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Balance of Payments News

India's current account deficit

07 Sep 2017

Current account deficit may widen to 3% in Apr-Jun: Nomura

The report said despite the wider current account deficit, financing is not a concern.

04 Jan 2017

FDI up 27% at $27.82 billion in Apr-Oct this fiscal

Foreign direct investment (FDI) into the country grew by over 27 percent to USD 27.82 billion during April-October this fiscal.

13 Dec 2016

India's current account deficit narrows to 0.6% of GDP in Sept quarter

The current account deficit (CAD) narrowed by more than a percentage point to 0.6 percent of GDP at USD 3.4 billion in the July-September on account of lower trade deficit.

08 Mar 2015

FDI in services sector up 44% during Apr-Dec

With government taking steps to improve the ease of doing business and attracting foreign investments, FDI inflows into the services sector grew by 44 percent to USD 2.29 billion in the April-December period of the current fiscal.

Balance of Payments

08 Dec 2014

BoP narrows but remains in surplus for fourth year in a row

The country's balance of payments (BoP) remained surplus for the fourth consecutive year at USD 6.9 billion for the second quarter, narrower than USD 11.2 billion surplus in the first quarter, the Reserve Bank of India said Monday.

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