India becomes strategic hub for global corporations in Asia-Pacific: Report

IANS | May 23, 2025 1:55 PM

Mumbai, May 23 (IANS) India accounted for 47 per cent of all Asia-Pacific (APAC) office leasing volumes in 2024 -- up from 36 per cent in 2015 -- underlining the country’s strategic relevance amid trade shifts, supply chain diversification and macroeconomic headwinds, a report showed on Friday.

Sensex, Nifty surge over 1 pc; IT, FMCG stocks gain

IANS | May 23, 2025 1:36 PM

Mumbai, May 23 (IANS) The Indian stock markets bounced back strongly on Friday with both the Sensex and Nifty rising sharply during the intra-day trade after a cautious start. The rally was driven by positive global cues and heavy buying in the IT and FMCG stocks.