{
  "id": 14739781,
  "title": "India's current account deficit narrows to $5.2 billion in August as capital account surplus hits $50.6 billion",
  "url": "https://urgent.news/2026/10/15/indias-current-account-deficit-narrows-to-5-2-billion-in-august-as",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T15:56:13.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/indicators/indias-current-account-deficit-narrows-to-5-2-billion-in-august-as-capital-account-surplus-hits-50-6-billion/articleshow/134971438.cms"
  },
  "original_language": "en",
  "account": "India's current account deficit narrowed to $5.2 billion in August, down from $6.1 billion a year prior, according to data released by the Reserve Bank of India. The country also recorded a capital account surplus of $50.6 billion, up from $0.5 billion in the same period last year. As a result, the overall balance of payments for August stood at a surplus of $45.4 billion, compared to a deficit of $5.6 billion in the corresponding month a year ago.\n\nThe central bank's dollar mobilization program contributed to an accumulation of non-resident deposits worth $83 billion in August, aiding the country's impressive capital account surplus. However, a $22.4 billion net outflow under external commercial borrowings offset some of this gain.\n\nMeanwhile, the current account deficit shrank due to a narrowing merchandise deficit and a widening services surplus, as per RBI data. The balance of payments surplus for the first five months of the financial year stood at $58 billion, compared to a $0.8 billion deficit a year earlier. However, the current account deficit widened for the five-month period to $18.3 billion, up from $12.8 billion a year ago. The capital account surplus was $76.3 billion, compared to $12 billion in the previous year.",
  "summary": "India's current account deficit narrowed to $5.2 billion in August, compared to $6.1 billion a year earlier. The capital account surplus increased substantially to $50.6 billion, influenced by non-resident deposits of $83 billion. The balance of payments showed a surplus of $45.4 billion, contrasting with a deficit of $5.6 billion in the previous year. External commercial borrowing saw a net…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}