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Indian IT braces for $100,000 H-1B visa fee; firms look to offshoring, local hires to absorb shock – Report

R Amin2 months ago02 mins mins
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US visa curbs, weak demand lead to decline in IT stocks

R Amin2 months ago02 mins mins

BENGALURU: Some Indian IT stocks took a hit on BSE after US President Donald Trump’s latest proclamation on the H-1B visa, deepening concerns in an already fragile demand environment. TCS and Tech Mahindra led the losses among the top five IT firms, each falling more than 3%. HCLTech saw the least decline at 1.8%. Among…

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‘Increase in last-minute bookings’: India-US last-minute flights spike after H-1B fee news, reports MakeMyTrip; US says existing visas unaffected

R Amin2 months ago02 mins mins
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Business News
US labour market holds firm: Jobless claims fall to 216,000; layoffs stay low despite corporate cuts

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  • US labour market holds firm: Jobless claims fall to 216,000; layoffs stay low despite corporate cuts
  • US markets today: Wall Street extends gains as rate-cut hopes rise; tech stocks lead early rally
  • Reliance leads rally: Shares touch 52-week high; market cap tops Rs 21 lakh crore
  • Budget leak shock: UK’s Treasury chief Reeves unveils tax plan in Parliament; Labour braces for political fallout
  • No finance degree needed: Sebi widens eligibility for advisers and analysts; all you need to know

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  • US labour market holds firm: Jobless claims fall to 216,000; layoffs stay low despite corporate cuts
  • US markets today: Wall Street extends gains as rate-cut hopes rise; tech stocks lead early rally
  • Reliance leads rally: Shares touch 52-week high; market cap tops Rs 21 lakh crore
  • Budget leak shock: UK’s Treasury chief Reeves unveils tax plan in Parliament; Labour braces for political fallout
  • No finance degree needed: Sebi widens eligibility for advisers and analysts; all you need to know
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