MUMBAI: India’s balance of payments swung from a surplus of $0.5 billion in April 2025 to a deficit of $ 6.6 billion in April 2026, even as the current account moved into surplus during the period. The current account recorded a surplus of $4.7 billion in April 2026 compared with a deficit of $4.8 billion a year earlier, driven by strong inflows in invisibles.

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 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 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,…

MUMBAI: India’s balance of payments swung from a surplus of $0.5 billion in April 2025 to a deficit of $ 6.6 billion in April 2026, even as the current account moved into surplus…