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Washington, Feb 12 : Cate Blanchett, who has won two Academy Awards, will be part of the prestigious event again, however, as an award presenter and not as a nominee.

New Delhi: ONGC and other state-run explorers may have to pay about Rs 10,900 crore in fuel subsidy after Finance Ministry has agreed to provide only Rs 5,085 crore in cash subsidy for the December quarter.

Out of the Rs 15,981 crore of revenue losses fuel retailers incurred on selling LPG and kerosene at government-controlled rates in October-December, the Finance Ministry has agreed to make good only less than one-third or Rs
5,085 crore by way of cash subsidy, sources said.

The remaining Rs 10,896 crore will now have to be borne by Oil and Natural Gas Corp (ONGC) and Oil India Ltd. ONGC may have to shell out close to 80 per cent of this amount (Rs 8,716 crore).

Wellington, Feb 12 - Former world number one golfer Tiger Woods has admitted that he needs a lot of work on his game and is therefore taking an indefinite leave from the professional tour.

The 14-times major champion, who had back surgery last year, withdrew from last week's Farmers Insurance Open at Torrey Pines, his second start of the season, after just 11 holes because of tightness in his back.

Woods would be expected to compete next at the February 26-March 1 Honda Classic at Palm Beach Gardens in Florida based on his usual tournament schedule, Stuff. co. nz reported.

Sydney, Feb 12 - Former Australian skipper Ricky Ponting believes that Michael Clarke should step down from one-day captaincy, and hand over the premier role to Steve Smith after the conclusion of the World Cup.

The two-time World Cup winning captain said that the right time for Michael to hand over the one-day captaincy to Steven will be after the conclusion of this World Cup, adding that retiring from one-day games would also allow Michael's body regular rest and recovery periods, News. com. au reported.

Admitting that Clarke is perfect to lead Australia during World Cup, Ponting said that it would be a good time for Steven to take over the one-day job and Michael to remain as Test captain after the conclusion of World Cup.

Mumbai: Extending losses for the fourth straight session, the rupee fell by 17 paise to 62.42 against the dollar in early trade on Thursday at the Interbank Foreign Exchange market as the American

Mumbai: Rising for the third straight session, the benchmark BSE Sensex gained over 151 points in early trade on Thursday as participants engaged in enlarging positions ahead of IIP and retail inflation data to be released later in the day.

Besides, expectations of faster economic reforms by the government and optimism over the forthcoming Budget, buoyed trading sentiments.

The 30-share index was trading higher by 151.91 points, or 0.53 percent, at 28,685.88 with stocks of auto, consumer durables, power, realty and capital goods sectors, leading the rise.

The gauge had gained 306.58 points in the previous two sessions.

On similar lines, the National Stock Exchange index Nifty rose by 36.30 points, or 0.42 percent, at 8,663.70.