A comparison of India's balance of payments for the period April to December 2010 with the corresponding period of 2009 shows that the deficit in the merchandise account increased from $86.8 billion to $102.1 billion. During the same period, the invisibles account showed an increase in surplus from $61.2 billion to $63.2 billion. Thus, the current account deficit expanded from $25.5 billion to $38.9 billion. A disquieting feature in the capital account has been a drastic fall in net foreign direct investment from $27.0 billion to $18.0 billion.