(US $ million)

2005-06P

2004-05PR

Item

Credit

Debit

Net

Credit

Debit

Net

1

2

3

4

5

6

7

A.CURRENT ACCOUNT

I. MERCHANDISE

104,780

156,334

-51,554

82,150

118,779

-36,629

II.INVISIBLES (a+b+c)

91,481

50,539

40,942

71,854

40,625

31,229

a) Services

60,610

38,345

22,265

46,031

31,832

14,199

i) Travel

7,789

6,421

1,368

6,495

5,510

985

ii) Transportation

6,277

7,394

-1,117

4,798

4,539

259

iii) Insurance

1,042

985

57

909

722

187

iv) G.n.i.e.

305

480

-175

328

261

67

v) Miscellaneous

45,197

23,065

22,132

33,501

20,800

12,701

of which : Software Services

23,600

1,338

22,262

17,200

674

16,526

b) Transfers

25,220

944

24,276

21,276

432

20,844

i) Official

667

486

181

623

32

591

ii) Private

24,553

458

24,095

20,653

400

20,253

c) Income

5,651

11,250

-5,599

4,547

8,361

-3,814

i) Investment Income

5,477

10,504

-5,027

4,431

7,100

-2,669

ii) Compensation of Employees

174

746

-572

116

1,261

-1,145

Total Current Account (I+II)

196,261

206,873

-10,612

154,004

159,404

-5,400

B. CAPITAL ACCOUNT

1. Foreign Investment (a+b)

76,635

58,413

18,222

46,508

34,361

12,147

a) Foreign Direct Investment (i+ii)

8,520

2,787

5,733

5,972

2,732

3,240

i. In India

7,752

61

7,691

5,654

65

5,589

Equity

5,820

61

5,759

3,779

65

3,714

Reinvested Earnings

1,676

-

1,676

1,508

-

1,508

Other Capital

256

-

256

367

-

367

ii. Abroad

768

2,726

-1,958

318

2,667

-2,349

Equity

768

1,746

-978

318

1,579

-1,261

Reinvested Earnings

-

364

-364

-

700

-700

Other Capital

-

616

-616

-

388

-388

b) Portfolio Investment

68,115

55,626

12,489

40,536

31,629

8,907

In India

68,115

55,626

12,489

40,536

31,629

8,907

Abroad

-

-

-

-

-

-

2.Loans (a+b+c)

36,221

31,484

4,737

29,749

18,994

10,755

a) External Assistance

3,415

1,977

1,438

3,809

1,886

1,923

i) By India

20

104

-84

24

128

-104

ii) To India

3,395

1,873

1,522

3,785

1,758

2,027

b) Commercial Borrowings (MT&LT)

13,451

11,860

1,591

8,546

3,506

5,040

i) By India

-

342

-342

-

23

-23

ii) To India

13,451

11,518

1,933

8,546

3,483

5,063

c) Short Term to India

19,355

17,647

1,708

17,394

13,602

3,792

3. Banking Capital (a+b)

21,658

20,285

1,373

14,507

10,633

3,874

a) Commercial Banks

20,586

20,144

442

14,230

10,251

3,979

i) Assets

772

3,947

-3,175

505

552

-47

ii) Liabilities

19,814

16,197

3,617

13,725

9,699

4,026

of which : Non-Resident Deposits

17,835

15,046

2,789

8,071

9,035

-964

b) Others

1,072

141

931

277

382

-105

4. Rupee Debt Service

-

572

-572

0

417

-417

5. Other Capital

4,786

3,853

933

8,063

3,395

4,668

Total Capital Account (1to5)

139,300

114,607

24,693

98,827

67,800

31,027

C. Errors & Omissions

971

-

971

532

-

532

D. Overall Balance

336,532

321,480

15,052

253,363

227,204

26,159

(Total Capital Account, Current Account

and Errors & Omissions (A+B+C))

E. Monetary Movements (i+ii)

-

15,052

-15,052

-

26,159

-26,159

i) I.M.F.

-

-

-

-

-

-

ii) Foreign Exchange Reserves

( Increase - / Decrease +)

-

15,052

-15,052

-

26,159

-26,159

P : Preliminary.
PR : Partially Revised

(US $ million)

Apr.-Jun. 2005 PR

Jul.-Sept. 2005 PR

Oct.-Dec. 2005 PR

Jan.-Mar. 2006 P

Item

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

8

9

10

11

12

13

14

15

16

17

18

19

A.CURRENT ACCOUNT

I. MERCHANDISE

24,150

37,754

-13,604

24,060

38,692

-14,632

26,400

38,237

-11,837

30,170

41,651

-11,481

II.INVISIBLES (a+b+c)

19,686

9,638

10,048

19,832

10,245

9,587

24,024

16,013

8,011

27,939

14,643

13,296

a) Services

12,849

7,477

5,372

13,487

7,348

6,139

15,773

11,341

4,432

18,501

12,179

6,322

i) Travel

1,466

1,288

178

1,593

1,343

250

2,270

1,838

432

2,460

1,952

508

ii) Transportation

1,469

1,638

-169

1,398

1,494

-96

1,609

2,018

-409

1,801

2,244

-443

iii) Insurance

199

193

6

358

105

253

210

337

-127

275

350

-75

iv) G.n.i.e.

62

79

-17

53

103

-50

104

122

-18

86

176

-90

v) Miscellaneous

9,653

4,279

5,374

10,085

4,303

5,782

11,580

7,026

4,554

13,879

7,457

6,422

of which : Software Services

5,103

250

4,853

5,218

229

4,989

6,254

499

5,755

7,025

360

6,665

b) Transfers

5,697

194

5,503

5,194

204

4,990

6,663

227

6,436

7,666

319

7,347

i) Official

116

104

12

103

104

-1

155

104

51

293

174

119

ii) Private

5,581

90

5,491

5,091

100

4,991

6,508

123

6,385

7,373

145

7,228

c) Income

1,140

1,967

-827

1,151

2,693

-1,542

1,588

4,445

-2,857

1,772

2,145

-373

i) Investment Income

1,107

1,802

-695

1,121

2,530

-1,409

1,552

4,245

-2,693

1,697

1,927

-230

ii) Compensation of Employees

33

165

-132

30

163

-133

36

200

-164

75

218

-143

Total Current Account (I+II)

43,836

47,392

-3,556

43,892

48,937

-5,045

50,424

54,250

-3,826

58,109

56,294

1,815

B. CAPITAL ACCOUNT

1. Foreign Investment (a+b)

12,959

10,789

2,170

18,131

12,609

5,522

19,188

15,028

4,160

26,357

19,987

6,370

a) Foreign Direct Investment (i+ii)

1,830

632

1,198

1,722

636

1,086

2,339

927

1,412

2,629

592

2,037

i. In India

1,747

12

1,735

1,533

7

1,526

2,082

34

2,048

2,390

8

2,382

Equity

1,256

12

1,244

1,075

7

1,068

1,570

34

1,536

1,919

8

1,911

Reinvested Earnings

419

-

419

419

-

419

419

-

419

419

-

419

Other Capital

72

-

72

39

-

39

93

-

93

52

-

52

ii. Abroad

83

620

-537

189

629

-440

257

893

-636

239

584

-345

Equity

83

342

-259

189

504

-315

257

594

-337

239

306

-67

Reinvested Earnings

-

91

-91

-

91

-91

-

91

-91

-

91

-91

Other Capital

-

187

-187

-

34

-34

-

208

-208

-

187

-187

b) Portfolio Investment

11,129

10,157

972

16,409

11,973

4,436

16,849

14,101

2,748

23,728

19,395

4,333

In India

11,129

10,157

972

16,409

11,973

4,436

16,849

14,101

2,748

23,728

19,395

4,333

Abroad

-

-

-

-

-

-

-

-

-

-

-

-

2.Loans (a+b+c)

7,180

6,028

1,152

10,055

6,991

3,064

8,375

11,420

-3,045

10,611

7,045

3,566

a) External Assistance

706

494

212

630

447

183

939

462

477

1,140

574

566

i) By India

5

26

-21

5

26

-21

5

26

-21

5

26

-21

ii) To India

701

468

233

625

421

204

934

436

498

1,135

548

587

b) Commercial Borrowings (MT&LT)

1,944

853

1,091

4,402

2,644

1,758

2,566

6,847

-4,281

4,539

1,516

3,023

i) By India

-

52

-52

-

92

-92

-

34

-34

-

164

-164

ii) To India

1,944

801

1,143

4,402

2,552

1,850

2,566

6,813

-4,247

4,539

1,352

3,187

c) Short Term to India

4,530

4,681

-151

5,023

3,900

1,123

4,870

4,111

759

4,932

4,955

-23

3. Banking Capital (a+b)

4,084

3,302

782

5,450

3,454

1,996

5,393

6,371

-978

6,731

7,158

-427

a) Commercial Banks

3,906

3,240

666

5,320

3,429

1,891

4,872

6,317

-1,445

6,488

7,158

-670

i) Assets

471

62

409

299

34

265

2

1,941

-1,939

-

1,910

-1,910

ii) Liabilities

3,435

3,178

257

5,021

3,395

1,626

4,870

4,376

494

6,488

5,248

1,240

of which : Non-Resident Deposits

2,759

2,867

-108

3,734

3,393

341

4,865

3,984

881

6,477

4,802

1,675

b) Others

178

62

116

130

25

105

521

54

467

243

-

243

4. Rupee Debt Service

-

142

-142

-

-

-

-

285

-285

-

145

-145

5. Other Capital

991

525

466

633

1,199

-566

1,552

2,010

-458

1,610

119

1,491

Total Capital Account (1to5)

25,214

20,786

4,428

34,269

24,253

10,016

34,508

35,114

-606

45,309

34,454

10,855

C. Errors & Omissions

375

-

375

285

-

285

-

240

-240

551

-

551

D. Overall Balance

69,425

68,178

1,247

78,446

73,190

5,256

84,932

89,604

-4,672

103,969

90,748

13,221

(Total Capital Account, Current Account

and Errors & Omissions (A+B+C))

E. Monetary Movements (i+ii)

-

1,247

-1,247

-

5,256

-5,256

4,672

-

4,672

-

13,221

-13,221

i) I.M.F.

-

-

-

-

-

-

-

-

-

-

-

-

ii) Foreign Exchange Reserves

( Increase - / Decrease +)

1,247

-1,247

-

5,256

-5,256

4,672

-

4,672

-

13,221

-13,221

P : Preliminary.
PR : Partially Revised