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US H-1B visa fee hike: Indian IT firms facing $150-550 million in immigration bill – Know all about it – The Times of India

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US H-1B visa fee hike: Indian IT firms facing 0-550 million in immigration bill – Know all about it – The Times of India


India’s top IT services firms are bracing for a steep rise in costs after the US government sharply increased the H-1B visa application fee to $100,000, nearly ten times the earlier $7,500–10,000. According to estimates, leading players could each end up spending an additional $150–550 million in immigration fees based on their past visa sponsorship levels, ET reported.

H-1B Visa Hike: Trump’s $100K Fee Puts Smaller Indian Firms at a Disadvantage

The US remains the largest market for Indian IT, contributing up to 85% of their revenue and employing 3-5% of the industry’s workforce onsite. For India’s IT giants like TCS, Infosys, HCLTech, and Wipro, the recent hike in US H-1B visa fees could cut their core operating profits (EBITDA) by 7–15%, according to industry analysts.TCS, for example, had about 7,000 H-1B approvals in FY23. If these visas come up for renewal in October 2025, the added cost of roughly $90,000 per petition could reduce EBITDA by 7–8%. As of FY25, TCS had 5,500 employees on H-1B visas.To mitigate the impact, firms are expected to accelerate offshoring and execute more work from India or other low-cost locations. However, for specialised roles requiring onsite presence, they will still need to sponsor visas-now at sharply higher costs. This could push companies toward greater local hiring and subcontracting in the US, though both options are costlier and may erode margins further.Industry executives caution that the move could disrupt project timelines, especially around renewals and workforce mobility. Clients may also feel the pressure, as IT vendors are unlikely to absorb the entire burden and will pass on costs directly or indirectly. “Profitability will be impacted as the overhead costs will go up, but companies will also cut corners in what skills will have to be kept onshore, and if they can make do with fewer people,” Akshat Vaid, partner at US consultancy and research firm Everest Group told ET.Recruitment experts believe the change will accelerate alternative models such as offshore delivery, gig-based work, and remote contracting.“This may stretch the project implementation timelines of clients as people will not be available locally. For individual professionals, there will be disruption, especially around renewals and mobility, but over time both employees and companies will find new ways of working,” Aditya Narayan Mishra, managing director and CEO of recruitment services firm CIEL HR told the outlet.“This will accelerate alternative talent models. With employers reluctant to commit to the heavy cost of sponsorship, we could see greater reliance on remote contracting, offshore delivery, and gig workers,” he added.The impact may not be immediate, as the next round of visa applications will only be filed in 2027. However, with $13 billion worth of deals due for renewal since July, analysts say the uncertainty could weigh on negotiations, renewals, and new project pipelines.While Indian IT vendors are better prepared for localisation, already embedding subcontracting and nearshore delivery into their models, analysts warn the broader $283 billion outsourcing industry faces renewed margin pressure after three years of sluggish growth. Interestingly, experts also point out that Big Tech companies, not just Indian IT firms, account for a large share of fresh H-1B applications, meaning the cost impact will be felt widely across the tech ecosystem.Experts suggest that companies may increasingly rely on offshore teams where possible, reserving onshore roles for critical skills exempt from the new fee order. The move comes amid broader disruption from slowing demand and the growing adoption of AI, forcing software exporters to adapt their delivery models and talent strategies.According to Motilal Oswal, Indian IT firms are relatively well-positioned to adjust because localisation and subcontracting are already integral to their operations. The report also notes that while H-1B visas are often associated with Indian IT, major US tech firms like Google, Amazon, Microsoft, and Meta actually account for a larger share of fresh applications.Overall, the fee increase is expected to pressure margins and client deals, but IT companies are likely to explore new ways to manage costs through offshore delivery, subcontracting, and selective onshore hiring.





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Job seekers use AI for cover letters; employers turn to AI-led interviews — both are equally miserable, here’s why – The Times of India

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Job seekers use AI for cover letters; employers turn to AI-led interviews — both are equally miserable, here’s why – The Times of India


Turned to artificial intelligence (AI) to help you stand out during the job process, but got rejected in the first round? Or are you a hiring manager who relied on AI to frisk through applications to select the best candidate, but ended up with not what you quite envisioned?The answer lies in the approach itself. Relying on artificial intelliegnce for job application might be doing you more harm than good.The growing use of artificial intelligence in recruitment is reshaping how Americans search for work, just as the country’s labour market shows signs of slowing. From automated interviews to AI-written cover letters, technology is now a part of almost every stage of the hiring process. But is it working? In 2025, more than half of organisations surveyed by the Society for Human Resource Management reported using AI tools to recruit workers. At the same time, almost one-third of ChatGPT users turned to the OpenAI chatbot for help with job applications. Yet recent research indicates that candidates who rely on AI during the application process are actually less likely to be hired, even as employers struggle to cope with a flood of applications. “The ability (for companies) to select the best worker today may be worse due to AI,” Anais Galdin, a researcher at Dartmouth told CNN Business. Galdin and Jesse Silbert of Princeton University examined tens of thousands of cover letters submitted on Freelancer.com, a job listing platform and found that after the launch of ChatGPT in 2022, cover letters became longer and more polished. However, employers placed less importance on them, making it harder to distinguish strong candidates from the wider pool. As a result, hiring rates dropped, and so did average starting wages, CNN reported. “If we do nothing to make information flow better between workers and firms, then we might have an outcome that looks something like this,” Silbert said, referring to the study’s findings.

A negative cycle

As application volumes rise, companies are increasingly automating interviews as well.According to a survey by recruitment software firm Greenhouse conducted in October, 54% of US job seekers said they had taken part in an AI-led interview. While virtual interviews became common during the pandemic in 2020, many employers now use AI systems to conduct interviews, without necessarily removing subjectivity from hiring decisions. “Algorithms can copy and even magnify human biases,” said Djurre Holtrop, a researcher who studies the use of asynchronous video interviews, algorithms and large language models in hiring.“Every developer needs to be wary of that,” CNN cited the expert. Daniel Chait, chief executive of Greenhouse, said the growing use of AI by both applicants and employers has created a negative cycle. “Both sides are saying, ‘This is impossible, it’s not working, it’s getting worse,’” Chait told CNN.

What’s next?

Despite these concerns, adoption of the technology continues with one estimate projecting that the market for recruitment technology will grow to $3.1 billion by the end of this year. At the same time, resistance is mounting from lawmakers, labour groups and workers worried about discrimination. Liz Shuler, president of the AFL-CIO labour union, described AI-driven hiring as “unacceptable”. “AI systems rob workers of opportunities they’re qualified for based on criteria as arbitrary as names, zip codes, or even how often they smile,” Shuler said in a statement to CNN. Several US states, including California, Colorado and Illinois, are introducing new laws and regulations aimed at setting standards for the use of AI in hiring. However, a recent executive order signed by US President Donald Trump raised questions about the future of state-level oversight. Samuel Mitchell, a Chicago-based employment lawyer, said the order does not “preempt” state law but adds to the “ongoing uncertainty” around regulation. He added that existing anti-discrimination laws still apply, even when companies use AI systems, and legal challenges are already emerging. In a case supported by the American Civil Liberties Union, a deaf woman is suing HireVue, an AI-powered recruitment company, alleging that an automated interview failed to meet legal accessibility standards. HireVue denied the claim, telling CNN that its technology reduces bias through a “foundation of validated behavioral science”. Even with these challenges, more and more AI is getting hiring access. New tools have made resume screening more sophisticated, potentially helping some candidates who may have been overlooked. But for those who value personal interaction, the shift has been unsettling. Jared Looper, an IT project manager in Salt Lake City, Utah, who previously worked as a recruiter, recently underwent an AI-led interview during his job search. He described the experience as “cold”, and said he initially hung up when contacted by the automated system. Looper said he worries about job seekers who have yet to adapt to a hiring environment where appealing to algorithms has become essential. “Some great people are going to be left behind.”



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India-Nepal Trade Poised To Double In Next Five Years: Report

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India-Nepal Trade Poised To Double In Next Five Years: Report


New Delhi: Strengthening business linkages and sustained investment flows between India and Nepal are expected to drive bilateral trade into a new growth phase, with volumes likely to double by 2030, according to an article in Nepalese media.

Bilateral trade remains the most visible and measurable pillar of India–Nepal economic relations, reflecting both geographic proximity and deep-rooted interdependence. India accounts for over 64 per cent of Nepal’s total trade, underscoring its centrality to Nepal’s external economic engagement and supply chains. In FY 2024–25, total bilateral trade reached approximately USD 8.7 billion, reaffirming India’s position as Nepal’s largest trading partner by a wide margin.

India’s exports to Nepal stood at about USD 7.4 billion, dominated by petroleum products, machinery, vehicles, pharmaceuticals, food items, and construction materials, which are critical to Nepal’s consumption and infrastructure needs. Nepal’s exports to India, valued at nearly USD 1.3 billion, mainly include electricity, agricultural products, iron and steel items, and manufactured goods.

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This robust trade structure underscores both the extent of economic integration and the significant potential for diversification, value addition, and more balanced growth of Nepal’s export basket in the coming years. With growing business and investments, the trade trajectory is expected to enter a new phase, with bilateral trade doubling over the next five years, according to the article in the Nepal Aaja news portal.

The article also highlights that India–Nepal bilateral investments reflect a deepening economic partnership anchored in geographical proximity, historical trust, and growing strategic convergence. Indian companies constitute the largest source of foreign direct investment in Nepal, accounting for roughly 30–35 per cent of Nepal’s total FDI stock.

Cumulative Indian investment is estimated at USD 750–800 million, with operational investments of nearly USD 670 million spread across more than 150 Indian ventures. These investments span key sectors such as hydropower, manufacturing, banking, insurance, telecommunications, cement, tourism, education, and hospitality, making India a critical driver of Nepal’s industrialisation and services-sector expansion.

Indian public and private enterprises have played a particularly transformative role in Nepal’s hydropower sector by combining capital, technology, and assured power off-take arrangements, thereby strengthening Nepal’s energy security while creating long-term commercial returns for Indian firms. Indian banks and insurance companies have contributed to financial deepening and stability, while joint ventures in manufacturing and tourism have generated employment, skills, and local value addition.

This investment synergy is reinforced by India’s broader development partnership initiatives, which support infrastructure creation, cross-border connectivity, and capacity building, thereby lowering investment risks and enhancing economic integration. Together, investment flows and development finance are knitting the two economies into a closely interconnected economic space with shared long-term interests, the article points out.

Energy cooperation has emerged as a transformative pillar of India–Nepal relations, redefining Nepal’s role in the regional economy. Nepal possesses vast hydropower potential, estimated at over 40,000 MW of economically viable capacity. In recent years, concerted efforts by both governments have enabled Nepal to transition from a net importer of electricity to a growing exporter.

In fiscal year 2024–25, Nepal exported approximately NPR 17–18 billion (about USD 130 million) in electricity, with the majority sold to India. Long-term power trade agreements envisage Nepal exporting up to 10,000 MW of electricity to India over the coming decade.

This energy partnership provides Nepal with a stable source of export revenue while supporting India’s clean energy transition and regional grid stability. The integration of power markets has also positioned India as a transit country for Nepal’s electricity exports to third countries, further enhancing regional economic cooperation, the article added.



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Christmas spirit offered ‘right through the year’

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Christmas spirit offered ‘right through the year’


Caitlin Klein,in Jersey, St Helierand

Julia Gregory,in Jersey

Chris Craddock/BBC Vinni Jones is wearing a greyish brown sweatshirt with a yellow rose logo and the words Grace Trust in white. He is standing in front of a brown cupboard which has piles of cans of food on the shelves. There are also colourful drawings on the cupboard door.Chris Craddock/BBC

Vinni Jones said the Grace Trust is there all year or people who are struggling

A charity which supports vulnerable people in Jersey says it has “the Christmas spirit right through the year”.

The Grace Trust which helps between 700 to 750 people a year struggling with poverty, loneliness or addiction issues said it was seeing “a much wider range” of people from all layers of society, including more older people needing community support.

General manager Vinni Jones said the charity aimed to put a smile on people’s faces from its drop-in base at Lewis Street in St Helier.

It helped 500 people at the food bank every year and also ran singing, art and Saturday lunches.

‘Just come down’

He said there were extra festive goodies at the food bank and 92 people recently sat down to an “absolutely brilliant” Christmas meal at St Paul’s Centre with 20 volunteers on hand to help out.

Entertainment was provided by Fiddler’s Green and the trust’s Parklife choir.

Mr Jones said they saw more people at Christmas because it can be a challenging time.

“Just come down, knock on the window and we’ll give you what we’ve got.”

‘Offer understanding’

He explained that “we can offer a lot more than simply the food and Christmas goodies” and said people are often surprised at all the activities on offer and encouraged them to have a go.

He said the charity also had a fund to help younger mums and links with other agencies so it can offer toy vouchers at Christmas.

Support was also available year round for struggling islanders.

“It’s just a matter of being able to offer that understanding and to talk about January, talk about February for them. We’ll still be here for you,” Mr Jones said.

The government has also reminded islanders about mental health support over Christmas.

There is 24 hour support available from the Adult Mental Health crisis team, on 445 290 and online support from Together All.



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