Balance Of Payments

RBI's rupee fix: What is it solving?

As the central bank announces a new set of bold regulatory measure, this question is worth asking

India's current account deficit narrows to $5.2 billion in August: RBI data

India's current account deficit narrowed to $5.2 billion in August from $6.1 billion a year ago, while strong banking capital inflows helped the BoP post a $45.4 billion surplus

Defending the rupee

Govt must act to contain BoP pressure

Datanomics: Services cushion shrinks as trade deficit pushes CAD deeper

Within the BoP, the current account yielded a deficit (CAD) in the first quarter of financial year 2026-27 (Q1FY27), reversing the surplus seen in Q4FY26, as the merchandise trade deficit widened

BoP pressure likely to remain a challenge: CEA V Anantha Nageswaran

"India does not have the luxury of a binary choice between manufacturing and services. It has to do both" says Anantha Nageswaran Chief Economic Advisor

Best of BS Opinion: Government must get real on spending

Today's opinions examine India's critical-minerals strategy, FSSAI's food-warning labels, Budget discipline, the RBI's dollar-rupee swaps and lessons from industrial policy

India's current account deficit widens to $4.2 bn in Q1 as trade gap grows

Balance of payments recorded a deficit of $8.1 billion in Q1FY27 as portfolio outflows weighed, compared with a surplus of $4.5 billion in the year-ago quarter

India's BoP deficit widens to $8.1 billion in Q1FY27 on capital outflows

Q1 current account deficit at $3.1 billion; $6.2 billion in June

1991 reforms were born of compulsion, not choice: FM Nirmala Sitharaman

Adds economy became top of agenda only circa 2000

FCNR(B) inflows may have crossed 2013 level in just 45 days: SBI Research

SBI Research now expects FCNR(B) deposits of $65-70 billion by the end of the scheme, significantly higher than its earlier estimate of $40-45 billion

India posts $2 bn current account deficit in May as trade gap widens

India recorded a $2 billion current account deficit in May as the merchandise trade gap widened, while the balance of payments registered a deficit of $4.4 billion

StatsGuru: Remittances, services exports support BoP amid wider trade gap

A widening trade deficit and foreign fund outflows strained India's external accounts in FY26 despite robust growth in services exports and remittance inflows

India saw $4.7 billion current account surplus in April: RBI data

India recorded a current account surplus of USD 4.7 billion in April as against a deficit of USD 4.8 billion in the year-ago month, on the back of higher services exports and net transfer receipts, according to Reserve Bank data released on Monday. The imports bill was at USD 72.5 billion, up from USD 65.8 billion, while exports stood at USD 44.6 billion compared to USD 38.7 billion, according to preliminary data on India's Balance of Payments (BoP). The merchandise trade deficit stood at USD 27.9 billion in April 2026, marginally higher than USD 27.1 billion in April 2025. Net services receipts increased to USD 18.6 billion during April from USD 15.9 billion in April 2025. Services exports stood at USD 37 billion, while imports were USD 18.4 billion. Net transfers increased to USD 16 billion in April 2026 from USD 9.4 billion a year earlier, said the Reserve Bank of India (RBI) data. On the capital account, India recorded a net outflow of USD 11.3 billion in April 2026 as against

Echoes of 1990-91? Energy shock revives concerns over economic stability

Let us hope that 2026-27 will remind us of 1991-92, when economic policy shifted from increased foreign and domestic borrowing to implementing serious policy reforms

India's current account posts surprise surplus in Q4 on remittances boost

Strong services exports and record remittance inflows helped India record a current account surplus of $7.1 billion in the March quarter despite continued capital outflows

What steps India has taken to stem dollar outflows, support rupee

A surge in oil prices following the Iran ​conflict and selling of Indian stocks by foreign investors are likely to widen ​the BoP deficit this financial year

Not BoP but structural: Why India's medium-term real growth prospects dim

The concluding part of a series explores why India's medium-term real growth prospects are less robust than what the headline GDP numbers indicate

Not a BoP but a growing price adjustment problem for India's economy

The first of a two-part series explores the underlying causes of India's balance of payments issue, and offers some solutions

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

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