'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.'
H-1B visa reform bill introduced in US Senate
Glen Keiser, consular section chief, US Consulate, Mumbai, says that Hyderabad and Bangalore are centres of H-1B visa fraud.
In a major relief to thousands of Indian IT professionals, a federal judge in the US on Thursday blocked the enforcement of a temporary visa ban by the Trump administration on a large number of work permits, including the most sought after H-1B visas, ruling that the president exceeded his constitutional authority.
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.
International companies usually store data on global servers and the requirement to store data locally would require them to make an additional investment. But policymakers in India believe storing data locally would help monitor and conduct investigations if the need arises.
'The frenzy for gold is primarily due to the uncertainty surrounding the tariff war.'
The USCIS announcement indicated that the US government is going to be tough and stringent in approval of H-1B visas this year.
The United States immigration authorities have announced that 2,000 slots in the H1B visa category are still available for those holding American master's degree or advanced degrees.
On June 23, in a huge blow to Indian IT professionals eyeing the US job market, the Trump administration suspended the H-1B visas along with other types of foreign work visas until the end of 2020 to protect American workers in a crucial election year.
The 'Protect and Grow American Jobs Act', which, makes important changes to the eligibility requirements for H1-B visa exemptions was re-introduced on Wednesday
The US Citizenship and Immigration Services will determine from today the allocation of visas -- highly popular among IT professionals -- through computerised draw of lots.
'Trump is not shy when he is frustrated with countries'
The rush for these visas before the limit runs out is apparent from the fact that while 3,302 such visas were available on November 29, 2005 only 1,364 visas remain on offer at present.
Had the US Senate plan been cleared, it would have increased the H1-B visas by 30,000 annually.
Lower numbers signal that that companies, especially the technology services firms, are steadily reducing the dependency on non-immigrant visas.
With average returns of 18 per cent over the past year, listed real estate investment trusts (Reits) have clearly outperformed both the Nifty Realty index and the Sensex. Over the same period, Nifty Realty fell 15.5 per cent, while the benchmark index was largely unchanged. Steady office leasing, the Securities and Exchange Board of India's (Sebi's) decision to reclassify Reits as equity instruments, and ongoing portfolio expansion have strengthened the sector's appeal.
H-1B workers have minimal skills, says Infosys whistleblower
Indians received the lion's share of H1-B visas over the 12-month period ending September 2004, and the H1-B post at the US Consulate General Office in Chennai was one of the busiest such offices in the world, a US consulate official said.
High visa processing fees, social security issues and the decision by Administrative Appeals Office to reapply for H1B on location change make life tougher for highly skilled professionals from India, Nasscom chief BVR Mohan Reddy tells Ritu Jha/Rediff.com
He said his administration is going to enforce 'Hire American' rules that are designed to protect jobs and wages of workers in the United States.
Observing that the H-1B work visa programme helps hire the best available talent of the world, American software giant Microsoft has said H-1B visa holders have contributed significantly to its success.
The US Citizenship and Immigration Services (USCIS) has announced to review its policy in H-1B cap exemptions for non-profit entities that are related to or affiliated with an institution of higher education.
US Ambassador-designate Sergio Gor emphasizes the importance of the India-US relationship after meeting with Prime Minister Narendra Modi, focusing on cooperation in defence, trade, and critical minerals.
According to the latest figures released by the US Citizenship and Immigration Services, just 29,700 people had applied for H-1B visas till August 13.
US to start accepting H-1B petitions from April 1.
Arun Vakil looks at H1B visas in the United States. He gives an introduction, reviews details and looks at the future of this most desired and least available visa.
A year ago, when thousands of people were handed pink slips, the USCIS had received 42,000 H-1B applications.
This is primarily because of the current economic situation in the country, Microsoft said. "Given the economic downturn, we are filing substantially fewer H-1B applications than we filed last year," Microsoft general counsel Brad Smith wrote in a blog posting on microsoftissues.com.
IT company Infosys on Thursday posted 13.2 per cent increase in consolidated net profit at Rs 7,364 crore for the second quarter ended September 30, 2025.
The new information required by the Department of Labour is significant because before sponsoring a foreign worker for the H-1B visa, the company needs to get its labour application approved by it.
US President Donald Trump has extended the freeze on the most sought-after H-1B visas along with other types of foreign work visas by three months to protect American workers, saying while therapeutics and COVID-19 vaccines are recently available, their effect on the labour market and community health has not yet been fully realised. The decision will impact a large number of Indian IT professionals and several American and Indian companies who were issued H-1B visas by the US government for the fiscal year 2021 beginning October 1. The freeze on various categories of work visas was ordered by Trump through two proclamations on April 22 and June 22 last year.
The US Citizenship and Immigration Services said it has received approximately 49,000 H-1B petitions till August seven counting toward the Congressionally-mandated 65,000 cap, more than four months after it started accepting applications for visas for the 2010 fiscal beginning this October.
The USCIS said this year it expects to receive more than 65,000 petitions.
Like last year, the agency will receive applications between April 1 and April 5. If the cap is not reached, it will continue to accept applications for five more days.
ITServe's lawsuit against the USCIS alleges that the agency has no authority to misinterpret the existing regulations and shorten the approval durations.
In the wake of the economic crisis, there has been a sharp drop in H-1B work visa applications from major Indian IT companies.
While both sides have announced the decision to restart talks for a trade deal, government officials said discussions are continuing virtually.
