Business

PUNE: When Chiang-Kai-Shek’s China was steadily sinking into a civil war, and Germany’s Weimar Republic was devaluing the Mark — which
eventually fuelled the rise of Nazism — India quietly launched its first branded engineering product.

That was in the 1920s. And on Wednesday, the Kirloskarvadi industrial township from where that first branded iron plough came from, will turn 100.

Ranchi, March 7 (IANS) The Jharkhand government has assured Damodar Valley Corporation (DVC) to provide water for the second stage of its 2×660 MW super-critical power plants, to prevent its shift from the state’s Koderma to Raghunathpur in West Bengal.
“We have written a letter to DVC assuring to provide enough water for the second phase of its power plants. The state government will provide 40 cusecs water from Tilaiya Dam of Koderma district to fulfill the water requirements,” Water Resources Minister Chandra Prakash Chaudhary told reporters Sunday.

Jamshedpur: Jharkhand finance minister Raghubar Dassaid the allocations made in the budget will spur a 10% growth in the state’s gross domestic product (GDP). He was presenting the state budget for 2010-11 in the assembly in Ranchi on Friday.