| (US$ Million) |
| Item / Quarter | April-June 2024 | July-September 2024 |
| Credit | Debit | Net | Credit | Debit | Net |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 1 Current Account (1.A+1.B+1.C) | 246012 | 250466 | -4454 | 245798 | 266630 | -20832 |
| 1.A Goods and Services (1.A.a+1.A.b) | 203803 | 223747 | -19943 | 194051 | 238120 | -44069 |
| 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 115169 | 174963 | -59794 | 100645 | 189176 | -88530 |
| 1.A.a.1 General merchandise on a BOP basis | 115131 | 166616 | -51485 | 100660 | 168484 | -67825 |
| 1.A.a.2 Net exports of goods under merchanting | 39 | - | 39 | -14 | - | -14 |
| 1.A.a.3 Nonmonetary gold | - | 8347 | -8347 | - | 20691 | -20691 |
| 1.A.b Services (1.A.b.1 to 1.A.b.13) | 88634 | 48784 | 39850 | 93406 | 48945 | 44461 |
| 1.A.b.1 Manufacturing services on physical inputs owned by others | 268 | 22 | 246 | 276 | 20 | 256 |
| 1.A.b.2 Maintenance and repair services n.i.e. | 81 | 238 | -157 | 90 | 263 | -172 |
| 1.A.b.3 Transport | 8656 | 8609 | 47 | 8668 | 9188 | -520 |
| 1.A.b.4 Travel | 7352 | 9171 | -1819 | 7635 | 9367 | -1732 |
| 1.A.b.5 Construction | 1478 | 563 | 915 | 1263 | 951 | 312 |
| 1.A.b.6 Insurance and pension services | 923 | 593 | 329 | 885 | 786 | 100 |
| 1.A.b.7 Financial services | 2215 | 1267 | 948 | 2190 | 1265 | 926 |
| 1.A.b.8 Charges for the use of intellectual property n.i.e. | 341 | 4448 | -4107 | 448 | 3877 | -3428 |
| 1.A.b.9 Telecommunications, computer, and information services | 42541 | 5215 | 37326 | 44772 | 5333 | 39439 |
| 1.A.b.10 Other business services | 23000 | 16625 | 6375 | 25176 | 15548 | 9628 |
| 1.A.b.11 Personal, cultural, and recreational services | 1175 | 1249 | -74 | 1107 | 1794 | -688 |
| 1.A.b.12 Government goods and services n.i.e. | 161 | 309 | -147 | 147 | 316 | -169 |
| 1.A.b.13 Others n.i.e. | 444 | 475 | -31 | 747 | 238 | 509 |
| 1.B Primary Income (1.B.1 to 1.B.3) | 12689 | 23535 | -10846 | 16472 | 25665 | -9193 |
| 1.B.1 Compensation of employees | 2137 | 978 | 1159 | 1995 | 1023 | 972 |
| 1.B.2 Investment income | 8660 | 21933 | -13273 | 13047 | 24205 | -11158 |
| 1.B.2.1 Direct investment | 3384 | 12672 | -9288 | 2923 | 12884 | -9961 |
| 1.B.2.2 Portfolio investment | 70 | 2411 | -2341 | 78 | 4152 | -4074 |
| 1.B.2.3 Other investment | 1110 | 6630 | -5520 | 1168 | 6945 | -5778 |
| 1.B.2.4 Reserve assets | 4095 | 220 | 3876 | 8878 | 223 | 8655 |
| 1.B.3 Other primary income | 1892 | 624 | 1268 | 1430 | 438 | 992 |
| 1.C Secondary Income (1.C.1+1.C.2) | 29520 | 3185 | 26335 | 35275 | 2844 | 32430 |
| 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 29502 | 2904 | 26598 | 35247 | 2564 | 32683 |
| 1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households) | 28644 | 1989 | 26655 | 34422 | 1803 | 32619 |
| 1.C.1.2 Other current transfers | 857 | 914 | -57 | 826 | 761 | 64 |
| 1.C.2 General government | 18 | 281 | -263 | 27 | 280 | -253 |
| 2 Capital Account (2.1+2.2) | 185 | 150 | 35 | 186 | 197 | -11 |
| 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 4 | 45 | -41 | 7 | 68 | -61 |
| 2.2 Capital transfers | 182 | 105 | 76 | 179 | 129 | 50 |
| 3 Financial Account (3.1 to 3.5) | 262634 | 258988 | 3646 | 317198 | 295906 | 21292 |
| 3.1 Direct Investment (3.1A+3.1B) | 23925 | 17701 | 6224 | 21137 | 23958 | -2821 |
| 3.1.A Direct Investment in India | 22777 | 12171 | 10606 | 20589 | 15622 | 4967 |
| 3.1.A.1 Equity and investment fund shares | 21627 | 11673 | 9953 | 19280 | 15016 | 4264 |
| 3.1.A.1.1 Equity other than reinvestment of earnings | 16402 | 11673 | 4728 | 13846 | 15016 | -1171 |
| 3.1.A.1.2 Reinvestment of earnings | 5225 | - | 5225 | 5435 | - | 5435 |
| 3.1.A.2 Debt instruments | 1151 | 498 | 653 | 1309 | 606 | 702 |
| 3.1.A.2.1 Direct investor in direct investment enterprises | 1151 | 498 | 653 | 1309 | 606 | 702 |
| 3.1.B Direct Investment by India | 1147 | 5529 | -4382 | 548 | 8336 | -7788 |
| 3.1.B.1 Equity and investment fund shares | 1147 | 4439 | -3292 | 548 | 6295 | -5747 |
| 3.1.B.1.1 Equity other than reinvestment of earnings | 1147 | 2728 | -1580 | 548 | 4583 | -4035 |
| 3.1.B.1.2 Reinvestment of earnings | - | 1712 | -1712 | - | 1712 | -1712 |
| 3.1.B.2 Debt instruments | - | 1090 | -1090 | - | 2041 | -2041 |
| 3.1.B.2.1 Direct investor in direct investment enterprises | - | 1090 | -1090 | - | 2041 | -2041 |
| 3.2 Portfolio Investment | 159844 | 158899 | 945 | 182108 | 162258 | 19850 |
| 3.2.A Portfolio Investment in India | 159240 | 158343 | 897 | 181433 | 161618 | 19815 |
| 3.2.1 Equity and investment fund shares | 139824 | 140833 | -1009 | 160273 | 149590 | 10683 |
| 3.2.2 Debt securities | 19416 | 17510 | 1906 | 21160 | 12028 | 9132 |
| 3.2.B Portfolio Investment by India | 604 | 556 | 48 | 675 | 640 | 35 |
| 3.3 Financial derivatives (other than reserves) and employee stock options | 6053 | 9666 | -3613 | 6359 | 11892 | -5533 |
| 3.4 Other investment | 72813 | 67496 | 5317 | 107594 | 79185 | 28409 |
| 3.4.1 Other equity (ADRs/GDRs) | - | - | - | - | - | - |
| 3.4.2 Currency and deposits | 23547 | 19401 | 4146 | 29240 | 22753 | 6487 |
| 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 121 | - | 121 | 319 | - | 319 |
| 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 23426 | 19401 | 4025 | 28921 | 22753 | 6167 |
| 3.4.2.3 General government | - | - | - | - | - | - |
| 3.4.2.4 Other sectors | - | - | - | - | - | - |
| 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 29104 | 27468 | 1637 | 44398 | 40654 | 3744 |
| 3.4.3.A Loans to India | 24960 | 23186 | 1774 | 39333 | 32600 | 6733 |
| 3.4.3.B Loans by India | 4144 | 4281 | -137 | 5065 | 8054 | -2989 |
| 3.4.4 Insurance, pension, and standardized guarantee schemes | 47 | 133 | -86 | 47 | 3 | 44 |
| 3.4.5 Trade credit and advances | 15548 | 13321 | 2228 | 19650 | 14330 | 5320 |
| 3.4.6 Other accounts receivable/payable - other | 4566 | 7173 | -2607 | 14259 | 1444 | 12814 |
| 3.4.7 Special drawing rights | - | - | - | - | - | - |
| 3.5 Reserve assets | - | 5226 | -5226 | - | 18614 | -18614 |
| 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) | - | 5226 | -5226 | - | 18614 | -18614 |
| 4 Total assets/liabilities | 262634 | 258988 | 3646 | 317198 | 295906 | 21292 |
| 4.1 Equity and investment fund shares | 169302 | 167301 | 2001 | 187183 | 183437 | 3746 |
| 4.2 Debt instruments | 88766 | 79288 | 9478 | 115757 | 92412 | 23345 |
| 4.3 Other financial assets and liabilities | 4566 | 12399 | -7833 | 14259 | 20058 | -5799 |
| 5 Net errors and omissions | 773 | - | 773 | - | 448 | -448 |
| (Continued) |
| TABLE 197 : STANDARD PRESENTATION OF INDIA’S BALANCE OF PAYMENTS AS PER BPM6 - QUARTERLY- US DOLLAR (Contd.) |
| (US$ Million) |
| Item / Quarter | October-December 2024 | January-March 2025 |
| Credit | Debit | Net | Credit | Debit | Net |
| 1 | 8 | 9 | 10 | 11 | 12 | 13 |
| 1 Current Account (1.A+1.B+1.C) | 261720 | 273035 | -11315 | 265092 | 251438 | 13654 |
| 1.A Goods and Services (1.A.a+1.A.b) | 213304 | 241403 | -28099 | 218476 | 224475 | -6000 |
| 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 109817 | 189126 | -79309 | 116450 | 175764 | -59314 |
| 1.A.a.1 General merchandise on a BOP basis | 109391 | 169659 | -60268 | 116234 | 166263 | -50029 |
| 1.A.a.2 Net exports of goods under merchanting | 426 | - | 426 | 216 | - | 216 |
| 1.A.a.3 Nonmonetary gold | - | 19467 | -19467 | - | 9501 | -9501 |
| 1.A.b Services (1.A.b.1 to 1.A.b.13) | 103487 | 52277 | 51210 | 102026 | 48711 | 53314 |
| 1.A.b.1 Manufacturing services on physical inputs owned by others | 244 | 31 | 213 | 280 | 46 | 235 |
| 1.A.b.2 Maintenance and repair services n.i.e. | 82 | 305 | -223 | 98 | 292 | -193 |
| 1.A.b.3 Transport | 8278 | 8847 | -569 | 8157 | 8385 | -228 |
| 1.A.b.4 Travel | 10068 | 8371 | 1698 | 9097 | 7934 | 1162 |
| 1.A.b.5 Construction | 1047 | 834 | 213 | 1553 | 820 | 733 |
| 1.A.b.6 Insurance and pension services | 870 | 894 | -24 | 886 | 762 | 124 |
| 1.A.b.7 Financial services | 2086 | 741 | 1346 | 1989 | 795 | 1193 |
| 1.A.b.8 Charges for the use of intellectual property n.i.e. | 621 | 4573 | -3952 | 376 | 4358 | -3981 |
| 1.A.b.9 Telecommunications, computer, and information services | 48296 | 7416 | 40880 | 47738 | 6309 | 41430 |
| 1.A.b.10 Other business services | 29603 | 18252 | 11352 | 29432 | 16221 | 13212 |
| 1.A.b.11 Personal, cultural, and recreational services | 1148 | 1242 | -95 | 1270 | 1470 | -199 |
| 1.A.b.12 Government goods and services n.i.e. | 167 | 307 | -139 | 165 | 330 | -165 |
| 1.A.b.13 Others n.i.e. | 977 | 465 | 512 | 983 | 990 | -8 |
| 1.B Primary Income (1.B.1 to 1.B.3) | 12341 | 28763 | -16422 | 11900 | 23778 | -11878 |
| 1.B.1 Compensation of employees | 2180 | 1046 | 1135 | 2027 | 1032 | 995 |
| 1.B.2 Investment income | 8094 | 26925 | -18831 | 7800 | 22292 | -14493 |
| 1.B.2.1 Direct investment | 2631 | 17134 | -14503 | 2743 | 13132 | -10389 |
| 1.B.2.2 Portfolio investment | 95 | 2596 | -2502 | 110 | 1937 | -1827 |
| 1.B.2.3 Other investment | 690 | 6991 | -6301 | 846 | 7044 | -6199 |
| 1.B.2.4 Reserve assets | 4678 | 204 | 4474 | 4101 | 179 | 3923 |
| 1.B.3 Other primary income | 2067 | 793 | 1274 | 2074 | 454 | 1620 |
| 1.C Secondary Income (1.C.1+1.C.2) | 36074 | 2868 | 33206 | 34717 | 3184 | 31532 |
| 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 35992 | 2565 | 33427 | 34686 | 2838 | 31848 |
| 1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households) | 35063 | 1871 | 33192 | 33936 | 2096 | 31839 |
| 1.C.1.2 Other current transfers | 928 | 694 | 234 | 750 | 741 | 9 |
| 1.C.2 General government | 83 | 303 | -221 | 31 | 347 | -316 |
| 2 Capital Account (2.1+2.2) | 185 | 322 | -137 | 198 | 279 | -81 |
| 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 16 | 151 | -135 | 16 | 112 | -96 |
| 2.2 Capital transfers | 169 | 171 | -2 | 182 | 166 | 16 |
| 3 Financial Account (3.1 to 3.5) | 319938 | 308785 | 11154 | 255695 | 270049 | -14354 |
| 3.1 Direct Investment (3.1A+3.1B) | 20635 | 23445 | -2810 | 18494 | 18127 | 366 |
| 3.1.A Direct Investment in India | 19722 | 16218 | 3505 | 17527 | 7474 | 10053 |
| 3.1.A.1 Equity and investment fund shares | 17069 | 15637 | 1433 | 15776 | 7199 | 8576 |
| 3.1.A.1.1 Equity other than reinvestment of earnings | 11136 | 15637 | -4501 | 9610 | 7199 | 2411 |
| 3.1.A.1.2 Reinvestment of earnings | 5934 | - | 5934 | 6165 | - | 6165 |
| 3.1.A.2 Debt instruments | 2653 | 581 | 2072 | 1751 | 275 | 1476 |
| 3.1.A.2.1 Direct investor in direct investment enterprises | 2653 | 581 | 2072 | 1751 | 275 | 1476 |
| 3.1.B Direct Investment by India | 913 | 7228 | -6315 | 967 | 10653 | -9686 |
| 3.1.B.1 Equity and investment fund shares | 913 | 5024 | -4111 | 967 | 8033 | -7066 |
| 3.1.B.1.1 Equity other than reinvestment of earnings | 913 | 3313 | -2400 | 967 | 6321 | -5354 |
| 3.1.B.1.2 Reinvestment of earnings | - | 1712 | -1712 | - | 1712 | -1712 |
| 3.1.B.2 Debt instruments | - | 2203 | -2203 | - | 2620 | -2620 |
| 3.1.B.2.1 Direct investor in direct investment enterprises | - | 2203 | -2203 | - | 2620 | -2620 |
| 3.2 Portfolio Investment | 171412 | 182784 | -11372 | 125970 | 131829 | -5859 |
| 3.2.A Portfolio Investment in India | 170667 | 182102 | -11435 | 124923 | 130917 | -5995 |
| 3.2.1 Equity and investment fund shares | 144811 | 156671 | -11860 | 101683 | 115225 | -13541 |
| 3.2.2 Debt securities | 25856 | 25431 | 425 | 23239 | 15693 | 7547 |
| 3.2.B Portfolio Investment by India | 745 | 682 | 63 | 1048 | 912 | 136 |
| 3.3 Financial derivatives (other than reserves) and employee stock options | 6569 | 12105 | -5536 | 4928 | 12389 | -7461 |
| 3.4 Other investment | 83662 | 90450 | -6789 | 106303 | 98915 | 7388 |
| 3.4.1 Other equity (ADRs/GDRs) | - | - | - | - | - | - |
| 3.4.2 Currency and deposits | 25919 | 22776 | 3143 | 26288 | 23677 | 2611 |
| 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 8 | 5 | 2 | 0 | 219 | -219 |
| 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 25912 | 22771 | 3141 | 26288 | 23458 | 2830 |
| 3.4.2.3 General government | - | - | - | - | - | - |
| 3.4.2.4 Other sectors | - | - | - | - | - | - |
| 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 37480 | 45347 | -7867 | 49947 | 51471 | -1524 |
| 3.4.3.A Loans to India | 27853 | 35728 | -7875 | 26801 | 28779 | -1978 |
| 3.4.3.B Loans by India | 9627 | 9619 | 8 | 23147 | 22693 | 454 |
| 3.4.4 Insurance, pension, and standardized guarantee schemes | 52 | 59 | -7 | 56 | 630 | -574 |
| 3.4.5 Trade credit and advances | 19253 | 15241 | 4012 | 13558 | 17964 | -4406 |
| 3.4.6 Other accounts receivable/payable - other | 958 | 7028 | -6071 | 16454 | 5173 | 11281 |
| 3.4.7 Special drawing rights | - | - | - | - | - | - |
| 3.5 Reserve assets | 37660 | - | 37660 | - | 8789 | -8789 |
| 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) | 37660 | - | 37660 | - | 8789 | -8789 |
| 4 Total assets/liabilities | 319938 | 308785 | 11154 | 255695 | 270049 | -14354 |
| 4.1 Equity and investment fund shares | 170159 | 190178 | -20019 | 124457 | 144387 | -19929 |
| 4.2 Debt instruments | 111161 | 111578 | -418 | 114784 | 111701 | 3084 |
| 4.3 Other financial assets and liabilities | 38618 | 7028 | 31590 | 16454 | 13962 | 2492 |
| 5 Net errors and omissions | 298 | - | 298 | 780 | - | 780 |
| (Continued) |
| TABLE 197 : STANDARD PRESENTATION OF INDIA’S BALANCE OF PAYMENTS AS PER BPM6 - QUARTERLY- US DOLLAR (Contd.) |
| (US$ Million) |
| Item / Quarter | April-June 2025 | July-September 2025 |
| Credit | Debit | Net | Credit | Debit | Net |
| 1 | 14 | 15 | 16 | 17 | 18 | 19 |
| 1 Current Account (1.A+1.B+1.C) | 256381 | 259243 | -2862 | 266372 | 280341 | -13970 |
| 1.A Goods and Services (1.A.a+1.A.b) | 210092 | 231078 | -20985 | 210606 | 248833 | -38227 |
| 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 112682 | 181568 | -68887 | 109001 | 198100 | -89098 |
| 1.A.a.1 General merchandise on a BOP basis | 112302 | 174083 | -61781 | 108733 | 179072 | -70339 |
| 1.A.a.2 Net exports of goods under merchanting | 380 | - | 380 | 268 | - | 268 |
| 1.A.a.3 Nonmonetary gold | - | 7486 | -7486 | - | 19028 | -19028 |
| 1.A.b Services (1.A.b.1 to 1.A.b.13) | 97411 | 49509 | 47901 | 101605 | 50734 | 50871 |
| 1.A.b.1 Manufacturing services on physical inputs owned by others | 253 | 40 | 213 | 193 | 29 | 164 |
| 1.A.b.2 Maintenance and repair services n.i.e. | 76 | 267 | -191 | 102 | 359 | -258 |
| 1.A.b.3 Transport | 7693 | 8395 | -702 | 7754 | 8726 | -972 |
| 1.A.b.4 Travel | 5855 | 9085 | -3230 | 6813 | 9457 | -2645 |
| 1.A.b.5 Construction | 1098 | 891 | 207 | 1317 | 959 | 358 |
| 1.A.b.6 Insurance and pension services | 924 | 613 | 311 | 962 | 724 | 238 |
| 1.A.b.7 Financial services | 1945 | 703 | 1242 | 1816 | 615 | 1200 |
| 1.A.b.8 Charges for the use of intellectual property n.i.e. | 446 | 5352 | -4906 | 423 | 4493 | -4070 |
| 1.A.b.9 Telecommunications, computer, and information services | 47932 | 6470 | 41462 | 50359 | 6398 | 43961 |
| 1.A.b.10 Other business services | 29511 | 15868 | 13643 | 29471 | 16129 | 13342 |
| 1.A.b.11 Personal, cultural, and recreational services | 1210 | 1157 | 54 | 1363 | 1591 | -228 |
| 1.A.b.12 Government goods and services n.i.e. | 134 | 323 | -188 | 154 | 306 | -152 |
| 1.A.b.13 Others n.i.e. | 334 | 347 | -13 | 879 | 945 | -66 |
| 1.B Primary Income (1.B.1 to 1.B.3) | 12241 | 25017 | -12776 | 16726 | 28789 | -12063 |
| 1.B.1 Compensation of employees | 2130 | 1027 | 1103 | 2159 | 1111 | 1048 |
| 1.B.2 Investment income | 8566 | 23343 | -14777 | 12306 | 26351 | -14044 |
| 1.B.2.1 Direct investment | 3224 | 14564 | -11341 | 3014 | 15015 | -12001 |
| 1.B.2.2 Portfolio investment | 113 | 1815 | -1702 | 103 | 4444 | -4341 |
| 1.B.2.3 Other investment | 1001 | 6793 | -5792 | 1106 | 6725 | -5619 |
| 1.B.2.4 Reserve assets | 4228 | 170 | 4058 | 8084 | 168 | 7916 |
| 1.B.3 Other primary income | 1545 | 647 | 898 | 2261 | 1327 | 933 |
| 1.C Secondary Income (1.C.1+1.C.2) | 34048 | 3148 | 30900 | 39040 | 2719 | 36320 |
| 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 34028 | 2812 | 31216 | 39006 | 2378 | 36628 |
| 1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households) | 33162 | 2061 | 31101 | 38157 | 1748 | 36410 |
| 1.C.1.2 Other current transfers | 866 | 750 | 115 | 848 | 630 | 218 |
| 1.C.2 General government | 20 | 336 | -317 | 34 | 342 | -308 |
| 2 Capital Account (2.1+2.2) | 177 | 592 | -415 | 213 | 385 | -172 |
| 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 23 | 398 | -374 | 25 | 268 | -242 |
| 2.2 Capital transfers | 154 | 195 | -41 | 188 | 118 | 71 |
| 3 Financial Account (3.1 to 3.5) | 289249 | 284740 | 4509 | 385925 | 372777 | 13148 |
| 3.1 Direct Investment (3.1A+3.1B) | 27330 | 22567 | 4763 | 25828 | 24193 | 1635 |
| 3.1.A Direct Investment in India | 26715 | 12802 | 13914 | 25043 | 13846 | 11196 |
| 3.1.A.1 Equity and investment fund shares | 25327 | 12078 | 13249 | 23344 | 13265 | 10079 |
| 3.1.A.1.1 Equity other than reinvestment of earnings | 19419 | 12078 | 7342 | 17354 | 13265 | 4089 |
| 3.1.A.1.2 Reinvestment of earnings | 5908 | - | 5908 | 5990 | - | 5990 |
| 3.1.A.2 Debt instruments | 1388 | 724 | 664 | 1698 | 581 | 1118 |
| 3.1.A.2.1 Direct investor in direct investment enterprises | 1388 | 724 | 664 | 1698 | 581 | 1118 |
| 3.1.B Direct Investment by India | 615 | 9766 | -9151 | 785 | 10347 | -9562 |
| 3.1.B.1 Equity and investment fund shares | 615 | 6879 | -6264 | 785 | 8390 | -7605 |
| 3.1.B.1.1 Equity other than reinvestment of earnings | 615 | 4928 | -4313 | 785 | 6439 | -5654 |
| 3.1.B.1.2 Reinvestment of earnings | - | 1951 | -1951 | - | 1951 | -1951 |
| 3.1.B.2 Debt instruments | - | 2886 | -2886 | - | 1956 | -1956 |
| 3.1.B.2.1 Direct investor in direct investment enterprises | - | 2886 | -2886 | - | 1956 | -1956 |
| 3.2 Portfolio Investment | 146339 | 144731 | 1608 | 135580 | 141327 | -5747 |
| 3.2.A Portfolio Investment in India | 145201 | 142720 | 2481 | 134786 | 140255 | -5468 |
| 3.2.1 Equity and investment fund shares | 123636 | 118245 | 5391 | 113496 | 122643 | -9147 |
| 3.2.2 Debt securities | 21565 | 24475 | -2910 | 21290 | 17612 | 3678 |
| 3.2.B Portfolio Investment by India | 1138 | 2011 | -872 | 794 | 1072 | -279 |
| 3.3 Financial derivatives (other than reserves) and employee stock options | 5501 | 10588 | -5087 | 5820 | 9441 | -3621 |
| 3.4 Other investment | 110079 | 102347 | 7732 | 207781 | 197817 | 9964 |
| 3.4.1 Other equity (ADRs/GDRs) | - | - | - | - | - | - |
| 3.4.2 Currency and deposits | 23788 | 20164 | 3624 | 23330 | 20928 | 2402 |
| 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 10 | 0 | 10 | 0 | 52 | -52 |
| 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 23778 | 20164 | 3614 | 23330 | 20876 | 2454 |
| 3.4.2.3 General government | - | - | - | - | - | - |
| 3.4.2.4 Other sectors | - | - | - | - | - | - |
| 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 59800 | 58947 | 853 | 160558 | 159924 | 634 |
| 3.4.3.A Loans to India | 23770 | 23784 | -14 | 20107 | 17820 | 2287 |
| 3.4.3.B Loans by India | 36030 | 35163 | 867 | 140451 | 142104 | -1653 |
| 3.4.4 Insurance, pension, and standardized guarantee schemes | 43 | 92 | -49 | 45 | 65 | -21 |
| 3.4.5 Trade credit and advances | 15453 | 15541 | -88 | 18681 | 14699 | 3982 |
| 3.4.6 Other accounts receivable/payable - other | 10996 | 7604 | 3392 | 5168 | 2201 | 2967 |
| 3.4.7 Special drawing rights | - | - | - | - | - | - |
| 3.5 Reserve assets | - | 4508 | -4508 | 10917 | - | 10917 |
| 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) | - | 4508 | -4508 | 10917 | - | 10917 |
| 4 Total assets/liabilities | 289249 | 284740 | 4509 | 385925 | 372777 | 13148 |
| 4.1 Equity and investment fund shares | 156260 | 149892 | 6368 | 144284 | 154876 | -10593 |
| 4.2 Debt instruments | 121993 | 122737 | -743 | 225557 | 215700 | 9857 |
| 4.3 Other financial assets and liabilities | 10996 | 12112 | -1116 | 16085 | 2201 | 13884 |
| 5 Net errors and omissions | - | 1232 | -1232 | 993 | - | 993 |
| (Continued) |
| TABLE 197 : STANDARD PRESENTATION OF INDIA’S BALANCE OF PAYMENTS AS PER BPM6 - QUARTERLY- US DOLLAR (Concld.) |
| (US$ Million) |
| Item / Quarter | October-December 2025 | January-March 2026 |
| Credit | Debit | Net | Credit | Debit | Net |
| 1 | 20 | 21 | 22 | 23 | 24 | 25 |
| 1 Current Account (1.A+1.B+1.C) | 274501 | 289992 | -15490 | 280513 | 273432 | 7081 |
| 1.A Goods and Services (1.A.a+1.A.b) | 222544 | 260927 | -38384 | 224198 | 247274 | -23076 |
| 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 111332 | 207202 | -95870 | 113133 | 196565 | -83433 |
| 1.A.a.1 General merchandise on a BOP basis | 110996 | 184316 | -73320 | 112560 | 173988 | -61428 |
| 1.A.a.2 Net exports of goods under merchanting | 335 | - | 335 | 573 | - | 573 |
| 1.A.a.3 Nonmonetary gold | - | 22886 | -22886 | - | 22578 | -22578 |
| 1.A.b Services (1.A.b.1 to 1.A.b.13) | 111212 | 53726 | 57486 | 111065 | 50709 | 60356 |
| 1.A.b.1 Manufacturing services on physical inputs owned by others | 369 | 65 | 304 | 213 | 69 | 144 |
| 1.A.b.2 Maintenance and repair services n.i.e. | 120 | 465 | -345 | 111 | 373 | -262 |
| 1.A.b.3 Transport | 8264 | 8481 | -217 | 8176 | 8003 | 173 |
| 1.A.b.4 Travel | 9924 | 9052 | 872 | 9289 | 8174 | 1115 |
| 1.A.b.5 Construction | 1371 | 822 | 549 | 1343 | 901 | 442 |
| 1.A.b.6 Insurance and pension services | 886 | 832 | 54 | 938 | 515 | 423 |
| 1.A.b.7 Financial services | 1935 | 875 | 1060 | 1856 | 823 | 1033 |
| 1.A.b.8 Charges for the use of intellectual property n.i.e. | 491 | 4562 | -4070 | 473 | 4249 | -3776 |
| 1.A.b.9 Telecommunications, computer, and information services | 54315 | 7275 | 47039 | 53953 | 7113 | 46840 |
| 1.A.b.10 Other business services | 32121 | 19261 | 12859 | 33076 | 18326 | 14750 |
| 1.A.b.11 Personal, cultural, and recreational services | 1193 | 1120 | 73 | 1359 | 1417 | -59 |
| 1.A.b.12 Government goods and services n.i.e. | 166 | 335 | -170 | 172 | 317 | -145 |
| 1.A.b.13 Others n.i.e. | 58 | 582 | -524 | 104 | 427 | -323 |
| 1.B Primary Income (1.B.1 to 1.B.3) | 14016 | 26277 | -12260 | 12044 | 23153 | -11109 |
| 1.B.1 Compensation of employees | 2253 | 1146 | 1107 | 2066 | 1161 | 905 |
| 1.B.2 Investment income | 7931 | 23806 | -15875 | 8095 | 21501 | -13406 |
| 1.B.2.1 Direct investment | 2814 | 15126 | -12312 | 3522 | 12641 | -9119 |
| 1.B.2.2 Portfolio investment | 80 | 1833 | -1753 | 70 | 1632 | -1562 |
| 1.B.2.3 Other investment | 1075 | 6685 | -5611 | 925 | 7072 | -6147 |
| 1.B.2.4 Reserve assets | 3962 | 161 | 3801 | 3578 | 156 | 3422 |
| 1.B.3 Other primary income | 3832 | 1324 | 2508 | 1883 | 491 | 1392 |
| 1.C Secondary Income (1.C.1+1.C.2) | 37942 | 2788 | 35154 | 44272 | 3005 | 41266 |
| 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 37844 | 2477 | 35367 | 44242 | 2660 | 41583 |
| 1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households) | 36888 | 1862 | 35026 | 43502 | 1967 | 41535 |
| 1.C.1.2 Other current transfers | 956 | 615 | 341 | 741 | 693 | 48 |
| 1.C.2 General government | 97 | 310 | -213 | 29 | 346 | -316 |
| 2 Capital Account (2.1+2.2) | 228 | 211 | 17 | 239 | 168 | 70 |
| 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 25 | 73 | -48 | 27 | 57 | -31 |
| 2.2 Capital transfers | 203 | 138 | 65 | 212 | 111 | 101 |
| 3 Financial Account (3.1 to 3.5) | 486275 | 469613 | 16662 | 477664 | 486101 | -8437 |
| 3.1 Direct Investment (3.1A+3.1B) | 22670 | 26330 | -3659 | 22496 | 18287 | 4209 |
| 3.1.A Direct Investment in India | 22018 | 17931 | 4087 | 21060 | 9466 | 11594 |
| 3.1.A.1 Equity and investment fund shares | 20341 | 17273 | 3068 | 18921 | 8570 | 10351 |
| 3.1.A.1.1 Equity other than reinvestment of earnings | 13598 | 17273 | -3676 | 11911 | 8570 | 3341 |
| 3.1.A.1.2 Reinvestment of earnings | 6744 | - | 6744 | 7010 | - | 7010 |
| 3.1.A.2 Debt instruments | 1677 | 657 | 1019 | 2139 | 896 | 1243 |
| 3.1.A.2.1 Direct investor in direct investment enterprises | 1677 | 657 | 1019 | 2139 | 896 | 1243 |
| 3.1.B Direct Investment by India | 652 | 8399 | -7747 | 1436 | 8821 | -7385 |
| 3.1.B.1 Equity and investment fund shares | 652 | 6849 | -6197 | 1436 | 6868 | -5432 |
| 3.1.B.1.1 Equity other than reinvestment of earnings | 652 | 4898 | -4245 | 1436 | 4917 | -3481 |
| 3.1.B.1.2 Reinvestment of earnings | - | 1951 | -1951 | - | 1951 | -1951 |
| 3.1.B.2 Debt instruments | - | 1550 | -1550 | - | 1953 | -1953 |
| 3.1.B.2.1 Direct investor in direct investment enterprises | - | 1550 | -1550 | - | 1953 | -1953 |
| 3.2 Portfolio Investment | 185550 | 185727 | -177 | 126218 | 138266 | -12047 |
| 3.2.A Portfolio Investment in India | 184185 | 184270 | -85 | 124580 | 136701 | -12121 |
| 3.2.1 Equity and investment fund shares | 157600 | 158838 | -1238 | 108868 | 122513 | -13645 |
| 3.2.2 Debt securities | 26585 | 25431 | 1154 | 15712 | 14188 | 1524 |
| 3.2.B Portfolio Investment by India | 1365 | 1458 | -93 | 1638 | 1564 | 74 |
| 3.3 Financial derivatives (other than reserves) and employee stock options | 6549 | 12194 | -5646 | 8595 | 18209 | -9614 |
| 3.4 Other investment | 247097 | 245362 | 1736 | 320355 | 304119 | 16235 |
| 3.4.1 Other equity (ADRs/GDRs) | - | - | - | - | - | - |
| 3.4.2 Currency and deposits | 25932 | 20995 | 4936 | 29353 | 25501 | 3852 |
| 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 0 | 118 | -118 | 562 | - | 562 |
| 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 25932 | 20877 | 5054 | 28791 | 25501 | 3290 |
| 3.4.2.3 General government | - | - | - | - | - | - |
| 3.4.2.4 Other sectors | - | - | - | - | - | - |
| 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 197326 | 199119 | -1793 | 263210 | 257615 | 5595 |
| 3.4.3.A Loans to India | 20755 | 21350 | -595 | 31771 | 25095 | 6676 |
| 3.4.3.B Loans by India | 176571 | 177769 | -1198 | 231439 | 232520 | -1082 |
| 3.4.4 Insurance, pension, and standardized guarantee schemes | 52 | 34 | 18 | 52 | 43 | 9 |
| 3.4.5 Trade credit and advances | 26321 | 13034 | 13287 | 14999 | 18436 | -3437 |
| 3.4.6 Other accounts receivable/payable - other | -2534 | 12178 | -14712 | 12741 | 2524 | 10217 |
| 3.4.7 Special drawing rights | - | - | - | - | - | - |
| 3.5 Reserve assets | 24409 | - | 24409 | - | 7219 | -7219 |
| 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) | 24409 | - | 24409 | - | 7219 | -7219 |
| 4 Total assets/liabilities | 486275 | 469613 | 16662 | 477664 | 486101 | -8437 |
| 4.1 Equity and investment fund shares | 186560 | 196647 | -10088 | 139509 | 157767 | -18258 |
| 4.2 Debt instruments | 277841 | 260787 | 17054 | 325413 | 318590 | 6823 |
| 4.3 Other financial assets and liabilities | 21875 | 12178 | 9696 | 12741 | 9744 | 2998 |
| 5 Net errors and omissions | - | 1189 | -1189 | 1286 | - | 1286 |
Notes : 1. n.i.e.: not included elsewhere.
2. Data for 2025-26 are preliminary estimates.
3. Totals may not tally due to rounding off.
Also see Notes on Tables.
Source : Reserve Bank of India. |