Here are the top headlines of the day
Currently, there is a backlog of almost 1 mn foreign nationals and family members lawfully residing in the United States who have been approved for, and are waiting to receive Green Cards
Trump said, H-1B should be used for top highly paid talent to create American jobs, not as inexpensive labour programmes and destroy American job
Measures that restrict access to talent will slowdown the recovery phase of the US economy, jobs, innovation, and research and development
All that happened in the markets today
"Today I am signing an executive order to ensure that the federal government lives by a very simple rule. Hire American," Trump said.
Here are the top headlines of the day
An increase in local hiring over the last few years since the US the largest market for Indian IT firms - started curbing the visa issuances will help limit the impact on the Indian IT companies now
According to industry experts, a stricter visa regime to improve local employment and closure of onshore opportunities in the US, is likely to result in a reverse brain drain
Here are the top headlines of the day
According to the US Citizenship and Immigration Services data, the share of Indian companies among the top 10 visa recipients has dropped from 51 per cent to 24 per cent during the 2016-19 period.
The decision by the Trump administration is going to impact a large number of Indian IT professionals and several American and Indian companies who were issued H-1B visas by the US government
A new immigration order issued by President Donald Trump on Monday that bars the entry of holders of certain temporary work visas
Work-from-home and increased local hiring should help mitigate its impact
Recessionary environment, travel restriction to minimise the impact to a large extent
Around 1,500 non-resident Indians, who travelled for family emergencies and annual vacations are stranded in India since the lockdown
To not have peers from other countries collaborating side by side with Americans is going to be a setback for the country
Suspending this programme will only weaken our economy and our health care workforce at a time when the need to strengthen both is as clear as ever, Krishnamoorthi said
Business Standard brings to you a snapshot of events which made it to the headlines today
H-1B is the most coveted foreign work visas for technology professionals from India