President Trump has been cranking up the pressure on India, a country the US has courted as a strategic counterweight against China. Last week, Trump announced a 25% tariff on the country, a higher rate than many other major economies in Asia. But he didn’t stop there. This week, he’s threatened to raise the levy even higher. His message to India is clear: Stop buying Russian oil. 

On today’s Big Take Asia Podcast, Bloomberg’s Sudhi Ranjan Sen joins K. Oanh Ha to unpack the historical and economic ties that have kept Russia and India close and discuss why that relationship is now being tested on the world stage. 

Read more: Trump Vows to Ramp Up India Tariffs in Escalation of Russia Spat

Further listening: Is Trump’s Trade War Strategy Working?

President Trump has been cranking up the pressure on India, a country the US has courted as a strategic counterweight against China. Last week, Trump announced a 25% tariff on the country, a higher rate than many other major economies in Asia. But he didn&rsquo;t stop there. This week, he&rsquo;s threatened to raise the levy even higher. His message to India is clear: Stop buying Russian oil.&nbsp;
On today&rsquo;s Big Take Asia Podcast, Bloomberg&rsquo;s Sudhi Ranjan Sen joins K. Oanh Ha to unpack the historical and economic ties that have kept Russia and India close and discuss why that relationship is now being tested on the world stage.&nbsp;
Read more: <a href="https://www.bloomberg.com/news/articles/2025-08-04/trump-says-us-to-hike-india-s-tariffs-over-russian-oil-purchases">Trump Vows to Ramp Up India Tariffs in Escalation of Russia Spat</a>
Further listening:&nbsp;<a href="https://podcasts.apple.com/us/podcast/is-trumps-trade-war-strategy-working/id1578096201?i=1000720263435">Is Trump&rsquo;s Trade War Strategy Working?</a>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.

We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.

Big Take Asia

India Won’t Stop Buying Russian Oil. Now It’s Paying the Price.

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3cb9c900-2dd1-4f83-a722-b3300167437f/transcript

Salman Rushdie was nearly killed when he was stabbed 15 times on stage in upstate New York in 2022. His injuries were so severe that he lost an eye. It was an attack that came decades after he was first subjected to death threats over his novel, The Satanic Verses.

Once he had recovered, he found he was unable to write fiction. However, after publishing an account of what happened to him, the stories returned, with five brought together in his latest book, The Eleventh Hour.

In this conversation with Mishal Husain, Rushdie talks about free speech, the family connection they both share and the places he’s called home, from India to Britain and the US. 

02:30 - “Don’t waste your time”
04:40 - Writing as a form of optimism
05:00 - Starting out as a writer 
08:00 - Meeting E.M. Forster as a teenager
10:00 - “You write the story to find out what story you’re writing”
11:15 - Writing Midnight’s Children 
12:46 - The family connection between Salman Rushdie and Mishal Husain
14:35 - The women in the family
16:00 - Getting together as a family
17:55 - Returning to India to write about childhood
20:30 - Reclaiming India 
22:55 - India today and Prime Minister Modi
24:24 - “If you’re paying attention you see things coming”
24:50 - The family reacts to Midnight’s Children
26:44 - A farewell to India? 
28:45 - Before and after the fatwa
31:30 - Defending free speech 
32:25 - Banning books in the US
34:30 - Zohran Mamdani’s campaign
38:50 - The next novel 
40:25 - “I’m a bit clumsier”

Watch this podcast here: https://www.youtube.com/playlist?list=PLe4PRejZgr0Ns_wjGlmjlPz0cded0nTYS

You can find the written version of this interview with Mishal’s notes on Bloomberg Weekend: https://www.bloomberg.com/latest/weekend-interview

Contact The Mishal Husain Show mishalshow@bloomberg.net

Subscribe today on Apple Podcasts and Spotify.

Salman Rushdie was nearly killed when he was stabbed 15 times on stage in upstate New York in 2022. His injuries were so severe that he lost an eye. It was an attack that came decades after he was first subjected to death threats over his novel, The Satanic Verses. Once he had recovered, he found he was unable to write fiction. However, after publishing an account of what happened to him, the stories returned, with five brought together in his latest book, The Eleventh Hour. In this conversation with Mishal Husain, Rushdie talks about free speech, the family connection they both share and the places he&rsquo;s called home, from India to Britain and the US. 02:30 - &ldquo;Don&rsquo;t waste your time&rdquo; 04:40 - Writing as a form of optimism 05:00 - Starting out as a writer 08:00 - Meeting E.M. Forster as a teenager 10:00 - &ldquo;You write the story to find out what story you&rsquo;re writing&rdquo; 11:15 - Writing Midnight&rsquo;s Children 12:46 - The family connection between Salman Rushdie and Mishal Husain 14:35 - The women in the family 16:00 - Getting together as a family 17:55 - Returning to India to write about childhood 20:30 - Reclaiming India 22:55 - India today and Prime Minister Modi 24:24 - &ldquo;If you&rsquo;re paying attention you see things coming&rdquo; 24:50 - The family reacts to Midnight&rsquo;s Children 26:44 - A farewell to India? 28:45 - Before and after the fatwa 31:30 - Defending free speech 32:25 - Banning books in the US 34:30 - Zohran Mamdani&rsquo;s campaign 38:50 - The next novel 40:25 - &ldquo;I&rsquo;m a bit clumsier&rdquo; Watch this podcast here: https://www.youtube.com/playlist?list=PLe4PRejZgr0Ns_wjGlmjlPz0cded0nTYS
You can find the written version of this interview with Mishal&rsquo;s notes on Bloomberg Weekend: https://www.bloomberg.com/latest/weekend-interview
Contact The Mishal Husain Show mishalshow@bloomberg.net
Subscribe today on Apple Podcasts and Spotify.

Weekend Listen: Salman Rushdie Isn’t Afraid of Free Speech 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8ff416ed-6296-480f-85c9-b3aa00a3b767/transcript

News broke overnight that Netflix is acquiring Warner Bros. Discovery in a cash-and-stock deal valued at $82.7 billion. 

It’s a deal raising eyebrows in the entertainment industry, from Netflix competitors including Paramount — and reportedly even the White House. 

On today’s Big Take, host David Gura sits down with Screentime writer and entertainment reporter Lucas Shaw to discuss the ins and outs of the deal, what we know about how it would impact viewers at home, and the regulatory challenges moving forward.

News broke overnight that Netflix is acquiring Warner Bros. Discovery in a cash-and-stock deal valued at $82.7 billion.&nbsp;
It&rsquo;s a deal raising eyebrows in the entertainment industry, from Netflix competitors including Paramount &mdash; and reportedly even the White House.&nbsp;
On today&rsquo;s Big Take, host David Gura sits down with Screentime writer and entertainment reporter Lucas Shaw to discuss the ins and outs of the deal, what we know about how it would impact viewers at home, and the regulatory challenges moving forward.

Netflix’s $82 Billion Power Play for Warner Bros.

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d5a35cf3-90c7-4e9b-a862-b3aa0168abb7/transcript

Excel. Ifyou work in corporate America, that word either inspires laser-focused productivity or pure dread. Over the last 40 years, the spreadsheet software has become synonymous with the best — and worst — of late-stage capitalism. It’s seeped into popular culture and, along the way, made Microsoft one of the world’s most valuable companies.

But in a world of AI and new competition where Excel=Sum(39+1), can it stay on top?On today’s Big Take podcast, Bloomberg’s Dina Bass and Businessweek’s Max Chafkin join host Sarah Holder to track the rise and challenges ahead for one of the most ubiquitous programs around.

Excel. If you work in corporate America, that word either inspires laser-focused productivity or pure dread. Over the last 40 years, the spreadsheet software has become synonymous with the best &mdash; and worst &mdash; of late-stage capitalism. It&rsquo;s seeped into popular culture and, along the way, made Microsoft one of the world&rsquo;s most valuable companies. But in a world of AI and new competition where Excel=Sum(39+1), can it stay on top? On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Dina Bass and Businessweek&rsquo;s Max Chafkin join host Sarah Holder to track the rise and challenges ahead for one of the most ubiquitous programs around.

Why We Can’t Quit Microsoft Excel

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/82c39cb8-19a0-48d7-89a0-b3a9015e2442/transcript

India Won’t Stop Buying Russian Oil. Now It’s Paying the Price.

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