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Remittances, services surplus lift India to $4.7 billion current account surplus in April
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, the capital account turned deficit as foreign investors withdrew funds. Despite this, foreign direct investment saw a significant rise. Exporters have adapted to the global economic situation.
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economictimes.indiatimes.com
To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar deposits - The Economic Times
India saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until September, and the country is…
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India posts $4.7 bn current account surplus in April; FPI outflows hit $8.7 bn
