01-June-2026
Economy News
 
RBI sees services exports, remittances cushioning current account in FY27
01-Jun-2026

A robust outlook for India's services trade balance, particularly in software and business services, along with steady inward remittances from non-Gulf countries, is expected to support the country's current account balance in 2026-27, according to the Reserve Bank of India's (RBI) Annual Report 2025-26. In its assessment of the outlook for the external sector, the RBI said that despite uncertainties surrounding global trade and geopolitical developments, India's strong services exports and remittance inflows are likely to act as a key buffer for the balance of payments.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/rbi-sees-services-exports-remittances-cushioning-current-account-in-fy27/articleshow/131423174.cms