Ajai Sahai

Nepal’s decision to ban the import of non-essential items amid depleting forex reserves may hit Indian exports. The country’s central bank — Nepal Rastra Bank — last week instructed commercial banks not to open letters of credit (LCs) for…

India’s exports are unlikely to get an immediate boost from a depreciating rupee, which touched an all-time low on Monday, driven by rising commodity prices. The rupee fell to 76.97 against the dollar earlier in the day, settling 1.05 per…

Uncertainty looms over India’s export outlook, with the new Covid-19 variant Omicron spreading rapidly across the country’s key shipment destinations. With the US and parts of Europe witnessing more than 100,000 Covid-19 cases a day,…