कोशिश गोल्ड - मुक्त

Question over fee sees techies, students scrambling for answers

Business Standard

|

September 22, 2025

A weekend of panic and disbelief swept through thousands of Indian technology professionals on H-1B visas after the United States abruptly announced a steep new visa fee through a Presidential proclamation late on Friday.

- SHINE JACOB, SHIVANI SHINDE & AJINKYA KAWALE

A weekend of panic and disbelief swept through thousands of Indian technology professionals on H-1B visas after the United States abruptly announced a steep new visa fee through a Presidential proclamation late on Friday.

For Arun Kumar (name changed), a techie from south Tamil Nadu, the past 30 hours have been a whirlwind of stress and frantic search for a flight ticket to the US.

Kumar works in Michigan for a global giant for almost 15 years on an H-1B visa. He had returned to Tamil Nadu for a two-week visit and was scheduled to fly back on October 3. Then came what he calls the “Donald Trump shocker”. “I had just about 30 hours left in hand. A journey from my hometown to Chennai itself takes at least eight hours. Immediately, 1 checked for tickets for a direct flight, but prices had shot up to nearly $2,000 against my original booking of $600. And with the panic, tickets quickly became unavailable,” he recalls.

Business Standard से और कहानियाँ

Business Standard

File revised-return before assessment or notice, updated return thereafter

The finance ministry has flagged more than 44,000 taxpayers for failing to report virtual digital asset (VDA) transactions in their income-tax returns (ITR).

time to read

3 mins

December 13, 2025

Business Standard

Business Standard

Musk’s Mars mission adds risk to red-hot SpaceX IPO

Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.

time to read

1 min

December 13, 2025

Business Standard

India, Oman to ink FTA during PM visit

Next week’s three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal.

time to read

2 mins

December 13, 2025

Business Standard

Gujarat leads in FY25 loan growth, Karnataka in deposits

Gujarat topped the chart for loan growth in the financial year 2025 (FY25) with 14.14 per cent followed by Tamil Nadu at 11.4 per cent, while Maharashtra retained the top slot among states in terms of outstanding credit extended by scheduled commercial banks, followed by Delhi and Tamil Nadu.

time to read

1 min

December 13, 2025

Business Standard

DFS tightens grievance redress oversight

The Department of Financial Services (DFS) under the Ministry of Finance has intensified its monitoring of grievance redressal across the banking, financial servicesandinsurance(BFSI) sector, introducing a series of measures aimed atimproving accountability and customer satisfaction.

time to read

2 mins

December 13, 2025

Business Standard

Auto financier stocks rise; valuations may cap upside

Investors should take selective exposure to the sector at current levels, say analysts

time to read

2 mins

December 13, 2025

Business Standard

Favourable post-expansion outlook for Tata Steel

While steel prices continue to be under pressure, Tata Steel is looking at various moves to ensure domestic capacity expansion to 40 million tonnes per annum (mtpa) by 2030 from the current 26.6 mtpa.

time to read

3 mins

December 13, 2025

Business Standard

EU set to indefinitely freeze Russian assets

The European Union (EU) looked set on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Moscow’s invasion.

time to read

1 min

December 13, 2025

Business Standard

Brookfield to build Asia's biggest GCC facility in Powai

Brookfield Asset Management will invest $1 billion to develop Asia’s largest global capability centre (GCC) in Mumbai’s Powai, the New York-based global alternative asset manager said in a statement on Friday.

time to read

2 mins

December 13, 2025

Business Standard

Dec releases set stage for superhit 2025

Record ₹13,500 crore box office collection estimated this year

time to read

3 mins

December 13, 2025

Listen

Translate

Share

-
+

Change font size