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India's balance of payments records impressive show
16-Oct-2026 | 10:11
India's balance of payments saw a surplus of $45.4 billion in August 2026, compared with a deficit of $5.6 billion a year earlier, according to data released by the Reserve Bank of India yesterday. The current account deficit eased to $5.2 billion in August 2026 from $6.1 billion in August 2025. The merchandise trade deficit slipped to $26.6 billion as exports reached $44.7 billion against imports of $71.3 billion. Net services receipts also rose to $16.5 billion in August.
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