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Reference rate fixed at Rs 44.54 per USD

Mumbai, Dec 26 (UNI) The Reserve Bank of India (RBI) today fixed the reference rate at Rs 44.54 per US dollar, up by five paise from 22nd December's rate of Rs 44.59 per US dollar, a RBI spokesperson said here.

UNI NV KU SKB1319

Banks ready for Basel II reforms: Bansal

Jaipur, Dec 26: Union Minister of State for Finance Pawan Kumar Bansal said Indian banks are in the process of consolidation and the banking sector is ready to meet the global standards. Mr Bansal who was here to attend a consultative committee meeting of his ministry, told UNI that banking is an important sector in the economic reform process and is evolving to meet international standards. The Indian banking sector is ready.....

MP govt okays Narmada circuit project

Bhopal, Dec 26: The Tourism ministry has approved the Madhya Pradesh government's Jabalpur destination development project and the Narmada circuit project, official sources said.The Jabalpur project, costing Rs 4.3 crore, envisages development of tourist information centre at Bhedaghat, trekking routes in forests on Dumna road, beautification and development of traffic island at Russel Chowk, beautification of Hanuman Tal lake, development of trekking routes behind Madan Mahal fort, development of Gwarighat and provision of signages within Jabalpur city.The Rs.....

'Study for setting up a greenfield airport in Kolkata'

Kolkata, Dec 26: West Bengal government has urged the Civil Aviation Ministry to set up a greenfield airport in Kolkata to handle increasing traffic. Informing this, West Bengal Chief Minister Buddhadeb Bhattacharjee here today said that the Consulting Engineering Services (CES) is doing the feasibility study of a second airport near Kolkata and is likely to submit its report soon. Speaking at the 152nd AGM of Bengal Chamber of Commerce.....
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