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.

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 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…