(US $ million)

Items

2002-03 PR

2001-02 PR

Apr.-Jun. 2003 P

Apr.-Jun. 2002

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

52512

65422

-12910

44915

57618

-12703

13543

19397

-5854

12075

14827

-2752

II. Invisibles (a+b+c)

43373

26326

17047

36690

23205

13485

10268

5618

4650

9689

6527

3162

a) Services

24963

18198

6765

20665

16088

4577

5165

3582

1583

5323

4429

894

i)

Travel

3029

3467

-438

2910

2282

628

754

507

247

604

695

-91

ii)

Transportation

2524

2547

-23

1969

2382

-413

610

549

61

529

680

-151

iii)

Insurance

368

314

54

267

254

13

79

101

-22

68

31

37

iv)

G.n.i.e.

307

228

79

469

272

197

71

64

7

89

57

32

v)

Miscellaneous

18735

11642

7093

15050

10898

4152

3651

2361

1290

4033

2966

1067

of which : Software Services

9600

737

8863

7556

672

6884

2862

69

2793

2133

170

1963

b) Transfers

15584

367

15217

12577

68

12509

4304

119

4185

3632

46

3586

i)

Official

410

—

410

385

1

384

34

—

34

51

—

51

ii)

Private

15174

367

14807

12192

67

12125

4270

119

4151

3581

46

3535

c) Income

2826

7761

-4935

3448

7049

-3601

799

1917

-1118

734

2052

-1318

i)

Investment Income

2732

7742

-5010

3362

7037

-3675

778

1910

-1132

715

2049

-1334

ii)

Compensation of Employees

94

19

75

86

12

74

21

7

14

19

3

16

Total Current Account (I+II)

95885

91748

4137

81605

80823

782

23811

25015

-1204

21764

21354

410

B. Capital Account

1. Foreign Investment (a+b)

12325

7770

4555

14450

7758

6692

5369

2608

2761

2933

1836

1097

a) Foreign Direct Investment (i+ii)

4790

1179

3611

6235

1494

4741

937

202

735

1633

273

1360

i)

In India

4717

57

4660

6136

5

6131

871

—

871

1596

12

1584

Equity

2757

57

2700

4100

5

4095

348

—

348

1108

12

1096

Reinvested Earnings @

1498

—

1498

1646

—

1646

365

—

365

374

—

374

OtherCapital

462

—

462

390

—

390

158

—

158

114

—

114

ii)

Abroad

73

1122

-1049

99

1489

-1390

66

202

-136

37

261

-224

Equity

73

497

-424

99

669

-570

66

64

2

37

114

-77

Reinvested Earnings @

—

519

-519

—

699

-699

—

118

-118

—

129

-129

OtherCapital

—

106

-106

—

121

-121

—

20

-20

—

18

-18

b) Portfolio Investment

7535

6591

944

8215

6264

1951

4432

2406

2026

1300

1563

-263

In India

7535

6556

979

8215

6195

2020

4432

2384

2048

1300

1538

-238

Abroad

—

35

-35

—

69

-69

—

22

-22

—

25

-25

2. Loans (a+b+c)

13795

17620

-3825

11512

12862

-1350

6121

4910

1211

3165

3644

-479

a) External Assistance *

2773

5233

-2460

3352

2235

1117

462

793

-331

575

486

89

i)

By India

—

32

-32

—

87

-87

—

5

-5

—

30

-30

ii)

To India

2773

5201

-2428

3352

2148

1204

462

788

-326

575

456

119

b) Commercial Borrowings (MT & LT)

2833

5177

-2344

2696

4272

-1576

1338

699

639

258

1004

-746

i)

By India

9

—

9

3

—

3

—

—

—

—

—

—

ii)

To India

2824

5177

-2353

2693

4272

-1579

1338

699

639

258

1004

-746

c) Short Term To India

8189

7210

979

5464

6355

-891

4321

3418

903

2332

2154

178

3. Banking Capital (a+b)

17969

9557

8412

17526

11934

5592

5298

3422

1876

3549

2888

661

a) Commercial Banks (i+ii)

17433

9311

8122

17041

11656

5385

5088

3149

1939

3025

2888

137

i)

Assets

6853

1990

4863

5051

2789

2262

753

481

272

462

1223

-761

ii)

Liabilities

10580

7321

3259

11990

8867

3123

4335

2668

1667

2563

1665

898

of which : Non- Resident Deposits

10087

7111

2976

11435

8681

2754

4176

2440

1736

2480

1615

865

b) Others

536

246

290

485

278

207

210

273

-63

524

—

524

4. Rupee Debt Service

—

474

-474

—

519

-519

—

301

-301

—

352

-352

5. OtherCapital

6054

2609

3445

3620

3462

158

975

456

519

1379

522

857

Total Capital Account (1 to 5)

50143

38030

12113

47108

36535

10573

17763

11697

6066

11026

9242

1784

C. Errors & Omissions

730

—

730

402

—

402

308

—

308

—

530

-530

D. Overall Balance

146758

129778

16980

129115

117358

11757

41882

36712

5170

32790

31126

1664

(Total Capital Account,

Current Account and

Errors & Omissions (A+B+C))

E. Monetary Movements (i+ii)

—

16980

-16980

—

11757

-11757

—

5170

-5170

—

1664

-1664

i)

I.M.F.

—

—

—

—

—

—

—

—

—

—

—

—

ii)

Foreign Exchange Reserves

—

16980

-16980

—

11757

-11757

—

5170

-5170

—

1664

-1664

(Increase - / Decrease +)

(US $ million)

Items

Apr.-Jun. 2002 P

Jul.-Sep. 2002 P

Oct.-Dec. 2002 P

Jan.-Mar. 2003 PR

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

14

15

16

17

18

19

20

21

22

23

24

25

A. Current Account

I. Merchandise

12075

14827

-2752

13372

16033

-2661

12990

17340

-4350

14075

17222

  -3147

II. Invisibles (a+b+c)

9689

6527

3162

10961

6703

4258

11478

6213

5265

11245

6883

4362

a) Services

5323

4429

894

6358

4817

1541

6875

4220

2655

6407

4732

1675

i)

Travel

604

695

-91

718

936

-218

839

760

79

868

1076

-208

ii)

Transportation

529

680

-151

829

670

159

576

651

-75

590

546

44

iii)

Insurance

68

31

37

118

83

35

83

109

-26

99

91

8

iv)

G.n.i.e.

89

57

32

84

72

12

74

61

13

60

38

22

v)

Miscellaneous

4033

2966

1067

4609

3056

1553

5303

2639

2664

4790

2981

1809

of which : Software Services

2133

170

1963

2249

195

2054

2596

181

2415

2622

191

2431

b) Transfers

3632

46

3586

3812

128

3684

4018

29

3989

4122

164

3958

i)

Official

51

—

51

45

—

45

160

—

160

154

—

154

ii)

Private

3581

46

3535

3767

128

3639

3858

29

3829

3968

164

3804

c) Income

734

2052

-1318

791

1758

-967

585

1964

-1379

716

1987

-1271

i)

Investment Income

715

2049

-1334

769

1755

-986

556

1958

-1402

692

1980

-1288

ii)

Compensation of Employees

19

3

16

22

3

19

29

6

23

24

7

17

Total Current Account (I+II)

21764

21354

410

24333

22736

1597

24468

23553

915

25320

24105

1215

B. Capital Account

1. Foreign Investment (a+b)

2933

1836

1097

2341

1844

497

3582

2057

1525

3468

2032

1436

a) Foreign Direct Investment (i+ii)

1633

273

1360

998

370

628

1057

277

780

1101

258

843

i)

In India

1596

12

1584

986

—

986

1039

—

1039

1095

45

1050

Equity

1108

12

1096

528

—

528

511

—

511

609

45

564

Reinvested Earnings @

374

—

374

375

—

375

374

—

374

375

—

375

OtherCapital

114

—

114

83

—

83

154

—

154

111

—

111

ii)

Abroad

37

261

-224

12

370

-358

18

277

-259

6

213

-207

Equity

37

114

-77

12

201

-189

18

118

-100

6

63

-57

Reinvested Earnings @

—

129

-129

—

130

-130

—

130

-130

—

130

-130

OtherCapital

—

18

-18

—

39

-39

—

29

-29

—

20

-20

b) Portfolio Investment

1300

1563

-263

1343

1474

-131

2525

1780

745

2367

1774

593

In India

1300

1538

-238

1343

1464

-121

2525

1780

745

2367

1774

593

Abroad

—

25

-25

—

10

-10

—

—

—

—

—

—

2. Loans (a+b+c)

3165

3644

-479

3076

3990

-914

3159

3285

-126

4395

6701

-2306

a) External Assistance *

575

486

89

556

663

-107

774

637

137

868

3447

-2579

i)

By India

—

30

-30

—

1

-1

—

—

—

—

1

-1

ii)

To India

575

456

119

556

662

-106

774

637

137

868

3446

-2578

b) Commercial Borrowings (MT & LT)

258

1004

-746

895

1867

-972

679

981

-302

1001

1325

-324

i)

By India

—

—

—

—

—

—

9

—

9

—

—

—

ii)

To India

258

1004

-746

895

1867

-972

670

981

-311

1001

1325

-324

c) Short Term To India

2332

2154

178

1625

1460

165

1706

1667

39

2526

1929

597

3. Banking Capital (a+b)

3549

2888

661

4160

2367

1793

6765

2427

4338

3495

1875

1620

a) Commercial Banks (i+ii)

3025

2888

137

4160

2240

1920

6764

2308

4456

3484

1875

1609

i)

Assets

462

1223

-761

1637

510

1127

3593

103

3490

1161

154

1007

ii)

Liabilities

2563

1665

898

2523

1730

793

3171

2205

966

2323

1721

602

of which : Non-Resident Deposits

2480

1615

865

2267

1638

629

3071

2194

877

2270

1663

607

b) Others

524

—

524

—

127

-127

1

119

-118

11

—

11

4. Rupee Debt Service

—

352

-352

—

6

-6

—

—

—

—

116

-116

5. OtherCapital

1379

522

857

1774

630

1144

1242

778

464

1659

679

980

Total Capital Account (1 to 5)

11026

9242

1784

11351

8837

2514

14748

8547

6201

13017

11403

1614

C. Errors & Omissions

—

530

-530

814

—

814

—

1036

-1036

1482

—

1482

D. Overall Balance

32790

31126

1664

36498

31573

4925

39216

33136

6080

39819

35508

4311

(Total Capital Account,

Current Account and

Errors & Omissions (A+B+C))

E. Monetary Movements (i+ii)

—

1664

-1664

—

4925

-4925

—

6080

-6080

—

4311

-4311

i)

I.M.F.

—

—

—

—

—

—

—

—

—

—

—

—

ii)

Foreign Exchange Reserves

—

1664

-1664

—

4925

-4925

—

6080

-6080

—

4311

-4311

(Increase - / Decrease +)

(US $ million)

Items

Apr.-Jun. 2001 PR

Jul.-Sep. 2001 PR

Oct.-Dec. 2001 PR

Jan.-Mar. 2002 PR

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

26

27

28

29

30

31

32

33

34

35

36

37

A. Current Account

I. Merchandise

10734

14466

-3732

10824

14628

-3804

11081

13967

-2886

12276

14557

   -2281

II. Invisibles (a+b+c)

9507

6267

3240

8770

6262

2508

8895

5363

3532

9518

5313

4205

a) Services

4885

4460

425

5576

4574

1002

5090

3644

1446

5114

3410

1704

i)

Travel

718

724

-6

679

572

107

751

435

316

762

551

211

ii)

Transportation

378

605

-227

491

675

-184

503

584

-81

597

518

79

iii)

Insurance

61

37

24

68

73

-5

67

100

-33

71

44

27

iv)

G.n.i.e.

152

73

79

106

75

31

94

63

31

117

61

56

v)

Miscellaneous

3576

3021

555

4232

3179

1053

3675

2462

1213

3567

2236

1331

of which : Software Services

1871

171

1700

1863

180

1683

1937

167

1770

1885

154

1731

b) Transfers

3760

17

3743

2318

15

2303

3107

17

3090

3392

19

3373

i)

Official

40

1

39

72

—

72

51

—

51

222

—

222

ii)

Private

3720

16

3704

2246

15

2231

3056

17

3039

3170

19

3151

c) Income

862

1790

-928

876

1673

-797

698

1702

-1004

1012

1884

-872

i)

Investment Income

827

1788

-961

856

1670

-814

684

1698

-1014

995

1881

-886

ii)

Compensation of Employees

35

2

33

20

3

17

14

4

10

17

3

14

Total Current Account (I+II)

20241

20733

-492

19594

20890

-1296

19976

19330

646

21794

19870

1924

B. Capital Account

1. Foreign Investment (a+b)

3244

1490

1754

3596

2083

1513

3299

2039

1260

4311

2146

2165

a) Foreign Direct Investment (i+ii)

1251

432

819

1794

496

1298

1399

268

1131

1791

298

1493

i)

In India

1215

1

1214

1775

2

1773

1386

1

1385

1760

1

1759

Equity

666

1

665

1289

2

1287

913

1

912

1232

1

1231

Reinvested Earnings

411

—

411

412

—

412

411

—

411

412

—

412

OtherCapital

138

—

138

74

—

74

62

—

62

116

—

116

ii)

Abroad

36

431

-395

19

494

-475

13

267

-254

31

297

-266

Equity

36

190

-154

19

298

-279

13

72

-59

31

109

-78

Reinvested Earnings

—

174

-174

—

175

-175

—

175

-175

—

175

-175

OtherCapital

—

67

-67

—

21

-21

—

20

-20

—

13

-13

b) Portfolio Investment

1993

1058

935

1802

1587

215

1900

1771

129

2520

1848

672

In India

1993

1043

950

1802

1543

259

1900

1767

133

2520

1842

678

Abroad

—

15

-15

—

44

-44

—

4

-4

—

6

-6

2. Loans (a+b+c)

2433

3541

-1108

2585

2868

-283

3219

3712

-493

3275

2741

534

a) External Assistance

622

666

-44

615

420

195

517

538

-21

1598

611

987

i)

By India

—

72

-72

—

4

-4

—

4

-4

—

7

-7

ii)

To India

622

594

28

615

416

199

517

534

-17

1598

604

994

b) Commercial Borrowings (MT & LT)

389

1114

-725

644

1016

-372

981

1062

-81

682

1080

-398

i)

By India

1

—

1

—

—

—

2

—

2

—

—

—

ii)

To India

388

1114

-726

644

1016

-372

979

1062

-83

682

1080

-398

c) Short Term To India

1422

1761

-339

1326

1432

-106

1721

2112

-391

995

1050

-55

3. Banking Capital (a+b)

5850

3475

2375

3390

3503

-113

3979

2153

1826

4307

2804

1503

a) Commercial Banks (i+ii)

5419

3475

1944

3390

3334

56

3969

2046

1923

4263

2802

1461

i)

Assets

1786

502

1284

435

1326

-891

1326

413

913

1504

549

955

ii)

Liabilities

3633

2973

660

2955

2008

947

2643

1633

1010

2759

2253

506

of which: Non-Resident Deposits

3489

2900

589

2759

1985

774

2508

1617

891

2679

2179

500

b) Others

431

—

431

—

169

-169

10

107

-97

44

2

42

4. Rupee Debt Service

—

388

-388

—

1

-1

—

—

—

—

130

-130

5. OtherCapital

320

771

-451

1195

870

325

1432

1246

186

673

575

98

Total Capital Account (1 to 5)

11847

9665

2182

10766

9325

1441

11929

9150

2779

12566

8396

4170

C. Errors & Omissions

—

228

-228

338

—

338

199

—

199

94

—

94

D. Overall Balance

32088

30626

1462

30698

30215

483

32104

28480

3624

34454

28266

6188

(Total Capital Account,

Current Account and

Errors & Omissions (A+B+C))

E. Monetary Movements (i+ii)

—

1462

-1462

—

483

-483

—

3624

-3624

—

6188

-6188

i)

I.M.F.

—

—

—

—

—

—

—

—

—

—

—

—

ii)

Foreign Exchange Reserves

—

1462

-1462

—

483

-483

—

3624

-3624

—

6188

-6188

(Increase - / Decrease +)

(US $ million)

Items

Apr.-Jun. 2000 PR

Jul.-Sep. 2000 PR

Oct.-Dec. 2000 PR

Jan.-Mar. 2001 PR

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

38

39

40

41

42

43

44

45

46

47

48

49

A. Current Account

I. Merchandise

10397

14990

-4593

11345

15186

-3841

11179

14790

-3611

11973

14298

-2325

II. Invisibles (a+b+c)

7297

4927

2370

8394

5701

2693

9457

6419

3038

9638

6959

2679

a) Services

3270

2886

384

4307

3846

461

5514

4572

942

5779

5088

691

i)

Travel

709

727

-18

705

637

68

860

670

190

894

840

54

ii)

Transportation

409

887

-478

490

760

-270

509

750

-241

505

773

-268

iii)

Insurance

62

29

33

62

25

37

68

29

39

65

39

26

iv)

G.n.i.e.

117

67

50

189

107

82

193

70

123

158

97

61

v)

Miscellaneous

1973

1176

797

2861

2317

544

3884

3053

831

4157

3339

818

of which : Software Services

1339

141

1198

1722

111

1611

1572

151

1421

1708

188

1520

b) Transfers

3438

16

3422

3381

12

3369

3231

15

3216

3161

34

3127

i)

Official

60

—

60

63

1

62

95

—

95

120

1

119

ii)

Private

3378

16

3362

3318

11

3307

3136

15

3121

3041

33

3008

c) Income

589

2025

-1436

706

1843

-1137

712

1832

-1120

698

1837

-1139

i)

Investment Income

558

2023

-1465

678

1841

-1163

687

1830

-1143

675

1833

-1158

ii)

Compensation of Employees

31

2

29

28

2

26

25

2

23

23

4

19

Total Current Account (I+II)

17694

19917

-2223

19739

20887

-1148

20636

21209

-573

21611

21257

354

B. Capital Account

1. Foreign Investment (a+b)

4796

3125

1671

4074

2843

1231

2270

1755

515

4841

2397

2444

a) Foreign Direct Investment (i+ii)

1082

189

893

970

140

830

895

216

679

1173

305

868

i)

In India

1072

20

1052

968

2

966

869

—

869

1141

—

1141

Equity

699

20

679

532

2

530

485

—

485

705

—

705

Reinvested Earnings

337

—

337

338

—

338

337

—

337

338

—

338

OtherCapital

36

—

36

98

—

98

47

—

47

98

—

98

ii)

Abroad

10

169

-159

2

138

-136

26

216

-190

32

305

-273

Equity

10

78

-68

2

26

-24

26

110

-84

32

200

-168

Reinvested Earnings

—

83

-83

—

85

-85

—

86

-86

—

85

-85

OtherCapital

—

8

-8

—

27

-27

—

20

-20

—

20

-20

b) Portfolio Investment

3714

2936

778

3104

2703

401

1375

1539

-164

3668

2092

1576

In India

3714

2936

778

3104

2698

406

1375

1408

-33

3668

2058

1610

Abroad

—

—

—

—

5

-5

—

131

-131

—

34

-34

2. Loans (a+b+c)

3607

3996

-389

5369

5139

230

9854

4936

4918

3967

4474

-507

a) External Assistance

523

873

-350

444

481

-37

854

562

292

1121

616

505

i)