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Stock market today: Nifty50 opens in red; BSE Sensex down over 300 points as IT stocks tank on H-1B visa fee hike

Market analysts anticipate continued stability with an upward trend, supported by potential consumption increases as GST rate reductions take effect. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Monday as IT stocks tanked following Donald Trump administration’s H-1B visa fee hike to $100,000. While Nifty50…

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Will $100,000 H-1B fee hit Indian IT stocks on Monday? Investors jitter as ADRs slide, long-term outlook remains cautious

A sudden spike in H-1B visa fees has thrown the Indian IT sector into uncharted waters. Investors are recalculating risks as a key cost pillar—the US-bound talent pool—faces unprecedented charges, potentially reshaping the profitability of India’s software exporters.US President Donald Trump announced that new H-1B visas will now attract an annual fee of $100,000. A…

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‘Little afraid of our talent’: Piyush Goyal reacts to H-1B visa fee hike; urges NRIs to innovate in India

NEW DELHI: A day after US President Donald Trump imposed a $100,000 fee on H-1B visas, Union commerce minister Piyush Goyal reacted to the development by claiming that the world is “a little afraid of Indian talent”.Goyal shared a video clip from a speech on social media, asserting that “different countries across the world also…

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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

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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H-1B visa fee hike: Zoho founder Sridhar Vembu urges Indians on H-1B visas to return home; ‘Do not live in fear’

Zoho founder Sridhar Vembu The entire technology and IT industry is in shock after US President Donald Trump announce massive five hike for H-1B visa. As per the revised regulations the companies that are recruiting foreign professionals will now have to submit $1,00,000 payment for each H-1B application. After the announcement many tech giants such…

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Panic on board: $100k H-1B visa fee triggers flight chaos in US among Indian travellers – watch

$100k H-1B visa fee triggers flight chaos at SFO among Indian travellers A wave of panic gripped Indian H-1B visa holders and applicants across the United States on Saturday, with scenes of chaos unfolding at airports after US President Donald Trump signed a proclamation imposing an unprecedented USD 100,000 fee on H-1B visa petitions.At San…

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Embassy on alert: India issues emergency number after Trump’s H-1B fee order; tech industry braces for fallout

The Indian Embassy in US on Saturday (local time) issued an emergency assistance number for Indian nationals seeking urgent support after US President Donald Trump signed a proclamation imposing an unprecedented annual fee of $100,000 on H-1B visa applications.“Indian nationals seeking emergency assistance may call cell number +1-202-550-9931 (and WhatsApp). This number should be used…

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‘Concerned’: US Chamber of Commerce reacts to Trump’s $100k visa fee; calls move disruptive

US President Donald Trump’s decision to increase visa sponsorship fees has triggered concern from the US Chamber of Commerce, which warned of widespread consequences for workers, families, and businesses. Trump signed an Executive Order raising the fee for companies sponsoring H-1B applicants to $100,000, a sharp jump from the current level of around $2,000 to…

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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

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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