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The Economic Times

Top News / The Economic Times

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Indias balance of payments slips into deficit in Q1FY27

India faced a significant balance of payments deficit in the first quarter, reaching $8.1 billion. This setback was predominantly due to capital account dollar outflows. Furthermore, the current account deficit increased to $3.1 billion, largely influenced by rising fuel import expenses which intensified the merchandise trade deficit. Although services and remittances saw strong performance, they weren't enough to balance the deficit.

15 Aug 2026 9:54 am