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. ....

India is on track to surpass Britain next year to become the fifth largest economy in the world and to emerge among the "big three" global economies by 2040, Finance Minister Arun Jaitley said on Thursday. ....

Fuel prices continued to rise on Tuesday, with diesel prices rising to fresh record levels across metros and petrol crossing the Rs 78-per-litre mark in the national capital. ....

Budget passenger carrier SpiceJet on Monday successfully operated India's first test flight partially powered by bio-fuel. ....

The government may need to amend the Reserve Bank of India Act of 1934 and also bring a special law vis-a-vis setting up of the Public Credit Registry (PCR) to revolutionise the credit sector, an RBI official said on Monday. ....