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President Donald Trump’s promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught without: toilet paper.

Sandeep Kumar Gupta, CMD, GAIL (India), says the Rs 20 increase in tariff which they have filed will translate to Rs 3,400 crore per annum and they are very hopeful that at least two elements out of this, – Rs 1,200 crore for true up-of-the-system use gas cost and about Rs 800 crore due to the APM price deallocation and the capacity determination totalling Rs 2,000 crore – is certain. We expect that this development should be there in the next month itself. How do you see the proposed tariff changes by PNGRB and how does GAIL benefit from this? Sandeep Kumar Gupta: The public consultation document which has been floated by PNGRB proposing certain changes in the regulation covers two-three main changes. First, there will be only two zones instead of the three zonal tariffs presently available and the silver lining is that for all CGDs, for their domestic PNG and CNG volumes, only zone one tariff will be applicable. This will be a big positive for GAIL which is present in 72 geographical areas out of the total 307 geographical areas.

«At some point, people stop asking „When can I retire?“ And start wondering „Can I ever retire?“ So, is early retirement in India realistic or just a dream?» said Joshi in a post on LinkedIn.

Manab Majumdar, an ISB graduate and consultant, recently shared his perspective on the realities of pursuing an MBA. In a LinkedIn post highlighted the high cost of the degree, the unrealistic expectations associated with post-MBA career growth, and the importance of focusing on academics over distractions during the program. According to Majumdar, an MBA is one of the most expensive courses despite the availability of similar knowledge at a fraction of the cost through other learning methods. Many students enter business school with the misconception that an MBA will immediately catapult them into top executive roles, but the reality is far from the Bollywood-inspired fantasy of instant corporate success, he said. He also emphasized that the experiences during an MBA program are valuable but should not overshadow the primary goal of academic and professional advancement. «MBA is the costliest course for teaching nothing. Yes, you can learn every subject taught in an MBA at 1/100 cost,» he said in the post.

Subscribe to enjoy similar stories. When Norman Borlaug moved to Mexico in 1944, 60% of the wheat consumed in the country was imported. The government wanted to produce enough of the staple domestically to meet demand, so with money from the Rockefeller Foundation it had started the Cooperative Wheat Research and Production Programme, and asked Borlaug to lead it.

Subscribe to enjoy similar stories. SHENZHEN, China—One of the most popular events at a Chinese exporters’ exhibition last week was a session teaching merchants how to sell more in Russia. Hundreds of attendees listened intently as employees of Russian e-commerce companies explained what Russian consumers like to buy online.

ONGC NTPC Green Pvt Ltd (ONGPL) has completed acquisition of 100 per cent equity stake in Ayana Renewable Power for Rs 6,248.50 crore. ONGPL is a 50:50 joint venture of NTPC Green Energy Ltd (NGEL) and ONGC Green Ltd. The acquisition was completed on March 27 for a cash consideration of Rs 6,248.50 crore at Rs 23.22 per share, NGEL said in an exchange filing. The Competition Commission of India had given its approval for the acquisition on March 11, 2025.

In terms of data centre construction cost, India recorded one of the highest increases in the Asia Pacific (APAC) region, rising by 5% in 2024 due to increasing land prices, power infrastructure demand, and high-spec, AI-ready facilities, said the real estate services firm. Despite this, the country remains a competitive investment destination compared with mature markets like Japan and Australia, it said.

Subscribe to enjoy similar stories. Hero MotoCorp Ltd, the world’s largest two-wheeler manufacturer, is navigating rough terrain. A shrinking market share, a string of high-profile management exits, and struggles in the premium and electric vehicle (EV) segments have put India’s motorcycle giant on the defensive.

India is on the brink of a demographic shift redefining its healthcare landscape. With an estimated 140 million elderly citizens today—projected to rise to 350 million by 2050—the need for comprehensive senior healthcare has never been more pressing.

equity and other investments to set off against capital gains made in the past and, thereby, reducing the tax liability. This strategy is popularly known as «tax-loss harvesting.»

Dr. Rahul Baxi is a Mumbai-based diabetologist, and his patients are rushing to him to ask about the new drug that claims to help with weight loss. In a recent tweet, he shared that many come in with the same question: can they start taking the much-hyped medication to shed extra kilos? India’s fascination with the new Rs 16,000-a-month weight-loss injection is in full swing, with people hoping for a quick fix. However, Dr. Baxi emphasizes that the injection isn’t a magic solution for everyone. Without essential lifestyle changes like a balanced diet, regular walking or exercise, and strength training, the results may not be as effective. He stresses that the medication should only be used under a doctor’s supervision and prescribed to the right patients for the best outcomes. Netizens have shared mixed reactions to the buzz around the new weight-loss injection. Some highlighted the effectiveness of traditional methods, with one person mentioning how regular yoga, evening walks, and home-cooked meals helped lower their HbA1c from 6.2 to 5.8, despite the challenges of maintaining a strict diet in a food-loving city like Indore.

Subscribe to enjoy similar stories. Marico Ltd has held up better than its FMCG peers amid muted urban demand. While the Nifty FMCG index has dropped 19% over the past six months, Marico’s stock has declined by just 6%, reflecting its relative resilience.

ultra-high-speed rail (UHSR), or hyperloop. The concept was first published by Elon Musk in a 2013 white paper, 'Hyperloop Alpha'. Hyperloop envisions pods carrying passengers or cargo in near-vacuum tubes at speeds approaching that of aircraft. Reduced friction and magnetic levitation enable significantly abbreviated travel times, reducing energy consumption and emissions compared to traditional modes. India commissioned a 422-m hyperloop test track — the world's longest — in December 2024, developed by Avishkar Hyperloop at IIT Madras, in collaboration with the Indian Railways and L&T Construction. Last month, TuTr Hyperloop, another IIT Madras-incubated deep-tech startup, working with Swisspod Technologies, conducted India's first commercial hyperloop pod test run.

ATM interchange fees, which RBI announced earlier this week, is that growth in the segment is slowing down precipitously. Interchange fees are what banks pay each other for the use of ATMs. The change takes place from May 1.

British Steel has decided to shut both blast furnaces and steelmaking operations in Scunthorpe, which poses a risk to eliminate up to 2,700 positions within the workforce. The Chinese ownership group Jingye has determined that the furnace closures are essential because they face financial challenges and increasing environmental expenses. British Steel received strong opposition from worker unions, who believe this action will trigger devastating effects on the steel industry together with damaging jobs.

Reserve Bank of India’s first rate cut in five years into deposit and lending rates were mixed in February. While banks lowered rates on new deposits, they did not offer lower rates to new loan borrowers immediately. Data released Thursday by the RBI showed that the weighted average domestic term deposit rate on fresh deposits of banks fell to 6.48% in February from 6.56% a month ago. On the outstanding deposits, the rate remained unchanged at 7.02%. At the same time, the weighted average lending rate (WALR) on fresh rupee loans of banks increased to 9.40% in February from 9.32% in the previous month. This was because MCLR had gone up by 5 basis points in February. In the subsequent month, one-year median MCLR fell by 5 bps to 9.00% in March, the RBI data showed.

Shares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump's plan to slap a 25% tariff on imported vehicles raised prospects of consumers opting for car rentals instead of buying expensive new cars. The new levies could add thousands of dollars to the cost of an average vehicle in the United States. The American Automotive Policy Council said it is «critical» that the tariffs are implemented in a way that avoids price hikes for consumers.

Subscribe to enjoy similar stories. Bengaluru-based life sciences commercialisation firm Indegene sees significant headroom for growth in the US, its largest market, despite uncertainties around the new Trump regime’s stance on regulatory and pricing issues. Top global pharma companies are doubling down on the use of technology and AI to make processes more agile, which plays to Indegene’s strengths, CEO and co-founder Manish Gupta told Mint in an interview.

Hitachi Cash Management Services, a subsidiary of Hitachi Payment Services has announced a leadership transition with Yusuf Pachmariwala set to take over as Managing Director & Chief Executive Officer, effective April 1, 2025. Pachmariwala will succeed Anup Neogi, who has decided to retire from the role of Managing Director & Chief Executive Officer of Hitachi Cash Management Services. Yusuf Pachmariwala currently holds the position of Director Operations — Cash Business at Hitachi Payment Services and has played a crucial role in scaling cash business operations at Hitachi Payment Services.