Explained: Why Indian IT companies may easily digest H-1B fee hike, Anil Singhvi weighs in

Explained: Why Indian IT companies may easily digest H-1B fee hike, Anil Singhvi weighs in

Indian IT companies are expected to face only limited disruption following the US announcement of a $100,000 one time fee on new H-1B visa applications, according to market expert Anil Singhvi, managing editor of Zee Business. Singhvi suggested that the move is more “signal than shock” for the sector, with only mild implications for business sentiment…

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RBI likely to use ‘secured rate’ as new operative benchmark tool

RBI likely to use ‘secured rate’ as new operative benchmark tool

Mumbai: The Reserve Bank of India may consider replacing the unsecured weighted average call rate (WACR) with a secured rate-such as the tri-party repo dealing system (TREPS) rate or the newly introduced secured overnight rupee rate (SORR)-as the operational rate for effective monetary policy transmission, suggested Japanese brokerage firm Nomura. This shift would better reflect…

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