Also known as Vyasa Purnima, Guru Purnima is consdered as an auspicious day by Hindus. Jains and Buddhists. The day is dedicated to gurus and is celebrated in the remembrance of sage Maharishi Veda Vyasa - a symbol of guru shishya tradition. This was also the day when Lord Shiva become the first guru. The day is celebrated by Buddhists on this day loard Buddha gave his first sermon to the seven sages. Students in Nepal Celebrate the day by honouring their teachers. The day is celebrated on the full moon day of the Hindu month of Ashadha. The day usually falls in the month of June or July. This year Guru Purnima will be celebrated on 27th July 2018.