GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
With Democrats having an upper hand in US Congress, the Donald Trump administration will find it difficult to come up with any future legislative changes with regard to visa regulations.
If the visa issue ultimately requires certain other considerations at govt level, we will consider that, says Ravi Shankar Prasad
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
Announcing the visit from June 25, the external affairs ministry on Monday said the Modi-Trump discussions will provide a new direction for deeper bilateral engagement.
The US Congress has imposed a special fee of up to $4,500 on the H-1B and L-1 visas.
As Indian-origin entrepreneur and Republican leader Vivek Ramaswamy pulled out of the Department of Government Efficiency (DOGE), just 69 days after he was announced the co-head of the team along with tech billionaire Elon Musk, a report has revealed that it was the Tesla CEO who wanted Ramaswamy 'out' of the team.
From the perspective of an American worker who is being displaced it does not make a difference whether he is displaced by a visa-dependent company or a non-visa-dependent company or a 50-50 company or whatever: Nasscom president.
In this scenario, the Indian information technology industry and government have two distinct items on the agenda before them.
This is a culmination of the joint investigation carried out by the Department of Justice and the Department of Homeland Security.
Donald Trump's Presidency of the United States will open new opportunities for India though certain sectors, especially pharma and IT, may face the heat if the incoming president decides to impose restrictions on imports and H1B visa regulations, experts said on Wednesday. Prime Minister Narendra Modi's friendly relationship with Trump will have a positive bearing on Indo-US relations but India may have to adapt its strategies to maintain cooperation in areas of mutual interest.
Trump said he is very close to a deal on DACA.
Wives of thousands of skilled professionals from India and other countries in the US on H-1B and other temporary work visas are increasingly frustrated because they were not allowed to work, a report said on Monday.
Indians have topped the number of illegal immigrants from Asian countries caught at land, sea, and air checkpoints of the US since 2022.
It was expected to be a friendly Bill for the IT outsourcing industry
'The cooperation in technology is one of the most important aspects of the visit.' 'It will have a long-lasting impact because it will shift the entire paradigm in the context of artificial intelligence and emerging technologies.'
The US government should not only look at salary, but also focus on skills while making immigration reforms
'Democrats don't care about those on H-1B visas. They don't care about the Green Card backlog.' 'President Trump wants to stop the massive flow of illegal immigrants and focus on a robust and legal immigration system.' 'Indian Americans would thrive in such an immigration system.'
Indian IT industry veterans believe lack of maturity from the political leadership may have helped people in the US to take advantages.
'Trump has no more elections to fight and his soaring ambition, which is no secret, will be to carve out a presidential legacy that outshines by far all his mediocre predecessors.' 'Trump's turnaround on the H-1B visa debate shows that he can take tough decisions and there are no holy cows in his domain,' asserts Ambassador M K Bhadrakumar.
Most of the 250 freshers Infosys hired from US campuses last year would be deployed in sales
Through these new hires and centres, Infosys will also focus on enhancing its play in new technology areas like artificial intelligence (AI), machine learning, user experience, cloud and big data.
The United States Senate has passed the landmark comprehensive immigration reform bill that will provide a pathway to citizenship to some 11 million illegal immigrants, including over 240,000 Indians.
WH said they are expected to set forth a vision that will expand the bilateral partnership
The single greatest empowerment to our economic growth as we continue to move towards three per cent or four per cent GDP growth will be the resources that we need to fill hi-tech jobs, advanced degrees, advanced analytics, science and research: Senator Thom Tillis.
The arrest of Nilesh Dasondi, noted community activist and Edison zoning board member, in an immigration scam involving his company, Cygate Software and Consulting, has shocked the community. Dasondi, 41, is charged with violations including visa fraud and conspiracy to commit visa fraud.They posed as software experts and were sponsored for H1-B visas by Cygate; in the event, they were running shops or doing other businesses, according to court papers.
Ex-employee Steven Heldt had sued the company for favouring South Asians and discriminating against American workforce.
India has a comparative edge over key competitors in a majority of products it exports to the US and stands to gain market share as the US raises tariffs on its major trade partners, NITI Aayog said on Monday. In its quarterly trade report, it recommended that the government fast-track the India-US free trade agreement with time-bound goals to resolve non-tariff barriers and finalise digital trade rules on data flows and e-signatures to support services exports.
'It is not that the H1B visa employees are coming in to displace jobs.'
The Senate Judiciary Committee on the fifth day of its deliberations that included 300 amendments to the Comprehensive Immigration Reform bill -- Border Security, Economic Opportunity, and Immigration Modernization Act -- passed it by 13-5 votes.
Over 15,000 NRI resumes have accumulated in the inboxes of headhunters, and the number is set to increase, say HR executives.
Reduced hiring in the US market due to the lingering impact of the global financial crisis has resulted in a spike in the number of non-resident Indian resumes received by Indian human resources (HR) companies. Over 15,000 NRI resumes have accumulated in the inboxes of headhunters, and the number is set to increase, say HR executives.
IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
Illegal immigration, he said, has resulted in crime, corruption and inflation.
'Non-compatible with Western Civilization' is about as vague and jingoistic as it gets and Trump saying this gives full license to his acolytes to go full throttle on making life as difficult and scary as possible for as many non-white people as possible,' notes Sree Sreenivasan.
To increase local talent mix in the US like their major peer Infosys
'I am in favour of keeping these talented people here so they can go to work in Silicon Valley.'
There is deep angst and growing concern by America Inc, over India's Preferential Market Access policy and fears that as a quid pro quo, lawmakers in the US Congress may limit or even prohibit the free movement of Indian technical professionals, including quashing efforts to expand the H-1 B visa program.
Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.
In addition to mounting its own effort and putting in all its resources to convince the US lawmakers that the killer provisions of the comprehensive immigration reform bill -- that has been introduced in the Senate by the bipartisan group of eight Senators called the Gang of Eight -- the top business group representing the interest of US companies doing business in India is in the final stages of hiring a top lobbying firm for the purpose.
