( US$ million)

Apr-Dec 2004 PR

Apr-Dec 2005 P

Item

Credit

Debit

Net

Credit

Debit

Net

1

2

3

4

5

6

7

A.CURRENT ACCOUNT

I. MERCHANDISE

57603

84103

-26500

73581

115112

-41531

II.INVISIBLES (a+b+c)

49057

28484

20573

62844

34788

28056

a) Services

30894

21927

8967

41182

25328

15854

i) Travel

4468

4053

415

5329

4378

951

ii) Transportation

3496

3219

277

4500

4791

-291

iii) Insurance

727

632

95

773

558

215

iv) G.n.i.e.

282

197

85

221

255

-34

v) Miscellaneous

21921

13826

8095

30359

15346

15013

of which : Software Services

12209

483

11726

16056

978

15078

b) Transfers

14734

310

14424

17778

625

17153

i) Official

390

23

367

374

312

62

ii) Private

14344

287

14057

17404

313

17091

c) Income

3429

6247

-2818

3884

8835

-4951

i) Investment Income

3360

5350

-1990

3784

8127

-4343

ii) Compensation of Employees

69

897

-828

100

708

-608

Total Current Account (I+II)

106660

112587

-5927

136425

149900

-13475

B. CAPITAL ACCOUNT

1. Foreign Investment (a+b)

31861

24024

7837

50513

37627

12886

a) Foreign Direct Investment (i+ii)

4572

1835

2737

6126

1395

4731

i. In India

4326

26

4300

5362

53

5309

Equity

2982

26

2956

3901

53

3848

Reinvested Earnings

1131

-

1131

1257

-

1257

Other Capital

213

-

213

204

-

204

ii. Abroad

246

1809

-1563

764

1342

-578

Equity

246

1095

-849

764

755

9

Reinvested Earnings

-

525

-525

-

273

-273

Other Capital

-

189

-189

-

314

-314

b) Portfolio Investment

27289

22189

5100

44387

36232

8155

In India

27289

22189

5100

44387

36232

8155

Abroad

-

-

-

-

-

-

2.Loans (a+b+c)

20467

13974

6493

25524

24468

1056

a) External Assistance

2042

1369

673

2296

1382

914

i) By India

18

96

-78

36

57

-21

ii) To India

2024

1273

751

2260

1325

935

b) Commercial Borrowings (MT&LT)

5684

2827

2857

8877

10432

-1555

i) By India

-

23

-23

-

162

-162

ii) To India

5684

2804

2880

8877

10270

-1393

c) Short Term to India

12741

9778

2963

14351

12654

1697

3. Banking Capital (a+b)

9957

8346

1611

14623

13266

1357

a) Commercial Banks

9705

8079

1626

14158

13169

989

i) Assets

323

535

-212

649

2022

-1373

ii) Liabilities

9382

7544

1838

13509

11147

2362

of which: Non-Resident Deposits

5570

6880

-1310

11358

10244

1114

b) Others

252

267

-15

465

97

368

4. Rupee Debt Service

-

297

-297

-

142

-142

5. Other Capital

6189

2594

3595

3227

3671

-444

Total Capital Account (1to5)

68474

49235

19239

93887

79174

14713

C. Errors & Omissions

218

-

218

538

-

538

D. Overall Balance

175352

161822

13530

230850

229074

1776

(Total Capital Account, Current Account
and Errors & Omissions (A+B+C))

E. Monetary Movements (i+ii)

-

13530

-13530

-

1776

-1776

i) I.M.F.

-

-

-

-

-

-

ii) Foreign Exchange Reserves

-

13530

-13530

-

1776

-1776

( Increase - / Decrease +)

PR : Partially revised
P: Preliminary

(US $ million)

Apr-Jun 2005 PR

Jul-Sep 2005 PR

Oct-Dec 2005 P

Item

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

8

9

10

11

12

13

14

15

16

A.CURRENT ACCOUNT

I. MERCHANDISE

23180

38040

-14860

24001

38643

-14642

26400

38429

-12029

II.INVISIBLES (a+b+c)

19910

9613

10297

19673

10089

9584

23261

15086

8175

a) Services

12844

7449

5395

13328

7348

5980

15010

10531

4479

i) Travel

1466

1312

154

1593

1374

219

2270

1692

578

ii) Transportation

1483

1624

-141

1398

1499

-101

1619

1668

-49

iii) Insurance

204

191

13

358

105

253

211

262

-51

iv) G.n.i.e.

64

79

-15

53

104

-51

104

72

32

v) Miscellaneous

9627

4243

5384

9926

4266

5660

10806

6837

3969

of which : Software Services

5103

250

4853

5218

229

4989

5735

499

5236

b) Transfers

5921

194

5727

5194

204

4990

6663

227

6436

i) Official

116

104

12

103

104

-1

155

104

51

ii) Private

5805

90

5715

5091

100

4991

6508

123

6385

c) Income

1145

1970

-825

1151

2537

-1386

1588

4328

-2740

i) Investment Income

1111

1793

-682

1121

2361

-1240

1552

3973

-2421

ii) Compensation of Employees

34

177

-143

30

176

-146

36

355

-319

Total Current Account (I+II)

43090

47653

-4563

43674

48732

-5058

49661

53515

-3854

B. CAPITAL ACCOUNT

1. Foreign Investment (a+b)

12996

10650

2346

18171

12551

5620

19346

14426

4920

a) Foreign Direct Investment (i+ii)

1867

493

1374

1762

578

1184

2497

324

2173

i. In India

1747

12

1735

1533

7

1526

2082

34

2048

Equity

1256

12

1244

1075

7

1068

1570

34

1536

Reinvested Earnings

419

-

419

419

-

419

419

-

419

Other Capital

72

-

72

39

-

39

93

-

93

ii. Abroad

120

481

-361

229

571

-342

415

290

125

Equity

120

342

-222

229

270

-41

415

143

272

Reinvested Earnings

-

91

-91

-

91

-91

-

91

-91

Other Capital

-

48

-48

-

210

-210

-

56

-56

b) Portfolio Investment

11129

10157

972

16409

11973

4436

16849

14102

2747

In India

11129

10157

972

16409

11973

4436

16849

14102

2747

Abroad

-

-

-

-

-

-

-

-

-

2.Loans (a+b+c)

7105

6025

1080

9983

6980

3003

8436

11463

-3027

a) External Assistance

727

473

254

630

447

183

939

462

477

i) By India

26

5

21

5

26

-21

5

26

-21

ii) To India

701

468

233

625

421

204

934

436

498

b) Commercial Borrowings (MT&LT)

1848

852

996

4402

2690

1712

2627

6890

-4263

i) By India

-

43

-43

-

96

-96

-

23

-23

ii) To India

1848

809

1039

4402

2594

1808

2627

6867

-4240

c) Short Term to India

4530

4700

-170

4951

3843

1108

4870

4111

759

3. Banking Capital (a+b)

3998

3294

704

5519

3454

2065

5106

6518

-1412

a) Commercial Banks

3820

3232

588

5320

3429

1891

5018

6508

-1490

i) Assets

348

62

286

299

34

265

2

1926

-1924

ii) Liabilities

3472

3170

302

5021

3395

1626

5016

4582

434

of which : Non-Resident Deposits

2759

2867

-108

3734

3393

341

4865

3984

881

b) Others

178

62

116

199

25

174

88

10

78

4. Rupee Debt Service

-

142

-142

-

-

-

-

-

-

5. Other Capital

1942

525

1417

494

1314

-820

791

1832

-1041

Total Capital Account (1to5)

26041

20636

5405

34167

24299

9868

33679

34239

-560

C. Errors & Omissions

404

-

404

446

-

446

-

312

-312

D. Overall Balance

69535

68289

1246

78287

73031

5256

83340

88066

-4726

(Total Capital Account, Current Account
and Errors & Omissions (A+B+C))

E. Monetary Movements (i+ii)

-

1246

-1246

-

5256

-5256

4726

-

4726

i) I.M.F.

-

-

-

-

-

-

-

-

-

ii) Foreign Exchange Reserves

-

1246

-1246

-

5256

-5256

4726

-

4726

( Increase - / Decrease +)