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US President Donald Trump‘s administration last week announced last week a massive increase in H-1B visa fees, imposing a USD 100,000 annual charge that will fundamentally alter how American companies hire skilled foreign workers, particularly impacting Indian IT professionals who comprise the largest group of beneficiaries.The new USD 100,000 annual fee represents a significant increase…
Donald Trump’s new Gold Card programme, offering a fast-track route to US residency, has sparked growing interest among Indians chasing the American dream, particularly after his administration hiked H-1B visa fees to $100,000.The Gold Card, signed into effect through an executive order on September 19, requires a non-refundable $1 million “gift” to the US Treasury,…
Box CEO Aaron Levie is pushing back against President Trump’s $100,000 H-1B visa fee, warning the policy will give large tech companies an unfair advantage over cash-strapped startups in the competition for global talent. Speaking on “The A16z Podcast” alongside Andreessen Horowitz partners, Levie argued that the steep fee structure essentially turns international hiring into…
US lawmakers have reportedly sent letters to major companies, including Apple, Amazon, and JPMorgan, demanding an explanation for hiring thousands of foreign workers on H-1B visas while simultaneously reducing other job openings. The inquiries, led by Republican Senator Chuck Grassley and Democratic Senator Dick Durbin, request detailed information from the companies on the number of…
JPMorgan economists Michael Feroli and Abiel Reinhart have raised concerns over the potential impact of President Donald Trump’s executive order introducing a $100,000 fee on new H-1B visa applications. Their report predicts that the policy could reduce the number of work authorisations in the US by up to 5,500 per month. This estimate is based…
The increased fees for new H-1B visas in the United States are showing consequences, leading organisations to explore alternative visa categories. (AI image) US President Donald Trump’s steep H-1B visa fee hike to $100,000 has left Indian techies shocked, but countries like Germany, UK and Canada are capitalizing on the opportunity to pitch their countries…
IT stocks fell for a third consecutive day on Wednesday, as concerns over a sharp increase in US H-1B visa fees continued to weigh on investor sentiment. The BSE IT index dropped 0.69 per cent to 34,529.91.Mastek Ltd plunged 3.42 per cent, Infobeans Technologies declined 3.41 per cent, Wipro lost 2.06 per cent, Tech Mahindra…
Silicon Valley braces for Donald Trump’s H-1B fee hike The Trump administration’s sharp increase in visa fees for H-1B workers has triggered concern among US technology companies, with many considering moving more jobs overseas — the very outcome the policy aimed to prevent.US President Donald Trump announced on Friday a steep $100,000 levy for new…
Rupee depreciated by 7 paise to 88.80 against the US dollar in early trade on Wednesday, hovering near its all-time low amid US tariff concerns, H-1B visa fee hikes, and persistent foreign fund outflows.At the interbank foreign exchange, the rupee opened at 88.80 and touched 88.71 in initial trades. On Tuesday, it had fallen 45…
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…
