Power sector's dependence on coal to continueSeptember 10th, 2009 NEW DELHI - The power sector will continue to be largely dependant on coal-based thermal power plants to meet its energy needs for the next 15-20 years, Power Secretary H.S. Brahma said Thursday.
Power ministry wants more gasSeptember 5th, 2009 NEW DELHI - India's Power Secretary H.S. Brahma Saturday sought an increase in allocation of gas from the Krishna Godavari basin to the power sector.
No rollback of tax cuts announced in stimulus packagesJuly 15th, 2009 NEW DELHI - The government Wednesday ruled out rollback of tax cuts offered to various sectors as part of the fiscal stimuli announced earlier and said it intends to bridge the fiscal deficit largely through internal resource mobilisation. "The economy is slowly reviving.
Time not right to raise taxes, says finance secretaryJuly 6th, 2009 NEW DELHI - Tax rates were not raised in the 2009-10 budget proposals as economic conditions remained difficult while tax relief for individuals would help boost consumption, Finance Secretary Ashok Chawla said here Monday. The finance minister has left unchanged the excise and customs duty cuts that were announced following the global economic meltdown because "the time is not yet right to raise any tax rate.
Ashok Chawla appointed on State Bank boardMay 14th, 2009 MUMBAI - The country's largest lender, the State Bank of India, Thursday said it had appointed Finance Secretary Ashok Chawla as a director on its board. The appointment became effective May 13.
Ashok Chawla new finance secretary, Brahma power secretaryMay 12th, 2009 NEW DELHI - The government Tuesday appointed Economic Affairs Secretary Ashok Chawla as the new finance secretary and H.S. Brahma as power secretary.
Ashok Chawla new finance secretary, Brahma power secretaryMay 12th, 2009 NEW DELHI - The government Tuesday appointed Economic Affairs Secretary Ashok Chawla as the new finance secretary and H.S. Brahma as power secretary.
H S Brahma new Secretary of Ministry of PowerMay 12th, 2009 NEW DELHI - H. S. Brahma on Tuesday assumed charge as Secretary, Ministry of Power, Government of India.
Navin Chawla to take over as CEC todayApril 21st, 2009 NEW DELHI - Election Commissioner Navin Chawla will take over as the Chief Election Commissioner today as N. Gopalaswami demits office.
Navin Chawla takes over as CECApril 21st, 2009 NEW DELHI - Election Commissioner Navin Chawla took over as the Chief Election Commissioner today, succeeding N. Gopalaswami who retired on Monday after serving in the Commission for five years.
V.S. Sampath will be new election commissionerApril 15th, 2009 NEW DELHI - Power Secretary V.S. Sampath will be the new election commissioner, official sources said here Wednesday.
Naveen Chawla to review MP poll preparedness todayApril 13th, 2009 BHOPAL - Election Commissioner Navin Chawla will arrive here this afternoon to review poll preparedness in Madhya Pradesh for the coming Lok Sabha polls. During his two-day visit, Chawla will hold meeting with representatives of political parties.
Government will borrow Rs.460 bn by late MarchFebruary 9th, 2009 NEW DELHI - With the economic crisis taking a toll on the Indian economy, the government plans to borrow Rs.460 billion (about $9.45 billion) by late March from the market, a senior finance ministry official said Tuesday. 'We already had discussions with the Reserve Bank of India (RBI).
Rich countries should rein in spreading economic crisis: Ashok ChawlaJanuary 30th, 2009 LONDON - India's Finance Secretary Ashok Chawla said Saturday developed countries need to 'do more' to help stem the spreading global economic slide. 'The downturn has now begun to spread from the financial to the real sector,' Chawla warned ahead of a key meeting Sunday of the deputies of treasuries and central banks from the Group of 20 (G20) countries.
India to grow at 7-7.5 percent: Ashok ChawlaJanuary 16th, 2009 NEW DELHI - The Indian economy is now projected to grow between 7 and 7.5 percent in the current fiscal, a top official said here Saturday. 'With the presence of strong domestic demand stimulus, India is expected to maintain a strong pace of economic growth despite continuation of global recession,' Ashok Chawla, secretary of the department of economic affairs, said in his inaugural address at the third India China Financial Dialogue.