Last Updated on June 9, 2026 12:45 am by BIZNAMA NEWS
Our Correspondent
India reported a current account surplus of 7.1 billion dollars or 0.7 percent of GDP in the January-March quarter of 2025-26. As per the report released by the Reserve Bank of India earlier today, the current account deficit stood at 25.2 billion dollars, or 0.6 per cent of GDP for 2025-26 as compared to 22.9 billion dollars during 2024-25.
As per the report titled “Developments in India’s Balance of Payments during the Fourth Quarter (January-March) of 2025-26”, merchandise trade deficit stood at 83.4 billion dollars in the said quarter this year as compared to 59.3 billion dollars in the past fiscal. The net services receipts increased to 60.4 billion dollars in the last quarter of 2025-26, higher from 53.3 billion dollars that was reported for the same quarter last year.
The report informed that foreign direct investment (FDI) recorded a net inflow of 4.2 billion dollars in the fourth quarter of 2025-26. Similarly, net FDI inflows increased to 6.9 billion dollars in 2025-26 from 1.0 billion dollars in 2024-25.
Foreign portfolio investment (FPI) recorded a net outflow of 12.0 billion dollars in the last quarter of 2025-26. Similarly, FPIs recorded net outflows of 16.4 billion dollars in 2025-26 as against net inflows of 3.6 billion dollars a year ago.
Foreign exchange reserves increased by 7.2 billion dollars in the fourth quarter of 2025-26. However, when considered for the entire fiscal, foreign exchange reserves depleted by 23.6 billion dollars (on a BoP basis) as compared with a depletion of 5.0 billion dollars a year ago.