The Reserve Bank of India on Friday retained the 'accommodative' stance, kept the key lending rate unchanged and projects inflation at 5.3 percent. Meanwhile, Reliance Industries became India's most valuable company with a market cap of Rs 18 lakh crore. Tata Consultancy Services today reported a net profit of Rs 9,624 crore for the September quarter whereas Tata Sons won the Air India bid. For all these stories and everything in between, here are some top news of the day

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RBI October Monetary Policy: Central bank retains 'accommodative' stance

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) kept the repo rate unchanged in the fourth bi-monthly policy meet for the financial year 2021-22, governor Shaktikanta Das said on Friday. Details here

RBI projects inflation at 5.3% for FY22

The Reserve Bank of India (RBI) has projected the Consumer Price Index (CPI) inflation at 5.3 percent for the financial year 2022, lower than the 5.7 percent estimated earlier. Check our projections for separate quarters here

Tata Sons bags Air India

The Narendra Modi government on Friday announced that Tata Sons is the winning bidder for debt-laden national carrier Air India.