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Tamil film actor is all set to become third Indian driver to participate in the FIA Formula Two championship racing event to be held at Silverstone in England this year.

The 39-year old Ajith confirmed on Wednesday that he will compete in the Formula 2 along with his partners Armaan Ebrahim and Parthiva Sureshwaren. Ebrahim will be participating in the Formula 2 for the second time while Parthiva will make comeback after a break.

March 25, 2010 (Sampurn Wire): 'Hum Tum Aur Ghost' is all set for release this Friday and producer-actor Arshad Warsi has gone all out to ensure that the film gets adequate visibility and publicity. As he gets sets for another promotional event, we catch him for a quick tete-a-tete and try to get a picture of what really transpired between him and his favourite director Kabir Kaushik who had given him a wonderfully made 'Seher' a few years back.

I guess all wasn't quite well between you and director Kabir Kaushik. Is that true?

Actor Ajith Kumar has now signed FIA Formula 2 racing tournament ready to kick-start on April 16. It's worth mentioning that the actor had made his racing debut in 2003 with Formula BMW Asia Series. Off the late, Ajith Kumar took part in British Formula 3 Series at UK in 2004. It was a pretty tough competition at the National Class and ended up scoring two podium finishes.

Crude oil fell after a government report showed a bigger-than-forecast increase in U.S. supplies and the dollar surged to a 10-month high against the euro. Stockpiles rose 7.25 million barrels to 351.3 million last week, the Energy Department said. Imports of crude oil gained 12 percent to 9.4 million barrels a day last week, the highest level since September and the biggest change since August, the report showed. Now support for the crude is seen at 3662 and below could see a test of 3632. Resistance is now likely to be seen at 3720, a move above could see prices testing 3748.

Trading Ideas:

Crude trading range is 3632-3748.

Rajasthan Royals led by skipper Shane Warne has defeated Kings XI Punjab by 31 runs in the Indian Premier League (IPL-3) at the PCA Stadium in Mohali on Wednesday.

Punjab skipper Kumar Sangakarra won the toss and elected to field first. Rajasthan scored 183 runs for loss of five wickets in their allotted 20 overs. F Fazal and A Voges contributed 45 runs each for Rajasthan.

S  Sreesanth, S Srivastava and P Chawla took one wicket each for Punjab.