MUMBAI, India, June 8 -- Reserve Bank of India issued the following press release:
Preliminary data on India's balance of payments (BoP) for the fourth quarter (Q4), i.e., January-March 2025-26, are presented in Statements I and II.
Key Features of India's BoP in Q4:2025-26
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India's current account surplus stood at US$ 7.1 billion (0.7 per cent of GDP) in Q4:2025-26 as compared to US$ 13.7 billion (1.4 per cent of GDP) in Q4:2024-25 (Table 1).1,2
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Merchandise trade deficit at US$ 83.4 billion in Q4:2025-26 was higher than US$ 59.3 billion in Q4:2024-25.
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Net services receipts increased to US$ 60.4 billion in Q4:2025-26 from US$ 53.3 billion a year ago.
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Services exports have risen on a year-on-year basis in major categorie...