| (US $ Million) | | Item | Jan-Mar 2017 (PR) | Jan-Mar 2018 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | 1 Current Account (1.A+1.B+1.C) | 139,361 | 141,915 | –2,554 | 156,683 | 169,730 | –13,047 | | 1.A Goods and Services (1.A.a+1.A.b) | 119,145 | 130,341 | –11,196 | 133,803 | 155,262 | –21,459 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 77,354 | 107,076 | –29,722 | 82,218 | 123,841 | –41,623 | | 1.A.a.1 General merchandise on a BOP basis | 77,623 | 97,379 | –19,756 | 82,872 | 116,776 | –33,904 | | 1.A.a.2 Net exports of goods under merchanting | –268 | 0 | –268 | –655 | 0 | –655 | | 1.A.a.3 Nonmonetary gold | – | 9,697 | –9,697 | – | 7,065 | –7,065 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 41,791 | 23,265 | 18,525 | 51,585 | 31,421 | 20,164 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 23 | 11 | 12 | 55 | 13 | 43 | | 1.A.b.2 Maintenance and repair services n.i.e. | 68 | 116 | –48 | 60 | 155 | –95 | | 1.A.b.3 Transport | 4,226 | 3,694 | 533 | 4,688 | 4,941 | –253 | | 1.A.b.4 Travel | 6,720 | 3,655 | 3,065 | 7,710 | 4,728 | 2,983 | | 1.A.b.5 Construction | 564 | 244 | 320 | 535 | 585 | –50 | | 1.A.b.6 Insurance and pension services | 591 | 439 | 153 | 638 | 370 | 268 | | 1.A.b.7 Financial services | 1,007 | 1,431 | –424 | 1,686 | 1,171 | 515 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 140 | 1,342 | –1,203 | 212 | 1,704 | –1,492 | | 1.A.b.9 Telecommunications, computer, and information services | 19,253 | 1,278 | 17,975 | 20,574 | 1,708 | 18,866 | | 1.A.b.10 Other business services | 8,320 | 8,239 | 81 | 9,936 | 9,433 | 503 | | 1.A.b.11 Personal, cultural, and recreational services | 328 | 454 | –126 | 480 | 616 | –136 | | 1.A.b.12 Government goods and services n.i.e. | 136 | 146 | –10 | 179 | 305 | –126 | | 1.A.b.13 Others n.i.e. | 414 | 2,217 | –1,803 | 4,830 | 5,691 | –861 | | 1.B Primary Income (1.B.1 to 1.B.3) | 4,482 | 10,045 | –5,562 | 4,781 | 12,601 | –7,820 | | 1.B.1 Compensation of employees | 1,116 | 646 | 470 | 1,129 | 617 | 513 | | 1.B.2 Investment income | 2,624 | 9,182 | –6,558 | 2,844 | 11,841 | –8,997 | | 1.B.2.1 Direct investment | 1,319 | 4,376 | –3,057 | 1,337 | 5,968 | –4,631 | | 1.B.2.2 Portfolio investment | 46 | 1,677 | –1,630 | 56 | 2,347 | –2,292 | | 1.B.2.3 Other investment | 243 | 3,129 | –2,886 | 268 | 3,515 | –3,247 | | 1.B.2.4 Reserve assets | 1,015 | 0 | 1,015 | 1,183 | 11 | 1,173 | | 1.B.3 Other primary income | 742 | 217 | 525 | 807 | 143 | 664 | | 1.C Secondary Income (1.C.1+1.C.2) | 15,734 | 1,529 | 14,205 | 18,099 | 1,868 | 16,231 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 15,701 | 1,333 | 14,368 | 18,070 | 1,668 | 16,402 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 15,155 | 1,075 | 14,080 | 17,484 | 1,260 | 16,224 | | 1.C.1.2 Other current transfers | 546 | 259 | 288 | 586 | 408 | 178 | | 1.C.2 General government | 33 | 196 | –163 | 29 | 200 | –171 | | 2 Capital Account (2.1+2.2) | 96 | 72 | 24 | 62 | 105 | –43 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 49 | 13 | 36 | 6 | 5 | 1 | | 2.2 Capital transfers | 47 | 60 | –13 | 56 | 100 | –44 | | 3 Financial Account (3.1 to 3.5) | 145,033 | 142,030 | 3,003 | 171,430 | 159,620 | 11,811 | | 3.1 Direct Investment (3.1A+3.1B) | 13,999 | 9,001 | 4,997 | 13,840 | 7,432 | 6,408 | | 3.1.A Direct Investment in India | 12,342 | 3,201 | 9,141 | 13,097 | 4,492 | 8,605 | | 3.1.A.1 Equity and investment fund shares | 11,209 | 2,818 | 8,390 | 12,489 | 4,458 | 8,031 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 7,968 | 2,818 | 5,149 | 9,096 | 4,458 | 4,638 | | 3.1.A.1.2 Reinvestment of earnings | 3,241 | – | 3,241 | 3,393 | – | 3,393 | | 3.1.A.2 Debt instruments | 1,133 | 383 | 750 | 608 | 34 | 574 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 1,133 | 383 | 750 | 608 | 34 | 574 | | 3.1.B Direct Investment by India | 1,657 | 5,800 | –4,143 | 743 | 2,941 | –2,198 | | 3.1.B.1 Equity and investment fund shares | 1,657 | 4,202 | –2,545 | 743 | 1,976 | –1,234 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 1,657 | 3,471 | –1,814 | 743 | 1,263 | –520 | | 3.1.B.1.2 Reinvestment of earnings | – | 731 | –731 | – | 713 | –713 | | 3.1.B.2 Debt instruments | 0 | 1,598 | –1,598 | 0 | 964 | –964 | | 3.1.B.2.1 Direct investor in direct investment enterprises | – | 1,598 | –1,598 | – | 964 | –964 | | 3.2 Portfolio Investment | 71,080 | 60,282 | 10,799 | 71,937 | 69,661 | 2,276 | | 3.2.A Portfolio Investment in India | 70,858 | 59,727 | 11,131 | 71,802 | 69,427 | 2,376 | | 3.2.1 Equity and investment fund shares | 57,118 | 50,678 | 6,440 | 58,274 | 56,148 | 2,126 | | 3.2.2 Debt securities | 13,739 | 9,049 | 4,691 | 13,528 | 13,279 | 249 | | 3.2.B Portfolio Investment by India | 223 | 554 | –332 | 135 | 235 | –100 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 4,371 | 1,458 | 2,914 | 5,010 | 5,114 | –104 | | 3.4 Other investment | 55,583 | 63,978 | –8,395 | 80,643 | 64,175 | 16,468 | | 3.4.1 Other equity (ADRs/GDRs) | 0 | 0 | 0 | 0 | 0 | 0 | | 3.4.2 Currency and deposits | 15,011 | 12,308 | 2,702 | 20,151 | 15,432 | 4,719 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 5 | 0 | 5 | 83 | 0 | 83 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 15,006 | 12,308 | 2,698 | 20,068 | 15,432 | 4,636 | | 3.4.2.3 General government | – | – | – | – | – | – | | 3.4.2.4 Other sectors | – | – | – | – | – | – | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 10,024 | 25,777 | –15,753 | 27,951 | 25,618 | 2,333 | | 3.4.3.A Loans to India | 8,274 | 24,045 | –15,771 | 21,803 | 19,489 | 2,313 | | 3.4.3.B Loans by India | 1,750 | 1,733 | 18 | 6,148 | 6,129 | 19 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 30 | 171 | –142 | 41 | 951 | –910 | | 3.4.5 Trade credit and advances | 25,270 | 21,274 | 3,996 | 24,568 | 20,025 | 4,543 | | 3.4.6 Other accounts receivable/payable - other | 5,247 | 4,446 | 801 | 7,933 | 2,149 | 5,784 | | 3.4.7 Special drawing rights | – | – | 0 | – | – | – | | 3.5 Reserve assets | 0 | 7,312 | –7,312 | 0 | 13,237 | –13,237 | | 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 | 7,312 | –7,312 | 0 | 13,237 | –13,237 | | 4 Total assets/liabilities | 145,033 | 142,030 | 3,003 | 171,430 | 159,620 | 11,811 | | 4.1 Equity and investment fund shares | 74,607 | 59,882 | 14,725 | 76,692 | 68,882 | 7,810 | | 4.2 Debt instruments | 65,178 | 70,390 | –5,212 | 86,806 | 75,352 | 11,454 | | 4.3 Other financial assets and liabilities | 5,247 | 11,758 | –6,510 | 7,933 | 15,386 | –7,453 | | 5 Net errors and omissions | – | 472 | –472 | 1,279 | – | 1,279 | | Note : Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |