Latest news with #TwoSharp
Time of India
20 hours ago
- Business
- Time of India
Two Sharp with ET: Trump's feud with Musk a warning bell for markets, RBI slashes Repo rate to 5.5%
In today's episode of Two Sharp with ET, Nisha Poddar decodes the once bromance, now bitter dynamic between US President Donald Trump and billionaire Elon Musk, sending shivers of market volatility as government subsidies and projects lie on a thin thread of how the leaders address the situation. Musk last week received a warm farewell from the White House, but went all-out against the 'Big Beautiful' tax-spending bill of the Republicans. Trump said pulling EV subsidies make Musk 'go crazy,' and warned of cancelling relief. But Musk took it up a notch, threatening to decommission SpaceX's Dragon. Who will bite first in this battle of the feudal lords?The Reserve Bank of India cut the repo rate to 5.5% in a bold move to boost economic growth. While the 50 bps cut brings relief to borrowers with lower EMIs, it spells trouble for savers as banks slash fixed deposit and savings account interest rates. According to SBI Research, FD rates have dropped by 30–70 bps since February 2025, and savings rates have hit a floor of 2.70%. What does this mean for your money? Watch now for a quick breakdown. Show more Show less
Time of India
2 days ago
- Business
- Time of India
Two Sharp with ET: Trump's 50% metal tariffs to hurt Indian exports?
In today's episode of our daily business brief Two Sharp with ET, Nisha Poddar decodes US President Trump's move to double tariffs on steel and aluminium imports to 50%, targeting global exporters and sparking alarm across India's manufacturing hubs. With $4.5 billion at stake in Indian exports, analysts warn of job losses, demand shocks, and trade diversion. While the UK secured an exemption, India eyes a similar waiver amid ongoing BTA talks. The move revives memories of 2018's trade war, with retaliation on the table. In terms of markets, Indian stock markets closed with solid gains on Thursday, lifted by pharma, realty, and heavyweight Reliance Industries. Global cues such as a weaker U.S. dollar and falling bond yields added momentum. Markets now await RBI's policy decision. This report breaks down the top four triggers, including oil prices and FII trends. Show more Show less
Time of India
2 days ago
- Business
- Time of India
trump tariffs 2025: Two Sharp with ET: Trump's 50% metal tariffs to hurt Indian exports?
In today's episode of our daily business brief Two Sharp with ET, Nisha Poddar decodes US President Trump's move to double tariffs on steel and aluminium imports to 50%, targeting global exporters and sparking alarm across India's manufacturing hubs. With $4.5 billion at stake in Indian exports, analysts warn of job losses, demand shocks, and trade diversion. While the UK secured an exemption, India eyes a similar waiver amid ongoing BTA talks. The move revives memories of 2018's trade war, with retaliation on the table. In terms of markets, Indian stock markets closed with solid gains on Thursday, lifted by pharma, realty, and heavyweight Reliance Industries. Global cues such as a weaker U.S. dollar and falling bond yields added momentum. Markets now await RBI's policy decision. This report breaks down the top four triggers, including oil prices and FII trends.
Time of India
3 days ago
- Business
- Time of India
Starlink's India entry nearer, Nvidia pips Microsoft in market cap again - The Economic Times Video
In today's episode of Two Sharp with ET, Nisha Poddar decodes Elon Musk's Starlink finally making an entry in India and Nvidia once again claiming the title of the world's most valuable publicly traded company, surpassing Microsoft with a market cap of $3.45 trillion. Elon Musk's Starlink is nearing final approval to operate in India after securing a Letter of Intent from the Department of Telecommunications. OneWeb and Reliance Jio are already testing satellite internet services, and now Amazon's Project Kuiper is gearing up for entry. Nvidia's stock surged 3% on June 3, driven by explosive demand for its AI chips,and nearly 24% over the past month. The company recently posted a 69% year-over-year revenue increase in Q1, fueled by strong sales to tech giants like OpenAI, Meta, and xAI. For more details, tune in to today's episode.
Time of India
3 days ago
- Business
- Time of India
Starlink's India entry nearer, Nvidia pips Microsoft in market cap again
In today's episode of Two Sharp with ET, Nisha Poddar decodes Elon Musk's Starlink finally making an entry in India and Nvidia once again claiming the title of the world's most valuable publicly traded company, surpassing Microsoft with a market cap of $3.45 trillion. Elon Musk's Starlink is nearing final approval to operate in India after securing a Letter of Intent from the Department of Telecommunications. OneWeb and Reliance Jio are already testing satellite internet services, and now Amazon's Project Kuiper is gearing up for entry. Nvidia's stock surged 3% on June 3, driven by explosive demand for its AI chips,and nearly 24% over the past month. The company recently posted a 69% year-over-year revenue increase in Q1, fueled by strong sales to tech giants like OpenAI, Meta, and xAI. For more details, tune in to today's episode. Show more Show less
