11:11 RBI retains repo rate, US markets surge, SpaceX tanks, Monsoon update and more

The RBI kept the repo rate at 5.25% on Wednesday, August 5, marking the fourth straight pause. Meanwhile, US markets hit record highs, but SpaceX shares fell 7% after results. The LIC offer for sale also opened for retail investors today, following a strong response from non-retail investors on Tuesday.