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India's economic resilience shines amid global market uncertainties and challenges

Global markets are shifting as CLSA adopts an overweight stance on Indian equities, with Moody's projecting India's growth at 7.2% for 2024 amidst global economic challenges. While India's strong domestic demand contrasts with China's economic struggles, recent declines in the Sensex and Nifty raise concerns over consumption and foreign outflows.

apollo's atlas sp launches new funding unit with top credit ratings

Apollo Global Management Inc. has launched a new subsidiary, Atlas Warehouse Lending Company, under its structured credit business, Atlas SP Partners. This unit, which has received blue-chip credit ratings from three major bond graders, will provide temporary financing for loans intended for bundling into bonds. Atlas SP anticipates that the unit's loan portfolio will expand from $6 billion to $30 billion over the next two years, according to Moody’s Ratings.
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