India Posts $4.7 Billion April Current Account Surplus as FDI Jumps to $7.4 Billion
Updated
Updated · The Economic Times · Jun 15
India Posts $4.7 Billion April Current Account Surplus as FDI Jumps to $7.4 Billion
3 articles · Updated · The Economic Times · Jun 15
Summary
$4.7 billion marked India’s current account surplus in April 2026, even as foreign portfolio investment outflows reached $8.7 billion.
Exports and remittances drove the surplus: merchandise exports rose to $44.6 billion, net services exports to $18.6 billion, and net transfers to $16 billion.
The trade gap still widened to $27.9 billion from $27.1 billion a year earlier as imports climbed to $72.5 billion, but the net income deficit narrowed to $1.9 billion.
On the financing side, net FDI increased to $7.4 billion from $1.6 billion, with gross inflows more than doubling to $11.4 billion.
The RBI said monthly balance-of-payments data will now be released by the 15th day, or earlier, of the second subsequent month.