| (US $ Million) | | Item | Jan-Mar 2016 (PR) | Jan-Mar 2017 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | 1 Current Account (1.A+1.B+1.C) | 124,651 | 124,969 | –318 | 138,288 | 141,721 | –3,433 | | 1.A Goods and Services (1.A.a+1.A.b) | 105,244 | 113,921 | –8,678 | 118,071 | 130,157 | –12,086 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 65,831 | 90,586 | –24,755 | 77,354 | 107,076 | –29,722 | | 1.A.a.1 General merchandise on a BOP basis | 68,053 | 85,295 | –17,242 | 77,623 | 97,379 | –19,756 | | 1.A.a.2 Net exports of goods under merchanting | –2,222 | 0 | –2,222 | –268 | 0 | –268 | | 1.A.a.3 Nonmonetary gold | – | 5,291 | –5,291 | – | 9,697 | –9,697 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 39,413 | 23,336 | 16,077 | 40,717 | 23,081 | 17,636 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 40 | 26 | 14 | 23 | 11 | 12 | | 1.A.b.2 Maintenance and repair services n.i.e. | 31 | 83 | –51 | 68 | 116 | –48 | | 1.A.b.3 Transport | 3,550 | 3,666 | –115 | 4,226 | 3,694 | 533 | | 1.A.b.4 Travel | 5,904 | 3,580 | 2,324 | 6,720 | 3,630 | 3,090 | | 1.A.b.5 Construction | 499 | 314 | 185 | 564 | 244 | 320 | | 1.A.b.6 Insurance and pension services | 520 | 249 | 271 | 591 | 439 | 153 | | 1.A.b.7 Financial services | 983 | 596 | 387 | 1,007 | 1,431 | –424 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 97 | 1,088 | –991 | 140 | 1,342 | –1,203 | | 1.A.b.9 Telecommunications, computer, and information services | 18,750 | 1,192 | 17,558 | 18,551 | 1,278 | 17,274 | | 1.A.b.10 Other business services | 7,291 | 8,664 | –1,373 | 8,320 | 8,176 | 144 | | 1.A.b.11 Personal, cultural, and recreational services | 338 | 150 | 188 | 328 | 454 | –126 | | 1.A.b.12 Government goods and services n.i.e. | 133 | 230 | –97 | 136 | 146 | –10 | | 1.A.b.13 Others n.i.e. | 1,277 | 3,499 | –2,222 | 42 | 2,121 | –2,079 | | 1.B Primary Income (1.B.1 to 1.B.3) | 3,679 | 10,300 | –6,621 | 4,482 | 10,034 | –5,552 | | 1.B.1 Compensation of employees | 839 | 551 | 288 | 1,116 | 635 | 481 | | 1.B.2 Investment income | 2,419 | 9,589 | –7,170 | 2,624 | 9,182 | –6,558 | | 1.B.2.1 Direct investment | 1,406 | 4,525 | –3,119 | 1,319 | 4,376 | –3,057 | | 1.B.2.2 Portfolio investment | 26 | 1,886 | –1,860 | 46 | 1,677 | –1,630 | | 1.B.2.3 Other investment | 160 | 3,177 | –3,017 | 243 | 3,129 | –2,886 | | 1.B.2.4 Reserve assets | 826 | 1 | 825 | 1,015 | 0 | 1,015 | | 1.B.3 Other primary income | 421 | 160 | 261 | 742 | 217 | 525 | | 1.C Secondary Income (1.C.1+1.C.2) | 15,729 | 747 | 14,982 | 15,734 | 1,529 | 14,205 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 15,689 | 542 | 15,146 | 15,701 | 1,333 | 14,368 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 15,155 | 463 | 14,692 | 15,155 | 1,075 | 14,080 | | 1.C.1.2 Other current transfers | 534 | 80 | 454 | 546 | 259 | 288 | | 1.C.2 General government | 40 | 205 | –165 | 33 | 196 | –163 | | 2 Capital Account (2.1+2.2) | 73 | 62 | 11 | 96 | 72 | 24 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 27 | 7 | 20 | 49 | 13 | 36 | | 2.2 Capital transfers | 46 | 55 | –9 | 47 | 60 | –13 | | 3 Financial Account (3.1 to 3.5) | 127,240 | 127,091 | 149 | 145,044 | 142,006 | 3,038 | | 3.1 Direct Investment (3.1A+3.1B) | 16,114 | 7,318 | 8,797 | 13,999 | 9,001 | 4,997 | | 3.1.A Direct Investment in India | 14,752 | 3,367 | 11,384 | 12,342 | 3,201 | 9,141 | | 3.1.A.1 Equity and investment fund shares | 13,994 | 3,343 | 10,651 | 11,209 | 2,818 | 8,390 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 10,895 | 3,343 | 7,553 | 7,968 | 2,818 | 5,149 | | 3.1.A.1.2 Reinvestment of earnings | 3,098 | – | 3,098 | 3,241 | – | 3,241 | | 3.1.A.2 Debt instruments | 758 | 25 | 733 | 1,133 | 383 | 750 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 758 | 25 | 733 | 1,133 | 383 | 750 | | 3.1.B Direct Investment by India | 1,363 | 3,950 | –2,588 | 1,657 | 5,800 | –4,143 | | 3.1.B.1 Equity and investment fund shares | 1,363 | 3,201 | –1,838 | 1,657 | 4,202 | –2,545 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 1,363 | 2,367 | –1,004 | 1,657 | 3,471 | –1,814 | | 3.1.B.1.2 Reinvestment of earnings | – | 834 | –834 | – | 731 | –731 | | 3.1.B.2 Debt instruments | 0 | 749 | –749 | 0 | 1,598 | –1,598 | | 3.1.B.2.1 Direct investor in direct investment enterprises | – | 749 | –749 | – | 1,598 | –1,598 | | 3.2 Portfolio Investment | 50,828 | 52,366 | –1,538 | 71,080 | 60,282 | 10,799 | | 3.2.A Portfolio Investment in India | 50,540 | 51,327 | –787 | 70,858 | 59,727 | 11,131 | | 3.2.1 Equity and investment fund shares | 40,988 | 40,805 | 183 | 57,118 | 50,678 | 6,440 | | 3.2.2 Debt securities | 9,552 | 10,522 | –970 | 13,739 | 9,049 | 4,691 | | 3.2.B Portfolio Investment by India | 288 | 1,038 | –751 | 223 | 554 | –332 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 4,858 | 2,330 | 2,528 | 4,371 | 1,458 | 2,914 | | 3.4 Other investment | 55,441 | 61,803 | –6,363 | 55,594 | 63,954 | –8,360 | | 3.4.1 Other equity (ADRs/GDRs) | 0 | 0 | 0 | 0 | 0 | 0 | | 3.4.2 Currency and deposits | 15,086 | 10,664 | 4,422 | 15,011 | 12,308 | 2,702 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 34 | 0 | 34 | 5 | 0 | 5 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 15,052 | 10,664 | 4,388 | 15,006 | 12,308 | 2,698 | | 3.4.2.3 General government | – | – | – | – | – | – | | 3.4.2.4 Other sectors | – | – | – | – | – | – | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 13,011 | 27,804 | –14,793 | 10,024 | 25,777 | –15,753 | | 3.4.3.A Loans to India | 11,070 | 26,033 | –14,962 | 8,274 | 24,045 | –15,771 | | 3.4.3.B Loans by India | 1,941 | 1,771 | 169 | 1,750 | 1,733 | 18 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 28 | 709 | –681 | 30 | 171 | –142 | | 3.4.5 Trade credit and advances | 23,556 | 20,917 | 2,639 | 25,270 | 21,274 | 3,996 | | 3.4.6 Other accounts receivable/payable - other | 3,760 | 1,709 | 2,051 | 5,259 | 4,423 | 837 | | 3.4.7 Special drawing rights | – | – | – | – | – | – | | 3.5 Reserve assets | 0 | 3,274 | –3,274 | 0 | 7,312 | –7,312 | | 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 | 3,274 | –3,274 | 0 | 7,312 | –7,312 | | 4 Total assets/liabilities | 127,240 | 127,091 | 149 | 145,044 | 142,006 | 3,038 | | 4.1 Equity and investment fund shares | 61,517 | 51,426 | 10,091 | 74,607 | 59,882 | 14,725 | | 4.2 Debt instruments | 61,963 | 70,681 | –8,719 | 65,178 | 70,390 | –5,212 | | 4.3 Other financial assets and liabilities | 3,760 | 4,984 | –1,224 | 5,259 | 11,734 | –6,475 | | 5 Net errors and omissions | 158 | – | 158 | 372 | – | 372 | | Note : Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |