India achieved a current account surplus of $4.7 billion in April 2026. This positive development occurred even with a larger merchandise trade deficit. Stronger net services exports and a significant rise in net transfers contributed to this surplus. Foreign direct investment also saw a substantial increase. However, foreign portfolio investment and banking capital experienced outflows.

Capital flows may just edge up to offset higher CAD

Goldman Sachs predicts India's balance of payments will shift to a surplus in 2026, reducing the current account deficit forecast to 1.3% GDP.

India's trade deficit in May remained nearly flat at $28.21 billion, with merchandise exports reaching a record $45.20 billion, marking an 18% year-on-year increase.

India's merchandise exports grew 18% year-on-year to $45.2 billion in May, while imports rose 20.62% to $73.41 billion, resulting in a trade deficit of $28.21 billion, according…

India's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerce Secretary Rajesh Agrawal expressed…

India achieved a current account surplus of $4.7 billion in April 2026. This positive development occurred even with a larger merchandise trade deficit. Stronger net services…

India's merchandise exports reach a record $45.2 billion in May 2026, while trade deficit widens due to rising imports.

India recorded a $4.7 billion current account surplus in April 2026, driven by stronger net services exports and rising net transfers despite FPI outflows of $8.7 billion.

India achieved a current account surplus of $4.7 billion in April. This positive shift was driven by increased inward remittances. The services sector also saw a surplus. However,…