The current cap on H1-B visas could lead to a situation where those having the visas demand fatter salaries, which, in turn
Dr Vakil examines the current state of affairs regarding H-1B visa limits in America. How can you best maximise your chance of securing a visa? Read on
The United States Citizenship and Immigration Services, officially, has not come out on the number of H-1B applications received by it since April 1 when it started accepting petitions for it for the fiscal 2014 beginning October 1, 2013.
US Congress is planning to further tighten provisions on the visas giving employers less flexibility in using them and making them a riskier bet for foreign employees seeking a long-term future in America.
India has implemented a number of free trade agreements with developed nations and is in active dialogue for such pacts with nations including the US, Oman, and the EU, Commerce and Industry Minister Piyush Goyal said. India has implemented trade pacts with Australia, the UAE and EFTA bloc. It has also signed an agreement with the UK.
He however said, US has been a very welcoming market for TCS and has provided it with a fair, open and competitive environment
'The battle for brain power among Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia and Tesla and newer AI companies is fierce.' 'Given the race for AI with China, these companies will find it hard pressed to fill that talent gap,' notes an IT professional based in the US.
The Senate Judiciary Committee has voted in favour of raising the H1B visa limit from 65,000 to 95,000.
The 'H-1B and L-1 Visa Reform Act of 2016' introduced by Democratic Congressman Bill Pascrell from New Jersey and Republican Dana Rohrabacher from California would prohibit companies from hiring H-1B employees if they employ more than 50 people
After a promising start in the Senate, a plan to nearly double the quota for H-1B visas for foreign workers has run into trouble in the United States Congress.
TechNet executives are meeting with senior Obama Administration officials and an array of bipartisan Congressional leaders to advocate for a robust innovation policy agenda.
The Indian team has returned from the US after holding trade talks with their American counterparts in New York, an official said on Thursday. Commerce and Industry Minister Piyush Goyal, who led the team, will be back on Friday.
India on Tuesday conveyed its concerns to the US on issues like H-1B visa fee hike, export control restrictions and outsourcing ban during a meeting between External Affairs Minister S M Krishna and his counterpart Hillary Clinton in New York.
Refuting the allegations of United States lawmakers and certain quarters here that H-1B visas take away jobs from Americans, Nasdaq's chief has claimed that studies show that for every H-1B visa, technology companies increase employment by five workers.
Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said.
Norman Matloff, professor of computer science at the University of California, Davis, believes that the US has enough highly skilled engineers and raising the cap on H-1B would hamper the wages of senior workers already in the industry.
Most pharma shares dropped, dragging the BSE Healthcare index down by 2.14 per cent after Trump's move to impose 100 per cent import tariffs on pharmaceutical drugs from October 1. Wockhardt shares tanked 9.4 per cent.
Applications for H-1B visas totalled a record 233,000 for fiscal 2016, according to figures released recently.
Jaishankar said India will try to find common ground on trade issues during discussions with Pompeo.
Nearly three months after the US immigration agency started accepting petitions for the H-1B visas for highly-skilled foreign professionals, it is still looking for more than 20,000 applications to fill the Congressionally-mandated cap of 65,000.
In addition, for those applying for certain L-1A and L-1B must submit an additional $4,500.
US Secretary of State Marco Rubio claims President Donald Trump was instrumental in bringing about the cessation of hostilities between India and Pakistan, a claim India has consistently denied.
'Indian markets may underperform global peers for the next two quarters.' 'But beyond that, India should catch up and resume its long-term growth path.'
USIBC is pulling together a similar advocacy team like what they did during the US-India civil nuclear initiative.
Some American lawmakers and organisations want to torpedo the H-1B visa program.
Canada and Mexico emerge as preferred destinations to service clients in the US; east Europe and Nordic nations are favoured alternatives
The new Grassley-Durbin bill would weaken the economy. Here's how to let the H-1B visa program strengthen the US instead.
IT services firm Wipro on Thursday reported a marginal increase in consolidated net profit to Rs 3,246.2 crore in the July-September quarter, even as company CEO and MD Srini Pallia asserted that the demand environment remains robust with discretionary spends shifting towards AI-related projects.
Even as the proposed H-1B visa curbs and possible elimination of this programme by the United States Congress is on the cards, Foreign Secretary Shiv Shankar Menon said in Washington on Wednesday that there's absolutely nothing India can do about it because it's a sovereign prerogative of the US.
As federal officers raid alleged abusers, tech employers worry they'll run short of skilled foreign workers, especially in stimulus sectors.
The 2025 US National Security Strategy marks a major pullback, with America turning backward and effectively allowing China greater dominance in Asia. while long-time partners like India are left to face an increasingly unstable global order largely on their own, observes Rajeev Srinivasan.
Indian IT companies can take a breather as the US Senate vote for imposing stringent conditions on the hiring of H-1B visa workers.
'The frenzy for gold is primarily due to the uncertainty surrounding the tariff war.'
'Trump is not shy when he is frustrated with countries'
Primarily meant for computers and information technology professionals, the H-1B visas have been one of the most sought after for foreign professionals in previous years. The US Citizenship and Immigration Service has been receiving several times the number of the allocated quota. However, this year, the USCIS is struggling to fill up the 65,000 H-1B visas as mandated by the US Congress.
US immigration authorities, in the past four years, have increased denial of work-related visas, with India-born professionals being refused at higher rates than nationals of other countries, an American think tank said in a report on Friday.
Eighteen American information technology professionals have filed a civil lawsuit against its former employer, Cognizant, for replacing them with people from India who were hired by the IT major on H-1B visas.
A top American Senator, who visited New Delhi earlier this month, vowed to look into the "disproportionate number" of H-1B visa being denied from India, amid concerns over the increase in certain categories of visa fees.
