BALANCE OF PAYMENTS

Best of BS Opinion: Centre, states face strong fiscal headwinds

From Bharti Airtel's succession planning and AI-driven cyber risks to the economic fallout of the West Asia conflict and India's investment needs - here are today's top opinion pieces

Updated On: 20 May 2026 | 6:15 AM IST

Explained: What is Balance of Payments and how does it affect the rupee?

As oil and gold imports raise dollar demand, terms such as BoP, current account deficit and forex reserves are back in focus. Here is why they matter for the rupee

Updated On: 18 May 2026 | 3:32 PM IST

India to grow 6.6% in FY27; needs package on BoP front: SBI report

India's economy is projected to grow at 6.6 per cent in 2026-27 fiscal while a comprehensive package is required on the Balance of Payments (BoP) front amid rupee depreciation and higher oil price, an SBI Research report said on Monday. The report said the rupee, which has weakened much in the recent period "through clouds on external macros, as also unabated speculative forces" needs structural changes on BoP front, stream lining the guard rails of import substitution, export competitiveness, integration in global value chain. The rupee has breached the 95-mark against the US dollar that has strengthened due to rising global uncertainties, triggered by the West Asia conflict. "There is now a felt need to put in place a comprehensive package to address Balance of Payments (BoP)," SBI Research said and made a strong case for diaspora bonds. With the country's macro fundamental getting distorted as Brent crude prices hover above USD 100, and transport and insurance costs spiking, the

Updated On: 11 May 2026 | 3:54 PM IST

Best of BS Opinion: India's FTA with New Zealand shows agile deal-making

From India's FTA strategy and Sun Pharma's global ambitions to LPG shortages, West Asia risks and Asean ties, here are the key insights from today's Opinion page

Updated On: 29 Apr 2026 | 6:15 AM IST

West Asia war: Better placed than 1991, but impact may be longer, say govt

A prolonged conflict in the region can be detrimental to the economy, placing pressure on inflation, exchange rate, trade and capital flows, the balance of payments, and the current account deficit

Updated On: 06 Mar 2026 | 11:14 PM IST

India's merchandise exports up in first 3 weeks of November: Piyush Goyal

Merchandise exports grew in the first three weeks of Nov, Piyush Goyal said after a Board of Trade meeting that reviewed tariff challenges, export incentives and ongoing trade talks with key partners

Updated On: 25 Nov 2025 | 11:15 PM IST

Datanomics: India's BoP moderately weakened even before Trump's tariffs

This happened because there was capital outflow of around $27 billion on a net basis between October-December against a net inflow of $36 billion during July-September in FY25

Updated On: 04 Apr 2025 | 11:50 PM IST

India's current account deficit widens to 1.1% of GDP in Q3 FY25

BoP witnesses depletion of $37.7 billion

Updated On: 28 Mar 2025 | 10:46 PM IST

India's merchandise trade deficit narrows to $14.05 billion in February

Merchandise trade deficit for March was $14.05 billion, compared with economists' forecast of $21.65 billion

Updated On: 17 Mar 2025 | 3:14 PM IST

Q2 FY25: Current account deficit at 1.2% of GDP; BoP surplus at $18.6 bn

The merchandise trade deficit increased to $75.3 billion in Q2 of 2024-25 from $64.5 billion during the same period last year

Updated On: 28 Dec 2024 | 12:01 AM IST

Acuite Ratings revises downward India's BoP for FY23 to $17 bn from $38 bn

Credit rating agency Acuite Ratings & Research on Monday said it has revised its forecast of India's current account deficit to $68 billion from $106 billion and the balance of payments deficit to $17 billion from $38 billion earlier.

Updated On: 03 Apr 2023 | 1:17 PM IST

India's current account deficit declines to 2.2% of GDP in Q3FY23

Underlying the lower CAD in Q3FY23 was the narrowing of merchandise trade deficit to $72.7 bn from $78.3 billion in Q2FY23, coupled with robust services and private transfer receipts, RBI said

Updated On: 31 Mar 2023 | 11:32 PM IST

India set to post BoP deficit for 2nd straight yr: Standard Chartered Bank

The foreign bank expects current account balance to slip into a deficit of 3% of gross domestic product this financial year from a surplus of 0.9% last year

Updated On: 06 Jan 2023 | 10:47 AM IST

Coal is the new pain point as India grapples with a massive import bill

Quite low in the pecking order of inbound consignments at one point, the fossil fuel today accounts for a third of the value of crude entering the country

Updated On: 06 Jul 2022 | 11:16 PM IST

With global finances at risk, can India avoid a repeat of the 1991 crisis?

India may have done well by keeping commercial bank lending to the government within manageable limits, but RBI has been lending more to the government, which means it has been printing more notes

Updated On: 25 Apr 2022 | 8:03 AM IST

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What is Balance of Payments (BoP)?

The equity markets have grown exponentially since the 1991 liberalisation. But in 1991, India was in the midst of its worst balance of payments crisis ever. Find out more about balance of payments

Updated On: 19 Jan 2022 | 8:45 AM IST

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TMS Ep89: Chinese phones, India-China at Davos, markets, BoP

How did Chinese smartphones wipe out Indian brands? What did PM Modi and China's Xi Jinping say at Davos? Will indices hit all-time high before Budget? What is Balance of Payments? All answers here

Updated On: 19 Jan 2022 | 8:00 AM IST

Unfair charge

India is not using currency to gain unfair advantage

Updated On: 26 Apr 2021 | 12:22 AM IST

Royalties paid by Indian firms in line with emerging markets, shows data

Figures are based on percentage of a country's GDP

Updated On: 19 Sep 2020 | 6:05 AM IST

India's balance of payments will be very strong, says Piyush Goyal

Says overseas companies must stop having an 'assembly workshop' approach

Updated On: 11 Aug 2020 | 12:43 AM IST