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Foreign investors pulled Rs 23,885 crore out of Indian equities in September, pushing total outflows for the year so far to Rs 1.58 lakh crore, according to depository data.This marks the third straight month of net selling, following heavy withdrawals of Rs 34,990 crore in August and Rs 17,700 crore in July.Himanshu Srivastava, principal and…
A cross-section of organisations representing health care providers, academicians, educational institutions, religious organisations, and individuals (including an Indian citizen currently residing in California) jointly filed a lawsuit on Friday challenging President Trump’s recent proclamation, that barred H-1B holders from entering the US unless their employer coughed up an entry fee of $100,000.The lawsuit filed in…
H-1B restrictions are backfiring: Here’s how India became the new innovation hub A coalition of labor unions, health care providers, schools, and religious organizations has filed a lawsuit against President Donald Trump’s executive order increasing H-1B visa fee. The lawsuit claims the increase in visa fee to the anti-immigration power grab: A sweeping executive action…
In what appears to be the first significant domestic legal pushback against the Trump administration’s H-1B visa overhaul, a coalition of unions, education professionals, and religious organisations has filed a federal lawsuit challenging the newly imposed $100,000 fee. The lawsuit, lodged in the United States District Court for the Northern District of California, argues that…
US Senator Charles Grassley and Richard J. Durbin has sent a letter to Tata Consultancy Services (TCS) for hiring thousands of H-1B visa workers in the country while conducting ‘massive layoffs’ globally. The letter, dated September 24, 2025 is addressed to TCS CEO Krithi Krithivasan raises concerns about “troubling employment trends” in the tech industry….
The US government shutdown that began October 1 has brought H-1B visa processing to a standstill, dealing a severe blow to Indian professionals who represent over 71% of H-1B beneficiaries. The Department of Labor, which issues critical Labour Condition Applications (LCAs) required before any H-1B petition can proceed, has stopped operations due to the funding…
H-1B restrictions are backfiring: Here’s how India became the new innovation hub The tightening of H-1B and L-1 visa policies under US President Donald Trump is reshaping global hiring strategies for American companies. Visa application fees have been raised to as much as $100,000, and further restrictions are under discussion in the US Senate, causing…
File: H-1B visa (Disclaimer: AI generated) While Silicon Valley erupts over United States’ $100,000 H-1B visa fee, Accenture CEO Julie Sweet has a notably different take: the policy barely registers as a concern for her company. Sweet sees Trump’s $100,000 visa fee as minimal threat to operations, positioning policy shifts as revenue opportunities. Speaking during…
In 2025, immigrants in the United States, especially those on H-1B visas, face one of the most challenging periods in recent history. A convergence of policy shifts, large-scale tech layoffs, shrinking healthcare access, and rising anti-immigrant rhetoric has created unprecedented uncertainty. For the country’s highly skilled workforce, the consequences extend beyond legal status, affecting career…
The newly introduced K visa, announced in August, aims to attract young international STEM (Science, Technology, Engineering and Mathematics) graduates. (AI image) China’s newly introduced K visa category, which is effective from October 1, 2025, is widely being seen as a counter (though not official!) to the Donald Trump administration’s crackdown on the H-1B visa…
