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Trump’s H-1B visa fee hike poses risk to India’s remittances, rupee
花旗花旗(US:C) BusinessLine·2025-09-22 19:44

US President Donald Trump’s steep hike in H-1B visa fees could hurt India’s services sector, curb remittance inflows and weigh on the rupee, economists said.Last week, Trump ordered a sweeping overhaul of the H-1B visa programme, mandating a $100,000 application fee aimed at deterring excessive use. India is especially vulnerable to these changes, as roughly 70 per cent of H-1B visa holders in the US are Indian — many employed through Indian IT firms.Highly skilled Indian migrants in wealthy nations are a v ...