KATHMANDU - Three Indian companies and an Indian joint venture are vying with three Chinese companies for a hydropower project in Nepal, underscoring the two giant neighbours' growing interest, presence and eventual rivalry in Nepal's energy industry.

The results of the RBI Repo/Reverse Repo auctions held on October 22, 2010 are:

MUMBAI - A benchmark index of Indian equities was ruling dull in highly range-bound trade Friday afternoon, although buying was seen in broader markets.

KATHMANDU - Keeping its sights trained on India-aided projects in Nepal, the opposition Maoist party has now obstructed the survey on a railway project in southern Nepal that is being funded by the Indian government to improve transport links between the two neighbouring countries and boost trade.

The Reserve Bank of India’s Reference Rate for the US dollar is ` 44.46 and the Reference Rate for Euro is ` 62.07 on October 22, 2010. The corresponding rates for the previous day (October 21, 2010) were ` 44.36 and ` 61.95 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: