Record remittances cushioned India’s finances in FY26, but this is no long-term fix
India records $7.22 billion BoP surplus in Jan-March 2026 quarter, aided by record-high remittances of $110.47 billion in 2025-26. Private transfers, including workers' remittances, rose 15% to $151.71 billion, while FDI and FPI inflows remain subdued.