| (₹ Billion) | | Item | Oct-Dec 2013 (PR) | Oct-Dec 2014 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | 1 Current Account (1.A+1.B+1.C) | 8,545 | 8,807 | –262 | 8,610 | 9,120 | –509 | | 1.A Goods and Services (1.A.a+1.A.b) | 7,287 | 8,220 | –933 | 7,348 | 8,522 | –1,174 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 4,951 | 7,009 | –2,057 | 4,893 | 7,323 | –2,431 | | 1.A.a.1 General merchandise on a BOP basis | 4,915 | 6,814 | –1,899 | 4,893 | 6,637 | –1,745 | | 1.A.a.2 Net exports of goods under merchanting | 36 | – | 36 | – | – | – | | 1.A.a.3 Nonmonetary gold | – | 195 | –195 | – | 686 | –686 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 2,336 | 1,211 | 1,124 | 2,455 | 1,199 | 1,256 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 1 | – | 1 | 2 | 0 | 1 | | 1.A.b.2 Maintenance and repair services n.i.e. | 2 | 4 | –2 | 4 | 3 | 1 | | 1.A.b.3 Transport | 255 | 212 | 43 | 288 | 255 | 33 | | 1.A.b.4 Travel | 316 | 171 | 145 | 338 | 228 | 111 | | 1.A.b.5 Construction | 19 | 20 | –1 | 22 | 17 | 5 | | 1.A.b.6 Insurance and pension services | 30 | 18 | 12 | 35 | 19 | 16 | | 1.A.b.7 Financial services | 106 | 79 | 27 | 83 | 46 | 37 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 11 | 64 | –52 | 11 | 81 | –69 | | 1.A.b.9 Telecommunications, computer, and information services | 1,119 | 58 | 1,061 | 1,194 | 72 | 1,122 | | 1.A.b.10 Other business services | 428 | 417 | 12 | 446 | 438 | 9 | | 1.A.b.11 Personal, cultural, and recreational services | 19 | 12 | 7 | 18 | 25 | –7 | | 1.A.b.12 Government goods and services n.i.e. | 6 | 11 | –4 | 10 | 14 | –4 | | 1.A.b.13 Others n.i.e. | 23 | 146 | –123 | 4 | 1 | 3 | | 1.B Primary Income (1.B.1 to 1.B.3) | 184 | 522 | –338 | 182 | 543 | –361 | | 1.B.1 Compensation of employees | 51 | 41 | 10 | 57 | 38 | 19 | | 1.B.2 Investment income | 113 | 478 | –366 | 100 | 501 | –401 | | 1.B.2.1 Direct investment | 51 | 215 | –164 | 46 | 182 | –136 | | 1.B.2.2 Portfolio investment | 6 | 74 | –68 | 2 | 103 | –101 | | 1.B.2.3 Other investment | 8 | 189 | –181 | 6 | 216 | –210 | | 1.B.2.4 Reserve assets | 48 | – | 48 | 46 | 0 | 46 | | 1.B.3 Other primary income | 21 | 3 | 17 | 24 | 3 | 21 | | 1.C Secondary Income (1.C.1+1.C.2) | 1,073 | 65 | 1,009 | 1,081 | 55 | 1,026 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 1,070 | 65 | 1,006 | 1,078 | 55 | 1,024 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 1,037 | 61 | 976 | 1,039 | 50 | 989 | | 1.C.1.2 Other current transfers | 33 | 3 | 30 | 40 | 5 | 35 | | 1.C.2 General government | 3 | – | 3 | 3 | 0 | 2 | | 2 Capital Account (2.1+2.2) | 25 | 18 | 7 | 17 | 20 | –3 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 3 | 2 | – | 9 | 1 | 8 | | 2.2 Capital transfers | 23 | 16 | 6 | 7 | 18 | –11 | | 3 Financial Account (3.1 to 3.5) | 7,999 | 7,708 | 292 | 7,593 | 6,971 | 622 | | 3.1 Direct Investment (3.1A+3.1B) | 601 | 225 | 376 | 718 | 263 | 456 | | 3.1.A Direct Investment in India | 446 | 88 | 359 | 607 | 133 | 473 | | 3.1.A.1 Equity and investment fund shares | 409 | 82 | 327 | 555 | 129 | 426 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 262 | 82 | 180 | 408 | 129 | 279 | | 3.1.A.1.2 Reinvestment of earnings | 147 | – | 147 | 147 | – | 147 | | 3.1.A.2 Debt instruments | 37 | 5 | 31 | 51 | 4 | 47 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 37 | 5 | 31 | 51 | 4 | 47 | | 3.1.B Direct Investment by India | 155 | 137 | 18 | 111 | 129 | –18 | | 3.1.B.1 Equity and investment fund shares | 155 | 99 | 57 | 111 | 89 | 22 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 155 | 80 | 75 | 111 | 73 | 38 | | 3.1.B.1.2 Reinvestment of earnings | – | 18 | –18 | – | 16 | –16 | | 3.1.B.2 Debt instruments | – | 39 | –39 | – | 40 | –40 | | 3.1.B.2.1 Direct investor in direct investment enterprises | – | 39 | –39 | – | 40 | –40 | | 3.2 Portfolio Investment | 2,785 | 2,636 | 148 | 3,442 | 3,053 | 389 | | 3.2.A Portfolio Investment in India | 2,779 | 2,621 | 157 | 3,428 | 3,047 | 381 | | 3.2.1 Equity and investment fund shares | 2,251 | 1,865 | 386 | 2,538 | 2,522 | 15 | | 3.2.2 Debt securities | 527 | 756 | –229 | 891 | 525 | 366 | | 3.2.B Portfolio Investment by India | 6 | 15 | –9 | 14 | 6 | 8 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 142 | 93 | 49 | 116 | 261 | –145 | | 3.4 Other investment | 4,471 | 3,568 | 903 | 3,317 | 2,577 | 739 | | 3.4.1 Other equity (ADRs/GDRs) | – | – | – | – | – | – | | 3.4.2 Currency and deposits | 2,061 | 718 | 1,343 | 917 | 676 | 241 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 12 | – | 12 | 20 | – | 20 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 2,049 | 718 | 1,331 | 898 | 676 | 222 | | 3.4.2.3 General government | – | – | – | – | – | – | | 3.4.2.4 Other sectors | – | – | – | – | – | – | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 848 | 954 | –106 | 1,222 | 688 | 534 | | 3.4.3.A Loans to India | 833 | 945 | –112 | 1,195 | 678 | 518 | | 3.4.3.B Loans by India | 15 | 9 | 6 | 26 | 10 | 16 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 1 | 11 | –10 | 13 | 8 | 5 | | 3.4.5 Trade credit and advances | 1,418 | 1,490 | –72 | 1,088 | 1,172 | –84 | | 3.4.6 Other accounts receivable/payable - other | 144 | 395 | –251 | 77 | 33 | 43 | | 3.4.7 Special drawing rights | – | – | – | – | – | – | | 3.5 Reserve assets | – | 1,185 | –1,185 | – | 816 | –816 | | 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) | – | 1,185 | –1,185 | – | 816 | –816 | | 4 Total assets/liabilities | 7,999 | 7,708 | 292 | 7,593 | 6,971 | 622 | | 4.1 Equity and investment fund shares | 2,965 | 2,165 | 799 | 3,347 | 3,016 | 331 | | 4.2 Debt instruments | 4,891 | 3,962 | 928 | 4,169 | 3,105 | 1,064 | | 4.3 Other financial assets and liabilities | 144 | 1,580 | –1,436 | 77 | 850 | –773 | | 5 Net errors and omissions | – | 36 | –36 | – | 110 | –110 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |