Indian Tech Stocks Drop After US H-1B Visa Changes Spark Chaos for Corporates | The Pulse 9/22/2025

BloombergMonday, September 22, 2025 at 9:59:48 AM
Indian Tech Stocks Drop After US H-1B Visa Changes Spark Chaos for Corporates | The Pulse 9/22/2025
Indian tech stocks faced a significant drop following US President Donald Trump's announcement of a $100,000 application fee for new H-1B visas. This change raises concerns for outsourcing companies that rely on these visas to hire skilled workers from abroad. The hefty fee could lead to operational challenges for these firms, impacting their ability to compete in the global market. Additionally, the introduction of the 'Trump Gold Card' visa program adds further uncertainty, making it a critical issue for the tech industry.
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