Finance minister says Canada will run deficits until at least 2015, 2 years longer than seenSeptember 10th, 2009 Canada to run deficit until at least 2015VICTORIA, British Columbia — Canada's finance minister says the government will run deficits for two years longer than originally forecast, and the country will be in the red at least until 2015. Finance Minister Jim Flaherty says the deficit for this year will be over $4.6 billion more than originally thought, moving up to a projected $51.9 billion from $46.5 billion
Flaherty told an audience in Victoria on Thursday that Canada is showing signs of a fragile economic recovery, but returning to balanced budgets will not be easy.
Sprint expanding wireless broadband services to 17 citiesAugust 11th, 2009 Sprint Nextel announces 17 new WiMax marketsOVERLAND PARK, Kan. — Sprint Nextel Corp.
India not likely to meet millennium goals by 2015: RameshJuly 29th, 2009 NEW DELHI - India is unlikely to meet the Millennium Development Goals (MDG) by 2015, the deadline it had promised, Minister of State for Environment and Forests Jairam Ramesh said here Wednesday. "It's a matter of great distress that we won't reach the Millennium Development Goals by 2015," Ramesh said at a conference of the Parliamentarians' Group on the Millenium Development Goals (PG-MDGs).
Carmaker Volvo to expand footprint across IndiaJuly 21st, 2009 HYDERABAD - Volvo Car India, the Indian arm of Swedish car major Volvo Car Corp, is upbeat about the Indian luxury car market and is gearing up to expand its footprint across the country. Volvo, which entered the Indian market in 2007, is planning to introduce new models in India from its global line-up, but is looking for right partners in big cities.
India has no plans for manned moon mission, says ministerJuly 16th, 2009 NEW DELHI - Though the Indian Space Research Organisation (ISRO) has expressed its intent to send a manned moon mission by 2015, Science and Technology Minister Prithviraj Chavan Thursday told parliament that India has no such plans. In reply to a question on whether India proposes to send a man to the moon, Chavan said: "No sir."
The minister, however, informed the Rajya Sabha that "India is planning for a follow-on mission Chandrayaan-2, which has an orbitor and lander which land on moon (sic) and a rover which moves on the surface of the moon to probe its surface".
Comcast to offer wireless Internet service through Clearwire and SprintJune 29th, 2009 Comcast to offer wireless Internet servicePHILADELPHIA — Comcast is rolling out wireless Internet service Tuesday in Portland, Ore., with plans to add three other cities by the end of the year. Comcast is the first major cable operator to roll out wireless broadband.
India-Britain trade could reach $40 bn by 2015: IndustryJune 21st, 2009 NEW DELHI - Bilateral trade between India and Britain, which crossed $12 billion last fiscal, has the potential to touch $40 billion by 2015, according to an industry lobby report. The report by the Confederation of Indian Industry (CII) said: "CII proposes a target for merchandise trade at $40 billion by 2015 with special emphasis on expanding services trade to $12 billion and exploring other business avenues."
The industry will launch CII India Business Forum-UK to promote bilateral trade between the two countries.
BMW planning mass production of e-vehicles by 2015June 11th, 2009 MUNICH - BMW has no plans for forming a partnership with other manufacturers on battery powered electric vehicles and has its own plans to mass-produce "megacity" e-vehicles by the year 2015, BMW CEO Norbert Reithofer has announced. The car maker will decide by the end of the year whether to establish a subsidiary for the "megacity vehicles" alongside the current BMW, MINI and Rolls-Royce labels, according to Reithofer.
Paramount Airways connects east, northeastern cities with southern IndiaApril 27th, 2009 AGARTALA - Chennai-based Paramount Airways has launched its operations Monday connecting the eastern and northeastern region with the southern Indian cities. 'From Monday onwards, the Paramount Airways would operate airbus between Kolkata, Guwahati, Agartala and many southern India cities,' said R.C.
Airtel pioneers 16 Mbps broadband in IndiaApril 6th, 2009 NEW DELHI - Bharti Airtel has pioneered 16 Mbps broadband - the fastest wireline broadband on DSL in the country. This service, powered by Airtel's Carrier Ethernet Network, will be initially available in the cities of Delhi NCR, Chennai and Bangalore with phased roll-out to additional cities of Hyderabad, Pune, Mumbai and Kolkata.
Airtel launches 16 Mbps broadbandApril 6th, 2009 NEW DELHI - Bharti Airtel Monday launched 16 Mbps broadband, the fastest wireline broadband on digital subscriber loop(DSL) in the country, in select cities. 'We will be able to offer 16 Mbps broadband to 70 percent of the households in Delhi and NCR (national capital region), Chennai and Bangalore,' Airtel Telemedia Services joint president K.
Audi India sells 113 vehicles in FebruaryMarch 5th, 2009 NEW DELHI - Despite the auto industry facing the brunt of a slowing economy, the high-end segment seems to have weathered the storm with luxury carmaker Audi reporting a considerable increase in their monthly sales for the second consecutive month. The German car manufacturer, posted a year-on-year increase of about 95 percent selling, 113 vehicles in February against 58 cars in the corresponding month last year.
Big Cinemas to add eight screens in north IndiaFebruary 12th, 2009 NEW DELHI - Big Cinemas, part of the Reliance Anil Dhirubhai Ambani Group (R-ADAG), has announced the opening of two four-screen multiplexes in north India, a company release said here Friday. To be opened at Ansal Plaza Mall, Greater Noida and at Paras Downtown Mall in Zirakpur, the halls will have a total capacity of 928 and 1,010 seats, respectively.
National gas grid to be ready by 2015February 5th, 2009 KOLKATA - The pan-Indian network to distribute piped gas will be up and running by 2015, with 8,000 km of the grid under development and the government approving nine additional pipelines, a top official of the regulator said here Friday. 'The entire network can be in place earliest by 2015,' L.
Vodafone crosses 7.5 mn subscriber mark in GujaratJanuary 18th, 2009 AHMEDABAD - Vodafone Essar, one of India's leading cellular service providers, has crossed the 7.5 million subscriber mark in Gujarat, a senior official of the company said Monday. Vodafone with a coverage in more than 236 cities and towns and 15,120 villages has seen its subscriber base jumping from 2 million in January 2006 to 7.5 million in January 2009 in the state.