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Friday, July 11, 2014

On Tuesday, Indian Railway Minister D. V. Sadananda Gowda presented his first budget for Indian Railways.

The budget emphasized increased amenities for travelers, better safety, and timely completion of projects. There were no fare hikes announced as both passenger and freight fares had been increased last month. But, it was announced that fares will be revised twice a year to absorb fuel costs. Gowda criticized previous governments for announcing new projects and failing to complete them. He said projects will now be prioritized, such as decongesting major routes instead of announcing new ones. Gowda announced no major new projects, but announced 54 new trains. He also criticized the last government for driving the railways into a loss.

Gowda announced a bullet train between Mumbai and Ahmedabad; new semi-high speed trains in nine sectors connecting metros; and new measures towards improving cleanliness, food, and e-ticketing were announced. He said CCTVs will be installed in major stations to monitor cleanliness, and major stations will have food courts serving local cuisines and precooked food from reputable catering brands will be served on-board. The railways have faced complaints of substandard food in the past.

He announced the introduction of a new rail-flaw detection system to better investigate the causes of accidents. The budget allocated a significant sum to the construction of bridges at unmanned crossings, a major cause of rail-track deaths. He announced a new project to introduce automatic closing doors on mainline and suburban trains, and said wi-fi will be provided in larger stations and select trains. Workstations will be available for on-board use for a fee by Business travelers. The e-ticketing system will be extended from booking tickets to booking coaches and entire trains, and also retiring rooms in stations. Electric mobility carts will be provided to elderly and handicapped passengers at all major stations. Also, Railway Protection Force will recruit four thousand female constables and escorted carriages will be provided for women. A significant amount was announced for improving rail connectivity in north-east India.

Gowda emphasized use of public-private partnerships (PPPs) to fund future projects. He also said he will ask the Cabinet to approve foreign direct investment (FDI) in Indian Railways. Some stations are to be improved using PPPs. Manish R. Sharma, executive director of capital projects and infrastructure at PricewaterhouseCoopers, pointed out the budget didn’t contain any information on how the government intends to attract private investors. Deven Choksey, managing director at K. R. Choksey securities, said the government now seemed to be more inclined towards PPPs than before. India’s stock index SENSEX dropped and closed 2% below opening. Investors were observed selling shares in energy, infrastructure, and real estate sectors.

Sunday, April 19, 2009

Six-year-old Thomas David Horne from the United Kingdom has died and eleven other British tourists were injured Friday when their plane crashed in Canaima National Park in Venezuela. They were on a sight seeing tour of the world’s tallest waterfalls, the Angel Falls.

The single engine, nine-seater Cessna 208 Caravan, lifted off shortly before the end of the runway, lost power, and then surged briefly before plummeting into the Venezuelan jungle in front of the 3,200 ft falls.

“It started to take off and we sensed it was losing power. Then it seemed to get it back and lifted off just 200 metres before the end of the runway. Then it dived into the trees,” reported Makeli Freire, a park tour guide.

Three of the injured sustained serious injuries, while the others suffered mainly broken bones. Thomas Horne, who sustained serious head injuries, died on the way to a local hospital. The pilot, co-pilot and tour guide were among the injured. Everyone on board was flown to Ciudad Bolívar, the capital city of Venezuela’s Bolívar state, where they were treated for their injuries. Among the injured were Thomas’s mother and father Jane and David who were among those who had broken bones. They were British tourists finishing up a two week holiday to Venezuela.

“The young boy died as he was being flown to hospital. His parents are both physically OK but are completely distraught over the loss of their son,” said Maiker Puga, of the Ciudad Bolivar clinic.

Liz and her husband Keith Grainger and S. Phillips, also British tourists, were also injured in the crash. The names of the three other British tourists and the three person crew who were injured have not been released at this time.

The plane tour was offered by First Choice, a division of TUI Travel PLC who extended their “heartfelt sympathy to family and friends during this deeply sad time.” LTA airline has suspended further flights until the investigation is concluded.

June Holman, Thomas’s aunt who was not on holidays said, that “there is nothing worse than losing a loved one, especially not a young child with their whole life ahead of them. The thoughts of us all are with his parents Jane and Dave at this very sad time.”

Wednesday, November 22, 2006

The 1999 and 2000 year model Honda Civic SiR tops the list of Canada’s most stolen cars.

Consumer popularity also assures the cars will be popular with thieves. Its the second year in a row the Honda SiR has topped the list.

Rick Dubin Vice President of Investigations for the Insurance Bureau of Canada said “The Civics are easy targets.”

Dubin said that once stolen, the cars are most often sold to “chop shops” where thieves completely dismantle the vehicles. The automobile’s individual parts are worth more than the entire car.

The sheer numbers of the cars and their lack of theft deterrent systems make them thieves’ preferred choices.

1999 and 2000 Honda Civics do not come with an electronic immobilizer, however all Hondas from 2001 and onward are equipped with an immobilizer. Immobilizers will be mandatory on all new cars sold beginning September 2007. The devices enable an engine computer to recognize an electronic code in the key. If the code in the key and the engine don’t match exactly, the vehicle can’t be started.

In third place was the 2004 Subaru Impreza, while the 1999 Acura Integra came in fourth, with the 1994 Honda Civic rounding out the top five.

In sixth place, the 1998 Acura Integra, and the 1993 Dodge Shadow completed seventh.

When asked why early model vehicles are selected, he said that, “auto thieves continue to find it easier to steal older vehicles lacking an IBC-approved immobilizer. We’ve seen this trend developing for several years, and these results confirm it.”

Another Honda automobile, the 1996 year model Civic filled eighth place, with the 2000 German Audi TT Quattro in ninth.

The American 1996 Chevrolet/GMC Blazer rounded out the top ten.

None of the above cars had an electronic immobilizer.

Wednesday, May 30, 2007

In trading Wednesday, the Chinese stock markets plunged after the government tripled a tax on securities transactions. The so-called stamp tax was raised from 0.1% to 0.3% in an effort to cool the rapidly rising market.

The Shanghai Composite Index of A-shares fell 6.5%. The CSI 300 fell 6.8%, with over half of the listed companies falling the single day limit of 10%.

The market has already doubled in value this year, after rising 130% in 2006. It is estimated that some 300,000 new brokerage accounts are opened on an average day. Novice investors are reportedly sinking their life savings into the market.

Meanwhile, the World Bank raised its forecast for GDP growth for China in 2007, from 9.6% to 10.4%.

“The stamp tax is the latest gesture by the Chinese government to warn investors,” Phil Chen of Grand Cathay Securities Investment Trust Co. told Bloomberg. “The trouble is, Chinese investors probably won’t care if a few breadcrumbs are dropped in the transaction as they have such extraordinary returns on their investments.”

Monday, June 6, 2005

Apple Computer CEO and co-founder Steve Jobs gave his annual opening keynote to the World Wide Developers Conference (WWDC) at Moscone Center in San Francisco, California on Monday. He announced a seamless integration of podcasting with iTunes, and, to the amazement of many, that future Apple Macintosh computers will feature Intel processors.

Jobs welcomed everyone to the event and announced that there were 3,800 attendees. There are 500 Apple engineers at what is their largest developers conference in the past decade. There are over 500,000 developers of Apple programs (apps). Jobs said that Apple has 109 retail stores, with one million visitors per week, creating over $500 million yearly in revenue. The Mac market share is up 82% from 9 months ago.

Jobs then moved on to talk about a very anticipated announcement- Podcasting. Steve called podcasting “Wayne’s World for radio”. He called it the “hottest thing going in radio”, and, “exciting”. There are over 8,000 podcasts. Steve Jobs announced that automatic podcasting subscription would be built in to iTunes and iPod seamlessly. He also announced that QuickTime 7 would be soon available for Windows.

Moving on, Jobs announced that there have been 2 million copies of Tiger sold in the 6 weeks that it has been available. He demoed the Wikipedia Dashboard widget. Steve announced that Mac OS X Leopard would be released in 2007, the same time as Microsoft’s Longhorn.

In a surprising move, Steve Jobs announced that Macintosh computers would begin to be shipped with Intel processors, the same as in Windows machines, ending the eleven year partnership with IBM and Motorola. This is said to be out of Apple’s increasing frustration at IBM’s inability to deliver faster and cooler processors, though it is interesting to note that Intel has recently added Digital Rights/Restrictions Management (DRM) to its latest processors. This ‘switch’, he said, would happen beginning next year. Jobs said that Mac OS X has had “a secret double life” and OS X had “been compiled [for Intel processors] for five years.” He talked about the easiness for developers to port their Mac apps to Intel (x86) processors. Current PowerPC programs can be run on Intel processors due to a new Apple technology. He said that Apple is “getting ready” for the transition from PowerPC to Intel.

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Saturday, November 4, 2006

An advertisement for Dove beauty products has been viewed by well over three million people, without ever being on television. A copywriter from Ogilvy Toronto, the advertising agency that created a spot named “evolution”, uploaded the advertisement to video sharing website YouTube.

While the official upload of the ad itself has been viewed 1,119,262 times, there are dozens of copies of the ad on YouTube, adding to a minimum of 3,059,546 views. The official copy of the video is the website’s 12th most viewed this month, 53rd of all time.

Unofficial uploads have each received high levels of viewership, with 449595, 445322, 207906, 201670, 195265, 116501, and 102634 plays.

The agency did not originally intend to upload the video to YouTube, only display it on the company’s homepage. Staff member Tim Piper uploaded it to his account on October 6, about a week before it first got media coverage on Good Morning America.

The ad begins with a woman walking into a photo shoot. From there, she is primped and plucked by hair and makeup artists, then tweaked on a Photoshop-like program. The photo-manipulation is then posted on a billboard for the fictional “Easel Foundation Makeup” brand. Two young, teenage girls walk past, glancing at the board. “No wonder our perception of beauty is distorted” ends the ad in text, “Every girl deserves to feel beautiful just the way she is.”

The creative team for the ad included Tim Piper, Mike Kirkland, Janet Kestin, Nancy Vonk, directors T Piper (treatment and post production) and Yael Staav (live action) from Reginald Pike, Soho post production, Rogue editing, Vapor music, Gabor Jurina and Make-up: Diana Carreiro, and Reginald Pike.

The official French copy of the ad has only received 132 views, although it was only uploaded on November 2, 2006.