Why RIL is betting on pod transport system in India

• With road traffic worsening by the day, impacting quality of life and economic development across the world, SkyTran’s pods aim to help people move around seamlessly

India February manufacturing PMI falls marginally to 57.5 from 57.7 in January

• February's data pointed to the strongest increase in input inventories in the survey history as firms reacted to rising production needs by boosting purchasing activity. The expansion in input buying was the fastest in almost a decade

Jio's new offer won't impact Bharti Airtel, Vodafone Idea much, say analysts

• The three-year lock-in period for Jio's existing users of JioPhone is coming to an end. So, analysts believe that the new offer is aimed at retaining Jio's 2G subscribers base. They, however, don't see this weighing heavily on rivals Bharti Airtel Ltd and Vodafone Idea Ltd

'Laga bhi diya...': What PM Modi told AIIMS nurse after receiving Covid vaccine

• Narendra Modi was administered Bharat BioTech's Covaxin by AIIMS nurse Sister P Niveda from Puducherry. The second nurse Rosamma Anil was from Kerala

Assam shakes up the micro loans universe

• An attempt to rein in MFIs in the state on the eve of elections could finally force RBI to change the rules
• Experts have pointed out that people in northeastern states are more consumerist, happy to take loans when it is easily available to spend on conspicuous consumption.

What are discretionary expenses?

• In case of a job loss or a pay cut when there is a tough time going on and you have to meet out your routine expenses by cutting back on certain expenditures, you have to then first identify the discretionary expense.