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Current account surplus narrows on higher imports
MUMBAI: India’s current account surplus narrowed to $7.1 billion in the Jan-Mar 2026 quarter from $13.7 billion a year earlier, as a surge in gold imports and a deterioration in merchandise trade outweighed gains in services exports and remittance inflows, with the surplus halving to 0.7% of GDP from 1.4%.
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economictimes.indiatimes.com
India's current account surplus at $7.1 bn in Q4 FY26, aided by robust services exports and remittances
India achieved a current account surplus of $7.1 billion in Q4 FY26, driven by robust services exports and remittances. Despite a growing merchandise trade deficit, the external…
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thehindubusinessline.com
India's current account surplus narrows to $7.1 billion in Q4 FY26
India's current account surplus narrowed to $7.1 billion or 0.7% of GDP in the March quarter of FY26, down from $13.7 billion a year earlier.
