Passez à l'illimité avec Magzter GOLD

Passez à l'illimité avec Magzter GOLD

Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement

$149.99
 
$74.99/Année

Essayer OR - Gratuit

US NOT ALONE TO TURN AWAY SKILLED INDIANS

Mint New Delhi

|

September 25, 2025

The Donald Trump administration set the fee for new H-1B visa applications at $100,000 last week, employing the classic shock-and-awe approach.

- NANDITA VENKATESAN & MANJUL PAUL

A subsequent clarification that this would be a one-time fee and not ment brewing across several Western countries to which Indians have traditionally flocked for work and emigration. These countries have historically relied on nations such as India and China to fill their labour shortages and drive economic growth. However, there has been a shift in public sentiment in recent years, with demands to prioritize a country's own citizens over foreign workers.

imageSHUTTING THE DOOR

THE US's decision to hike the H-1B visa fee is likely to have ripple effects in the information technology (IT) sector, which relies on foreign workers in the US. While Trump had begun tightening the rules from the start of his second term, the steep hike came as a jolt.

But the US is not alone in doing so. Several other countries have also been adjusting to their immigration policies to disincentivise skilled foreign workers, while cracking down on illegal and low-skilled workers.

The UK and Sweden have raised the minimum salary for a work permit, restricting the pool to a small set of highly skilled workers. Canada and Australia, the other top destinations for Indians, also plan to issue fewer student and work permits to reduce migration.

PLUS D'HISTOIRES DE Mint New Delhi

Mint New Delhi

'Banks can't rely on service providers'

As banks worldwide double down on digital transformation, Reserve Bank of India (RBI) deputy governor Swaminathan J. has cautioned lenders that they cannot simply rely on third-party service providers for outsourced solutions.

time to read

1 min

December 02, 2025

Mint New Delhi

Mint New Delhi

SC orders pan-India CBI probe into digital arrests

The court issued a notice to RBI on why AI wasn't used to identify mule accounts

time to read

1 mins

December 02, 2025

Mint New Delhi

Mint New Delhi

Your attention is the new currency for India’s streaming apps

India’s video-streaming platforms are beginning to value deeper, higher-quality viewer engagement, with watch time and total minutes viewed becoming core indicators amid plateauing paid subscriptions.

time to read

2 mins

December 02, 2025

Mint New Delhi

Mint New Delhi

IT growth trails global clients amid shifting tech spending

Automation, product spends, in-house tech centre investments contributed to decoupling

time to read

2 mins

December 02, 2025

Mint New Delhi

Mint New Delhi

Don't know where Trafigura’s nickel millions are, says Gupta

Prateek Gupta, the man Trafigura Group says defrauded it of $600 million in a massive nickel scam, told a court on Thursday he didn't know where much of that money has gone.

time to read

1 min

December 02, 2025

Mint New Delhi

Centre to sell up to 6% in Bank of Maharashtra

State-owned lender Bank of Maharashtra is likely to see a stake dilution as the government plans to divest up to a 6% stake through an offer for sale starting Tuesday.

time to read

1 min

December 02, 2025

Mint New Delhi

Banking sakhis have a key role in India's financial inclusion efforts

They have taken banking services to rural regions and we now need to strengthen their network

time to read

3 mins

December 02, 2025

Mint New Delhi

Gold soars ₹3,040 on global cues

Gold prices surged by ₹3,040 to ₹1,33,200 per 10 gm in the national capital on Monday, tracking strong global trends and a weak US dollar, according to the All India Sarafa Association.

time to read

1 min

December 02, 2025

Mint New Delhi

Mint New Delhi

Centre's tobacco tax recast to lift states’ excise revenue

The duty on tobacco would rise from 64% to 70% once the amended law is implemented

time to read

2 mins

December 02, 2025

Mint New Delhi

Sri Lanka cyclone death toll at 355

Cyclone Ditwah brought the island nation’s worst floods in a decade when it struck on Friday.

time to read

1 min

December 02, 2025

Listen

Translate

Share

-
+

Change font size