{"id":29018,"date":"2026-07-01T00:37:38","date_gmt":"2026-06-30T19:07:38","guid":{"rendered":"https:\/\/banitoday.com\/invisible-surplus-widens-in-q4fy26-to-90513mn-as-remittances-jump-30\/"},"modified":"2026-07-01T00:37:38","modified_gmt":"2026-06-30T19:07:38","slug":"invisible-surplus-widens-in-q4fy26-to-90513mn-as-remittances-jump-30","status":"publish","type":"post","link":"https:\/\/banitoday.com\/hi\/invisible-surplus-widens-in-q4fy26-to-90513mn-as-remittances-jump-30\/","title":{"rendered":"Invisible surplus widens in Q4FY26 to $90,513mn as remittances jump 30%"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-132099750,imgsize-1204357,width-400,height-225,resizemode-4\/132099750.jpg\" alt=\"Invisible surplus widens in Q4FY26 to $90,513mn as remittances jump 30%\" title=\"Representative image\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>MUMBAI: India\u2019s invisible surplus widened sharply in the quarter ended Mar 2026 and over FY26, driven by strong services exports and higher remittances, while primary income outflows remained contained.<span class=\"id-r-component br\" data-pos=\"2\"\/>The surplus rose to $90,513.93 million in Q4 FY26, up 24.05% from $72,968.57 million a year earlier. For FY26, it expanded to $312,047.60 million, up 18.20% from $263,999.67 million in FY25, providing a larger cushion to the current account.<span class=\"id-r-component br\" data-pos=\"5\"\/>Services exports remained the main driver of the surplus. Net services contributed $60,356.24 million in Q4 FY26, up 13.21% from a year earlier, and $216,614.79 million for FY26, up 14.71%. <!-- -->Within this, telecommunications, computer, and information services led gains, with net receipts at $46,839.93 million in Q4 FY26, up 13.06%, and $179,302.48 million for FY26, up 12.72%.<span class=\"id-r-component br\" data-pos=\"10\"\/>Remittances also accelerated during the period. Net secondary income rose to $41,266.35 million in Q4 FY26, up 30.87% from a year earlier, and $143,640.51 million for FY26, up 16.30%. Net private transfers, a key component, increased to $41,582.70 million in Q4 FY26, up 30.57%, and $144,794.30 million for FY26, up 16.25%.<span class=\"id-r-component br\" data-pos=\"13\"\/>Within private transfers, \u201cRemittance from Indian workers abroad for family maintenance and savings\u201d increased from $87,554.45 million in FY25 to $110,470.73 million in FY26, reflecting continued strength in overseas incomes.<span class=\"id-r-component br\" data-pos=\"15\"\/>Primary income outflows remained stable and limited the drag on the overall surplus. Net primary income stood at -$11,108.66 million in Q4 FY26, narrowing from a year earlier, and at -$48,207.70 million for FY26, almost unchanged from FY25.<span class=\"id-r-component br\" data-pos=\"18\"\/>Growth in outbound payments remained modest. Total invisible payments rose only 1.58% in Q4 FY26 to $76,866.99 million from $75,673.80 million a year earlier, allowing most of the increase in receipts to translate into a higher surplus.<span class=\"id-r-component br\" data-pos=\"20\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/invisible-surplus-widens-in-q4fy26-to-90513mn-as-remittances-jump-30\/articleshow\/132099770.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: India\u2019s invisible surplus widened sharply in the quarter ended Mar 2026 and over FY26, driven by strong services exports and higher remittances, while primary income outflows remained contained.The surplus rose to $90,513.93 million in Q4 FY26, up 24.05% from $72,968.57 million a year earlier. For FY26, it expanded to $312,047.60 million, up 18.20% from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":29019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29018","post","type-post","status-publish","format-standard","has-post-thumbnail"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/29018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/comments?post=29018"}],"version-history":[{"count":0,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/29018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media\/29019"}],"wp:attachment":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media?parent=29018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/categories?post=29018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/tags?post=29018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}