| (₹ Billion) | | 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) | 9,339 | 9,510 | –171 | 10,082 | 10,921 | –840 | | 1.A Goods and Services (1.A.a+1.A.b) | 7,984 | 8,734 | –750 | 8,609 | 9,990 | –1,381 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 5,184 | 7,175 | –1,992 | 5,290 | 7,968 | –2,678 | | 1.A.a.1 General merchandise on a BOP basis | 5,202 | 6,525 | –1,324 | 5,332 | 7,514 | –2,182 | | 1.A.a.2 Net exports of goods under merchanting | -18 | 0 | –18 | -42 | 0 | –42 | | 1.A.a.3 Nonmonetary gold | 0 | 650 | –650 | 0 | 455 | –455 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 2,800 | 1,559 | 1,241 | 3,319 | 2,022 | 1,297 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 2 | 1 | 1 | 4 | 1 | 3 | | 1.A.b.2 Maintenance and repair services n.i.e. | 5 | 8 | –3 | 4 | 10 | –6 | | 1.A.b.3 Transport | 283 | 248 | 36 | 302 | 318 | –16 | | 1.A.b.4 Travel | 450 | 245 | 205 | 496 | 304 | 192 | | 1.A.b.5 Construction | 38 | 16 | 21 | 34 | 38 | –3 | | 1.A.b.6 Insurance and pension services | 40 | 29 | 10 | 41 | 24 | 17 | | 1.A.b.7 Financial services | 67 | 96 | –28 | 108 | 75 | 33 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 9 | 90 | –81 | 14 | 110 | –96 | | 1.A.b.9 Telecommunications, computer, and information services | 1,290 | 86 | 1,205 | 1,324 | 110 | 1,214 | | 1.A.b.10 Other business services | 558 | 552 | 5 | 639 | 607 | 32 | | 1.A.b.11 Personal, cultural, and recreational services | 22 | 30 | –8 | 31 | 40 | –9 | | 1.A.b.12 Government goods and services n.i.e. | 9 | 10 | –1 | 12 | 20 | –8 | | 1.A.b.13 Others n.i.e. | 28 | 149 | –121 | 311 | 366 | –55 | | 1.B Primary Income (1.B.1 to 1.B.3) | 300 | 673 | –373 | 308 | 811 | –503 | | 1.B.1 Compensation of employees | 75 | 43 | 32 | 73 | 40 | 33 | | 1.B.2 Investment income | 176 | 615 | –439 | 183 | 762 | –579 | | 1.B.2.1 Direct investment | 88 | 293 | –205 | 86 | 384 | –298 | | 1.B.2.2 Portfolio investment | 3 | 112 | –109 | 4 | 151 | –147 | | 1.B.2.3 Other investment | 16 | 210 | –193 | 17 | 226 | –209 | | 1.B.2.4 Reserve assets | 68 | 0 | 68 | 76 | 1 | 75 | | 1.B.3 Other primary income | 50 | 15 | 35 | 52 | 9 | 43 | | 1.C Secondary Income (1.C.1+1.C.2) | 1,054 | 102 | 952 | 1,165 | 120 | 1,044 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 1,052 | 89 | 963 | 1,163 | 107 | 1,055 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 1,016 | 72 | 944 | 1,125 | 81 | 1,044 | | 1.C.1.2 Other current transfers | 37 | 17 | 19 | 38 | 26 | 11 | | 1.C.2 General government | 2 | 13 | –11 | 2 | 13 | –11 | | 2 Capital Account (2.1+2.2) | 6 | 5 | 2 | 4 | 7 | –3 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 3 | 1 | 2 | 0 | 0 | 0 | | 2.2 Capital transfers | 3 | 4 | –1 | 4 | 6 | –3 | | 3 Financial Account (3.1 to 3.5) | 9,719 | 9,518 | 201 | 11,031 | 10,271 | 760 | | 3.1 Direct Investment (3.1A+3.1B) | 938 | 603 | 335 | 891 | 478 | 412 | | 3.1.A Direct Investment in India | 827 | 214 | 613 | 843 | 289 | 554 | | 3.1.A.1 Equity and investment fund shares | 751 | 189 | 562 | 804 | 287 | 517 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 534 | 189 | 345 | 585 | 287 | 298 | | 3.1.A.1.2 Reinvestment of earnings | 217 | 0 | 217 | 218 | 0 | 218 | | 3.1.A.2 Debt instruments | 76 | 26 | 50 | 39 | 2 | 37 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 76 | 26 | 50 | 39 | 2 | 37 | | 3.1.B Direct Investment by India | 111 | 389 | –278 | 48 | 189 | –141 | | 3.1.B.1 Equity and investment fund shares | 111 | 282 | –171 | 48 | 127 | –79 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 111 | 233 | –122 | 48 | 81 | –33 | | 3.1.B.1.2 Reinvestment of earnings | 0 | 49 | –49 | 0 | 46 | –46 | | 3.1.B.2 Debt instruments | 0 | 107 | –107 | 0 | 62 | –62 | | 3.1.B.2.1 Direct investor in direct investment enterprises | 0 | 107 | –107 | 0 | 62 | –62 | | 3.2 Portfolio Investment | 4,763 | 4,040 | 724 | 4,629 | 4,482 | 146 | | 3.2.A Portfolio Investment in India | 4,748 | 4,002 | 746 | 4,620 | 4,467 | 153 | | 3.2.1 Equity and investment fund shares | 3,828 | 3,396 | 432 | 3,750 | 3,613 | 137 | | 3.2.2 Debt securities | 921 | 606 | 314 | 870 | 854 | 16 | | 3.2.B Portfolio Investment by India | 15 | 37 | –22 | 9 | 15 | –6 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 293 | 98 | 195 | 322 | 329 | –7 | | 3.4 Other investment | 3,725 | 4,287 | –563 | 5,189 | 4,129 | 1,060 | | 3.4.1 Other equity (ADRs/GDRs) | 0 | 0 | 0 | 0 | 0 | 0 | | 3.4.2 Currency and deposits | 1,006 | 825 | 181 | 1,297 | 993 | 304 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 0 | 0 | 0 | 5 | 0 | 5 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 1,006 | 825 | 181 | 1,291 | 993 | 298 | | 3.4.2.3 General government | | – | – | | – | – | | 3.4.2.4 Other sectors | | – | – | | – | – | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 672 | 1,727 | –1,056 | 1,798 | 1,648 | 150 | | 3.4.3.A Loans to India | 554 | 1,611 | –1,057 | 1,403 | 1,254 | 149 | | 3.4.3.B Loans by India | 117 | 116 | 1 | 396 | 394 | 1 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 2 | 11 | –10 | 3 | 61 | –59 | | 3.4.5 Trade credit and advances | 1,693 | 1,426 | 268 | 1,581 | 1,288 | 292 | | 3.4.6 Other accounts receivable/payable - other | 352 | 298 | 54 | 510 | 138 | 372 | | 3.4.7 Special drawing rights | 0 | 0 | 0 | | – | – | | 3.5 Reserve assets | 0 | 490 | –490 | 0 | 852 | –852 | | 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 | 490 | –490 | 0 | 852 | –852 | | 4 Total assets/liabilities | 9,719 | 9,518 | 201 | 11,031 | 10,271 | 760 | | 4.1 Equity and investment fund shares | 5,000 | 4,013 | 987 | 4,935 | 4,432 | 503 | | 4.2 Debt instruments | 4,368 | 4,717 | –349 | 5,585 | 4,848 | 737 | | 4.3 Other financial assets and liabilities | 352 | 788 | –436 | 510 | 990 | –480 | | 5 Net errors and omissions | | 32 | –32 | 82 | – | 82 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |