| (US $ Million) | | Item | Oct-Dec 2017 (PR) | Oct-Dec 2018 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | 1 Current Account (1.A+1.B+1.C) | 150,247 | 163,950 | –13,704 | 164,430 | 181,330 | –16,900 | | 1.A Goods and Services (1.A.a+1.A.b) | 127,720 | 151,030 | –23,310 | 138,332 | 166,524 | –28,193 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 77,541 | 121,564 | –44,022 | 83,082 | 132,573 | –49,491 | | 1.A.a.1 General merchandise on a BOP basis | 77,848 | 111,951 | –34,103 | 82,438 | 125,486 | –43,048 | | 1.A.a.2 Net exports of goods under merchanting | –307 | 0 | –307 | 643 | – | 643 | | 1.A.a.3 Nonmonetary gold | – | 9,612 | –9,612 | – | 7,087 | –7,087 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 50,179 | 29,467 | 20,712 | 55,250 | 33,951 | 21,299 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 34 | 13 | 21 | 99 | 13 | 87 | | 1.A.b.2 Maintenance and repair services n.i.e. | 43 | 129 | –87 | 64 | 376 | –313 | | 1.A.b.3 Transport | 4,388 | 4,419 | –31 | 4,807 | 5,231 | –424 | | 1.A.b.4 Travel | 7,441 | 4,606 | 2,836 | 7,372 | 4,863 | 2,510 | | 1.A.b.5 Construction | 529 | 327 | 201 | 865 | 618 | 247 | | 1.A.b.6 Insurance and pension services | 611 | 435 | 176 | 689 | 419 | 271 | | 1.A.b.7 Financial services | 983 | 1,574 | –591 | 1,324 | 992 | 332 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 215 | 1,929 | –1,714 | 182 | 2,173 | –1,990 | | 1.A.b.9 Telecommunications, computer, and information services | 20,071 | 1,662 | 18,409 | 21,862 | 1,629 | 20,233 | | 1.A.b.10 Other business services | 9,859 | 9,360 | 499 | 9,978 | 10,131 | –152 | | 1.A.b.11 Personal, cultural, and recreational services | 366 | 501 | –135 | 459 | 583 | –124 | | 1.A.b.12 Government goods and services n.i.e. | 203 | 193 | 11 | 144 | 289 | –145 | | 1.A.b.13 Others n.i.e. | 5,437 | 4,320 | 1,117 | 7,403 | 6,635 | 768 | | 1.B Primary Income (1.B.1 to 1.B.3) | 4,848 | 11,316 | –6,468 | 7,310 | 13,274 | –5,964 | | 1.B.1 Compensation of employees | 1,155 | 572 | 584 | 1,363 | 591 | 772 | | 1.B.2 Investment income | 3,068 | 10,626 | –7,558 | 5,089 | 12,516 | –7,427 | | 1.B.2.1 Direct investment | 1,508 | 4,743 | –3,235 | 1,663 | 6,548 | –4,885 | | 1.B.2.2 Portfolio investment | 19 | 2,618 | –2,599 | 35 | 2,311 | –2,277 | | 1.B.2.3 Other investment | 332 | 3,257 | –2,925 | 204 | 3,642 | –3,438 | | 1.B.2.4 Reserve assets | 1,209 | 8 | 1,201 | 3,187 | 14 | 3,174 | | 1.B.3 Other primary income | 625 | 119 | 506 | 857 | 167 | 690 | | 1.C Secondary Income (1.C.1+1.C.2) | 17,678 | 1,604 | 16,074 | 18,789 | 1,532 | 17,257 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 17,589 | 1,422 | 16,167 | 18,693 | 1,316 | 17,377 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ | 17,011 | 1,083 | 15,928 | 18,019 | 987 | 17,032 | | 1.C.1.2 Other current transfers | 578 | 339 | 239 | 674 | 329 | 345 | | 1.C.2 General government | 89 | 182 | –93 | 96 | 216 | –120 | | 2 Capital Account (2.1+2.2) | 131 | 97 | 33 | 71 | 147 | –76 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 47 | 19 | 28 | 5 | 42 | –36 | | 2.2 Capital transfers | 84 | 78 | 5 | 66 | 106 | –40 | | 3 Financial Account (3.1 to 3.5) | 169,205 | 156,155 | 13,050 | 126,760 | 108,795 | 17,965 | | 3.1 Direct Investment (3.1A+3.1B) | 15,270 | 10,947 | 4,323 | 16,155 | 8,633 | 7,523 | | 3.1.A Direct Investment in India | 14,301 | 8,315 | 5,985 | 15,530 | 5,139 | 10,391 | | 3.1.A.1 Equity and investment fund shares | 13,937 | 8,287 | 5,650 | 14,509 | 5,101 | 9,408 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 10,755 | 8,287 | 2,468 | 11,005 | 5,101 | 5,904 | | 3.1.A.1.2 Reinvestment of earnings | 3,182 | – | 3,182 | 3,504 | – | 3,504 | | 3.1.A.2 Debt instruments | 364 | 29 | 335 | 1,022 | 38 | 984 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 364 | 29 | 335 | 1,022 | 38 | 984 | | 3.1.B Direct Investment by India | 969 | 2,631 | –1,662 | 625 | 3,494 | –2,869 | | 3.1.B.1 Equity and investment fund shares | 969 | 1,903 | –934 | 625 | 2,472 | –1,847 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 969 | 1,190 | –221 | 625 | 1,719 | –1,094 | | 3.1.B.1.2 Reinvestment of earnings | – | 713 | –713 | – | 753 | –753 | | 3.1.B.2 Debt instruments | 0 | 728 | –728 | 0 | 1,021 | –1,021 | | 3.1.B.2.1 Direct investor in direct investment enterprises | – | 728 | –728 | – | 1,021 | –1,021 | | 3.2 Portfolio Investment | 78,703 | 73,382 | 5,322 | 57,107 | 59,218 | –2,111 | | 3.2.A Portfolio Investment in India | 78,576 | 73,145 | 5,430 | 56,733 | 58,921 | –2,188 | | 3.2.1 Equity and investment fund shares | 63,467 | 61,246 | 2,221 | 45,530 | 47,949 | –2,419 | | 3.2.2 Debt securities | 15,109 | 11,900 | 3,209 | 11,203 | 10,972 | 231 | | 3.2.B Portfolio Investment by India | 127 | 236 | –109 | 374 | 297 | 77 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 5,402 | 5,905 | –503 | 5,859 | 5,362 | 497 | | 3.4 Other investment | 69,829 | 56,487 | 13,342 | 43,343 | 35,583 | 7,760 | | 3.4.1 Other equity (ADRs/GDRs) | 0 | 0 | 0 | 0 | 0 | 0 | | 3.4.2 Currency and deposits | 14,738 | 11,398 | 3,340 | 13,298 | 13,343 | –46 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 248 | 0 | 248 | 0 | 185 | –185 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 14,489 | 11,398 | 3,091 | 13,298 | 13,159 | 139 | | 3.4.2.3 General government | – | – | – | – | – | – | | 3.4.2.4 Other sectors | – | – | – | – | – | – | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 23,326 | 20,956 | 2,370 | 21,186 | 12,590 | 8,596 | | 3.4.3.A Loans to India | 20,557 | 18,301 | 2,255 | 17,837 | 9,214 | 8,623 | | 3.4.3.B Loans by India | 2,769 | 2,654 | 114 | 3,348 | 3,376 | –27 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 21 | 58 | –37 | 29 | 207 | –179 | | 3.4.5 Trade credit and advances | 25,449 | 20,667 | 4,782 | 7,064 | 7,809 | –745 | | 3.4.6 Other accounts receivable/payable - other | 6,296 | 3,407 | 2,889 | 1,767 | 1,633 | 134 | | 3.4.7 Special drawing rights | – | – | – | 0 | 0 | 0 | | 3.5 Reserve assets | 0 | 9,434 | –9,434 | 4,296 | 0 | 4,296 | | 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 | 9,434 | –9,434 | 4,296 | 0 | 4,296 | | 4 Total assets/liabilities | 169,205 | 156,155 | 13,050 | 126,760 | 108,795 | 17,965 | | 4.1 Equity and investment fund shares | 83,924 | 77,636 | 6,288 | 66,925 | 61,388 | 5,537 | | 4.2 Debt instruments | 78,985 | 65,678 | 13,308 | 53,772 | 45,774 | 7,998 | | 4.3 Other financial assets and liabilities | 6,296 | 12,842 | –6,546 | 6,063 | 1,633 | 4,430 | | 5 Net errors and omissions | 621 | – | 621 | – | 989 | –989 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |