The Life Insurance Corporation's (LIC) public issue offer is finally here, with the long-awaited initial public offering (IPO) to open on May 2 for anchor investors and from May 4 to May 9 for the general public, the insurance behemoth confirmed on Wednesday at its press conference. Taking aim at the opposition-ruled states at a high-level meeting with Chief Ministers, PM Modi today requested them to reduce the Value Added Tax (VAT) on fuel "in the spirit of cooperative federalism". As Telangana's ruling Telangana Rashtra Samiti celebrates 21 years of its formation, party president K Chandrashekar Rao has decided it is time for the party to step out of its domestic turf and venture into national politics.