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India's overall balance of payments showed a surplus of $45.4 billion in August 2026. This significant surplus is attributed to an increase in foreign currency inflows, especially from non-resident Indian deposits. The current account deficit also narrowed slightly to $5.2 billion during the same month. Foreign direct investment improved, with net inflows of $3.3 billion recorded.
Amid fluctuating oil markets, current tensions in the Middle East and possible shifts in US sanctions have resulted in a marginal decline in oil prices. WTI crude is priced at $97.31, with Brent crude at $105.40. While recent moves to lift restrictions on certain vessels aim to counter soaring global freight rates, the International Energy Agency's diesel release hasn't completely eased concerns about oil supply.