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'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…