Asian shares edged higher at the open, led by Japan, after the central bank eased concerns over plans to offload its massive exchange-traded fund holdings. The Nikkei-225 Index jumped 1.3% as trading kicked off in a new week, bouncing back after the Bank of Japan’s comments on ETF sales spooked the markets Friday. Shares in…
The central government, in consultation with the IT industry body Nasscom, is evaluating the impact of the US administration’s decision to impose a $100,000 annual fee on H-1B visas, effective September 21. According to IANS, government sources said that New Delhi is coordinating with the Indian Embassy in Washington, DC, while holding discussions with leading…
Amid the looming implementation of US President Donald Trump’s overhaul of the H-1B visa programme, tech giants Amazon and Microsoft on Saturday advised their foreign employees holding H-1B and H-4 visas to immediately return to the United States and urged the H-1B holders to stay in the US “for the foreseeable future”, according to internal…
US President Donald Trump’s latest immigration move has sent shockwaves through the global tech industry. The American president signed a proclamation imposing a $100,000 annual fee on every H-1B visa application on Friday– a decision critics say could cripple America’s innovation engine while simultaneously boosting India’s tech growth story. ‘America’s loss will be India’s gain’ Former…
US President Donald Trump’s administration on Friday hiked the H-1B visa fee to $100,000 from a few thousand dollars at present. Signing the proclamation order, the 47th US president said America is “going to have great people coming in”, referring to the H-1B visa programme that is crucial for highly skilled Indian techies working in…