(` Billion)

1 Current Account (1.A+1.B+1.C)

7,055

7,971

–916

7,324

8,541

–1,218

1.A Goods and Services (1.A.a+1.A.b)

5,993

7,555

–1,562

6,176

8,056

–1,880

1.A.a Goods (1.A.a.1 to 1.A.a.3)

4,058

6,430

–2,372

4,134

6,957

–2,823

1.A.a.1 General merchandise on a BOP basis

4,092

5,936

–1,844

4,016

6,035

–2,019

1.A.a.2 Net exports of goods under merchanting

–34

–

–34

118

–

118

1.A.a.3 Nonmonetary gold

–

494

–494

–

922

–922

1.A.b Services (1.A.b.1 to 1.A.b.13)

1,936

1,125

811

2,043

1,099

943

1.A.b.1 Manufacturing services on physical inputs owned by others

–

–

–

1

1

–

1.A.b.2 Maintenance and repair services n.i.e.

1

5

–4

4

5

–2

1.A.b.3 Transport

230

198

32

231

207

24

1.A.b.4 Travel

190

168

22

214

168

46

1.A.b.5 Construction

11

14

–2

19

19

–

1.A.b.6 Insurance and pension services

29

13

15

28

15

13

1.A.b.7 Financial services

71

78

–7

101

134

–33

1.A.b.8 Charges for the use of intellectual property n.i.e.

5

43

–38

5

60

–55

1.A.b.9 Telecommunications, computer, and information services

870

45

826

959

50

908

1.A.b.10 Other business services

412

444

–32

406

375

32

1.A.b.11 Personal, cultural, and recreational services

10

9

1

20

8

12

1.A.b.12 Government goods and services n.i.e.

9

9

–

7

17

–9

1.A.b.13 Others n.i.e.

97

99

–2

48

43

5

1.B Primary Income (1.B.1 to 1.B.3)

115

380

–265

141

411

–270

1.B.1 Compensation of employees

38

26

12

42

32

10

1.B.2 Investment income

69

344

–274

87

374

–286

1.B.2.1 Direct investment

19

142

–123

26

159

–133

1.B.2.2 Portfolio investment

1

55

–55

17

73

–56

1.B.2.3 Other investment

4

147

–142

3

141

–138

1.B.2.4 Reserve assets

45

–

45

41

–

41

1.B.3 Other primary income

8

10

–2

12

6

6

1.C Secondary Income (1.C.1+1.C.2)

946

35

910

1,006

74

933

1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs

944

35

909

999

60

939

1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households)

901

31

870

962

56

907

1.C.1.2 Other current transfers

43

4

39

37

5

32

1.C.2 General government

1

–

1

7

13

–7

2 Capital Account (2.1+2.2)

5

17

–12

58

15

43

2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets

–

3

–2

–

1

–

2.2 Capital transfers

5

14

–9

58

15

43

3 Financial Account (3.1 to 3.5)

5,921

5,051

869

7,493

6,370

1,123

3.1 Direct Investment (3.1A+3.1B)

442

235

207

586

223

363

3.1.A Direct Investment in India

395

75

320

455

92

362

3.1.A.1 Equity and investment fund shares

376

56

320

429

85

344

3.1.A.1.1 Equity other than reinvestment of earnings

253

56

197

314

85

229

3.1.A.1.2 Reinvestment of earnings

122

–

122

115

–

115

3.1.A.2 Debt instruments

20

19

–

25

7

18

3.1.A.2.1 Direct investor in direct investment enterprises

20

19

–

25

7

18

3.1.B Direct Investment by India

47

160

–113

132

131

1

3.1.B.1 Equity and investment fund shares

47

91

–44

132

76

56

3.1.B.1.1 Equity other than reinvestment of earnings

47

75

–28

132

61

71

3.1.B.1.2 Reinvestment of earnings

–

16

–16

–

15

–15

3.1.B.2 Debt instruments

–

69

–69

–

55

–55

3.1.B.2.1 Direct investor in direct investment enterprises

–

69

–69

–

55

–55

3.2 Portfolio Investment

1,911

2,020

–109

3,059

3,073

–14

3.2.A Portfolio Investment in India

1,898

1,990

–92

3,030

3,057

–27

3.2.1 Equity and investment fund shares

1,404

1,494

–89

2,280

2,007

273

3.2.2 Debt securities

494

497

–3

751

1,050

–299

3.2.B Portfolio Investment by India

13

30

–17

29

15

13

3.3 Financial derivatives (other than reserves) and employee stock options

31

64

–32

97

128

–30

3.4 Other investment

3,536

2,703

833

3,731

2,946

784

3.4.1 Other equity (ADRs/GDRs)

5

–

5

1

–

1

3.4.2 Currency and deposits

1,046

698

349

1,032

718

314

3.4.2.1 Central bank (Rupee Debt Movements; NRG)

–

6

–6

6

–

6

3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits)

1,046

692

354

1,025

718

307

3.4.2.3 General government

–

–

–

–

–

–

3.4.2.4 Other sectors

–

–

–

–

–

–

3.4.3 Loans (External Assistance, ECBs and Banking Capital)

704

512

192

804

476

328

3.4.3.A Loans to India

646

457

189

773

469

304

3.4.3.B Loans by India

58

55

3

31

7

24

3.4.4 Insurance, pension, and standardized guarantee schemes

–

1

–1

1

6

–5

3.4.5 Trade credit and advances

1,634

1,343

291

1,717

1,580

137

3.4.6 Other accounts receivable/payable - other

146

150

–4

176

167

9

3.4.7 Special drawing rights

–

–

–

–

–

–

3.5 Reserve assets

–

28

–28

19

–

19

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)

–

28

–28

19

–

19

4 Total assets/liabilities

5,921

5,051

869

7,493

6,370

1,123

3.0.1 Equity and investment fund shares

1,871

1,735

137

2,967

2,317

650

3.0.2 Debt instruments

3,898

3,139

760

4,329

3,886

443

3.0.3 Other financial assets and liabilities

151

178

–27

197

167

30

5 Net errors and omissions

58

–

58

52

–

52