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News and analysis from the world of business and finance.

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Smriti Mandhana has been appointed captain of the Indian women's cricket team, with the BCCI confirming the change on Tuesday after Harmanpreet Kaur stepped down across all formats. 🏏

https://www.livemint.com/sports/cricket-news/smriti-mandhana-appointed-india-womens-captain-after-harmanpreet-kaur-steps-down-11791301770768.html
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Festive season is around the corner, and for almost everyone, it means increased spending. From the stock market to the retail market everyone expects the consumer to shell out more money. But what is the state of the consumer right now? More so, will Diwali 2026 see increased spending this year?

Watch!
https://www.youtube.com/watch?v=Fk7pMI967W4
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Read today's Mint e-paper here: https://epaper.livemint.com

➡️ RPSG may sell 15-20% of Lucknow IPL team
➡️ Sebi’s investor fund swells, not spending
➡️Auto firms dial up own green power
➡️GST Council may widen data sharing across government
➡️India’s services sector growth hits three-month high
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#BREAKING | RBI MPC meeting LIVE: Repo rate raised by 25 BPS to 5.50%

RBI Governor Sanjay Malhotra announced this in this regard after the three-day Monetary Policy Committee (MPC) concluded on Wednesday. The RBI has raised the repo rate after nearly a three-year gap.

Read more:
https://www.livemint.com/market/stock-market-news/rbi-mpc-meeting-live-repo-rate-crr-slr-reverse-rr-in-focus-as-governor-sanjay-malhotra-to-declare-outcome-today-11791306808901.html
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WATCH | "Today, I have completed 25 years of continuously serving as Head of Government. This is the blessing of the people. I bow before the people of the country," says PM Modi as he addresses the 'Seva Jyoti’ program to mark his 25 years in public service.
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📉Market Closing | Benchmark indices closed lower, with Sensex slipping 429 points to 72,638.70 and Nifty slipping 173173 points to 22,603.05, amid weak market sentiment.

Track all market updates here:
livemint.com/market
Boston Dynamics has appointed former Amazon AI executive Rohit Prasad as CEO, tasking him with leading its ‘Physical AI’ strategy. The move comes as Hyundai pushes to commercialise humanoid robots such as Atlas and scale production for industrial applications.

Read more:
https://www.livemint.com/ai/boston-dynamics-appoints-rohit-prasad-as-ceo-former-amazon-ai-chief-to-lead-physical-ai-strategy-11791365245509.html
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Starlink says it has kept India user data within the country and built local infrastructure as satellite internet providers await final regulatory and security approvals.

https://livemint.com/industry/starlink-india-launch-security-clearance-commercial-services-11791354507240.html
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The Reserve Bank of India (RBI) raised its key interest rate for the first time in nearly four years as rising inflation risks and a sharp shift in the global rate environment prompted the central bank to reverse its easing cycle.

Read more: https://www.livemint.com/economy/rising-inflation-risks-rbi-repo-rate-by-25-bps-to-5-50-mpc-policy-11791347773792.html
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HubSpot is cutting around 660 jobs, or roughly 7% of its global workforce, as the software company reorganises its operations around its push to deliver AI-driven customer outcomes.

Read more: https://www.livemint.com/companies/hubspot-lays-off-660-workers-offers-20-weeks-base-pay-and-job-search-support-11791368967592.html
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A residential building collapsed near Idgah Machhli Mandi in New Seemapuri this afternoon. Visuals from the spot show the aftermath of the collapse.
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RBI raises repo rate by 25 bps to 5.50% and shifts stance to “calibrated tightening,” signalling that near-term rate cuts are unlikely. The central bank also raised its FY27 GDP growth forecast to 7.1%. Watch the video for key policy decisions and what they mean for borrowers, investors and the Indian economy.

Watch!
https://www.youtube.com/watch?v=iewRtVVCxBw
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South Korea's bank hacks raise concerns that AI could make cyberattacks faster, cheaper and easier to adapt across financial institutions.

Read more: https://www.livemint.com/ai/south-korea-bank-hacks-the-hidden-third-party-risk-ai-could-make-worse-decoded-11791295572625.html
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