| (US $ Million) | | Item | Jul-Sep 2016 (PR) | Jul-Sep 2017 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | 1 Current Account (1.A+1.B+1.C) | 127,663 | 131,112 | –3,449 | 145,558 | 152,770 | –7,213 | | 1.A Goods and Services (1.A.a+1.A.b) | 108,291 | 117,608 | –9,318 | 123,490 | 137,867 | –14,377 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 67,411 | 93,023 | –25,612 | 76,082 | 108,880 | –32,798 | | 1.A.a.1 General merchandise on a BOP basis | 67,072 | 89,024 | –21,951 | 75,534 | 103,167 | –27,633 | | 1.A.a.2 Net exports of goods under merchanting | 338 | 0 | 338 | 548 | 0 | 548 | | 1.A.a.3 Nonmonetary gold | – | 3,999 | –3,999 | – | 5,713 | –5,713 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 40,880 | 24,586 | 16,295 | 47,408 | 28,987 | 18,421 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 24 | 8 | 15 | 32 | 9 | 24 | | 1.A.b.2 Maintenance and repair services n.i.e. | 34 | 88 | –53 | 52 | 109 | –58 | | 1.A.b.3 Transport | 3,931 | 3,492 | 439 | 4,206 | 4,175 | 31 | | 1.A.b.4 Travel | 5,534 | 4,525 | 1,009 | 6,962 | 5,332 | 1,630 | | 1.A.b.5 Construction | 526 | 180 | 346 | 517 | 366 | 152 | | 1.A.b.6 Insurance and pension services | 577 | 357 | 220 | 635 | 542 | 92 | | 1.A.b.7 Financial services | 1,479 | 1,530 | –51 | 1,321 | 1,574 | –253 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 113 | 1,241 | –1,128 | 142 | 1,290 | –1,147 | | 1.A.b.9 Telecommunications, computer, and information services | 19,351 | 1,325 | 18,026 | 19,981 | 1,653 | 18,328 | | 1.A.b.10 Other business services | 8,249 | 8,008 | 241 | 9,084 | 9,559 | –475 | | 1.A.b.11 Personal, cultural, and recreational services | 356 | 633 | –277 | 371 | 723 | –353 | | 1.A.b.12 Government goods and services n.i.e. | 146 | 156 | –10 | 126 | 145 | –19 | | 1.A.b.13 Others n.i.e. | 561 | 3,043 | –2,481 | 3,978 | 3,510 | 468 | | 1.B Primary Income (1.B.1 to 1.B.3) | 4,128 | 12,179 | –8,051 | 4,554 | 13,044 | –8,490 | | 1.B.1 Compensation of employees | 902 | 566 | 336 | 1,030 | 564 | 466 | | 1.B.2 Investment income | 2,786 | 11,465 | –8,679 | 2,795 | 12,358 | –9,563 | | 1.B.2.1 Direct investment | 1,237 | 5,719 | –4,483 | 1,486 | 5,899 | –4,413 | | 1.B.2.2 Portfolio investment | 36 | 2,645 | –2,608 | 70 | 3,442 | –3,372 | | 1.B.2.3 Other investment | 522 | 3,100 | –2,578 | 153 | 3,009 | –2,856 | | 1.B.2.4 Reserve assets | 991 | 1 | 990 | 1,086 | 8 | 1,078 | | 1.B.3 Other primary income | 440 | 147 | 293 | 728 | 122 | 607 | | 1.C Secondary Income (1.C.1+1.C.2) | 15,244 | 1,325 | 13,919 | 17,514 | 1,860 | 15,654 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 15,180 | 1,133 | 14,048 | 17,414 | 1,638 | 15,776 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 14,668 | 891 | 13,777 | 16,854 | 1,352 | 15,502 | | 1.C.1.2 Other current transfers | 513 | 242 | 271 | 560 | 286 | 274 | | 1.C.2 General government | 64 | 192 | –129 | 100 | 222 | –122 | | 2 Capital Account (2.1+2.2) | 58 | 72 | –14 | 83 | 118 | –35 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 5 | 14 | –9 | 20 | 41 | –22 | | 2.2 Capital transfers | 53 | 58 | –5 | 64 | 76 | –13 | | 3 Financial Account (3.1 to 3.5) | 138,882 | 134,562 | 4,320 | 146,466 | 139,580 | 6,887 | | 3.1 Direct Investment (3.1A+3.1B) | 24,066 | 7,066 | 17,000 | 20,040 | 7,642 | 12,398 | | 3.1.A Direct Investment in India | 18,064 | 4,081 | 13,983 | 18,973 | 4,288 | 14,685 | | 3.1.A.1 Equity and investment fund shares | 17,201 | 3,904 | 13,297 | 18,241 | 4,253 | 13,987 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 14,328 | 3,904 | 10,424 | 15,203 | 4,253 | 10,950 | | 3.1.A.1.2 Reinvestment of earnings | 2,874 | – | 2,874 | 3,037 | – | 3,037 | | 3.1.A.2 Debt instruments | 863 | 177 | 686 | 732 | 34 | 698 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 863 | 177 | 686 | 732 | 34 | 698 | | 3.1.B Direct Investment by India | 6,002 | 2,985 | 3,016 | 1,067 | 3,355 | –2,288 | | 3.1.B.1 Equity and investment fund shares | 6,002 | 2,343 | 3,659 | 1,067 | 1,760 | –693 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 6,002 | 1,612 | 4,390 | 1,067 | 978 | 89 | | 3.1.B.1.2 Reinvestment of earnings | – | 731 | –731 | – | 781 | –781 | | 3.1.B.2 Debt instruments | 0 | 643 | –643 | 0 | 1,595 | –1,595 | | 3.1.B.2.1 Direct investor in direct investment enterprises | – | 643 | –643 | – | 1,595 | –1,595 | | 3.2 Portfolio Investment | 62,312 | 56,262 | 6,050 | 67,145 | 65,079 | 2,066 | | 3.2.A Portfolio Investment in India | 62,146 | 55,437 | 6,709 | 67,016 | 64,579 | 2,437 | | 3.2.1 Equity and investment fund shares | 49,356 | 44,833 | 4,523 | 52,492 | 55,924 | –3,432 | | 3.2.2 Debt securities | 12,790 | 10,604 | 2,186 | 14,524 | 8,655 | 5,869 | | 3.2.B Portfolio Investment by India | 167 | 825 | –658 | 128 | 500 | –372 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 5,986 | 5,180 | 806 | 4,617 | 5,670 | –1,053 | | 3.4 Other investment | 46,518 | 57,542 | –11,024 | 54,665 | 51,690 | 2,975 | | 3.4.1 Other equity (ADRs/GDRs) | 0 | 0 | 0 | 0 | 0 | 0 | | 3.4.2 Currency and deposits | 13,867 | 11,523 | 2,344 | 12,273 | 11,476 | 797 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 256 | 0 | 256 | 86 | 0 | 86 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 13,611 | 11,523 | 2,088 | 12,187 | 11,476 | 711 | | 3.4.2.3 General government | – | – | – | – | – | – | | 3.4.2.4 Other sectors | – | – | – | – | – | – | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 9,181 | 19,638 | –10,457 | 14,008 | 15,783 | –1,775 | | 3.4.3.A Loans to India | 8,308 | 18,984 | –10,677 | 11,030 | 13,041 | –2,011 | | 3.4.3.B Loans by India | 873 | 654 | 219 | 2,979 | 2,742 | 236 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 40 | 63 | –23 | 42 | 203 | –161 | | 3.4.5 Trade credit and advances | 21,726 | 21,908 | –182 | 24,023 | 20,029 | 3,994 | | 3.4.6 Other accounts receivable/payable - other | 1,705 | 4,410 | –2,705 | 4,317 | 4,199 | 118 | | 3.4.7 Special drawing rights | – | – | – | – | – | 0 | | 3.5 Reserve assets | 0 | 8,512 | –8,512 | – | 9,499 | –9,499 | | 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 | 8,512 | –8,512 | – | 9,499 | –9,499 | | 4 Total assets/liabilities | 138,882 | 134,562 | 4,320 | 146,466 | 139,580 | 6,887 | | 4.1 Equity and investment fund shares | 78,751 | 57,148 | 21,603 | 76,588 | 68,310 | 8,277 | | 4.2 Debt instruments | 58,427 | 64,493 | –6,066 | 65,561 | 57,572 | 7,989 | | 4.3 Other financial assets and liabilities | 1,705 | 12,921 | –11,217 | 4,317 | 13,698 | –9,380 | | 5 Net errors and omissions | – | 857 | –857 | 360 | – | 360 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |