| (US $ Million) | | Item | Oct-Dec 2015 (PR) | Oct-Dec 2016 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | 1 Current Account (1.A+1.B+1.C) | 122,564 | 129,675 | –7,112 | 130,142 | 138,049 | –7,907 | | 1.A Goods and Services (1.A.a+1.A.b) | 102,841 | 118,804 | –15,963 | 110,903 | 126,540 | –15,637 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 64,937 | 98,913 | –33,975 | 68,755 | 102,032 | –33,277 | | 1.A.a.1 General merchandise on a BOP basis | 64,162 | 89,886 | –25,725 | 69,539 | 92,220 | –22,681 | | 1.A.a.2 Net exports of goods under merchanting | 776 | 0 | 776 | –784 | 0 | –784 | | 1.A.a.3 Nonmonetary gold | 0 | 9,027 | –9,027 | 0 | 9,812 | –9,812 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 37,904 | 19,891 | 18,013 | 42,148 | 24,508 | 17,639 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 24 | 10 | 14 | 22 | 6 | 16 | | 1.A.b.2 Maintenance and repair services n.i.e. | 37 | 93 | –56 | 47 | 72 | –25 | | 1.A.b.3 Transport | 3,310 | 3,450 | –140 | 3,797 | 3,268 | 529 | | 1.A.b.4 Travel | 5,761 | 3,357 | 2,404 | 6,187 | 3,710 | 2,476 | | 1.A.b.5 Construction | 345 | 180 | 165 | 591 | 224 | 367 | | 1.A.b.6 Insurance and pension services | 449 | 334 | 115 | 522 | 413 | 109 | | 1.A.b.7 Financial services | 958 | 887 | 72 | 1,210 | 1,624 | –414 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 130 | 1,245 | –1,114 | 144 | 1,509 | –1,366 | | 1.A.b.9 Telecommunications, computer, and information services | 19,728 | 949 | 18,779 | 19,614 | 1,247 | 18,367 | | 1.A.b.10 Other business services | 6,667 | 7,646 | –979 | 8,319 | 8,067 | 253 | | 1.A.b.11 Personal, cultural, and recreational services | 261 | 161 | 100 | 328 | 439 | –111 | | 1.A.b.12 Government goods and services n.i.e. | 147 | 123 | 25 | 176 | 135 | 40 | | 1.A.b.13 Others n.i.e. | 86 | 1,457 | –1,371 | 1,192 | 3,793 | –2,601 | | 1.B Primary Income (1.B.1 to 1.B.3) | 3,798 | 10,206 | –6,408 | 3,972 | 10,147 | –6,176 | | 1.B.1 Compensation of employees | 880 | 566 | 314 | 1,007 | 631 | 376 | | 1.B.2 Investment income | 2,318 | 9,535 | –7,217 | 2,323 | 9,365 | –7,042 | | 1.B.2.1 Direct investment | 1,352 | 4,062 | –2,710 | 1,174 | 4,620 | –3,445 | | 1.B.2.2 Portfolio investment | 42 | 2,336 | –2,294 | 20 | 1,656 | –1,636 | | 1.B.2.3 Other investment | 159 | 3,136 | –2,978 | 265 | 3,090 | –2,826 | | 1.B.2.4 Reserve assets | 766 | 1 | 766 | 865 | 0 | 865 | | 1.B.3 Other primary income | 600 | 105 | 495 | 641 | 151 | 490 | | 1.C Secondary Income (1.C.1+1.C.2) | 15,925 | 665 | 15,259 | 15,268 | 1,362 | 13,906 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 15,773 | 469 | 15,305 | 15,166 | 1,170 | 13,996 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 15,282 | 412 | 14,869 | 14,579 | 959 | 13,620 | | 1.C.1.2 Other current transfers | 492 | 57 | 435 | 587 | 211 | 376 | | 1.C.2 General government | 151 | 197 | –46 | 101 | 192 | –90 | | 2 Capital Account (2.1+2.2) | 64 | 46 | 18 | 59 | 78 | –19 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 10 | 5 | 5 | 15 | 28 | –12 | | 2.2 Capital transfers | 54 | 41 | 13 | 44 | 51 | –7 | | 3 Financial Account (3.1 to 3.5) | 115,050 | 108,218 | 6,831 | 138,656 | 131,252 | 7,404 | | 3.1 Direct Investment (3.1A+3.1B) | 16,982 | 6,280 | 10,702 | 18,567 | 8,753 | 9,814 | | 3.1.A Direct Investment in India | 16,315 | 2,399 | 13,916 | 18,086 | 4,871 | 13,216 | | 3.1.A.1 Equity and investment fund shares | 15,757 | 2,363 | 13,394 | 17,578 | 4,812 | 12,766 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 13,127 | 2,363 | 10,763 | 14,532 | 4,812 | 9,720 | | 3.1.A.1.2 Reinvestment of earnings | 2,631 | 0 | 2,631 | 3,046 | 0 | 3,046 | | 3.1.A.2 Debt instruments | 558 | 36 | 522 | 508 | 59 | 449 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 558 | 36 | 522 | 508 | 59 | 449 | | 3.1.B Direct Investment by India | 667 | 3,881 | –3,214 | 480 | 3,882 | –3,401 | | 3.1.B.1 Equity and investment fund shares | 667 | 2,768 | –2,101 | 480 | 2,928 | –2,448 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 667 | 1,934 | –1,267 | 480 | 2,241 | –1,760 | | 3.1.B.1.2 Reinvestment of earnings | 0 | 834 | –834 | 0 | 688 | –688 | | 3.1.B.2 Debt instruments | 0 | 1,113 | –1,113 | 0 | 953 | –953 | | 3.1.B.2.1 Direct investor in direct investment enterprises | 0 | 1,113 | –1,113 | 0 | 953 | –953 | | 3.2 Portfolio Investment | 46,632 | 46,078 | 554 | 48,405 | 59,746 | –11,341 | | 3.2.A Portfolio Investment in India | 46,521 | 45,957 | 563 | 48,250 | 59,564 | –11,314 | | 3.2.1 Equity and investment fund shares | 36,520 | 37,148 | –629 | 37,637 | 42,371 | –4,733 | | 3.2.2 Debt securities | 10,001 | 8,809 | 1,192 | 10,613 | 17,194 | –6,581 | | 3.2.B Portfolio Investment by India | 111 | 121 | –9 | 154 | 181 | –27 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 3,066 | 2,788 | 278 | 5,931 | 2,811 | 3,120 | | 3.4 Other investment | 48,370 | 49,016 | –646 | 64,512 | 59,943 | 4,569 | | 3.4.1 Other equity (ADRs/GDRs) | 0 | 0 | 0 | 0 | 0 | 0 | | 3.4.2 Currency and deposits | 11,831 | 10,279 | 1,552 | 7,450 | 25,982 | –18,532 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 2 | 0 | 2 | 0 | 2 | –2 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 11,829 | 10,279 | 1,550 | 7,450 | 25,980 | –18,530 | | 3.4.2.3 General government | – | – | – | – | – | – | | 3.4.2.4 Other sectors | – | – | – | – | – | – | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 13,556 | 14,334 | –778 | 30,882 | 10,449 | 20,433 | | 3.4.3.A Loans to India | 13,108 | 14,005 | –897 | 29,904 | 10,112 | 19,793 | | 3.4.3.B Loans by India | 447 | 329 | 118 | 978 | 338 | 640 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 311 | 441 | –130 | 229 | 223 | 5 | | 3.4.5 Trade credit and advances | 20,729 | 22,515 | –1,786 | 23,457 | 20,493 | 2,964 | | 3.4.6 Other accounts receivable/payable - other | 1,943 | 1,447 | 496 | 2,494 | 2,795 | –301 | | 3.4.7 Special drawing rights | 0 | 0 | 0 | 0 | 0 | 0 | | 3.5 Reserve assets | 0 | 4,056 | –4,056 | 1,242 | 0 | 1,242 | | 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) | 0 | 4,056 | –4,056 | 1,242 | 0 | 1,242 | | 4 Total assets/liabilities | 115,050 | 108,218 | 6,831 | 138,656 | 131,252 | 7,404 | | 4.1 Equity and investment fund shares | 56,431 | 45,629 | 10,802 | 62,010 | 53,326 | 8,684 | | 4.2 Debt instruments | 56,675 | 57,086 | –411 | 72,910 | 75,130 | –2,220 | | 4.3 Other financial assets and liabilities | 1,943 | 5,504 | –3,560 | 3,736 | 2,795 | 941 | | 5 Net errors and omissions | 262 | – | 262 | 522 | – | 522 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |