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At a time when the United States is facing widespread debate over President Donald Trump’s decision to impose a $100,000 fee on new H-1B visa applications, two major US corporations have appointed Indian-origin executives to their top leadership positions. T-Mobile has named Srinivas “Srini” Gopalan as its next CEO, effective November 1, 2025, while Molson…
NEW DELHI: Union minister Piyush Goyal on Wednesday pointed out India’s contribution to US workforce and said “talent and innovation” of “Indian engineers and graduates” helps support America’s “growth plans.” The comments came amid ongoing H-1B visa chaos caused by the Donald Trump administration, categorically targeted at “low-cost foreign labour.”Speaking at the US-India Strategic Partnership…
The US government on Tuesday unveiled a proposal to modify the H-1B visa selection process. US President Donald Trump recently announced the decision to impose an increased fee of $1,00,000 on the new H-1B application. The revised regulation sent shockwaves in the global technology sector and many tech giants such as Google, Amazon, Meta and…
The rupee depreciated 45 paise to settle at a fresh all-time low of 88.73 against the US dollar on Tuesday, weighed down by sustained foreign fund outflows and concerns over the steep hike in the US H-1B visa fee, which exporters fear will hit India’s IT services sector.Forex traders said the local currency extended losses…
Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman have shared their thoughts on the recent H-1B visa fee hike. Silicon Valley’s two influential tech leaders have weighed in on U.S. President Donald Trump’s controversial decision to raise the cost of H-1B visas to $100,000 per application. For those unaware, the US President Donald Trump…
JPMorgan CEO Jamie Dimon said that the H-1B visa fee hike came out of the blue. The Trump administration introduced a $100,000 annual fee on H-1B visa applications, effective September 21. The announcement, made last week, has sparked concerns and chaos among Indians and other foreign employees in the US. Speaking to Times of India,…
US President Donald Trump recently announced an increase in the hike of H-1B visa fees. As per the revised regulations, the US H-1B visa fee has been increased from $10,000 to $1,00,000. This sudden increase in the hike of H-1B visa fee created a situation of chaos as tech giants like Amazon, Microsoft, Google and…
Rupee slips 25 paise to an all-time intraday low of 88.53 against the US dollar in early trade on Tuesday, as concerns over enhanced US tariffs on Indian goods and the new $100,000 H-1B visa fee weighed on investor sentiment.Forex traders said that global risk aversion and trade policy uncertainty further exacerbated the rupee’s decline.At…
BJP Kerala State President Rajeev Chandrashekhar has also criticised US President Donald Trump’s decision to increase the H-1B visa fees to $1,00,000. Speaking to news agency ANI, Chandrasekhar said that this decision to the Trump administration could damage America’s own technology ecosystem. For those unaware, last week, the Donald Trump administration announced revision in the…
H-1B visa holders can apply for permanent residence in the US to escape any further action on foreign workers by the administration. The H-1B conundrum has triggered speculations that other visa categories also will face some heat from the Donald Trump administration — limiting the entry of foreigners in the United States. In a major…
