India’s open lottery! Money came in bags full from abroad, the world was shocked to see the new figures of RBI

New Delhi: A very wonderful and heart-warming news is coming out on the Indian economy front. Amidst the ongoing economic turmoil across the world, a lot of money from abroad has poured into India’s coffers. According to the latest data released by the Reserve Bank of India (RBI) on Monday, the country’s exports and remittances sent by Indians living abroad have increased India’s economic strength manifold.

According to RBI, India has recorded a current account surplus of $ 7.1 billion in the January-March quarter (fourth quarter) of the financial year 2026, which is 0.7 percent of our GDP. Although this surplus is slightly less than the $13.7 billion (1.4 percent of GDP) recorded in the same quarter last year, but considering the current global conditions, it is being considered a major success for the Indian economy.

Computer and business services outweigh business losses

During this quarter, the country’s merchandise trade deficit increased to $83.4 billion, which was $59.3 billion in the same period a year ago. The main reason for this increase in trade deficit was the high imports in the country.

But it is a matter of relief that this loss was compensated to a great extent by our IT and business sector. Due to the huge surge in exports of computer services and other business services, the country’s net service receipts (net income from services) increased from $ 53.3 billion to $ 60.4 billion, which provided strong support to the economy.

Foreign earnings created history, NRIs sent record money

The Central Bank’s report clearly states that remittances coming from abroad have proved to be the strongest pillar for India’s external economic stability. Personal transfer receipts, which mainly include money sent home by people of Indian origin working day and night abroad, reached a record high in the March quarter. This figure has now reached $43.5 billion, a huge jump from $33.9 billion a year ago. Additionally, net outgo under the primary income account also declined from $11.9 billion to $11.1 billion, providing additional strength to the country’s current account balance.

How was the condition of foreign capital (capital flow) in the fourth quarter?

According to official RBI data, during the January-March 2026 quarter, net foreign direct investment (FDI) inflow in the country increased to $ 4.2 billion, which was just $ 0.4 billion in the same period last year. However, during this period, foreign portfolio investors (FPIs) booked huge profits from the Indian market and recorded a net outflow of $ 12 billion, whereas last year this figure was $ 5.9 billion.

On the other hand, the country benefited in terms of non-resident Indian (NRI) deposits and saw a net inflow of $3.3 billion, which was $2.8 billion in the last quarter of FY2025. The country saw a net inflow of $3.6 billion through External Commercial Borrowings (ECBs), compared to $7.5 billion last year. Amidst all these ups and downs, an increase of $ 7.2 billion was recorded in the country’s foreign exchange reserves on the basis of Balance of Payments (BoP).

A look at the report card for the entire financial year 2025-26

If we talk about the entire financial year 2025-26, India’s current account deficit stood at $25.2 billion, which is 0.6 percent of the total GDP. Interestingly, even in FY 2025, this deficit was only 0.6 percent of GDP ($22.9 billion). The trade deficit in goods increased to $337.3 billion this year, which was at the level of $286.9 billion last year. However, net income from services increased from $188.8 billion to $216.6 billion, while earnings from secondary income also jumped from $123.5 billion to $143.6 billion.

With this, the total net income from ‘net invisibles’ (services and other invisible items) in FY 2026 was recorded at $ 312 billion, which is much better than last year’s $ 264 billion. The main credit for this goes to our excellent service exports and the money sent by migrants.

Talking about capital inflow, the net FDI inflow increased to 6.9 billion dollars in the entire financial year 2026, which was only 1 billion dollars in the financial year 2025. However, during this period, a huge net outflow of $ 16.4 billion was seen from FPI, whereas last year there was an inflow of $ 3.6 billion. Finally, on a balance of payments basis, India’s foreign exchange reserves declined by $23.6 billion in FY 2026 due to severe global pressures, compared to $5 billion in FY 2025.