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In a major step towards restructuring its operations, Eastern Coalfields Ltd (ECL) has reopened two previously closed mines under the Mine Developer and Operator (MDO) revenue-sharing model. The move, inaugurated virtually by Union Coal Minister G Kishan Reddy on Saturday, marks a strategic shift aimed at reviving loss-making assets and improving operational efficiency, PTI reported…
America is running out of pennies, quite literally! The US is facing a nationwide shortage of pennies, months after President Donald Trump halted production of the one-cent coin without introducing a transition plan. The decision, which came as a cost-saving measure, is now impacting the country’s commerce. In many shops and banks, staff are struggling…
Intel is back in profit. The chip giant snapped its losing streak of six straight quarterly losses and returned to profitability in the third quarter. The American chipmaker posted strong revenue, noting robust demand for chips that it expects to continue into 2026. This is Intel’s first earnings report since the Donlad Trump administration acquired…
Stock markets in Asia struggled on Wednesday, mirroring Wall Street losses as investors weighed worries that this year’s tech-driven rally may be approaching its limits. Hong Kong’s HSI fell 22 points or 0.09% to 25,759. Nikkei traded at 48,509, shedding 797 points or 1.6%. Shanghai and Shenzhen also traded in red, down 0.66% and 0.87%,…
Pakistan’s captain Salman Agha (AP Photo/Altaf Qadri) Pakistan Cricket Board is set to replace Salman Ali Agha as T20I captain with all-rounder Shadab Khan following Pakistan‘s three consecutive losses to India in the Asia Cup 2025. According to PTI, decision comes as part of a strategic reset ahead of the 2026 T20 World Cup scheduled…
India’s captain Harmanpreet Kaur, center, listens to teammate Smriti Mandhana. (AP Photo) Hosts India face a tough path after defeats to Australia and South Africa, but hope remains alive.NEW DELHI: Hosts India suffered their second consecutive defeat in the ICC Women’s ODI World Cup on Sunday, going down to defending champions Australia by three wickets…
The increase in workforce reductions coincides with a slowdown in the labour market. (AI image) The US economy is staring at a prospect where its job losses for the year could cross 1 million! Nearly 95,00,00 layoffs have happened by US employers through September 2025, marking the highest such figures since 2020, according to outplacement…
The Russian president indicated that to address trade disparities, Russia could increase its imports of agricultural goods and pharmaceutical products from India. (AI image) India and Russia are looking to deepen trade ties, with Russian president Vladimir Putin instructing officials to formulate strategies to address the trade imbalance. This includes increased procurement of agricultural goods…
US stocks opened higher on Monday, clawing back some losses from last week, with investors eyeing a key economic report and ongoing political uncertainty over a potential government shutdown. The S&P 500 rose 0.4% in early trading, the Dow Jones Industrial Average edged up 29 points (0.1%), and the Nasdaq composite gained 0.6%, all hovering…
Kajol, who is often seen celebrating Durga Puja with her family, confessed that this year’s visit to the pandal was especially difficult following the losses her family has endured. The actor took to her official Instagram handle to share a string of photographs from the festivities, where she was seen posing with her sister Tanishaa…
