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H-1B visa rule sparks anxiety, leaves Indian employees stranded in transit (Representative Image AI) BENGALURU: US President Donald Trump’s proclamation on the H-1B visa left many Indians on edge, wondering what it meant for them. Harish M, an Indian techie at a FAANG company, was on vacation in Kenya, scheduled to land in the US…
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…
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…
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…
New Delhi: The decision to hike H-1B visa fees will choke US innovation and boost India’s, former G20 Sherpa Amitabh Kant said Saturday. “By slamming the door on global talent, America pushes the next wave of labs, patents, innovation and startups to Bengaluru, Hyderabad, Pune, Gurgaon,” he wrote on X.“India’s finest doctors, engineers, scientists and…
The government is in discussions with the US administration and the IT industry over the sharp hike in H-1B visa fees, set to take effect on 21 September.American companies will end up getting even a harder hit after the announcement, being primary users of these visas to bring in high skilled workers, sources told PTI…
Kunal Bahl, cofounder, Snapdeal Snapdeal co-founder Kunal Bahl believes that the new H-1B visa rules will lead to a return of talented individuals to India. In a post shared on the social media platform X (formerly Twitter), Bahl said the new rules would “no doubt be tough” for these individuals as they move base. Still,…
Industry body, Nasscom, has urged its member companies to bring back H-1B employees stuck outside the United States before new visa fee rules come into force.The warning comes with just a day left before the US raises the cost of applying for an H-1B visa to $100,000, a move that could severely disrupt businesses.Shivendra Singh,…
NEW DELHI: The government on Saturday expressed concern over reports of proposed restrictions to the US H-1B visa program, emphasising the potential implications for skilled talent mobility and bilateral ties.In a statement, the official spokesperson said the government is studying the full impact of the measure, noting that Indian industry has already released an initial…
