Indians enjoy at Oscar

India has been revelling in the Oscar night glory, with the success of Slumdog Millionaire, its composer AR Rahman and the documentary Smile Pinki.

Rahman won two Oscars, best original score and best original song – Jai Ho, with fellow Indian Gulzar.

Resul Pookotty bagged another award for sound mixing of the rags-to-riches Mumbai movie, which also won the best director and the best picture.

Smile Pinki, about an Indian cleft-lip girl, won best short documentary.

The successof Slumdog sparked massive celebrations back in the Mumbai slum, where two of the film’s child actors still live.

Rubina Ali and Azharuddin Ismail were both in Hollywood for the ceremony.

Indian Prime Minister Manmohan Singh said, “They have done India proud”.

India’s biggest winner of the night was Rahman, 43.

He said as he accepted the award, “I just want to thank again the whole crew of Slumdog Millionaire, especially Danny Boyle, for giving me such a great opportunity.

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US shares lowest

US shares have fallen sharply on concerns about the government’s latest attempts to shore up the banks.

The Dow Jones Industrial average closed down 251.4 points or 3.41% at 7,114.3, it’s lowest since October 1997.

In fact, the shares in the banks rose sharply, with Citigroup up more than 11% and Bank of America rising over 5%.

The US government reiterated its determination to keep banks operating, but added it wants the banks themselves to stay in private hands.

There had earlier been reports that the government was planning to take a bigger stake in Citigroup and could even nationalize it.

“People left and right are throwing in the towel”, said Keith Springer from Capital Financial Advisory Services.

“The biggest thing i see here is the incredible pessimism – the government is doing a lousy job of alleviating fears”.

Technology shares also fell on reports that a reorganization is planned at Yahoo!

The technology based Nasdiq index fell 53.5 points or 3.71% to close at 1,387.8

These falls pick up from a tough last week, when all the major indices fell by more than 6%.

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Alcohol and its effects

Addiction to alcohol is referred to as Alcoholism. It is a chronic disorder, in which a person is unable to refrain from frequent and excessive consumption of alcohol for physical or psychological reasons. The Wolrd Health Organisation( WHO ) has listed alcoholism as one of the three most deadly killer diseases of the 20th century.

Alcoholism is also one of the most serious social problems. It often brings povery and certain amount of crime and results in marital unhappiness and broken homes. It also leads to numerous traffic accidents.

Alcohol is not a product found in nature. It results from decomposition and as such belongs to a family of poisons. Ethyl alcohol, the main intoxicating ingredient in wine, beer and distilled liquor is a toxic drug which depresses the brain and nervous system. Alcohol cannot be called a food for it enters the alimentary canal and is not changed or digested in any way. It is quickly absorbed in the bloodstream and then travels to every part of the body, adversely affecting vital organs like brain and liver.

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