Office absorption in India up by 20 pc in Jan-March amid rapid GCC expansion

IANS | April 20, 2026 10:00 AM

New Delhi, April 20 (IANS) Despite a slowdown in new completions, office absorption increased by 20 per cent to 21.53 million square feet in Q1 2026 (January-March quarter) compared to the same period last year, highlighting sustained occupier demand amid the West Asia conflict and global macroeconomic challenges, a report showed on Monday.

Lee pledges coordination with India on efforts to reopen Strait of Hormuz

IANS | April 20, 2026 9:07 AM

New Delhi, April 20 (IANS) President Lee Jae Myung stressed the need for South Korea and India to work together to ensure safe passage through the Strait of Hormuz in an interview published on Monday, also highlighting the need for joint efforts to stabilise global supply chains.