| (US$ Million) |
| Item / Quarter | April-June 2023 | July-September 2023 |
| Credit | Debit | Net | Credit | Debit | Net |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 1 Current Account (1.A+1.B+1.C) | 221635 | 230577 | -8942 | 231670 | 242932 | -11262 |
| 1.A Goods and Services (1.A.a+1.A.b) | 185505 | 207086 | -21580 | 191606 | 216212 | -24606 |
| 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 104936 | 161637 | -56701 | 108254 | 172800 | -64546 |
| 1.A.a.1 General merchandise on a BOP basis | 104497 | 151939 | -47442 | 107367 | 160248 | -52881 |
| 1.A.a.2 Net exports of goods under merchanting | 438 | - | 438 | 888 | - | 888 |
| 1.A.a.3 Nonmonetary gold | - | 9698 | -9698 | - | 12553 | -12553 |
| 1.A.b Services (1.A.b.1 to 1.A.b.13) | 80569 | 45449 | 35121 | 83352 | 43411 | 39940 |
| 1.A.b.1 Manufacturing services on physical inputs owned by others | 481 | 42 | 439 | 283 | 39 | 244 |
| 1.A.b.2 Maintenance and repair services n.i.e. | 47 | 431 | -385 | 56 | 308 | -251 |
| 1.A.b.3 Transport | 7408 | 7693 | -285 | 7054 | 7277 | -223 |
| 1.A.b.4 Travel | 6412 | 9489 | -3077 | 7482 | 8662 | -1180 |
| 1.A.b.5 Construction | 870 | 697 | 174 | 954 | 677 | 277 |
| 1.A.b.6 Insurance and pension services | 761 | 591 | 170 | 828 | 821 | 7 |
| 1.A.b.7 Financial services | 1891 | 1152 | 739 | 2069 | 1183 | 887 |
| 1.A.b.8 Charges for the use of intellectual property n.i.e. | 381 | 3647 | -3266 | 422 | 3341 | -2919 |
| 1.A.b.9 Telecommunications, computer, and information services | 39091 | 4859 | 34231 | 40546 | 4968 | 35578 |
| 1.A.b.10 Other business services | 21831 | 15203 | 6627 | 21472 | 13673 | 7799 |
| 1.A.b.11 Personal, cultural, and recreational services | 968 | 1279 | -312 | 1211 | 2080 | -869 |
| 1.A.b.12 Government goods and services n.i.e. | 159 | 250 | -91 | 140 | 244 | -104 |
| 1.A.b.13 Others n.i.e. | 272 | 116 | 156 | 835 | 140 | 695 |
| 1.B Primary Income (1.B.1 to 1.B.3) | 9014 | 19235 | -10221 | 11917 | 23522 | -11604 |
| 1.B.1 Compensation of employees | 1827 | 868 | 959 | 1760 | 917 | 843 |
| 1.B.2 Investment income | 5777 | 17931 | -12154 | 8939 | 22192 | -13253 |
| 1.B.2.1 Direct investment | 2355 | 9950 | -7595 | 2322 | 12281 | -9959 |
| 1.B.2.2 Portfolio investment | 208 | 2250 | -2042 | 84 | 3657 | -3573 |
| 1.B.2.3 Other investment | 517 | 5542 | -5025 | 520 | 6036 | -5516 |
| 1.B.2.4 Reserve assets | 2697 | 189 | 2508 | 6013 | 217 | 5796 |
| 1.B.3 Other primary income | 1410 | 436 | 973 | 1219 | 413 | 806 |
| 1.C Secondary Income (1.C.1+1.C.2) | 27116 | 4256 | 22860 | 28146 | 3198 | 24948 |
| 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 27097 | 4024 | 23073 | 28124 | 2954 | 25170 |
| 1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households) | 26325 | 2680 | 23645 | 27335 | 2040 | 25296 |
| 1.C.1.2 Other current transfers | 772 | 1343 | -571 | 788 | 914 | -126 |
| 1.C.2 General government | 19 | 232 | -214 | 22 | 245 | -222 |
| 2 Capital Account (2.1+2.2) | 150 | 145 | 5 | 151 | 202 | -51 |
| 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 12 | 51 | -39 | 9 | 91 | -82 |
| 2.2 Capital transfers | 138 | 94 | 44 | 142 | 110 | 31 |
| 3 Financial Account (3.1 to 3.5) | 181687 | 172324 | 9364 | 205659 | 195292 | 10367 |
| 3.1 Direct Investment (3.1A+3.1B) | 19280 | 14551 | 4730 | 16586 | 17420 | -833 |
| 3.1.A Direct Investment in India | 17792 | 10427 | 7364 | 15723 | 12686 | 3037 |
| 3.1.A.1 Equity and investment fund shares | 15806 | 9351 | 6456 | 14617 | 12278 | 2339 |
| 3.1.A.1.1 Equity other than reinvestment of earnings | 11266 | 9351 | 1915 | 9877 | 12278 | -2401 |
| 3.1.A.1.2 Reinvestment of earnings | 4541 | - | 4541 | 4740 | - | 4740 |
| 3.1.A.2 Debt instruments | 1985 | 1077 | 908 | 1106 | 409 | 698 |
| 3.1.A.2.1 Direct investor in direct investment enterprises | 1985 | 1077 | 908 | 1106 | 409 | 698 |
| 3.1.B Direct Investment by India | 1489 | 4123 | -2634 | 864 | 4734 | -3870 |
| 3.1.B.1 Equity and investment fund shares | 1489 | 3310 | -1822 | 864 | 3130 | -2266 |
| 3.1.B.1.1 Equity other than reinvestment of earnings | 1489 | 1864 | -375 | 864 | 1683 | -820 |
| 3.1.B.1.2 Reinvestment of earnings | - | 1446 | -1446 | - | 1446 | -1446 |
| 3.1.B.2 Debt instruments | - | 813 | -813 | - | 1604 | -1604 |
| 3.1.B.2.1 Direct investor in direct investment enterprises | - | 813 | -813 | - | 1604 | -1604 |
| 3.2 Portfolio Investment | 89775 | 74045 | 15731 | 111986 | 107040 | 4947 |
| 3.2.A Portfolio Investment in India | 88743 | 72654 | 16089 | 111127 | 105841 | 5286 |
| 3.2.1 Equity and investment fund shares | 77174 | 63525 | 13649 | 101529 | 97937 | 3593 |
| 3.2.2 Debt securities | 11569 | 9129 | 2440 | 9598 | 7905 | 1693 |
| 3.2.B Portfolio Investment by India | 1032 | 1391 | -358 | 859 | 1198 | -339 |
| 3.3 Financial derivatives (other than reserves) and employee stock options | 5013 | 5736 | -723 | 5476 | 7362 | -1887 |
| 3.4 Other investment | 67618 | 53561 | 14057 | 71610 | 60951 | 10659 |
| 3.4.1 Other equity (ADRs/GDRs) | - | - | - | - | - | - |
| 3.4.2 Currency and deposits | 19068 | 16688 | 2380 | 21257 | 18120 | 3137 |
| 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 172 | 0 | 172 | 0 | 72 | -72 |
| 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 18896 | 16688 | 2208 | 21257 | 18048 | 3209 |
| 3.4.2.3 General government | - | - | - | - | - | - |
| 3.4.2.4 Other sectors | - | - | - | - | - | - |
| 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 32695 | 14970 | 17724 | 22829 | 23775 | -946 |
| 3.4.3.A Loans to India | 30474 | 12850 | 17624 | 19968 | 19800 | 168 |
| 3.4.3.B Loans by India | 2220 | 2120 | 100 | 2862 | 3975 | -1113 |
| 3.4.4 Insurance, pension, and standardized guarantee schemes | 38 | 168 | -130 | 144 | 10 | 134 |
| 3.4.5 Trade credit and advances | 11875 | 16864 | -4989 | 19662 | 14232 | 5430 |
| 3.4.6 Other accounts receivable/payable - other | 3943 | 4871 | -928 | 7718 | 4814 | 2903 |
| 3.4.7 Special drawing rights | - | - | - | - | - | - |
| 3.5 Reserve assets | - | 24432 | -24432 | - | 2519 | -2519 |
| 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) | - | 24432 | -24432 | - | 2519 | -2519 |
| 4 Total assets/liabilities | 181687 | 172324 | 9364 | 205659 | 195292 | 10367 |
| 4.1 Equity and investment fund shares | 100552 | 83480 | 17072 | 123488 | 121915 | 1574 |
| 4.2 Debt instruments | 77192 | 59541 | 17651 | 74453 | 66044 | 8409 |
| 4.3 Other financial assets and liabilities | 3943 | 29302 | -25359 | 7718 | 7333 | 385 |
| 5 Net errors and omissions | - | 427 | -427 | 946 | - | 946 |
| (Continued) |
| TABLE 196 : STANDARD PRESENTATION OF INDIA’S BALANCE OF PAYMENTS AS PER BPM6 - QUARTERLY- US DOLLAR (Contd.) |
| (US$ Million) |
| Item / Quarter | October-December 2023 | January-March 2024 |
| Credit | Debit | Net | Credit | Debit | Net |
| 1 | 8 | 9 | 10 | 11 | 12 | 13 |
| 1 Current Account (1.A+1.B+1.C) | 236013 | 246428 | -10415 | 253531 | 248945 | 4586 |
| 1.A Goods and Services (1.A.a+1.A.b) | 194412 | 221051 | -26639 | 210982 | 220317 | -9334 |
| 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 106626 | 178272 | -71646 | 121626 | 173645 | -52019 |
| 1.A.a.1 General merchandise on a BOP basis | 106094 | 164571 | -58477 | 121327 | 164054 | -42727 |
| 1.A.a.2 Net exports of goods under merchanting | 532 | - | 532 | 300 | - | 300 |
| 1.A.a.3 Nonmonetary gold | - | 13701 | -13701 | - | 9591 | -9591 |
| 1.A.b Services (1.A.b.1 to 1.A.b.13) | 87785 | 42779 | 45006 | 89356 | 46672 | 42684 |
| 1.A.b.1 Manufacturing services on physical inputs owned by others | 330 | 20 | 310 | 352 | 18 | 335 |
| 1.A.b.2 Maintenance and repair services n.i.e. | 49 | 297 | -248 | 55 | 456 | -401 |
| 1.A.b.3 Transport | 6950 | 6457 | 493 | 7771 | 7829 | -58 |
| 1.A.b.4 Travel | 9850 | 7487 | 2363 | 9961 | 8063 | 1898 |
| 1.A.b.5 Construction | 1097 | 624 | 473 | 1658 | 791 | 867 |
| 1.A.b.6 Insurance and pension services | 811 | 856 | -46 | 927 | 650 | 277 |
| 1.A.b.7 Financial services | 2491 | 956 | 1535 | 1599 | 1269 | 330 |
| 1.A.b.8 Charges for the use of intellectual property n.i.e. | 434 | 4633 | -4199 | 319 | 3365 | -3046 |
| 1.A.b.9 Telecommunications, computer, and information services | 41837 | 5400 | 36437 | 42137 | 5707 | 36430 |
| 1.A.b.10 Other business services | 22647 | 14067 | 8581 | 22620 | 16388 | 6232 |
| 1.A.b.11 Personal, cultural, and recreational services | 1006 | 1464 | -459 | 1253 | 1496 | -243 |
| 1.A.b.12 Government goods and services n.i.e. | 182 | 280 | -98 | 129 | 315 | -186 |
| 1.A.b.13 Others n.i.e. | 103 | 240 | -137 | 575 | 324 | 251 |
| 1.B Primary Income (1.B.1 to 1.B.3) | 10069 | 23162 | -13093 | 10455 | 25272 | -14817 |
| 1.B.1 Compensation of employees | 2010 | 876 | 1134 | 1932 | 1039 | 893 |
| 1.B.2 Investment income | 6557 | 21966 | -15409 | 6758 | 23555 | -16797 |
| 1.B.2.1 Direct investment | 2104 | 13735 | -11631 | 2518 | 13929 | -11411 |
| 1.B.2.2 Portfolio investment | 51 | 1911 | -1860 | 94 | 2383 | -2289 |
| 1.B.2.3 Other investment | 557 | 6096 | -5539 | 874 | 7015 | -6141 |
| 1.B.2.4 Reserve assets | 3845 | 224 | 3621 | 3272 | 229 | 3043 |
| 1.B.3 Other primary income | 1501 | 320 | 1181 | 1765 | 678 | 1087 |
| 1.C Secondary Income (1.C.1+1.C.2) | 31532 | 2215 | 29317 | 32093 | 3356 | 28737 |
| 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 31445 | 2007 | 29438 | 32046 | 3096 | 28950 |
| 1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households) | 30589 | 1430 | 29160 | 31301 | 2324 | 28977 |
| 1.C.1.2 Other current transfers | 856 | 578 | 278 | 745 | 772 | -27 |
| 1.C.2 General government | 87 | 208 | -120 | 48 | 260 | -212 |
| 2 Capital Account (2.1+2.2) | 191 | 280 | -89 | 182 | 138 | 44 |
| 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 36 | 86 | -50 | 21 | 50 | -30 |
| 2.2 Capital transfers | 155 | 194 | -38 | 161 | 87 | 74 |
| 3 Financial Account (3.1 to 3.5) | 216035 | 204770 | 11265 | 247865 | 253139 | -5274 |
| 3.1 Direct Investment (3.1A+3.1B) | 18879 | 14923 | 3956 | 20179 | 17881 | 2299 |
| 3.1.A Direct Investment in India | 18313 | 9947 | 8366 | 19474 | 11411 | 8063 |
| 3.1.A.1 Equity and investment fund shares | 17067 | 8773 | 8295 | 18095 | 10934 | 7161 |
| 3.1.A.1.1 Equity other than reinvestment of earnings | 11912 | 8773 | 3140 | 12762 | 10934 | 1829 |
| 3.1.A.1.2 Reinvestment of earnings | 5155 | - | 5155 | 5332 | - | 5332 |
| 3.1.A.2 Debt instruments | 1246 | 1175 | 71 | 1379 | 477 | 902 |
| 3.1.A.2.1 Direct investor in direct investment enterprises | 1246 | 1175 | 71 | 1379 | 477 | 902 |
| 3.1.B Direct Investment by India | 566 | 4976 | -4410 | 706 | 6470 | -5764 |
| 3.1.B.1 Equity and investment fund shares | 566 | 3801 | -3235 | 706 | 4655 | -3949 |
| 3.1.B.1.1 Equity other than reinvestment of earnings | 566 | 2355 | -1789 | 706 | 3208 | -2503 |
| 3.1.B.1.2 Reinvestment of earnings | - | 1446 | -1446 | - | 1446 | -1446 |
| 3.1.B.2 Debt instruments | - | 1174 | -1174 | - | 1815 | -1815 |
| 3.1.B.2.1 Direct investor in direct investment enterprises | - | 1174 | -1174 | - | 1815 | -1815 |
| 3.2 Portfolio Investment | 125477 | 113465 | 12012 | 138877 | 127485 | 11392 |
| 3.2.A Portfolio Investment in India | 124485 | 112814 | 11671 | 138217 | 126638 | 11579 |
| 3.2.1 Equity and investment fund shares | 108785 | 102117 | 6668 | 120784 | 119426 | 1358 |
| 3.2.2 Debt securities | 15701 | 10697 | 5003 | 17432 | 7212 | 10221 |
| 3.2.B Portfolio Investment by India | 991 | 651 | 341 | 660 | 847 | -187 |
| 3.3 Financial derivatives (other than reserves) and employee stock options | 5776 | 7904 | -2128 | 6126 | 9280 | -3154 |
| 3.4 Other investment | 65903 | 62481 | 3422 | 82683 | 67739 | 14944 |
| 3.4.1 Other equity (ADRs/GDRs) | - | - | - | - | - | - |
| 3.4.2 Currency and deposits | 22577 | 18461 | 4117 | 26996 | 20678 | 6318 |
| 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 196 | 0 | 196 | 955 | - | 955 |
| 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 22381 | 18461 | 3921 | 26041 | 20678 | 5363 |
| 3.4.2.3 General government | - | - | - | - | - | - |
| 3.4.2.4 Other sectors | - | - | - | - | - | - |
| 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 29492 | 18573 | 10919 | 32434 | 28167 | 4267 |
| 3.4.3.A Loans to India | 26771 | 14022 | 12750 | 29025 | 23828 | 5197 |
| 3.4.3.B Loans by India | 2721 | 4551 | -1830 | 3409 | 4339 | -929 |
| 3.4.4 Insurance, pension, and standardized guarantee schemes | 37 | 158 | -121 | 54 | 85 | -31 |
| 3.4.5 Trade credit and advances | 14235 | 15723 | -1489 | 13079 | 12865 | 214 |
| 3.4.6 Other accounts receivable/payable - other | -437 | 9566 | -10004 | 10120 | 5945 | 4175 |
| 3.4.7 Special drawing rights | - | - | - | - | - | - |
| 3.5 Reserve assets | - | 5998 | -5998 | - | 30754 | -30754 |
| 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) | - | 5998 | -5998 | - | 30754 | -30754 |
| 4 Total assets/liabilities | 216035 | 204770 | 11265 | 247865 | 253139 | -5274 |
| 4.1 Equity and investment fund shares | 133222 | 123403 | 9819 | 146425 | 145227 | 1198 |
| 4.2 Debt instruments | 83250 | 65802 | 17448 | 91320 | 71214 | 20107 |
| 4.3 Other financial assets and liabilities | -437 | 15565 | -16002 | 10120 | 36698 | -26578 |
| 5 Net errors and omissions | - | 761 | -761 | 643 | - | 643 |
| (Continued) |
| TABLE 196 : STANDARD PRESENTATION OF INDIA’S BALANCE OF PAYMENTS AS PER BPM6 - QUARTERLY- US DOLLAR (Contd.) |
| (US$ Million) |
| Item / Quarter | April-June 2024 | July-September 2024 |
| Credit | Debit | Net | Credit | Debit | Net |
| 1 | 14 | 15 | 16 | 17 | 18 | 19 |
| 1 Current Account (1.A+1.B+1.C) | 241831 | 250478 | -8647 | 249844 | 266611 | -16767 |
| 1.A Goods and Services (1.A.a+1.A.b) | 199623 | 223747 | -24124 | 198098 | 238100 | -40003 |
| 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 111158 | 174963 | -63805 | 104528 | 189156 | -84628 |
| 1.A.a.1 General merchandise on a BOP basis | 111119 | 166616 | -55497 | 104542 | 168464 | -63922 |
| 1.A.a.2 Net exports of goods under merchanting | 39 | - | 39 | -14 | - | -14 |
| 1.A.a.3 Nonmonetary gold | - | 8347 | -8347 | - | 20691 | -20691 |
| 1.A.b Services (1.A.b.1 to 1.A.b.13) | 88465 | 48784 | 39681 | 93570 | 48945 | 44625 |
| 1.A.b.1 Manufacturing services on physical inputs owned by others | 268 | 22 | 246 | 276 | 20 | 256 |
| 1.A.b.2 Maintenance and repair services n.i.e. | 81 | 238 | -157 | 90 | 263 | -172 |
| 1.A.b.3 Transport | 8506 | 8609 | -103 | 8813 | 9188 | -375 |
| 1.A.b.4 Travel | 7352 | 9171 | -1819 | 7635 | 9367 | -1732 |
| 1.A.b.5 Construction | 1478 | 563 | 915 | 1263 | 951 | 312 |
| 1.A.b.6 Insurance and pension services | 903 | 593 | 310 | 904 | 786 | 119 |
| 1.A.b.7 Financial services | 2215 | 1267 | 948 | 2190 | 1265 | 926 |
| 1.A.b.8 Charges for the use of intellectual property n.i.e. | 341 | 4448 | -4107 | 448 | 3877 | -3428 |
| 1.A.b.9 Telecommunications, computer, and information services | 42541 | 5215 | 37326 | 44772 | 5333 | 39439 |
| 1.A.b.10 Other business services | 23000 | 16625 | 6375 | 25176 | 15548 | 9628 |
| 1.A.b.11 Personal, cultural, and recreational services | 1175 | 1249 | -74 | 1107 | 1794 | -688 |
| 1.A.b.12 Government goods and services n.i.e. | 161 | 309 | -147 | 147 | 316 | -169 |
| 1.A.b.13 Others n.i.e. | 444 | 475 | -31 | 747 | 238 | 509 |
| 1.B Primary Income (1.B.1 to 1.B.3) | 12689 | 23547 | -10858 | 16472 | 25666 | -9194 |
| 1.B.1 Compensation of employees | 2137 | 978 | 1159 | 1995 | 1023 | 972 |
| 1.B.2 Investment income | 8660 | 21945 | -13285 | 13047 | 24206 | -11159 |
| 1.B.2.1 Direct investment | 3384 | 12672 | -9288 | 2923 | 12884 | -9961 |
| 1.B.2.2 Portfolio investment | 70 | 2411 | -2341 | 78 | 4152 | -4074 |
| 1.B.2.3 Other investment | 1110 | 6642 | -5532 | 1168 | 6946 | -5779 |
| 1.B.2.4 Reserve assets | 4095 | 220 | 3876 | 8878 | 223 | 8655 |
| 1.B.3 Other primary income | 1892 | 624 | 1268 | 1430 | 438 | 992 |
| 1.C Secondary Income (1.C.1+1.C.2) | 29520 | 3185 | 26335 | 35275 | 2844 | 32430 |
| 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 29502 | 2904 | 26598 | 35247 | 2564 | 32683 |
| 1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households) | 28644 | 1989 | 26655 | 34422 | 1803 | 32619 |
| 1.C.1.2 Other current transfers | 857 | 914 | -57 | 826 | 761 | 64 |
| 1.C.2 General government | 18 | 281 | -263 | 27 | 280 | -253 |
| 2 Capital Account (2.1+2.2) | 185 | 150 | 35 | 186 | 197 | -11 |
| 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 4 | 45 | -41 | 7 | 68 | -61 |
| 2.2 Capital transfers | 182 | 105 | 76 | 179 | 129 | 50 |
| 3 Financial Account (3.1 to 3.5) | 264316 | 256501 | 7815 | 313948 | 296721 | 17227 |
| 3.1 Direct Investment (3.1A+3.1B) | 23925 | 17701 | 6224 | 21137 | 23958 | -2821 |
| 3.1.A Direct Investment in India | 22777 | 12171 | 10606 | 20589 | 15622 | 4967 |
| 3.1.A.1 Equity and investment fund shares | 21627 | 11673 | 9953 | 19280 | 15016 | 4264 |
| 3.1.A.1.1 Equity other than reinvestment of earnings | 16402 | 11673 | 4728 | 13846 | 15016 | -1171 |
| 3.1.A.1.2 Reinvestment of earnings | 5225 | - | 5225 | 5435 | - | 5435 |
| 3.1.A.2 Debt instruments | 1151 | 498 | 653 | 1309 | 606 | 702 |
| 3.1.A.2.1 Direct investor in direct investment enterprises | 1151 | 498 | 653 | 1309 | 606 | 702 |
| 3.1.B Direct Investment by India | 1147 | 5529 | -4382 | 548 | 8336 | -7788 |
| 3.1.B.1 Equity and investment fund shares | 1147 | 4439 | -3292 | 548 | 6295 | -5747 |
| 3.1.B.1.1 Equity other than reinvestment of earnings | 1147 | 2728 | -1580 | 548 | 4583 | -4035 |
| 3.1.B.1.2 Reinvestment of earnings | - | 1712 | -1712 | - | 1712 | -1712 |
| 3.1.B.2 Debt instruments | - | 1090 | -1090 | - | 2041 | -2041 |
| 3.1.B.2.1 Direct investor in direct investment enterprises | - | 1090 | -1090 | - | 2041 | -2041 |
| 3.2 Portfolio Investment | 159844 | 158899 | 945 | 182108 | 162258 | 19850 |
| 3.2.A Portfolio Investment in India | 159240 | 158343 | 897 | 181433 | 161618 | 19815 |
| 3.2.1 Equity and investment fund shares | 139824 | 140833 | -1009 | 160273 | 149590 | 10683 |
| 3.2.2 Debt securities | 19416 | 17510 | 1906 | 21160 | 12028 | 9132 |
| 3.2.B Portfolio Investment by India | 604 | 556 | 48 | 675 | 640 | 35 |
| 3.3 Financial derivatives (other than reserves) and employee stock options | 6053 | 9666 | -3613 | 6359 | 11892 | -5533 |
| 3.4 Other investment | 74495 | 65009 | 9486 | 104344 | 80000 | 24344 |
| 3.4.1 Other equity (ADRs/GDRs) | - | - | - | - | - | - |
| 3.4.2 Currency and deposits | 23547 | 19401 | 4146 | 29240 | 22753 | 6487 |
| 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 121 | - | 121 | 319 | - | 319 |
| 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 23426 | 19401 | 4025 | 28921 | 22753 | 6167 |
| 3.4.2.3 General government | - | - | - | - | - | - |
| 3.4.2.4 Other sectors | - | - | - | - | - | - |
| 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 29099 | 27475 | 1625 | 44377 | 40648 | 3729 |
| 3.4.3.A Loans to India | 24955 | 23193 | 1762 | 39312 | 32594 | 6718 |
| 3.4.3.B Loans by India | 4144 | 4281 | -137 | 5065 | 8054 | -2989 |
| 3.4.4 Insurance, pension, and standardized guarantee schemes | 47 | 133 | -86 | 47 | 3 | 44 |
| 3.4.5 Trade credit and advances | 15548 | 13321 | 2228 | 19647 | 14330 | 5317 |
| 3.4.6 Other accounts receivable/payable - other | 6253 | 4680 | 1574 | 11033 | 2265 | 8768 |
| 3.4.7 Special drawing rights | - | - | - | - | - | - |
| 3.5 Reserve assets | - | 5226 | -5226 | - | 18614 | -18614 |
| 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) | - | 5226 | -5226 | - | 18614 | -18614 |
| 4 Total assets/liabilities | 264316 | 256501 | 7815 | 313948 | 296721 | 17227 |
| 4.1 Equity and investment fund shares | 169302 | 167301 | 2001 | 187183 | 183437 | 3746 |
| 4.2 Debt instruments | 88761 | 79295 | 9466 | 115732 | 92406 | 23326 |
| 4.3 Other financial assets and liabilities | 6253 | 9906 | -3652 | 11033 | 20879 | -9846 |
| 5 Net errors and omissions | 797 | - | 797 | - | 449 | -449 |
| (Continued) |
| TABLE 196 : STANDARD PRESENTATION OF INDIA’S BALANCE OF PAYMENTS AS PER BPM6 - QUARTERLY- US DOLLAR (Concld.) |
| (US$ Million) |
| Item / Quarter | October-December 2024 | January-March 2025 |
| Credit | Debit | Net | Credit | Debit | Net |
| 1 | 20 | 21 | 22 | 23 | 24 | 25 |
| 1 Current Account (1.A+1.B+1.C) | 261724 | 273045 | -11321 | 264919 | 251439 | 13480 |
| 1.A Goods and Services (1.A.a+1.A.b) | 213308 | 241401 | -28093 | 218302 | 224473 | -6171 |
| 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 109821 | 189124 | -79303 | 116283 | 175762 | -59478 |
| 1.A.a.1 General merchandise on a BOP basis | 109395 | 169657 | -60262 | 116068 | 166261 | -50193 |
| 1.A.a.2 Net exports of goods under merchanting | 426 | - | 426 | 216 | - | 216 |
| 1.A.a.3 Nonmonetary gold | - | 19467 | -19467 | - | 9501 | -9501 |
| 1.A.b Services (1.A.b.1 to 1.A.b.13) | 103488 | 52277 | 51210 | 102019 | 48711 | 53308 |
| 1.A.b.1 Manufacturing services on physical inputs owned by others | 244 | 31 | 213 | 280 | 46 | 235 |
| 1.A.b.2 Maintenance and repair services n.i.e. | 82 | 305 | -223 | 98 | 292 | -193 |
| 1.A.b.3 Transport | 8278 | 8847 | -569 | 8151 | 8385 | -234 |
| 1.A.b.4 Travel | 10068 | 8371 | 1698 | 9097 | 7934 | 1162 |
| 1.A.b.5 Construction | 1047 | 834 | 213 | 1553 | 820 | 733 |
| 1.A.b.6 Insurance and pension services | 870 | 894 | -24 | 886 | 762 | 124 |
| 1.A.b.7 Financial services | 2086 | 741 | 1346 | 1989 | 795 | 1193 |
| 1.A.b.8 Charges for the use of intellectual property n.i.e. | 621 | 4573 | -3952 | 376 | 4358 | -3981 |
| 1.A.b.9 Telecommunications, computer, and information services | 48296 | 7416 | 40880 | 47738 | 6309 | 41430 |
| 1.A.b.10 Other business services | 29603 | 18252 | 11352 | 29432 | 16221 | 13212 |
| 1.A.b.11 Personal, cultural, and recreational services | 1148 | 1242 | -95 | 1270 | 1470 | -199 |
| 1.A.b.12 Government goods and services n.i.e. | 167 | 307 | -139 | 165 | 330 | -165 |
| 1.A.b.13 Others n.i.e. | 977 | 465 | 512 | 983 | 990 | -7 |
| 1.B Primary Income (1.B.1 to 1.B.3) | 12341 | 28775 | -16434 | 11900 | 23782 | -11882 |
| 1.B.1 Compensation of employees | 2180 | 1046 | 1135 | 2027 | 1032 | 995 |
| 1.B.2 Investment income | 8094 | 26937 | -18843 | 7800 | 22296 | -14497 |
| 1.B.2.1 Direct investment | 2631 | 17134 | -14503 | 2743 | 13132 | -10389 |
| 1.B.2.2 Portfolio investment | 95 | 2596 | -2502 | 110 | 1937 | -1827 |
| 1.B.2.3 Other investment | 690 | 7003 | -6313 | 846 | 7048 | -6203 |
| 1.B.2.4 Reserve assets | 4678 | 204 | 4474 | 4101 | 179 | 3923 |
| 1.B.3 Other primary income | 2067 | 793 | 1274 | 2074 | 454 | 1620 |
| 1.C Secondary Income (1.C.1+1.C.2) | 36074 | 2868 | 33206 | 34717 | 3184 | 31532 |
| 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 35992 | 2565 | 33427 | 34686 | 2838 | 31848 |
| 1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households) | 35063 | 1871 | 33192 | 33936 | 2096 | 31839 |
| 1.C.1.2 Other current transfers | 928 | 694 | 234 | 750 | 741 | 9 |
| 1.C.2 General government | 83 | 303 | -221 | 31 | 347 | -316 |
| 2 Capital Account (2.1+2.2) | 185 | 322 | -137 | 198 | 279 | -81 |
| 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 16 | 151 | -135 | 16 | 112 | -96 |
| 2.2 Capital transfers | 169 | 171 | -2 | 182 | 166 | 16 |
| 3 Financial Account (3.1 to 3.5) | 319887 | 308717 | 11171 | 255589 | 269900 | -14311 |
| 3.1 Direct Investment (3.1A+3.1B) | 20635 | 23445 | -2810 | 18494 | 18127 | 366 |
| 3.1.A Direct Investment in India | 19722 | 16218 | 3505 | 17527 | 7474 | 10053 |
| 3.1.A.1 Equity and investment fund shares | 17069 | 15637 | 1433 | 15776 | 7199 | 8576 |
| 3.1.A.1.1 Equity other than reinvestment of earnings | 11136 | 15637 | -4501 | 9610 | 7199 | 2411 |
| 3.1.A.1.2 Reinvestment of earnings | 5934 | - | 5934 | 6165 | - | 6165 |
| 3.1.A.2 Debt instruments | 2653 | 581 | 2072 | 1751 | 275 | 1476 |
| 3.1.A.2.1 Direct investor in direct investment enterprises | 2653 | 581 | 2072 | 1751 | 275 | 1476 |
| 3.1.B Direct Investment by India | 913 | 7228 | -6315 | 967 | 10653 | -9686 |
| 3.1.B.1 Equity and investment fund shares | 913 | 5024 | -4111 | 967 | 8033 | -7066 |
| 3.1.B.1.1 Equity other than reinvestment of earnings | 913 | 3313 | -2400 | 967 | 6321 | -5354 |
| 3.1.B.1.2 Reinvestment of earnings | - | 1712 | -1712 | - | 1712 | -1712 |
| 3.1.B.2 Debt instruments | - | 2203 | -2203 | - | 2620 | -2620 |
| 3.1.B.2.1 Direct investor in direct investment enterprises | - | 2203 | -2203 | - | 2620 | -2620 |
| 3.2 Portfolio Investment | 171412 | 182784 | -11372 | 125970 | 131829 | -5859 |
| 3.2.A Portfolio Investment in India | 170667 | 182102 | -11435 | 124923 | 130917 | -5995 |
| 3.2.1 Equity and investment fund shares | 144811 | 156671 | -11860 | 101683 | 115225 | -13541 |
| 3.2.2 Debt securities | 25856 | 25431 | 425 | 23239 | 15693 | 7547 |
| 3.2.B Portfolio Investment by India | 745 | 682 | 63 | 1048 | 912 | 136 |
| 3.3 Financial derivatives (other than reserves) and employee stock options | 6569 | 12105 | -5536 | 4928 | 12389 | -7461 |
| 3.4 Other investment | 83611 | 90383 | -6772 | 106197 | 98766 | 7430 |
| 3.4.1 Other equity (ADRs/GDRs) | - | - | - | - | - | - |
| 3.4.2 Currency and deposits | 25919 | 22776 | 3143 | 26288 | 23677 | 2611 |
| 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 8 | 5 | 2 | 0 | 219 | -219 |
| 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 25912 | 22771 | 3141 | 26288 | 23458 | 2830 |
| 3.4.2.3 General government | - | - | - | - | - | - |
| 3.4.2.4 Other sectors | - | - | - | - | - | - |
| 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 37442 | 45288 | -7846 | 49782 | 51423 | -1641 |
| 3.4.3.A Loans to India | 27815 | 35669 | -7854 | 26636 | 28731 | -2095 |
| 3.4.3.B Loans by India | 9627 | 9619 | 8 | 23147 | 22693 | 454 |
| 3.4.4 Insurance, pension, and standardized guarantee schemes | 52 | 59 | -7 | 56 | 630 | -574 |
| 3.4.5 Trade credit and advances | 19253 | 15241 | 4012 | 13558 | 17961 | -4403 |
| 3.4.6 Other accounts receivable/payable - other | 945 | 7019 | -6075 | 16512 | 5076 | 11437 |
| 3.4.7 Special drawing rights | - | - | - | - | - | - |
| 3.5 Reserve assets | 37660 | - | 37660 | - | 8789 | -8789 |
| 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) | 37660 | - | 37660 | - | 8789 | -8789 |
| 4 Total assets/liabilities | 319887 | 308717 | 11171 | 255589 | 269900 | -14311 |
| 4.1 Equity and investment fund shares | 170159 | 190178 | -20019 | 124457 | 144387 | -19929 |
| 4.2 Debt instruments | 111123 | 111519 | -397 | 114619 | 111649 | 2970 |
| 4.3 Other financial assets and liabilities | 38605 | 7019 | 31586 | 16512 | 13864 | 2648 |
| 5 Net errors and omissions | 288 | - | 288 | 912 | - | 912 |
Notes : 1. n.i.e.: not included elsewhere.
2. Data for 2024-25 are preliminary estimates.
3. Totals may not tally due to rounding off.
Also see Notes on Tables.
Source : Reserve Bank of India. |