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S. Korean exports jump 29 pc to record Feb high on surging chip demand

Mar 1, 2026

Seoul, March 1 (IANS) South Korea's exports jumped nearly 30 per cent from a year earlier in February to mark the highest level ever recorded for the month, driven by growing demand for semiconductors amid the artificial intelligence (AI) boom, government data showed on Sunday.Outbound shipments totaled $67.45 billion last month, up 29 per cent…

444 flights expected to be cancelled on March 1 over airspace closures: DGCA

Mar 1, 2026

New Delhi, March 1 (IANS) After a massive disruption due to airspace closures across Iran and several Middle Eastern countries, 444 flights are expected to be cancelled on March 1, according to the Directorate General of Civil Aviation…

Business

S. Korea reviews economic impact of Iran crisis on oil reserves

Mar 1, 2026

Seoul, March 1 (IANS) The industry ministry said on Sunday it is preparing for all contingencies, including a possible closure of the Strait of Hormuz, amid escalating tensions surrounding Iran, adding the impact on shipping logistics…

Business

Samsung Electronics to shift to AI-driven autonomous factories by 2030

Mar 1, 2026

Seoul, March 1 (IANS) Samsung Electronics said on Sunday it plans to transform its domestic and overseas production facilities into factories driven by artificial intelligence (AI) by 2030 as part of its push for manufacturing…

Business

Chilli prices soar in TN’s Ramanathapuram as crop losses hit arrivals

Mar 1, 2026

Ramanathapuram, March 1 (IANS) A sharp decline in arrivals has sent chilli prices in Tamil Nadu's Ramanathapuram soaring to record levels, with Mundu and Samba varieties crossing Rs 20,000 per quintal in the open market. Officials attribute…

Business

Israel-Iran war buzz may weigh on Indian markets, weak opening likely

Feb 28, 2026

New Delhi, Feb 28 (IANS) Rising geopolitical tensions in the Middle East are likely to cast a shadow on global equity markets, including India’s Dalal Street, market experts said on Saturday.Market experts noted that while the escalation in…

Business

India will be among top 3 world economies soon: Dr Jitendra Singh

Feb 28, 2026

New Delhi, Feb 28 (IANS) India’s journey from the ‘Fragile Five’ economies in 2014 to emerging as the world’s fourth largest economy reflects a decisive shift in national confidence, capability, and direction, Union Minister of State, Dr.…

Business

Gold, silver prices likely to surge as Israel-Iran war escalates: Market experts

Feb 28, 2026

New Delhi, Feb 28 (IANS) Gold and silver prices are expected to open sharply higher on Monday as escalating tensions between Israel and Iran push investors towards safe-haven assets, market experts said on Saturday.Experts believed that…

Business

Air India suspends all flights to Middle East amid ‘major combat operations’ in Iran

Feb 28, 2026

New Delhi, Feb 28 (IANS) Air India on Saturday said it has suspended all flights to all destinations in the Middle East in the wake of the developing situation in parts of the Middle East.The announcement came as the US and Israel began…

Business

Global oil prices to rise as US, Israel launch massive attack on Iran

Feb 28, 2026

New Delhi, Feb 28 (IANS) Oil prices are expected to rise due to the “massive combat operation” launched by the US and Israel on Iran which brings the Strait of Hormuz into the war zone, leading to a disruption in crude exports from the…

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