BUSINESS
H-1B Visa Increase Will Have Minimal Effect on Indian IT Companies: Report
However, the medium-term impact can be more serious. A higher delivery cost in the US can lead to a structurally higher cost base, although firms might decide to rethink their operational designs and look at mitigation strategies, said the Franklin Templeton report.
JPMorgan Labels India a ‘Bright Spot’ Despite Tariffs and $100,000 H-1B Fee
“Sure, it has its share of issues — the tariffs, now the H1B visa issues. But overall it has a strong hand to play,” Leenart said in an interview with Bloomberg Television in Mumbai, where the bank is hosting its annual India conference. The Wall Street bank believes India can navigate the tariff challenges, “and will land in a good place,” he added.
Piyush Goyal Visits Washington for India-US Trade Discussions
The visit comes after a day-long round of discussions in New Delhi between US Chief Negotiator Brendan Lynch and India's Rajesh Agrawal on the proposed bilateral trade agreement.
Higher US H-1B visa fees expected to have minimal impact on IT firms’ margins: Report
Equirus fund management company pointed out that the companies can avoid the limitation by increasing dependence on local hiring, subcontracting agreements, or transferring more work offshore.
GST Relief for Middle Class: Prices of School Kits, Medicines, Toiletries, and Essentials Set to Drop
Essential items on a day-to-day basis such as soap, toothpaste, shampoo, hair oil, and tooth powder will now be charged only 5 per cent GST in place of the earlier 18 per cent, lightening the burden on family budgets. For instance, a Rs 5,000 bill on groceries and toiletries can now help consumers save around Rs 500.
India’s Real Estate Market Shows Resilience in H1 2025, Drawing $3 Billion in Investments
Foreign investors poured in $1.6 billion, representing about 52 per cent of the whole sector investment in the period.
GST 2.0 Comes Into Effect: Prices Drop for About 370 Items
Union Finance Minister Nirmala Sitharaman said that the new system is aimed at increasing consumer disposable income and giving a boost of about Rs 2 lakh crore to the economy.
Before GST, foreign companies found it cheaper to route goods from Bengaluru to Hyderabad through Europe: PM Modi
PM Modi blamed such a strange phenomenon on the labyrinth of taxes, tolls and roadblocks that rendered trade within the country both expensive and time-consuming.
Commerce Minister Piyush Goyal to travel to US for trade talks on September 22
The visit by the delegation will drive ongoing trade talks forward and work towards the early conclusion of a mutually fair trade agreement between the two countries. Officials said negotiations will focus on deepening bilateral trade, investment, and economic engagement in areas of major sectors.
New H-1B Visa Rules Could Stifle US Innovation While Boosting India’s Growth: Amitabh Kant
This action is a major blow for Indian IT professionals working in the US, along with top tech companies, since Trump has signed a proclamation that seeks to severely restrict the H-1B visa program.
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