| (US $ Million) | | Item | Oct-Dec 2016 (PR) | Oct-Dec 2017 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | 1 Current Account (1.A+1.B+1.C) | 130,183 | 138,147 | –7,964 | 150,101 | 163,566 | –13,465 | | 1.A Goods and Services (1.A.a+1.A.b) | 110,900 | 126,394 | –15,493 | 127,502 | 150,659 | –23,157 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 68,755 | 102,028 | –33,273 | 77,541 | 121,638 | –44,097 | | 1.A.a.1 General merchandise on a BOP basis | 69,539 | 92,137 | –22,597 | 77,848 | 112,038 | –34,190 | | 1.A.a.2 Net exports of goods under merchanting | –784 | 0 | –784 | –307 | 0 | –307 | | 1.A.a.3 Nonmonetary gold | – | 9,892 | –9,892 | – | 9,600 | –9,600 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 42,145 | 24,365 | 17,780 | 49,961 | 29,021 | 20,940 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 22 | 6 | 16 | 34 | 13 | 21 | | 1.A.b.2 Maintenance and repair services n.i.e. | 47 | 72 | –25 | 43 | 129 | –87 | | 1.A.b.3 Transport | 3,797 | 3,268 | 529 | 4,388 | 4,419 | –31 | | 1.A.b.4 Travel | 6,187 | 3,710 | 2,477 | 7,441 | 4,621 | 2,820 | | 1.A.b.5 Construction | 591 | 224 | 367 | 529 | 327 | 201 | | 1.A.b.6 Insurance and pension services | 522 | 413 | 109 | 611 | 435 | 176 | | 1.A.b.7 Financial services | 1,210 | 1,624 | –414 | 983 | 1,574 | –591 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 144 | 1,509 | –1,366 | 215 | 1,929 | –1,714 | | 1.A.b.9 Telecommunications, computer, and information services | 19,595 | 1,247 | 18,348 | 20,513 | 1,662 | 18,850 | | 1.A.b.10 Other business services | 8,319 | 8,065 | 255 | 9,859 | 9,400 | 459 | | 1.A.b.11 Personal, cultural, and recreational services | 328 | 439 | –111 | 366 | 501 | –135 | | 1.A.b.12 Government goods and services n.i.e. | 176 | 135 | 40 | 203 | 193 | 11 | | 1.A.b.13 Others n.i.e. | 1,209 | 3,652 | –2,444 | 4,777 | 3,819 | 958 | | 1.B Primary Income (1.B.1 to 1.B.3) | 4,015 | 10,392 | –6,377 | 4,920 | 11,303 | –6,382 | | 1.B.1 Compensation of employees | 1,007 | 631 | 376 | 1,155 | 578 | 577 | | 1.B.2 Investment income | 2,367 | 9,610 | –7,243 | 3,141 | 10,606 | –7,465 | | 1.B.2.1 Direct investment | 1,218 | 4,864 | –3,647 | 1,580 | 4,735 | –3,155 | | 1.B.2.2 Portfolio investment | 20 | 1,656 | –1,636 | 19 | 2,618 | –2,599 | | 1.B.2.3 Other investment | 265 | 3,090 | –2,826 | 332 | 3,245 | –2,913 | | 1.B.2.4 Reserve assets | 865 | 0 | 865 | 1,209 | 8 | 1,201 | | 1.B.3 Other primary income | 641 | 151 | 490 | 625 | 119 | 506 | | 1.C Secondary Income (1.C.1+1.C.2) | 15,268 | 1,362 | 13,906 | 17,678 | 1,604 | 16,074 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 15,166 | 1,170 | 13,996 | 17,589 | 1,422 | 16,167 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 14,579 | 959 | 13,620 | 17,011 | 1,083 | 15,928 | | 1.C.1.2 Other current transfers | 587 | 211 | 376 | 578 | 339 | 239 | | 1.C.2 General government | 101 | 192 | –90 | 89 | 182 | –93 | | 2 Capital Account (2.1+2.2) | 59 | 78 | –19 | 131 | 97 | 33 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 15 | 28 | –12 | 47 | 19 | 28 | | 2.2 Capital transfers | 44 | 51 | –7 | 84 | 78 | 5 | | 3 Financial Account (3.1 to 3.5) | 138,608 | 131,286 | 7,323 | 168,655 | 156,061 | 12,593 | | 3.1 Direct Investment (3.1A+3.1B) | 18,547 | 8,813 | 9,734 | 15,287 | 10,989 | 4,297 | | 3.1.A Direct Investment in India | 18,066 | 4,871 | 13,196 | 14,317 | 8,315 | 6,002 | | 3.1.A.1 Equity and investment fund shares | 17,591 | 4,812 | 12,780 | 13,928 | 8,287 | 5,641 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 14,532 | 4,812 | 9,720 | 10,755 | 8,287 | 2,468 | | 3.1.A.1.2 Reinvestment of earnings | 3,060 | – | 3,060 | 3,173 | – | 3,173 | | 3.1.A.2 Debt instruments | 475 | 59 | 416 | 389 | 29 | 360 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 475 | 59 | 416 | 389 | 29 | 360 | | 3.1.B Direct Investment by India | 480 | 3,942 | –3,462 | 969 | 2,674 | –1,704 | | 3.1.B.1 Equity and investment fund shares | 480 | 3,014 | –2,534 | 969 | 1,896 | –927 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 480 | 2,283 | –1,802 | 969 | 1,111 | –141 | | 3.1.B.1.2 Reinvestment of earnings | – | 731 | –731 | – | 785 | –785 | | 3.1.B.2 Debt instruments | 0 | 928 | –928 | 0 | 778 | –778 | | 3.1.B.2.1 Direct investor in direct investment enterprises | – | 928 | –928 | – | 778 | –778 | | 3.2 Portfolio Investment | 48,405 | 59,746 | –11,341 | 78,703 | 73,382 | 5,322 | | 3.2.A Portfolio Investment in India | 48,250 | 59,564 | –11,314 | 78,576 | 73,145 | 5,430 | | 3.2.1 Equity and investment fund shares | 37,637 | 42,371 | –4,733 | 63,467 | 61,246 | 2,221 | | 3.2.2 Debt securities | 10,613 | 17,194 | –6,581 | 15,109 | 11,900 | 3,209 | | 3.2.B Portfolio Investment by India | 154 | 181 | –27 | 127 | 236 | –109 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 5,931 | 2,811 | 3,120 | 5,402 | 5,905 | –503 | | 3.4 Other investment | 64,484 | 59,917 | 4,568 | 69,263 | 56,351 | 12,912 | | 3.4.1 Other equity (ADRs/GDRs) | 0 | 0 | 0 | 0 | 0 | 0 | | 3.4.2 Currency and deposits | 7,450 | 25,982 | –18,532 | 14,738 | 11,398 | 3,340 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 0 | 2 | –2 | 248 | 0 | 248 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 7,450 | 25,980 | –18,530 | 14,489 | 11,398 | 3,091 | | 3.4.2.3 General government | – | – | – | – | – | 0 | | 3.4.2.4 Other sectors | – | – | – | – | – | 0 | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 30,853 | 10,423 | 20,430 | 23,354 | 20,805 | 2,549 | | 3.4.3.A Loans to India | 29,876 | 10,086 | 19,790 | 20,585 | 18,150 | 2,434 | | 3.4.3.B Loans by India | 978 | 338 | 640 | 2,769 | 2,654 | 114 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 229 | 223 | 5 | 21 | 58 | –37 | | 3.4.5 Trade credit and advances | 23,457 | 20,493 | 2,964 | 25,449 | 20,667 | 4,782 | | 3.4.6 Other accounts receivable/payable - other | 2,495 | 2,795 | –299 | 5,701 | 3,422 | 2,279 | | 3.4.7 Special drawing rights | – | – | – | – | – | 0 | | 3.5 Reserve assets | 1,242 | 0 | 1,242 | 0 | 9,434 | –9,434 | | 3.5.1 Monetary gold | – | – | – | – | – | 0 | | 3.5.2 Special drawing rights n.a. | – | – | – | – | – | 0 | | 3.5.3 Reserve position in the IMF n.a. | – | – | – | – | – | 0 | | 3.5.4 Other reserve assets (Foreign Currency Assets) | 1,242 | 0 | 1,242 | 0 | 9,434 | –9,434 | | 4 Total assets/liabilities | 138,608 | 131,286 | 7,323 | 168,655 | 156,061 | 12,593 | | 4.1 Equity and investment fund shares | 62,023 | 53,412 | 8,611 | 83,915 | 77,629 | 6,286 | | 4.2 Debt instruments | 72,848 | 75,079 | –2,231 | 79,038 | 65,576 | 13,462 | | 4.3 Other financial assets and liabilities | 3,737 | 2,795 | 942 | 5,701 | 12,856 | –7,155 | | 5 Net errors and omissions | 660 | – | 660 | 838 | – | 838 | | Note : Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |