March 1, 2026

Business

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‘Increase in last-minute bookings’: India-US last-minute flights spike after H-1B fee news, reports MakeMyTrip; US says existing visas unaffected

contact@dailyupdatesindia.com02 mins

India-US last-minute flights spike after H-1B fee news, reports MakeMyTrip Last-minute India-US travel bookings surged on Sunday after the Trump administration announced a $100,000 fee for new H-1B visa petitions, according to MakeMyTrip.US President Donald Trump signed a proclamation introducing the fee, aimed at allowing only “extraordinarily skilled” workers into the country and discouraging firms…

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‘Hopefully very soon’: India and Oman set to sign trade pact; petroleum, petrochemicals and services trade to expand

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India Oman flags AI representative image India and Oman are set to sign the Comprehensive Economic Partnership Agreement (CEPA) “very soon”, aiming to diversify trade beyond energy and expand the exchange of goods and services, said Oman’s Ambassador to India Issa Saleh Abdullah Saleh Alshibani said.In an interview with PTI, Alshibani said that negotiations, which…

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India-Azerbaijan energy ties: Crude oil shipments to New Delhi restart after 10-month halt; pricing dispute settled

contact@dailyupdatesindia.com02 mins

Azerbaijan has resumed crude oil exports to India after a 10-month break, resolving the pricing issue that had led to the halt in supplies, according to people familiar with the matter. In August, Azerbaijan exported 1,747.07 tonnes of crude oil to India, valued at $781,520, according to its customs data, as cited by ET.Energy cooperation…

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Apple India expands Mumbai office; Secures 37,549 sq ft across five floors in new lease; part of nationwide growth

contact@dailyupdatesindia.com02 mins

Apple India has renewed and expanded its lease at Maker Maxity in Mumbai’s Bandra-Kurla Complex (BKC), reinforcing its growing corporate presence in the city and across India.The iPhone maker has renewed its lease for office units on the 5th, 6th, 7th, and 8th floors of Maker Maxity 4 & 5 North Avenue. Alongside this, Apple…

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$100,000 H-1B fees higher than salaries of many professionals! Cost too high for companies to sponsor; L-1 visas an alternative?

contact@dailyupdatesindia.com04 mins

Trump’s proclamation has established a new one-time fee of $100,000 (approximately Rs 88 lakh) for bringing qualified overseas workers into the United States. The Donald Trump administration’s move to hike the one-time fee for H-1B visas to a whopping $100,000 is expected to hit the Indian IT sector hard. The approximately Rs 88 lakh cost…

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$100k for H-1B: ‘American workers being replaced with lower-paid foreign labour’ – How US justified visa move

contact@dailyupdatesindia.com02 mins

White House justified its $100k for H-1B visa move citing concerns over cheap “foreign labour” replacing American workers in the United States. It noted the rise in unemployment rates among computer science graduates, doubling of foreign STEM workers in the States.“Unemployment among recent computer science graduates has reached 6.1 per cent and 7.5 per cent…

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$100k fees imposed to obtain H1-B visa: Indian tech stocks take hit in US

contact@dailyupdatesindia.com02 mins

Indian IT firm’s US-listed shares fell overnight following American President Donald Trump’s executive order slapping an additional fee on H-1B visa holders. Infosys ADRs dropped 4%, while Wipro slipped 2% on Friday.Nasdaq-listed Cognizant declined 4.7% on Friday, reflecting investor concerns over stricter immigration policies. Experts warn of an immediate impact on profit margins. “The immediate…

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White House clarifies $100,000 fee does not apply to current H1B visa holders or renewals. Safe to travel. Also, its not annual fee

contact@dailyupdatesindia.com03 mins

TOI correspondent from Washington: The Trump White House has walked back a more stringent interpretation of the enhanced $ 100,000 H1B visa fee, clarifying it does not impact current visa holders and applies only to visa applicants in the next lottery cycle which starts around March 2026. Directly contradicting US Commerce Secretary Howard Lutnick’s statement…

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