Air India has hired 9,000 employees, including 5,000 crew members, in the last two years to meet the workforce requirement for its expanding fleet and network, the airline's chief Campbell Wilson said on Friday.

Markets regulator SEBI on Friday allowed mutual funds to both buy and sell Credit Default Swaps (CDS), a move aimed at increasing liquidity in the corporate bond market.

This flexibility to participate in CDS would serve as an additional investment product for mutual funds, SEBI said in a circular.

Food price volatility remains a contingent risk even as the overall retail inflation has remained below the target of 4 per cent for the second consecutive month in August, said the latest Bulletin of the Reserve Bank released on Friday.

Housing sales are estimated to decline 18 percent during July-September quarter across nine major cities to 1,04,393 units on high base, according to PropEquity data.

Real estate data analytic firm PropEquity on Friday released the data for housing sales across nine major cities.

hree out of five consumers surveyed in India believe it is normal for people to exaggerate income on loan applications, according to a report on people’s attitudes toward first-party financial fraud.