India's annual rate of inflation based on wholesale prices eased to 4.53 per cent in August from a rise of 5.09 per cent in July, official data showed here on Friday. ....

Continuing its downward trend, the Indian rupee hit a new low of Rs 72.91 on Wednesday morning. ....

Former RBI Governor Raghuram Rajan has said that a big number of non-performing assetes (NPAs) originated in 2006-08 when India's economic growth was strong while some banks proved inadequate in making proper due diligence ....

Continuing its slide, the Indian rupee touched another fresh low of 72.35 on Monday, weakening by 62 paise from its previous close of 71.73 per US dollar. ....

Union Petroleum Minister Dharmendra Pradhan on Saturday said a weak Indian rupee against the US dollar and supply side constraints have led to high domestic fuel prices. ....

Union Minister Nitin Gadkari on Thursday said that commercial vehicles such as buses, taxis and rickshaws powered by alternative fuels such as "Ethanol, Methanol, Bio-diesel and CNG" will be exempted from the requirement of a permit. ....

The Indian rupee plunged to a fresh record low of 71.75 to a dollar during the morning trade session on Wednesday. ....

High crude oil prices and negative global cues pulled the Indian rupee to a new record low of 71.58 per US dollar on Tuesday. ....

Prices of petrol and diesel, already at unprecedented levels in the country, rose for the ninth consecutive day on Monday, even as analysts said the dual impact of rising oil prices and the depreciating rupee increases regulatory risks for state-run oil and gas firms. ....

With monthly transactions crossing 300 million mark through Unified Payments Interface (UPI), Finance Ministry officials on Monday said digital payment will soon be the norm in the country. ....