CRISIL
High frequency indicators show economic activity 'softening': Crisil Research
"In India, the impact of state-announced restrictions are more clearly showing up across high-frequency indicators - they all trended down for the second consecutive week," it said. Retail mobility fell 8.2 percentage points (pp) on average in the week ending May 2, while workplace mobility slowed 7.1 pp.
NISM, CRISIL launch certification for wealth managers
It will cover the entire lifecycle of wealth management, equipping participants with deep conceptual understanding, and ability to use that to serve clients effectively, and aims to build wealth management capacity at banks, NBFCs, mutual funds, brokerages and family wealth offices.
Airlines gain altitude, but will fly into losses this fiscal, too
However, ratings agency Crisil said that these net losses will be 35-40 per cent below the ones reported for fiscal 2021 mark at Rs 9,500- Rs 10,000 crore. A study of the top three airlines, which account for 78 per cent of total passenger traffic, revealed that a resurgence of Covid-19 infections across the country is expected to stall the recovery seen over the past six months.
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