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Oil falls in Asian trade
Oil prices eased in Asian trade today as traders took note of high distillate inventories, which indicated that a global economic recovery was still sluggish, analysts said.

Govt allocates Rs 1,740 crore for disadvantaged sections
The government has allocated Rs 1,740 crore to expand educational and economic opportunities for the disadvantaged section of the minorities through various schemes, Rajya Sabha was informed today.

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Bollywood eyes private equity as banks go slow
EXIM Bank and IDBI are said to be cautious while financing films, prompting producers to tap PE players and investors like the Dar Capital group.
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20 AP ministers plans to quit en masse

The political backlash in Andhra Pradesh over Telangana decision took a new turn today with as many as 20 ministers hailing from coastal Andhra and Rayalaseema regions planning to resign from their posts en masse. - Govt seeks cooperation of states, parties on statehood demands - Centre backtracking on Telangana: Kisenji - Demand does not mean new states everywhere: Pranab - India-Sri Lanka ODI in Vizag is on: ACA - Cong, TDP responsible for political crisis in Andhra: BJP - Telangana crisis puts India-Sri Lanka Vizag ODI in jeopardy The ministers, under immense pressure from their constituents to quit following the Centre"s decision to bifurcate Andhra Pradesh, met in a star hotel here this afternoon and decided to put in their papers. "We have decided to resign from our posts. We have asked three of our colleagues -- Dharmana Prasada Rao, Gade Venkata Reddy and C Silpa Mohan Reddy -- to communicate our decision to Chief Minister K Rosaiah," state Municipal Administration Minister Aanam Ramanarayana Reddy told newspersons after the meeting. Immediately, Dharmana, Gade and Silpa Mohan rushed to the Secretariat to meet the Chief Minister. After their meeting, however, the ministers maintained that they had not taken up the resignation issue with Rosaiah yet. "We will meet him later in the evening and discuss the issue," Dharmana and Gade told reporters. The Chief Minister, meanwhile, refused to speak to the media and left for home.


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