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Teachers play big role in students' life: Modi

Prime Minister Narendra Modi said teachers play a big role in students' life and added that being a teacher is not like any other career. "Being a teacher is not like any other career. It is something different. I bow to all the teachers. It is the teachers who make the generations," he said a day ahead of the Teachers' Day. He said "a teacher can never retire" and added they have a great responsibility towards shaping the future of children. Source: IANS

Climate change a major concern: Modi

Terming climate change as the "pressing global challenge", Prime Minister Narendra Modi has said nature, forests, trees and the well being of all beings play a great role in the teachings of Lord Buddha. Speaking at 'Samvad, the global Hindu-Buddhist initiative on conflict avoidance and environment consciousness' here, the prime minister said the poor people were most affected by climate change. "The most adversely affected by climate change are the poor and the downtrodden," he said, adding that all problems could be solved through dialogue. Source: IANS

Kerala mulls setting up private universities

Chief Minister Oommen Chandy said that the government will discuss whether it should set up private universities in Kerala. "Kerala is the only state in the country that does not have a private university. In West Bengal, there are six and in Tripura there are two," he said, referring to the other two states where Communists are strong. "We will discuss this issue with all concerned at several levels before a decision is arrived at," Chandy said. Source: IANS

RBI to Issue Rs. 5 denomination to Commemorate 65-years of Indo-Pak War

The RBI will circulate Rs. 5 coins to commemorate 50 years of Indo-Pak War. RBI said in a release that the coins will be a legal tender as provided in the Coinage Act 2011. The new coin will have Lion Capital o Ashoka Pillar on one side and image of Amar Jawan on the other.

Cipla to acquire two US firms for $550 mn

India-based global pharmaceutical major Cipla has said its Britain arm - Cipla EU - has entered into definitive agreements to completely acquire two US based companies -- InvaGen Pharmaceuticals and Exelan Pharmaceuticals -- for $550 mn. The combined revenue from these transactions is over $200 million for the year ended December 2014 and over $225 million for the period July 2014 to June 2015. Source: IANS

Upcoming US macro data dent markets; Sensex closes 563 points down

Expectation of an interest rate hike in the US, strengthening crude oil prices and weakening of rupee value dented investor sentiments -- leading to a barometer index to provisionally close 563 points down. The barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) plunged by 562.88 points or 2.18 percent (at 3.30 p.m.). Source: IANS

Indian-origin duo's app to revolutionise banking industry

A mobile app launched by Indian-American banker Jay Sidhu and his daughter Luvleen can revolutionise the global banking industry, a media report said. Sidhu, who is the chairman and CEO of US-based Customers Bank, and his daughter, presented details of their app called BankMobile at an event of Greater Reading Chamber of Commerce and Industry in downtown Reading this week, reported. Source: IANS

Indonesia to launch satellite from India

Indonesia is set to launch a locally made satellite from India on September 27, a media report said.The LAPAN A2/Orari satellite was produced entirely in Indonesia by the National Institute of Aeronautics and Space (LAPAN) in 2012. It is a successor to LAPAN A1/Tubsat, which was launched in India in 2007, The Jakarta Post reported. “Today, I’m officially sending off the LAPAN A2/Orari satellite,” said President Joko Widodo during the launch ceremony. Source: IANS

Tata Sky launches new set-top box with Wi-Fi

Direct broadcast satellite television provider Tata Sky on Wednesday launched a new set-top box (STB) which will have recording ability and will come with a Wi-Fi dongle to enable consumers to enjoy recorded content on smartphones and tablets without consuming internet data.The announcement assumes significance as this is a first of its kind technology in India. "The new product (storage capacity of 500 GB) which comes at a price of Rs.9,300 along with the Wi-Fi dongle is aimed at consumers in the metro and Tier-I cities. We expect to see a fair share of growth as we have seen with our other products," Pallavi Puri, chief commercial officer at Tata Sky, said. Source: IANS

JFI chief Mukesh nominated as international judo body director

Judo Federation of India (JFI) president Mukesh Kumar has been nominated as director in the International Judo Federation (IJF) Coordination Committee of Directors by the executive committee. The main role of the coordination committee of directors is to promote and implement the IJF strategy and judo values. Mukesh Kumar is also the general secretary of the Judo Union of Asia (JUA). Source: IANS

Golfer Sharmila claims first title of 2015

Overnight leader Shamila Nicollet carded 1 under 71 on the final day of the Rs.6 lakh 15th leg of Hero Women's Professional Golf Tour at the Jaypee Greens to claim her first title this season. Amandeep Drall finished with a total score of 215 to take second position, three strokes behind Sharmila. The tour now moves to the historic Delhi Golf Club for the 16th leg which will be played from September 9 to 11. The tour comprises 19 legs spanning across India. Source: IANS

100 entries for fourth round of bike races

Nearly 100 entrants will line up on various grids in the fourth round of the MMSC-FMSCI Indian National Motorcycle Racing Championship that gets underway on Saturday at the MMRT track, celebrating its silver jubilee year. The busy weekend will see as many as 20 races spread over Saturday and Sunday. The National Championship is headlined by the premium Group B (Open) class besides Group C (Open) and the ever-popular Group D (Novice) which has never failed to attract big numbers. Source: IANS

PM releases digital audio CDs of Ramcharitmanas

Prime Minister Narendra Modi has released a digital version of epic Ramcharitmanas, a set of digital audio compact discs produced by All India Radio. "The strength of Akashvani is immense and I fully understand it. I remember learning about the Pokhran (nuclear) tests of 1998 through a tea seller in Himachal Pradesh, who heard it on the radio. He told me very happily that Atal (Bihari Vajpayee) ji has tested the bomb," Modi said. Source: IANS

India to host 2018 Theatre Olympics

India will host the 2018 edition of the Theatre Olympics, an official announced on 24 August 2015. "India has been given the right to host the 2018 edition," said National School of Drama (NSD) director Waman Kendre during the inauguration of a five-day festival of northeastern plays, "Poorvotta Rashtriya Rang Manch". NSD chairman Ratan Thiyam returned to India on Sunday after attending a meeting in the Netherlands where the decision was taken. Source: IANS

Malayalam actor Paravoor Bharathan is dead

Malayalam actor Paravoor Bharathan, who acted in nearly 300 regional films, died on 18 August 2015 at his home near here in Kerala, family sources said. He was 86 and was ailing for a while. Although he began his career in the late 1940s in drama, he first appeared in films in 1951 and till 2009 was an integral part of the film industry. He had been suffering from age-related ailments since 2009. Source: IANS

PM to inaugurate Delhi-Faridabad Metro line on Sunday

Residents of Haryana's Faridabad city will be able to enjoy the Delhi Metro services with Prime Minister Narendra Modi scheduled to inaugurate the Badarpur to Escorts Mujesar (Faridabad) line.  The extension of Delhi Metro till Faridabad, an industrial hub in Haryana, will ease commuting between both cities. Nearly 200,000 people travel between both cities daily, clogging the connecting roads, a Haryana government spokesman said. Source: IANS

Ola taxi driver held on charges of molesting Finnish girl

An Ola cab driver was arrested on Friday for allegedly molesting a Finnish girl, Rajasthan Police said.The girl, who was working as an intern in a company, filed the complaint at Shastri Nagar police station here in the afternoon, alleging that the driver of the cab tried to molest her while she was travelling from a hotel to the paying guest accommodation where she resides. Source: IANS

Pakistan Rangers target BSF post in Jammu

Pakistan Rangers resorted to unprovoked shelling at a Border Security Force (BSF) post along the international border in the Jammu district. "Pakistan Rangers started unprovoked shelling and firing at Tube Well 5 border outpost of the BSF today (Friday) in R.S.Pura sector," a police said. "The shelling and firing started at 2.10 a.m," he added."BSF is effectively retaliating. Firing exchanges are still on in the area." Source: IANS