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TDP to support govt to eliminate faction killings

Hyderabad, Apr 24 (UNI) Opposition Telugu Desam Party (TDP) President and former Andhra Pradesh Chief minister N Chandrababu Naidu today said his party would support the state government in eliminating the faction killings in Rayalaseema region.

Responding to the Chief minister Y S Rajasekhara Reddy's initiative to curb the faction fueds, yesterday, Mr Naidu also demanded that the government conduct a debate on the issue and prepare modalities to control the faction ridden politics in the state.

Addressing the press here, he said the Chief minister should invite all political parties for a debate on faction issues and show his sincerity in reducing the faction killings in Rayalaseema.

Pointing out that 84 TDP activists and leaders were killed in faction fueds since the Congress came to power, Mr Naidu said the TDP was ready to co-operate with the state government in eliminating the faction politics.

Alleging that the Congress ruled government and police officials were encouraging faction politics and killing TDP leaders for gaining political advantage, the TDP Chief said the government should also study the reports of Vora committee and Housing committee which had given suggestions to control faction fueds.

UNI AP VV VJ VC1555

BCCI to amend constitution on May 20 for funding other sports

New Delhi, Apr 24 (UNI) Envied for its deep bulging pockets, the Board of Control for Cricket in India (BCCI) has decided to bat for its poor cousins and will amend its constitution next month to form a Rs 50 crore corpus to uplift other sports in the country. According to BCCI marketing committee member I S Bindra the board was looking to promote Olympic sports and the modalities would be worked out at the BCCI.....

China fuel prices at new highs on robust demand

SINGAPORE, Apr 24 (Reuters) China's wholesale diesel and gasoline prices climbed to new highs on rising seasonal and holiday demand and hopes Beijing would soon raise retail prices again, China-based fuel distribution officials said on Monday. Top refiner Sinopec Corp was quoting wholesale diesel at 5,200-5,350 yuan (0-669) per tonne in eastern provinces, nearly 2 percent higher than a fortnight ago and 6-8 percent above the government-set retail ceiling. The wholesale market, where state-run refiners.....

UPDATE 2-Japan warns against yen rise, denies French claim

TOKYO, Apr 24 (Reuters) Japanese authorities warned against a rise in the yen on Monday, saying there were volatile movements in currency rates and they would act appropriately in the market if needed. They also denied a comment by the French finance minister that Tokyo would let markets push up the yen. The dollar tumbled to a three-month low against the yen on Monday, pressured after Group of Seven (G7) finance ministers called for major.....
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