-Livemint.com IT employees in Tamil Nadu, represented by unions, are seeking intervention of courts and state governments to prevent the companies’ growing penchant for job cuts Chennai: Two unions in Tamil Nadu, the only state where labour groups have been actively supporting information technology (IT) employees, have become their voice in the fight against layoffs in the industry. The IT employees’ wing of the New Democratic Labour Front (NDLF) on Tuesday sought the...

-The Times of India While the economy is growing at just over 7% per year, jobs increased by just 1.1% last year, according to a recently-released report covering eight key sectors of the non-farm economy. An earlier report had pegged joblessness at a fiveyear high of 5% in 2015, and under-employment at a staggering 35% of the over-15 years labour force. Seen in this context, the government is facing a growing employment...

-The Telegraph New Delhi: The big red blotch on the Narendra Modi government's report card after three years in power is its dismal performance in job creation - and there are no indications that things will improve in the near future. Cold statistics from the government's labour bureau show that job growth plummeted in key sectors to its lowest levels in eight years in calendar years 2015 and 2016 at 1.55 lakh...

-The Hindu PoS devices’ demand falls on remonetisation, user charges Cash transactions are beginning to trump almost every form of digital payment alternative with April clocking a decline in volumes as well as value of transactions conducted through cards, mobile banking and the Unified Payment Interface (UPI). The trend assumes significance six months after the Centre announced demonetisation of ?500 and ?1,000 notes on November 8. The near-completion of the remonetisation process and merchants...

-The Telegraph New Delhi: Rahul Gandhi today accused the government of creating a grim employment situation through its lack of vision and commitment, reaffirming the Congress's persistent charge of jobless growth in the country over the past few years. "Sad to see our youth let down by this government's lack of vision. Between promises and performance lies capability and commitment," Rahul tweeted, referring to recent news reports about an employment crisis and...