New Delhi, June 15 -- Even as India's external position improved in trade and services, capital outflows--especially portfolio investment--dragged the overall balance into deficit in April 2026, as per the data released by the Reserve Bank of India.

As per the preliminary Balance of Payments (BoP) data shared by the apex bank on Monday, India's current account turned into a surplus of USD 4.7 billion in April 2026, as against a deficit of USD 4.8 billion in the same month last year.

This improvement was driven primarily by a strong rise in services exports and higher remittance inflows. Services exports increased to USD 37.0 billion from USD 32.8 billion a year earlier, widening the services surplus to USD 18.6 billion, as per the RBI d...