india cement: India Cement trading above 50-Day MA, weekly trendline support signals further gains - The Economic Times Video
'On the daily chart, India Cement stock price has been moving within an upward rising channel for several sessions, indicating a sustained bullish trend. Traders can buy for a target of Rs 347-378 in the next few weeks,' Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
22 minutes ago
- India.com
Rs 21700 crore weapon: India to get much stronger as this project..., bad news for Pakistan, China due to...
Rs 21700 crore weapon: India to get much stronger as this project..., bad news for Pakistan, China due to... A leading Indian defence company — Bharat Electronics Limited (BEL), known for making Akashteer — is once again making headlines by playing a crucial role in Project Kusha – an initiative to develop a powerful air defence system like the Russian-made S-400. The ambitious project aims to neutralise aerial threats like missiles, suicide drones, and aircraft attacks. Notably, Project Kusha is led by the Defence Research and Development Organisation (DRDO). As a development partner, BEL is working closely with the DRDO and sharing its insights to the design and production of crucial subsystems like – radars and control systems. BEL Chairman and Managing Director Manoj Jain, during the company's March quarter earnings call, confirmed that BEL is jointly developing several components of Project Kusha. 'We are jointly developing many components of Project Kusha,' he said. Project Kusha: Prototype Phase To Begin Soon As per reports, the prototype phase of Project Kusha is likely to begin in the coming months with BEL is working to build the first working model within 12-18 months. Once developed, the system will undergo severe trials and testing which will take 1-3 years. A decision on the system integrator(s) is yet to be made. BEL expressed confidence in their selection, should the authorities opt for two integrators. Project Kusha is designed to fill the gap between India's MR-SAM (Medium-Range Surface-to-Air Missile), and Russian-made S-400. MR-SAM has a range of 80 km, whereas S-400 covers up to 400 km. Project Kusha: Three Types Of Interceptor Missiles India plans to deploy a three-tiered missile defence system by 2028-2029. This system will comprise interceptor missiles with ranges of 150km, 250km, and 350km, intended for use by both the Indian Air Force and Navy. Project Kusha: Standout Feature Kusha's major feature includes its ability to intercept high-speed anti-ship ballistic missiles (ASBMs) which can travel at speeds of Mach 7, as per a report by Project Kusha: High-Speed Naval Defence Project Kusha's key feature is a naval adaptation of the M2 missile, capable of intercepting anti-ship ballistic missiles (ASBMs) travelling at speeds up to Mach 7 (approximately 8,645 km/h). This capability provides crucial protection for naval vessels against high-speed, sea-based missile attacks. Project Kusha: Strengthening India's Air Defence Another key feature of the project includes its ability to work smoothly with existing systems such as IAF's Integrated Air Command and Control System (IACCS) and Russian made S-400 missile system. Project Kusha can achieve an 80 percent single-missile kill rate. It can exceed 90 percent when using multiple missiles simultaneously. Once inducted, the system will enhance India's layered air defences against any aerial threat. Project Kusha: Budget-Backed and Battle-Ready It is worth mentioning that the project was approved by the Cabinet Committee on Security in 2022. The budget of the project was Rs 21,700 crore. The budget was sanctioned to build five squadrons for the IAF. Another major feature of the project is its naval version, which is capable of destroying anti-ship ballistic missiles (ASBMs). With this the Indian Navy will have a powerful tool to protect its frontline warships. This new system will enhance the navy's defences by complementing existing systems like Barak-8 and the Naval Ballistic Missile Defence System, creating a more robust overall defence.
Time of India
37 minutes ago
- Time of India
IGBC plans tie-up with Bengal to promote green buildings
Kolkata: The Indian Green Building Council is open to collaborating with state govt to promote green buildings under Bangla Awas Yojana. The IGBC proposal was supported by state finance minister Chandrima Bhattacharya during Green Building Summit 2025, organised by CII and IGBC in the city on Friday. Tired of too many ads? go ad free now Bhattacharya said a public-private partnership model for green buildings could be explored to enhance net-zero and climate-resilient infrastructure. "The govt is providing incentives like a 10% additional floor area ratio to green buildings in KMC and NKDA areas," she said. Bengal currently has about 900 IGBC-registered green building projects. M Anand, deputy executive director of IGBC, said: "We are planning to work with Bengal govt for development of green homes under Bangla Awas Yojana." Sushil Mohta, chairman of IGBC Kolkata, said: "Every rupee invested in green buildings saves Rs 3 to Rs 7 in operational costs. We request the govt for fast-track approvals of green projects."
Time of India
37 minutes ago
- Time of India
RBI eases gold loan 'value' norms for small borrowers
MUMBAI: RBI on Friday issued revised norms for loans backed by gold and silver, aimed at widening credit access for small borrowers and standardising regulations across banks and NBFCs. The new rules will come into force from April 1, 2026. Under the revised framework, loan-to-value (LTV) ratio for smaller consumption loans has been increased. Borrowers can now avail loans up to Rs 2.5 lakh with an LTV of 85%, up from 75%. For loans above Rs 2.5 lakh and up to Rs 5 lakh, the LTV is capped at 80%, while loans exceeding Rs 5 lakh will continue to have a 75% ceiling. For bullet repayment loans, lenders must now calculate LTV based on the total amount repayable at maturity. The final rules are less restrictive than RBI's draft proposals in April. Earlier this month, the finance ministry suggested that the rules could be eased for small borrowers. To make access easier, lenders can accept a declaration or suitable document from the borrower as proof of ownership of the pledged gold or silver. This removes the earlier requirement for formal ownership records. However, repeated sanctioning of loans to the same borrower above lender-defined limits will be monitored under anti-money laundering provisions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Pistol de sudură laser multifuncțional siginificant Află mai multe Undo The guidelines also ease underwriting norms for loans used for income-generating activities. Detailed credit assessment will be required only for loans above Rs 2.5 lakh. Loans below this threshold used for business, agriculture or purchase of productive assets will not need such scrutiny. For valuation, lenders must use the lower of the average closing price over the previous 30 days or the latest closing price, as published by recognised agencies. Only the intrinsic metal value will be considered; gems and other additions will be excluded. Lending against primary gold or silver - such as bullion or ETFs - is prohibited. Re-pledging of collateral or using it to obtain loans from other institutions is also disallowed. Consumer safeguards have been strengthened. Lenders must follow standardised assaying procedures in the borrower's presence and disclose their valuation method publicly. Auctions will need a minimum reserve price of 90% of the value. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
