(Rs. crore)

Items

April-June 1997PR

July-Sept.1997PR

Oct.-Dec.1997PR

Jan.-March 1998PR

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

2

3

4

5

6

7

8

9

10

11

12

13

A.

CURRENT ACCOUNT

I.

MERCHANDISE

31065.9

45851.2

- 14785.3

32391.8

42088.3

-9696.5

32662.6

49955.6

- 17293.0

36582.3

52613.4

-16031.1

II.

INVISIBLES (a+b+c)

20321.5

10412.1

9909.4

22591.4

12251.0

10340.4

22661.6

11973.6

10688.0

20668.0

14684.5

5983.5

a)

Services

7946.3

7322.9

623.4

7695.3

7401.3

294.0

10078.3

6964.0

3114.3

9381.2

8468.9

912.3

i)

Travel

2273.8

1224.2

1049.6

2255.4

1489.4

766.0

3122.7

1160.9

1961.8

3227.7

1465.1

1762.6

ii)

Transportation

1802.9

2494.1

- 691.2

1868.9

2436.7

- 567.8

1332.1

2080.8

- 748.7

1801.3

2340.7

- 539.4

iii)

Insurance

209.7

106.7

103.0

240.2

211.7

28.5

173.5

145.8

27.7

266.3

214.9

51.4

iv)

G.n.i.e.

94.1

201.3

- 107.2

273.6

117.8

155.8

242.7

85.8

156.9

427.2

188.9

238.3

v)

Miscellaneous

3565.8

3296.6

269.2

3057.2

3145.7

- 88.5

5207.3

3490.7

1716.6

3658.7

4259.3

- 600.6

b)

Transfers

10971.7

27.8

10943.9

13382.9

46.1

13336.8

11217.8

32.6

11185.2

9774.3

58.4

9715.9

vi)

Official

266.2

-

266.2

245.0

-

245.0

487.7

-

487.7

418.5

-

418.5

vii)

Private

10705.5

27.8

10677.7

13137.9

46.1

13091.8

10730.1

32.6

10697.5

9355.8

58.4

9297.4

c)

Income

1403.5

3061.4

- 1657.9

1513.2

4803.6

- 3290.4

1365.5

4977.0

- 3611.5

1512.5

6157.2

- 4644.7

i)

Investment Income

1403.3

3041.2

- 1637.9

1512.9

4742.0

- 3229.1

1365.5

4953.1

- 3587.6

1512.5

6028.3

- 4515.8

ii)

Compensation of Employees

0.2

20.2

- 20.0

0.3

61.6

- 61.3

-

23.9

- 23.9

-

128.9

- 128.9

Total Current Account (I+II)

51387.4

56263.3

- 4875.9

54983.2

54339.3

643.9

55324.2

61929.2

- 6605.0

57250.3

67297.9

-10047.6

B.

CAPITAL ACCOUNT

1.

Foreign Investment

9416.4

2695.8

6720.6

7733.9

3146.1

4587.8

9479.1

4619.4

4859.7

7814.6

4151.1

3663.5

(a+b)

a)

In India

9370.3

2565.1

6805.2

7713.1

3017.8

4695.3

9389.1

4502.7

4886.4

7602.3

4029.0

3573.3

i.

Direct

4223.2

53.7

4169.5

2870.1

5.6

2864.5

2984.3

50.3

2934.0

3239.6

14.0

3225.6

ii.

Portfolio

5147.1

2511.4

2635.7

4843.0

3012.2

1830.8

6404.8

4452.4

1952.4

4362.7

4015.0

347.7

b)

Abroad

46.1

130.7

- 84.6

20.8

128.3

- 107.5

90.0

116.7

- 26.7

212.3

122.1

90.2

2.

Loans (a+b+c)

14980.7

7829.8

7150.9

18027.0

11455.4

6571.6

15920.8

13468.3

2452.5

15213.2

13935.0

1278.2

a)

External Assistance

1553.9

1727.1

- 173.2

2276.6

1830.6

446.0

3169.6

1649.5

1520.1

3825.9

2235.2

1590.7

i)

By India

-

20.0

- 20.0

-

32.2

- 32.2

-

17.3

- 17.3

-

8.2

- 8.2

ii)

To India

1553.9

1707.1

- 153.2

2276.6

1798.4

478.2

3169.6

1632.2

1537.4

3825.9

2227.0

1598.9

b)

Commercial Borrowings

6539.6

1294.1

5245.5

9109.6

3066.2

6043.4

6303.5

4124.4

2179.1

5300.3

4168.6

1131.7

(MT & LT)

i)

By India

11.9

-

11.9

26.6

-

26.6

3.8

-

3.8

-

-

-

ii)

To India

6527.7

1294.1

5233.6

9083.0

3066.2

6016.8

6299.7

4124.4

2175.3

5300.3

4168.6

1131.7

c)

Short Term To India

6887.2

4808.6

2078.6

6640.8

6558.6

82.2

6447.7

7694.4

- 1246.7

6087.0

7531.2

- 1444.2

3.

Banking Capital (a+b)

11083.4

7169.6

3913.8

5814.7

10969.7

- 5155.0

7399.0

12761.6

-5362.6

8756.6

5342.5

3414.1

a)

Commercial Banks

9478.6

7161.1

2317.5

5814.6

10323.6

- 4509.0

6424.3

12167.5

- 5743.2

8609.0

5186.7

3422.3

i)

Assets

1020.1

1629.9

- 609.8

825.3

3220.3

- 2395.0

216.3

5170.6

- 4954.3

31.8

193.3

- 161.5

ii)

Liabilities

83.5

276.0

- 192.5

49.8

177.4

- 127.6

35.5

24.3

11.2

24.2

431.4

- 407.2

iii)

Non-Resident Deposits

8375.0

5255.2

3119.8

4939.5

6925.9

- 1986.4

6172.5

6972.6

- 800.1

8553.0

4562.0

3991.0

b)

Others

1604.8

8.5

1596.3

0.1

646.1

- 646.0

974.7

594.1

380.6

147.6

155.8

- 8.2

4.

Rupee Debt Service

-

2265.5

- 2265.5

-

8.1

- 8.1

-

189.3

- 189.3

-

320.6

- 320.6

5.

Other Capital

2472.6

2982.5

- 509.9

702.9

1185.4

- 482.5

4855.1

2229.3

2625.8

6426.7

2773.6

3653.1

Total Capital Account

37953.1

22943.2

15009.9

32278.5

26764.7

5513.8

37654.0

33267.9

4386.1

38211.1

26522.8

11688.3

(1 to 5)

C.

Errors & Omissions

1112.4

-

1112.4

-

3723.8

- 3723.8

-

3139.6

- 3139.6

6691.3

-

6691.3

D.

Overall Balance

90452.9

79206.5

11246.4

87261.7

84827.8

2433.9

92978.2

98336.7

- 5358.5

102152.7

93820.7

8332.0

(Total Capital Account,

Current Account and

Errors & Omissions (A+B+C)

E.

Monetary Movements

-

11246.4

- 11246.4

-

2433.9

- 2433.9

5900.5

542.0

5358.5

-

8332.0

- 8332.0

(i+ii)

i)

I.M.F.

-

609.0

- 609.0

-

646.8

- 646.8

-

542.0

- 542.0

-

488.4

- 488.4

ii)

Foreign Exchange Reserves

-

10637.4

- 10637.4

-

1787.1

- 1787.1

5900.5

-

5900.5

-

7843.6

- 7843.6

(Increase - / Decrease +)

(Rs. crore)

Items

April-June 1998PR

July-Sept.1998PR

Oct-Dec. 1998PR

Jan.-Mar.1999

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

14

15

16

17

18

19

20

21

22

23

24

25

A.

CURRENT ACCOUNT

I.

MERCHANDISE

31683.3

51164.0

- 19480.7

37263.7

51627.2

-14363.5

34939.9

49485.1

- 14545.2

40549.1

47637.8

- 7088.7

II.

INVISIBLES (a+b+c)

25570.4

14785.3

10785.1

27087.7

17007.3

10080.4

25461.1

16027.2

9433.9

30338.3

21947.3

8391.0

a)

Services

12398.1

10460.9

1937.2

13801.4

11251.7

2549.7

12810.5

9602.0

3208.5

16516.4

15095.5

1420.9

i)

Travel

2735.0

2032.3

702.7

2700.6

1993.9

706.7

3484.4

1582.9

1901.5

3682.6

1716.5

1966.1

ii)

Transportation

1825.1

3021.6

- 1196.5

2119.1

2607.5

- 488.4

1565.2

3068.5

- 1503.3

2599.6

2567.1

32.5

iii)

Insurance

237.1

109.7

127.4

230.9

149.6

81.3

211.7

86.1

125.6

265.0

126.4

138.6

iv)

G.n.i.e.

408.8

601.0

- 192.2

953.6

341.8

611.8

811.2

306.5

504.7

346.4

109.6

236.8

v)

Miscellaneous

7192.1

4696.3

2495.8

7797.2

6158.9

1638.3

6738.0

4558.0

2180.0

9622.8

10575.9

- 953.1

b)

Transfers

10960.9

76.6

10884.3

11491.0

77.4

11413.6

10712.8

65.9

10646.9

11633.8

37.4

11596.4

vi)

Official

176.1

-

176.1

302.3

-

302.3

433.6

-

433.6

392.7

5.0

387.7

vii)

Private

10784.8

76.6

10708.2

11188.7

77.4

11111.3

10279.2

65.9

10213.3

11241.1

32.4

11208.7

c)

Income

2211.4

4247.8

- 2036.4

1795.3

5678.2

- 3882.9

1937.8

6359.3

- 4421.5

2188.1

6814.4

- 4626.3

i)

Investment Income

2211.4

4233.4

- 2022.0

1756.7

5665.7

- 3909.0

1862.9

6338.7

- 4475.8

2122.4

6794.0

- 4671.6

ii)

Compensation of employees

-

14.4

- 14.4

38.6

12.5

26.1

74.9

20.6

54.3

65.7

20.4

45.3

Total Current Account (I+II)

57253.7

65949.3

- 8695.6

64351.4

68634.5

- 4283.1

60401.0

65512.3

- 5111.3

70887.4

69585.1

1302.3

B.

CAPITAL ACCOUNT

1.

Foreign Investment

5197.6

3130.2

2067.4

5727.3

4191.4

1535.9

6233.9

5449.4

784.5

7666.3

2317.7

5348.6

(a+b)

a)

In India

4730.3

2765.5

1964.8

5683.4

3870.1

1813.3

6229.8

5315.4

914.4

7566.5

2090.7

5475.8

i.

Direct

3705.3

15.8

3689.5

2318.0

6.1

2311.9

1582.1

33.4

1548.7

2945.0

107.4

2837.6

ii.

Portfolio

1025.0

2749.7

- 1724.7

3365.4

3864.0

- 498.6

4647.7

5282.0

- 634.3

4621.5

1983.3

2638.2

b)

Abroad

467.3

364.7

102.6

43.9

321.3

- 277.4

4.1

134.0

- 129.9

99.8

227.0

- 127.2

2.

Loans (a+b+c)

11346.7

13105.5

- 1758.8

29626.7

13733.9

15892.8

9169.2

8381.4

787.8

11730.8

7786.3

3944.5

a)

External Assistance

1704.1

1912.0

- 207.9

2133.3

2179.1

- 45.8

3622.2

2382.1

1240.1

4049.3

1633.9

2415.4

i)

By India

1.0

36.0

- 35.0

1.2

27.1

- 25.9

-

15.1

- 15.1

-

6.9

- 6.9

ii)

To India

1703.1

1876.0

- 172.9

2132.1

2152.0

- 19.9

3622.2

2367.0

1255.2

4049.3

1627.0

2422.3

b)

Commercial Borrowings

3075.0

2537.6

537.4

21611.1

3734.1

17877.0

1927.6

2516.7

- 589.1

4032.6

3278.4

754.2

(MT & LT)

i)

By India

-

-

-

2.0

-

2.0

20.4

-

20.4

-

-

-

ii)

To India

3075.0

2537.6

537.4

21609.1

3734.1

17875.0

1907.2

2516.7

- 609.5

4032.6

3278.4

754.2

c)

Short Term To India

6567.6

8655.9

- 2088.3

5882.3

7820.7

- 1938.4

3619.4

3482.6

136.8

3648.9

2874.0

774.9

3.

Banking Capital (a+b)

6879.9

8974.1

- 2094.2

5881.4

7097.8

- 1216.4

7523.0

5537.8

1985.2

14260.8

6560.7

7700.1

a)

Commercial Banks

5493.4

8971.8

- 3478.4

5815.8

6448.4

- 632.6

7499.8

5315.5

2184.3

9718.8

6231.4

3487.4

i)

Assets

20.7

5306.3

- 5285.6

2742.3

1702.8

1039.5

1899.5

3006.4

- 1106.9

1049.8

1406.2

- 356.4

ii)

Liabilities

16.9

168.5

- 151.6

240.1

58.2

181.9

87.6

44.4

43.2

182.0

295.2

- 113.2

iii)

Non-Resident Deposits

5455.8

3497.0

1958.8

2833.4

4687.4

- 1854.0

5512.7

2264.7

3248.0

8487.0

4530.0

3957.0

b)

Others

1386.5

2.3

1384.2

65.6

649.4

- 583.8

23.2

222.3

- 199.1

4542.0

329.3

4212.7

4.

Rupee Debt Service

-

2386.6

- 2386.6

-

12.8

- 12.8

-

244.3

- 244.3

-

664.2

- 664.2

5.

Other Capital

5961.1

682.1

5279.0

2264.6

3472.6

- 1208.0

5288.1

898.5

4389.6

3049.4

6824.5

- 3775.1

Total Capital Account

29385.3

28278.5

1106.8

43500.0

28508.5

14991.5

28214.2

20511.4

7702.8

36707.3

24153.4

12553.9

(1 to 5)

C.

Errors & Omissions

419.4

-

419.4

-

2720.2

- 2720.2

914.6

-

914.6

64.3

-

64.3

D.

Overall Balance

87058.4

94227.8

- 7169.4

107851.4

99863.2

7988.2

89529.8

86023.7

3506.1

107659.0

93738.5

13920.5

(Total Capital Account,

Current Account and

Errors & Omissions (A+B+C)

E.

Monetary Movements

7586.7

417.3

7169.4

-

7988.2

- 7988.2

-

3506.1

- 3506.1

-

13920.5

- 13920.5

(i+ii)

i)

I.M.F.

-

417.3

- 417.3

-

413.6

- 413.6

-

385.8

- 385.8

-

435.4

- 435.4

ii)

Foreign Exchange Reserves

7586.7

-

7586.7

-

7574.6

- 7574.6

-

3120.3

- 3120.3

-

13485.1

- 13485.1

(Increase - / Decrease +)

PR :

Partially Revised.

Note :

Data for the year 1995-96 to 1998-99 have been revised on account of availability of data in respect of Foreign Direct Investment for acquisition of shares under section 29 of FERA. Data for the years 1997-98 have aslo been revised due to revision of exports data by the DGCI & S and exports covered by the SOFTEX forms. Purchases & sales by the Full Fledged Money Changers from/to the tourists have been included from April 1998 onwards. This marks an improvement in the data collection and dissemination.

Also see 'Notes on Tables'.