184 | 38 | | 3.4 Other investment | 3,257 | 2,600 | 657 | 3,206 | 3,248 | -42 | | 3.4.1 Other equity (ADRs/GDRs) | – | – | – | – | – | – | | 3.4.2 Currency and deposits | 917 | 676 | 241 | 780 | 678 | 102 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 20 | – | 20 | – | – | 0 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 898 | 676 | 222 | 780 | 678 | 102 | | 3.4.2.3 General government | – | – | – | – | – | – | | 3.4.2.4 Other sectors | – | – | – | – | – | – | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 1,105 | 686 | 419 | 909 | 962 | -53 | | 3.4.3.A Loans to India | 1,079 | 678 | 401 | 879 | 940 | -61 | | 3.4.3.B Loans by India | 26 | 8 | 18 | 29 | 22 | 8 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 13 | 8 | 5 | 20 | 29 | -9 | | 3.4.5 Trade credit and advances | 1,088 | 1,172 | -84 | 1,367 | 1,484 | -118 | | 3.4.6 Other accounts receivable/payable - other | 134 | 58 | 76 | 130 | 95 | 35 | | 3.4.7 Special drawing rights | – | – | – | – | – | – | | 3.5 Reserve assets | – | 816 | -816 | – | 267 | -267 | | 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) | – | 816 | -816 | – | 267 | -267 | | 4 Total assets/liabilities | 7,615 | 7,023 | 592 | 7,575 | 7,150 | 425 | | 4.1 Equity and investment fund shares | 3,439 | 3,042 | 397 | 3,700 | 3,007 | 693 | | 4.2 Debt instruments | 4,042 | 3,106 | 935 | 3,745 | 3,780 | -35 | | 4.3 Other financial assets and liabilities | 134 | 875 | -741 | 130 | 362 | -232 | | 5 Net errors and omissions | – | 121 | -121 | 40 | – | 40 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |