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
Business Standard brings to you a snapshot of events that made it to the headlines today
Trump also blocked those entering on H-2B seasonal worker visas, which are used by landscapers and other industries
The visa suspension, which runs to the end of the year, seems to open up some 525,000 jobs for American workers, a senior administration official told reporters
Asked if there would be exclusions from the new restrictions, Trump said very few.
The Indian information technology industry, which has long been a beneficiary of the H-1B visa regime, is likely to be directly impacted if such a suspension is announced for a longer term.
India is well aware that while globalisation is here to stay, its norms, however, may become different, says India's foreign secretary
India accounts for the second largest number of foreign students in the US after China. There are more than 200,000 Indian students in the US.
Research suggests that, if anything, being in a field with more H-1B visa-holders makes it more likely that US-born young college graduates work in a job closely related to their college major
In the last few years, subcontracting costs for most IT firms have also increased manifold due to protective measures around issuance of H1-B work visas
The US has nearly 1.45 million cases of confirmed Covid-19 cases and over 86,000 people have died due to the highly contagious disease
The unemployment figures in the US have reached an all-time high due to the coronavirus pandemic
An H-4 visa is issued to the immediate family members (spouse and children under 21 years of age) of the H-1B visa-holders