Balance of payments in India was surplus. The balance of payments registered a surplus of $11.2 billion during April-June, up from $7.1 billion.A year ago the balance of payments was $300 million in deficit. The current account deficit for April-June stood at $7.8 billion, sharply higher than $1.3 billion in January-March. Foreign portfolio inflows into India have totaled $30 billion.so far this year, compared with just $12 billion for the whole of 2013 when the Indian currency had plunged.India’s current account deficit touched a record high of around $88 billion in 2012/13, driven by a massive surge in gold imports. Gold imports rose to $7 billion in the April-June period of 2014.