India's Balance of Payments Slips into $8.1 Billion Deficit in Q1FY27

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Economy

15 August 2026 at 12:27 pm

India's Balance of Payments Slips into $8.1 Billion Deficit in Q1FY27

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Summary

India's balance of payments recorded an $8.1 billion deficit in Q1FY27, primarily due to capital account dollar outflows. The current account deficit also rose to $3.1 billion, driven by increased fuel import costs, despite strong performance in services and remittances.

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