Indian job market: Unemployment eases to 5.2% in July; rural areas drive improvement

[ad_1] India’s unemployment rate eased to 5.2% in July, from 5.6% in June, according to the government’s latest labour force survey, released on Monday.The Periodic Labour Force Survey (PLFS), conducted by the Ministry of Statistics and Programme Implementation (MoSPI), showed that the unemployment rate in May had also stood at 5.6%.Data collected under the current…

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FASTag annual pass: Over 5 lakh users sign up in 4 days; Tamil Nadu leads with maximum number of purchases

[ad_1] The newly launched FASTag Annual Pass has seen a remarkable response, crossing the landmark figure of five lakh users across the country within just four days, an official statement said on Monday.Introduced on Independence Day, the pass allows non-commercial vehicle users to make a one-time payment of Rs 3,000 for one year’s validity or…

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‘Bharat steps up efforts to be product nation’: Ashwini Vaishnaw lauds India’s semiconductor push; encourages startups in chip design

[ad_1] India’s push to build its own semiconductor ecosystem got a boost after Union Minister for Electronics and Information Technology Ashwini Vaishnaw praised the progress in chip manufacturing, calling it an important step towards becoming a “product nation”.Taking to X on Monday, Vaishnaw cited a media report while highlighting the importance of homegrown chipsets in…

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AU$90 million penalty: Qantas Airways fined for illegal sackings during Covid pandemic; judge questions lack of remorse

[ad_1] A judge in Australia fined Qantas Airways 90 million Australian dollars ($59 million) for unlawfully dismissing more than 1,800 ground staff during the early stages of the Covid-19 pandemic. The penalty is in addition to the AU$120 million ($78 million) compensation the airline had already agreed to pay dismissed employees.Justice Michael Lee of the…

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IT sector hiring: Firms eye cautious, fresher-focused recruitment; TCS, Infosys and more set targets for FY26

[ad_1] Software services companies are set to adopt a cautious yet strategic approach to hiring in the second half of FY25, with recruitment specialists projecting 3–5 per cent growth compared to the first half. The focus will be on skilled freshers and junior-level positions, given lower costs and higher learning potential.“Hiring may remain muted in…

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