India recorded a current account surplus of $7.1 billion (0.7% of GDP) in the fourth quarter (January–March) of FY26, according to the Reserve Bank of India (RBI).
The surplus was driven by strong services exports and record remittance inflows from Indians living abroad.
Net services receipts increased to $60.4 billion in Q4 FY26 from $53.3 billion a year earlier.
Personal remittance receipts reached a record $43.5 billion, compared to $33.9 billion in Q4 FY25.
India’s merchandise trade deficit stood at $83.4 billion during the quarter, while the overall Balance of Payments (BoP) recorded a surplus of $7.2 billion.