IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing. The company had logged a profit of Rs 6,106 crore in the corresponding period of the previous fiscal.
'Brazil, China, Colombia and India each had more than 2,000 of their citizens overstaying student/exchange visas, with India having the highest number (7,000).'
Rescinding its more than 13-year-old policy, the US Citizenship and Immigration Services has said that the burden of proof in establishing eligibility is, at all times, on the petitioner.
The money generated, expected to be more than a billion dollar per annum, would be used to fund a biometric entry and exit tracking system
The US Chamber of Commerce urges US lawmakers to revamp job-based Green Card and H-1B programmes.
The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.
This April, visa applications to be issued for the US financial year beginning October saw a 50 per cent drop over last April.
Noting that Indians have been benefited most from the H-1B and L1 work visas, a senior US official has said there have been some cases of abuse of these visa categories in India.
"We will fight to protect every last American life," Trump
In President Donald Trump's big priority bill, there is a proposal for a 5 percent excise tax on remittance transfers that would cover more than 40 million people, including those holding green cards and H1B visas.
Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.
'...he keeps his campaign promises, does what he said he will do which led to his huge victory.'
Amid speculation that there would be reduction in number of H-1B visas, which has attracted large number of Indian professionals, a top immigration expert has said that the quota of 65,000 will get capped as the filing opens on April 1.
Posing a series of questions to the prime minister, Congress general secretary in-charge communications Jairam Ramesh also asked if Modi would convey to the US president that India would send its own aircraft -- like Venezuela and Colombia did -- to bring back Indian deportees in the future.
The H-1B work visas for highly skilled professionals have been most beneficial from IT sector professionals from India.
Hires 2 former US ambassadors to India.
'The policies announced by his administration are implemented faster.'
Given the rate at which the USCIS has now been receiving the H-1B applications on a daily basis, officials said it would not be a surprise that they announce that the cap has been reached before the end of this year.
Where do Indian IT firms stand compared to their global peers in this journey of transformation? Ayan Pramanik seeks answers from IT services analyst Phil Fersht.
Despite the rise in visa application fee and increasing pressure from the US to hire more locally, the number of H-1B and L-1 visa holders at most of the top Indian information technology firms are expected to increase further.
'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.'
During his inauguration on Monday, President Trump declared a national emergency at the US southern border.
'For the Indian economy to maintain a growth rate of 7 to 8 per cent, it needs large foreign direct investment coming in, and that's mainly coming from the US.'
Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.
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.
US is the largest market for the over $140 billion Indian IT services industry
'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.
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.
With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts. Experts also said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms. Over 80 per cent of India's IT export earnings come from the US, making it vulnerable to changes in visa policies.
'Accusations would be flung about his votes being stolen. He'll say dead people were voting from the grave.' Payal Singh Mohanka reports on the mood ahead of the US presidential election.
'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.
Indians have topped the number of illegal immigrants from Asian countries caught at land, sea, and air checkpoints of the US since 2022.
Trump spoke approvingly of his recent telephone conversation with Xi Jinping. This could indicate the possibility of America and China reaching some level of tactical accommodation, which would not be good news for India, points out Ambassador Shyam Saran, a former foreign secretary.
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.
Also looks at setting up development and training centres in the US to tide over visa-related issues
A strident bill concerning US work visas for non-US citizens has been re-introduced before the US Senate. A look at the bill.
Those on H-1B visas have to find a new job within 60 days or head back to India.
