| (US$ Million) |
| Item | Oct-Dec 2024 | Oct-Dec 2025 (P) |
| Credit | Debit | Net | Credit | Debit | Net |
| 1 | 2 | 3 | 4 | 5 | 6 |
| 1. Current Account (1.A+1.B+1.C) | 261720 | 273035 | -11315 | 274857 | 288029 | -13172 |
| 1.A Goods and Services (1.A.a+1.A.b) | 213304 | 241403 | -28099 | 222921 | 259049 | -36128 |
| 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 109817 | 189126 | -79309 | 111694 | 205324 | -93629 |
| 1.A.a.1 General merchandise on a BOP basis | 109391 | 169659 | -60268 | 111359 | 182444 | -71085 |
| 1.A.a.2 Net exports of goods under merchanting | 426 | 0 | 426 | 335 | 0 | 335 |
| 1.A.a.3 Nonmonetary gold | | 19467 | -19467 | | 22879 | -22879 |
| 1.A.b Services (1.A.b.1 to 1.A.b.13) | 103487 | 52277 | 51210 | 111227 | 53726 | 57502 |
| 1.A.b.1 Manufacturing services on physical inputs owned by others | 244 | 31 | 213 | 369 | 65 | 304 |
| 1.A.b.2 Maintenance and repair services n.i.e. | 82 | 305 | -223 | 120 | 465 | -345 |
| 1.A.b.3 Transport | 8278 | 8847 | -569 | 8278 | 8481 | -203 |
| 1.A.b.4 Travel | 10068 | 8371 | 1698 | 9924 | 9052 | 872 |
| 1.A.b.5 Construction | 1047 | 834 | 213 | 1371 | 822 | 549 |
| 1.A.b.6 Insurance and pension services | 870 | 894 | -24 | 888 | 832 | 56 |
| 1.A.b.7 Financial services | 2086 | 741 | 1346 | 1935 | 875 | 1060 |
| 1.A.b.8 Charges for the use of intellectual property n.i.e. | 621 | 4573 | -3952 | 491 | 4562 | -4070 |
| 1.A.b.9 Telecommunications, computer, and information services | 48296 | 7416 | 40880 | 54315 | 7275 | 47039 |
| 1.A.b.10 Other business services | 29603 | 18252 | 11352 | 32121 | 19261 | 12859 |
| 1.A.b.11 Personal, cultural, and recreational services | 1148 | 1242 | -95 | 1193 | 1120 | 73 |
| 1.A.b.12 Government goods and services n.i.e. | 167 | 307 | -139 | 166 | 335 | -170 |
| 1.A.b.13 Others n.i.e. | 977 | 465 | 512 | 58 | 582 | -524 |
| 1.B Primary Income (1.B.1 to 1.B.3) | 12341 | 28763 | -16422 | 13994 | 26192 | -12198 |
| 1.B.1 Compensation of employees | 2180 | 1046 | 1135 | 2253 | 1146 | 1107 |
| 1.B.2 Investment income | 8094 | 26925 | -18831 | 7909 | 23722 | -15813 |
| 1.B.2.1 Direct investment | 2631 | 17134 | -14503 | 2793 | 15041 | -12249 |
| 1.B.2.2 Portfolio investment | 95 | 2596 | -2502 | 80 | 1833 | -1753 |
| 1.B.2.3 Other investment | 690 | 6991 | -6301 | 1075 | 6686 | -5612 |
| 1.B.2.4 Reserve assets | 4678 | 204 | 4474 | 3962 | 161 | 3801 |
| 1.B.3 Other primary income | 2067 | 793 | 1274 | 3832 | 1324 | 2508 |
| 1.C Secondary Income (1.C.1+1.C.2) | 36074 | 2868 | 33206 | 37942 | 2788 | 35154 |
| 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 35992 | 2565 | 33427 | 37844 | 2477 | 35367 |
| 1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households) | 35063 | 1871 | 33192 | 36888 | 1862 | 35026 |
| 1.C.1.2 Other current transfers | 928 | 694 | 234 | 956 | 615 | 341 |
| 1.C.2 General government | 83 | 303 | -221 | 97 | 310 | -213 |
| 2. Capital Account (2.1+2.2) | 185 | 322 | -137 | 228 | 211 | 17 |
| 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 16 | 151 | -135 | 25 | 73 | -48 |
| 2.2 Capital transfers | 169 | 171 | -2 | 203 | 138 | 65 |
| 3. Financial Account (3.1 to 3.5) | 319938 | 308785 | 11154 | 484292 | 469931 | 14361 |
| 3.1 Direct Investment (3.1A+3.1B) | 20635 | 23445 | -2810 | 22457 | 26116 | -3659 |
| 3.1.A Direct Investment in India | 19722 | 16218 | 3505 | 21804 | 17926 | 3879 |
| 3.1.A.1 Equity and investment fund shares | 17069 | 15637 | 1433 | 20248 | 17273 | 2975 |
| 3.1.A.1.1 Equity other than reinvestment of earnings | 11136 | 15637 | -4501 | 13589 | 17273 | -3684 |
| 3.1.A.1.2 Reinvestment of earnings | 5934 | | 5934 | 6659 | | 6659 |
| 3.1.A.2 Debt instruments | 2653 | 581 | 2072 | 1556 | 652 | 904 |
| 3.1.A.2.1 Direct investor in direct investment enterprises | 2653 | 581 | 2072 | 1556 | 652 | 904 |
| 3.1.B Direct Investment by India | 913 | 7228 | -6315 | 652 | 8190 | -7538 |
| 3.1.B.1 Equity and investment fund shares | 913 | 5024 | -4111 | 652 | 6542 | -5890 |
| 3.1.B.1.1 Equity other than reinvestment of earnings | 913 | 3313 | -2400 | 652 | 4613 | -3960 |
| 3.1.B.1.2 Reinvestment of earnings | | 1712 | -1712 | | 1929 | -1929 |
| 3.1.B.2 Debt instruments | 0 | 2203 | -2203 | 0 | 1648 | -1648 |
| 3.1.B.2.1 Direct investor in direct investment enterprises | | 2203 | -2203 | | 1648 | -1648 |
| 3.2 Portfolio Investment | 171412 | 182784 | -11372 | 185550 | 185727 | -177 |
| 3.2.A Portfolio Investment in India | 170667 | 182102 | -11435 | 184185 | 184270 | -85 |
| 3.2.1 Equity and investment fund shares | 144811 | 156671 | -11860 | 157600 | 158838 | -1238 |
| 3.2.2 Debt securities | 25856 | 25431 | 425 | 26585 | 25431 | 1154 |
| 3.2.B Portfolio Investment by India | 745 | 682 | 63 | 1365 | 1458 | -93 |
| 3.3 Financial derivatives (other than reserves) and employee stock options | 6569 | 12105 | -5536 | 6549 | 12194 | -5646 |
| 3.4 Other investment | 83662 | 90450 | -6789 | 245328 | 245894 | -565 |
| 3.4.1 Other equity (ADRs/GDRs) | 0 | 0 | 0 | 0 | 0 | 0 |
| 3.4.2 Currency and deposits | 25919 | 22776 | 3143 | 25932 | 20995 | 4936 |
| 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 8 | 5 | 2 | 0 | 118 | -118 |
| 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 25912 | 22771 | 3141 | 25932 | 20877 | 5054 |
| 3.4.2.3 General government | | | 0 | | | 0 |
| 3.4.2.4 Other sectors | | | 0 | | | 0 |
| 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 37480 | 45347 | -7867 | 197424 | 199769 | -2345 |
| 3.4.3.A Loans to India | 27853 | 35728 | -7875 | 20853 | 22000 | -1147 |
| 3.4.3.B Loans by India | 9627 | 9619 | 8 | 176571 | 177769 | -1198 |
| 3.4.4 Insurance, pension, and standardized guarantee schemes | 52 | 59 | -7 | 52 | 34 | 18 |
| 3.4.5 Trade credit and advances | 19253 | 15241 | 4012 | 24451 | 13034 | 11417 |
| 3.4.6 Other accounts receivable/payable - other | 958 | 7028 | -6071 | -2530 | 12061 | -14592 |
| 3.4.7 Special drawing rights | | | 0 | | | 0 |
| 3.5 Reserve assets | 37660 | 0 | 37660 | 24409 | 0 | 24409 |
| 3.5.1 Monetary gold | | | 0 | | | 0 |
| 3.5.2 Special drawing rights n.a. | | | 0 | | | 0 |
| 3.5.3 Reserve position in the IMF n.a. | | | 0 | | | 0 |
| 3.5.4 Other reserve assets (Foreign Currency Assets) | 37660 | 0 | 37660 | 24409 | 0 | 24409 |
| 4. Total assets/liabilities | 319938 | 308785 | 11154 | 484292 | 469931 | 14361 |
| 4.1 Equity and investment fund shares | 170159 | 190178 | -20019 | 186466 | 196340 | -9874 |
| 4.2 Debt instruments | 111161 | 111578 | -418 | 275948 | 261530 | 14418 |
| 4.3 Other financial assets and liabilities | 38618 | 7028 | 31590 | 21878 | 12061 | 9817 |
| 5. Net errors and omissions | 298 | 0 | 298 | 0 | 1206 | -1206 |
Note: P: Preliminary.
Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. |