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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…
The recent H-1B visa fees hike announced by US President Donald Trump created an atmosphere of chaos. The massive hike in the H-1B visa fees rattled the tech industry. Many of the tech giants including Google, Microsoft, Amazon asked the professionals on H-1B visa to return to the US by September 21. As per the…
The panic that swept through American corporations, their H-1B employees and family members has somewhat eased. Notifications issued late on Saturday night by the US Citizenship and Immigration Services (USCIS) and the US Customs and Border Protection (CBP) clarified that the controversial $100,000 “supplemental (entry) fee” announced under President Trump’s proclamation will not apply to…
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…
File photo of applicants at US consulate in Mumbai waiting in line for their visa interview at a special camp organised earlier this year American President Donald Trump’s $100,000 H-1B visa fee is expected to trigger a sharper wave of offshoring by global IT firms while sparking a ‘ ghar wapsi ’ among Indian tech…
Goldman Sachs has given new advice to workers with H1-B visas. This comes after President Donald Trump announced that companies must now pay $100,000 every year for each foreign worker on an H1-B visa. The new rule has forced big tech companies like Google, Microsoft, and Amazon to tell their visa workers to stay in…
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…
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…
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…
US Citizenship and Immigration Services, USCIS has issued a clarification on Trump’s new order on H-1B visa. Trump, on September 19 signed a new proclamation announcing a $100,000 fee for H-1B visa applications. In a post on X (formerly Twitter), the immigration authority said that President Trump’s new H-1B visa requirement applies only to NEW,…
