MUMBAI, India, Dec. 1 -- Reserve Bank of India issued the following press release:
Preliminary data on India's balance of payments (BoP) for the second quarter (Q2), i.e., July-September 2025-26, are presented in Statements I and II.
Key Features of India's BoP in Q2:2025-26
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India's current account deficit moderated to US$ 12.3 billion (1.3 per cent of GDP) in Q2:2025-26 from US$ 20.8 billion (2.2 per cent of GDP) in Q2:2024-25 (Table 1).1,2
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Merchandise trade deficit at US$ 87.4 billion in Q2:2025-26 was lower than US$ 88.5 billion in Q2:2024-25.
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Net services receipts increased to US$ 50.9 billion in Q2:2025-26 from US$ 44.5 billion a year ago.
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Services exports have risen on a year-on-year basis in major categories su...