Plan panel cuts GDP growth target for 12th Plan

Due to the mild economic recovery, Plan panel has decided to lower annual average economic growth rate to 8.2% in the 12th Five Year Plan (2012-17) from 9 percent estimated earlier.
This will be presented in the meeting of the Full Planning Commission, to be presided over by the Prime Minister, on September 15.
After this is approved by full Planning Commission  it would be reviewed and approved by the Union Cabinet and then it would be placed before the country’s apex decision making body National Development Council (NDC) for final approval.
The NDC headed by the Prime Minister also includes chief ministers and union cabinet ministers on board. It is the final authority to finalise the five-year policy document.

Chinese Defence Minister's India visit

General Liang Guanglie, Chinese Defence Minister on his visit to India discussed defence issues and military exchanges and cooperation with his Indian counterpart A.K. Antony. They agreed to enhance and maintain peace and tranquillity on the border, India and China decided to conduct the next round of joint military exercises at the earliest. A.K. Antony accepted General Liang’s invitation to visit Beijing next year.

Buchi Babu championship

Karnataka won Buchi Babu all-India cricket tournament outshining Kerala's commendable fight in the final. Last year also Kerala gave a decent fight to Maharashtra who won the championship. This tournament is to honour Mothavarapu Buchi Babu Naidu (1868–1908). Who was an Indian socialite and cricket pioneer who organised cricket clubs for native Indians. He is considered to be the "father of Madras cricket" and founded the annual Madras Presidency Matches, the first of which was held shortly after his death.