Business & Economy: India’s current account deficit (CAD) widened to $7.4 billion in September 2026 from $5.2 billion in the same month a year ago due to increase in imports. The Reserve Bank of India (RBI) gave this information on Friday. The main reason for this increase is the increase in the import bill. When a country spends more on imports than it earns from exports, a current account deficit occurs.
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The merchandise trade deficit in September of the current financial year stood at $30 billion, which is less than $33.4 billion in the same month last year. In the month under review, imports of goods increased from $69.8 billion to $75.3 billion, while exports increased from $36.4 billion to $45.3 billion.
According to preliminary data on India’s balance of payments for September 2026, net receipts from services increased marginally to $19.2 billion from $18.8 billion in September last year.Business & Economy
Services exports increased from $36.7 billion to $39.3 billion, while imports increased from $17.8 billion to $20.1 billion.
During this period, net transfers declined from $11.5 billion to $10.9 billion. Net withdrawals under the income account more than tripled to $7.6 billion by September 2025 from $2.2 billion.Business & Economy
The current account deficit widened to $25.8 billion in the first half of fiscal year 2026-27, from $18 billion in the same period a year ago. During this period, merchandise trade deficit increased from $158.1 billion to $176.1 billion, as imports increased from $379.6 billion to $441.4 billion. At the same time, exports increased from $221.5 billion to $265.3 billion.Business & Economy
According to the data, net receipts from services increased to $105 billion during April-September, 2026, from $98.8 billion in the same period a year ago. Net transfers increased from $67.2 billion to $77.7 billion. On the capital account front, a net inflow of $16.2 billion was recorded in September, whereas there was a withdrawal of $400 million in the same month last year. Foreign portfolio investment (FPI) recorded net outflows of $6.7 billion during September, up from $600 million a year ago. Net foreign direct investment (FDI) outflows also increased from $2.3 billion to $4.9 billion.Business & Economy
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