Disney and Reliance Industries have signed a binding pact to merge their media operations in India, according to media reports; The latest Household Consumption Expenditure Survey shows that India’s poorest households have seen their per-capita spending grow faster than better-off households in the last decade, although on a lower base; Byju Raveendran in a letter to employees on Saturday denied media reports of his ouster as CEO; Ukrainian President Volodymyr Zelenskiy said his country has lost 31,000 soldiers since Russia’s full-scale invasion started two years ago...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.