Digital push: BSNL, NRL sign pact; will launch India’s first 5G CNPN in refinery sector

Bharat Sanchar Nigam Limited (BSNL) and Numaligarh Refinery Limited (NRL) have signed a landmark Memorandum of Understanding (MoU) to deploy India’s first 5G Captive Non-Public Network (CNPN) in the refinery sector, marking a major step towards industrial digital transformation.The MoU was inked during the “Industry 4.0 Workshop for CPSEs” held under the aegis of the…

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Monetary policy: RBI likely to hold repo rate at 5.5% amid growth concerns, subdued inflation – Experts

The Reserve Bank of India is expected to maintain the repo rate at 5.5 per cent in its upcoming monetary policy review on August 6, following three consecutive rate cuts totalling 100 basis points. The central bank’s Monetary Policy Committee (MPC), headed by Governor Sanjay Malhotra, will begin its three-day deliberations on Monday.While inflation remains…

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Diamond trade feels tariff pinch: Indian exports might face 20–25% slump; margin hit may spread to miners, retailers, says Crisil analysis

The US market, which accounts for 35 per cent of Indian natural polished diamond exports in fiscal 2025, is expected to face additional challenges following recent US tariffs and penalties, according to Crisil Ratings.A slowdown in natural diamond demand has already been observed in the US market, officials noted.“Added to this, reduced offtake by retailers…

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