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JPMorgan CEO Jamie Dimon says H-1B visa fee hike came out of the blue: ‘The challenge is that the US still needs…’

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,…

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Currency watch: Rupee slips 25 paise to 88.53 against US dollar; Trump tariffs & H-1B visa fee hike weigh on sentiment

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…

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Rajeev Chandrasekhar on H-1B fee hike: ‘It is not something that is good for the American…’

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…

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Trump’s H-1B visa fee hike to backfire? Wall Street banks set to rely more on Indian GCCs; may deepen presence in India

H-1B visas also see significant usage from financial and consulting organisations. (AI image) US President Donald Trump’s move to steeply hike the H-1B visa fees to $100,000 in a bid to create more jobs for Americans may actually end up backfiring! Major Wall Street banks are actually expected to increase their dependence on business support…

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H-1B visa fee hike: China’s answer goes live on October 1; What is K-visa, who can apply and key features to know

Trump announced a new fee of $100,000 for H-1B visas effective September 22, sparking concerns among IT professionals and companies. Amid the uncertainty, China’s K-visa – being dubbed as the country’s answer to the H-1B visa is making headlines. The new rules, aimed to amend regulations on foreign entries and exits were announced this August…

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Elon Musk’s dilemma on H-1B visa hike: Once an H-1B holder, anti-immigration ‘messiah,’ and CEO of companies employing many H-1B workers | World News

Elon Musk’s position on the H-1B visa programme reflects a complex interplay of personal experience, corporate imperatives, and public statements that often appear contradictory. Musk himself entered the United States on an H-1B visa, a fact he credits with enabling his entrepreneurial journey and the growth of companies such as Tesla and SpaceX. While he…

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US H-1B visa fee hike: Indian IT firms facing $150-550 million in immigration bill – Know all about it

India’s top IT services firms are bracing for a steep rise in costs after the US government sharply increased the H-1B visa application fee to $100,000, nearly ten times the earlier $7,500–10,000. According to estimates, leading players could each end up spending an additional $150–550 million in immigration fees based on their past visa sponsorship…

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Alternatives to H-1B visas: After fee hike by Trump to $100,000, O1 & L1 visas gain traction; check cost, approval rates

L-1 and O-1 visas are ideally for individuals seeking intracompany transfers and those with extraordinary abilities respectively. The Donald Trump administration’s H-1B visa fee hike to $100,000 may lead to companies opting for cheaper alternatives such as L1 and O1 visa categories.Despite having more rigorous qualification requirements and not being complete substitutes for H-1B visas,…

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